Search Results for: regulators
EQT acquires Saxo Payments Banking Circle from Saxo Bank
July 9th, 2018
EQT VIII and EQT Ventures, in partnership with Saxo Payments Banking Circle’s founders and other co-investors, to acquire Saxo Payments Banking Circle Saxo Payments Banking Circle’s unique banking platform enables cross-border payments with reduced complexity, time and cost EQT ...
EU released a report on Virtual Currencies and their future
July 6th, 2018
The Policy Department for Economic, Scientific and Quality of Life Policies has issued the report “Virtual currencies and central banks monetary policy: challenges ahead”. According the report, Virtual currencies are a contemporary form of private money. Thanks to their ...
Closet index funds: The AMF proposes an alternative approach to those currently used in Europe
July 5th, 2018
The Autorité des marchés financiers (AMF) analysed nearly 800 French funds using a method based on fund return and market data, which enables more funds to be examined than was previously possible. This approach does not relieve the regulator ...
Over 800 cryptocurrencies are now dead as bitcoin is 70 percent off its record high
July 3rd, 2018
Cryptocurrency projects have been popping up left, right and center in the past 18 months, but over 800 of those are now dead, adding to comparisons between the current digital coin market and the dotcom bubble in 2000. New ...
Investors warnings to avoid unathorized financial services firms
June 28th, 2018
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Sweden (Finansinspektionen), Austria (Financial Market Authority – FMA), Spain (Comisión Nacional del Mercado de Valores – CNMV), Hong Kong ...
Bitcoin price manipulation puts trust in cryptocurrencies at risk
June 27th, 2018
Cryptocurrencies like bitcoin have grown in popularity in large part because they can be bought and sold without a government or other third party overseeing everything. But there’s a flipside: Unlike in markets for other assets such as stocks ...
Bitcoin falls below $6,000 but crypto trader says it’s ‘not dead’
June 25th, 2018
Bitcoin fell below $6,000 on Friday, but bitcoin bull Brian Kelly told CNBC that the popular cryptocurrency is “not dead.” “This is not the funeral for bitcoin whatsoever,” Brian Kelly, founder and CEO of BKCM LLC, an investment firm ...
Deutsche Bank spends $17 billion in a decade on legal costs
June 25th, 2018
Despite spending $17 billion, the bank still has five of its biggest cases outstanding and has set aside $2.9 billion for litigation provision in the first quarter. German’s Deutsche Bank has spent more than $17 billion over the past ...
Cryptocurrency tether used to boost bitcoin prices, study finds
June 18th, 2018
There is evidence that tether, a digital currency pegged to the U.S. dollar, may have been used to manipulate the price of bitcoin BTC and other cryptocurrencies, according to a research paper released by the University of Texas on ...
ESMA reports on penalties and supervisory measures under EMIR
June 15th, 2018
The European Securities and Markets Authority (ESMA) has issued its first annual report regarding supervisory measures carried out and penalties imposed by national competent authorities (NCAs) under the European Market Infrastructure Regulation (EMIR). The report focuses in particular on ...
