Search Results for: assets
Global Housing Bubble Is Popping. Here Comes The “Reverse Wealth Effect”
August 10th, 2018
Just a few months ago, real estate was on fire. Prices were blowing past records set during the previous decade’s housing bubble as desperate buyers bought whatever was available at above the asking price while homeowners, confident that prices ...
Intercontinental Exchange plans to launch a bitcoin exchange
August 6th, 2018
Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges, clearing houses, data and listings services, announced that it plans to form a new company, Bakkt, which intends to leverage Microsoft cloud solutions to create an open and regulated, global ...
Virtual currencies spark real concern about national security threat
July 31st, 2018
U.S. government officials are increasingly worried about the potential national security threat posed by the rise of cryptocurrencies. In the past week, the Department of Justice, congressional lawmakers and even Federal Reserve Chairman Jerome Powell have voiced concern about ...
Beware of unauthorised investment and financial services providers
July 31st, 2018
Financial Regulators around the world issued warnings to inform investors and public for companies and websites that are offering investment, financial and insurance services without the required authorisation. The latest warnings are coming from the the supervisory authorities of ...
Ex-Head of Volkswagen suspected of tax evasion in Germany – Reports
July 31st, 2018
The prosecutors of the German city of Braunschweig are suspecting former head of Volkswagen AG Martin Winterkorn of tax evasion, local media reported on Sunday. The investigation began in 2017 in Munich, when a staff member at Sparda bank ...
Russia’s gold reserves approaching record as Moscow is striving to escape from US dollar hegemony
July 30th, 2018
With 2,000 tons of gold in reserves, Russia’s bullion holdings are approaching the Soviet peak seen in 1941. Moscow is striving for financial independence and escape from US dollar hegemony, analysts told RT. “Some countries in the world want ...
Emerging currency traders are being kept on their toes
July 30th, 2018
Emerging-market foreign-exchange traders are being kept on their toes even as their counterparts dealing in developed currencies might be struggling to stay awake amid the lull of the northern summer. Implied volatility on emerging-market currencies has surged and ...
Dollar slides against emerging market currencies
July 26th, 2018
The dollar fell against emerging market currencies Wednesday as investors awaited a meeting between President Donald Trump and European Commission President Jean-Claude Juncker. The dollar was recently down 1% against the Brazilian real and lost 1.2% against the Turkish ...
Beware: Supervisory authorities around the world issued investor protection warnings
July 25th, 2018
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Spain (Comisión Nacional del Mercado de Valores – Cnmv), Austria (Financial Market Authority – FMA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), France (Authorité des Marchés ...
CFTC announced $1.9 Million penalty for Bitcoin and Binary options fraud scheme
July 25th, 2018
On July 9, 2018, a New York federal court ordered Dillon Michael Dean (Dean) of Longmont, Colorado, and The Entrepreneurs Headquarters Limited (TEH), Dean’s UK-registered company, to pay over $1.9 million in civil monetary penalties and restitution in connection ...
