Search Results for: UBS
UBS Said to Suspend FX Traders in New York, Zurich and Singapore
March 27th, 2014
UBS AG suspended foreign-exchange traders in the U.S., Singapore and Switzerland as its investigation into the alleged rigging of currency markets widened, according to a person with knowledge of the matter. They include Onur Sert, an emerging-markets spot trader ...
Global crypto user base surpassed half a billion in 2023 — Crypto.com report
January 26th, 2024
A research report from Crypto.com estimates the number of worldwide cryptocurrency users surged to 580 million people in 2023. More than half a billion people had become cryptocurrency users or owners by the end of 2023, according to a ...
UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%
January 26th, 2024
KEY POINTS Data from industry body Innovate Finance shows that global investment in fintechs sank to $51.2 billion in 2023, down 48% from 2022. Despite that, the UAE saw total investment soar 92%, thanks in part to more fintech-friendly ...
Cryptojacker arrested in Ukraine over EUR 1.8 million mining scheme
January 26th, 2024
The National Police of Ukraine (Національна поліція України), with the support of Europol, has arrested an individual believed to be the mastermind behind a sophisticated cryptojacking scheme. The 29-year-old individual was apprehended in Mykolaiv, Ukraine, on 9 January. Three ...
Cyprus government mulling reduced VAT for basic necessities
April 21st, 2023
It is unclear how effective government machinations to reduce the VAT on necessary goods will be, following reports on Wednesday that authorities are looking to completely axe tax on items like bread, milk, and baby food. Commenting on the ...
Fraudulent online investment platform: five arrests of high-value targets
April 21st, 2023
Eurojust and Europol have supported a new coordinated action against a fraudulent online investment platform, which has so far cost at least 33 000 victims an estimated EUR 89 million. At the request of the German authorities, two action ...
Alphabet and Google Say Yes to Crypto
October 12th, 2022
Alphabet, through its subsidiary Google, has just offered the crypto industry a dream support for the young industry which has redoubled its efforts in recent months to push for its adoption by the masses. Google now accepts cryptocurrency payments ...
Spotware revolutionizes mobile trading user experience with Broker OAuth
October 5th, 2022
Spotware Systems is proud to announce the release of its Broker OAuth solution, which revolutionizes the user’s experience, by allowing traders to (1) authenticate using their brokers Client Area credentials and (2) perform all actions such as KYC checks ...
Oil rises $2 as dollar eases, market wary of Fed
July 26th, 2022
Oil prices rose about $2 on Monday, bolstered by supply fears, a dip in the U.S. dollar and early strength in equity markets, but prices seesawed as some worried fuel demand could weaken if the Federal Reserve raises U.S. ...
European stocks steady as focus turns to ECB decision, earnings
April 14th, 2022
European stocks were little changed as investors focused on the corporate earnings season as well as the European Central Bank’s meeting for cues on the path of monetary policy. The Stoxx Europe 600 Index was up less than 0.1% ...