Search Results for: assets
FCA becomes AML and CTF supervisor of UK cryptoasset activities
January 14th, 2020
The Financial Conduct Authority (FCA) in UK has issued an announcement to inform that the FCA is now the anti-money laundering and counter terrorist financing (AML/CTF) supervisor for businesses carrying out certain cryptoasset activities under the amended Money Laundering, ...
UPDATE: Crude oil prices rise
January 8th, 2020
Oil prices have risen after two bases hosting US troops in Iraq were hit by ballistic missiles. Brent crude was up by 1.4% at $69.21 per barrel in the middle of the Asian trade, easing back from earlier gains. ...
Signs Of A 2020 Top: “Buyers Return to Riskiest Junk Bonds”
December 30th, 2019
If you’re managing money and need positive results in the year ahead, you’re in a tough spot. Stocks are at levels that in the past have preceded cycle-ending crashes while high-grade bonds yield virtually nothing but could easily produce ...
Gold prices edge higher on softer dollar; Silver, Platinum poised for best week
December 27th, 2019
Gold prices rose slightly to their highest in nearly two months on Friday, heading for their best week in more than four months, as the dollar eased and investors hedged against risks ahead of the year-end. Spot gold hit ...
European shares set to drift lower on growth concerns
November 14th, 2019
European stocks may drift lower at open on Thursday as weaker-than-expected economic data from China and Japan stoked worries that a global slowdown is deepening. China reported unexpectedly weak data, with industrial output and retail sales growth coming in ...
Russia plans another move out of Dollar, into Euro, Yuan
November 13th, 2019
Russia is planning to cut the dollar’s share in its $125 billion sovereign-wealth fund, following a major move last year out of U.S. assets by the central bank. “Geopolitical risks are one of the key factors for changing the ...
Company to pay millions in penalty for unregistered initial coin offering
October 8th, 2019
The Securities and Exchange Commission announced settled charges against blockchain technology company Block.one for conducting an unregistered initial coin offering of digital tokens (ICO) that raised the equivalent of several billion dollars over approximately one year. The company agreed ...
Enforcement actions against two affiliate marketers for Binary options fraud
October 8th, 2019
The U.S. Commodity Futures Trading Commission today that it filed a pair of enforcement actions against two affiliate marketers, David Sechovich and Peter Szatmari for creating and disseminating millions of fraudulent solicitations to open and fund retail binary options ...
The world’s most-used cryptocurrency isn’t Bitcoin
October 4th, 2019
What’s the world’s most widely used cryptocurrency? If you think it’s Bitcoin, which accounts for about 70% of all the digital-asset world’s market value, you’re probably wrong. While concrete figures on trading volumes are hard to come by in ...
An Inflationary Depression
October 4th, 2019
Financial markets are ignoring bearish developments in international trade, which coincide with the end of a long expansionary phase for credit. Both empirical evidence from the one occasion these conditions existed in the past and reasoned theory suggest ...
