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Cryptocurrency CFDs are now a must-have feature for all online retail brokers in order to retain clients judging by the scope of the industry that is adding the instrument. The international brokerage ADS securities is now offering five different cryptocurrencies to its traders. Also Read: Bitcoin Mules Flood China as OTC Cryptocurrency Trading Flourishes ADS … Read more
Leading Danish bank, Danske Bank, has published a document announcing that the company does not wish to “support the investment environment surrounding cryptocurrencies.” Danske bank will “phase out the possibility of” its customers purchasing financial instruments comprising cryptocurrency derivatives. Despite the bank’s concerns pertaining to the risks associated with cryptocurrencies, Danske customers will still be … Read more
The violent crypto bear trend of 2018 has proved too much for many cryptocurrency hedge funds. The average performance of crypto funds has been a loss of over 20% so far this year, with at least nine crypto hedge funds having been reported to have ceased operations. Also Read: Markets Update: Cryptocurrency Prices See Some Slight … Read more
Big players in the cryptocurrency space have set up their own private network for OTC trading, buying and selling billions every month among their little club. And instead of using Bloomberg, Symphony or anything of that caliber usually employed by traders on Wall Street, they just Skype it. Also Read: Chinese Engineer Arrested for Stealing 100 Bitcoin … Read more
Who better to learn about Fintech from than NASAA President and Director of the Alabama Securities Commission Joseph Borg? I sat down with Joe for a lengthy discussion about what millennials and baby boomers need to know about the fintech space. 1. Technology Outruns Regulation, Always “The crossroads between financial services and technology, a la fintech, is the … Read more
It is evident there are still a fair few countries which want to create their own cryptocurrency at some point. In the case of China, such a currency has been hinted at for quite some time now, and it seems the rumor mill is still churning at full strength. According to Reuters, the Petro-Yuan will … Read more
Gazprombank, one of Russia’s largest financial institutions, is planning to perform some cryptocurrency deals by the end of the year. According to one of its top managers, the bank is responding to demand from “substantial clients”. The pilot transactions will be conducted through its subsidiary in Switzerland. Also read: New Bill Aims to Allow Crypto … Read more
TMX Group, the operator of the Toronto Stock Exchange, has announced it’s launching a cryptocurrency brokerage platform. The service will be offered through its Shorcan Digital Currency Network subsidiary and focused on bitcoin and ethereum. The project will be implemented in partnership with the local fintech startup Paycase Financial Corp. Also read: Israeli Crypto Companies … Read more
Jack Dorsey, the brains behind Twitter and Square, has once again expressed his support for cryptocurrencies. In his most recent interview, Dorsey predicted that Bitcoin will be the only currency used for internet transactions in the coming 5-10 years. Speaking with British publication The Times, Dorsey said that even with the value slump that Bitcoin … Read more
A look inside Thailand’s battle to regulate crypto and ICO #ANALYSIS Go to Source Powered by WPeMatico
