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CapitalPanda and ProfitLevel Operator Pays €170K to Settle with CySEC

The company entered into a settlement for possible regulatory violations.
The action was taken after an investigation into the operations between January 2021 and April 2022.

Wednesday, 06/07/2022 | 09:25 GMT by Arnab Shome

Executive Moves

R3 Promotes Marc Liew to Head of Ecosystem Development for APAC

He joined the company as Director of Technology Partnerships in 2018.
Liew worked for companies like PayPal and Salesworks Group Asia.

Wednesday, 06/07/2022 | 23:38 GMT by Felipe Erazo

Executive Moves

SG Veteris Hires Raul Malmstein as New Director and MLRO

He is the former chairman of the Management Board of the EFSA.
Malmstein has over 30 years of experience in the financial services sector.

Wednesday, 06/07/2022 | 21:22 GMT by Felipe Erazo

Thought Leaders

PayRetailers Participates in the World’s Leading B2B Fintech Events

PayRetailers offer targeted solutions to companies from all corners of the globe.

Wednesday, 06/07/2022 | 13:43 GMT by PayRetailers

Institutional FX

Intercontinental Exchange Total ADV for June Soared by 13%

Total financials ADV jumped 33% y/y for the period.
Total ADV for the second quarter of the year rose by 12% y/y.

Wednesday, 06/07/2022 | 19:42 GMT by Felipe Erazo

Executive Moves

Tyler Derr Becomes New Chief Technology Officer at Broadridge

He will supervise the company's global technology teams.
Derr will report directly to Tim Gokey, Broadridge's CEO.

Wednesday, 06/07/2022 | 17:23 GMT by Felipe Erazo

CryptoCurrency

Belgian FSMA Consults on How to Classify Crypto Assets

The consultation is to be wrapped up on July 31.
The EU reached a provisional agreement on MiCA last week.

Wednesday, 06/07/2022 | 16:30 GMT by Solomon Oladipupo

Op-ed

CryptoCurrency

Op-ed

NFTs, PFPs and Art: Finding the Early Gems

NFTs are well-known for art and design, but there is a distinction between PFPs and art collections.
An explosion of creativity within NFTs has created sought-after works that are a part of art history.

Wednesday, 06/07/2022 | 15:30 GMT by Sam White

Institutional FX

Tradeweb Sees 4.4% Rise in Volume in June as Q2 Ends with $72.6trn

Trading volume increased to $26.1 trillion in June.
Tradeweb reported an all-time high volume of $73.1 trillion in March.

Wednesday, 06/07/2022 | 13:48 GMT by Solomon Oladipupo

FinTech

Swiss Fintech Klarpay Gains Visa Principal Membership

Klarpay to access Visa's cross-border network.
The membership is an addition to Klarpay's Level 1 DCI PSS Certification.

Wednesday, 06/07/2022 | 12:31 GMT by Solomon Oladipupo

Thought Leaders

Unique GameFi Revolution Insights with DEA Co-CEO Kozo Yamada

DEA discusses the future of P2E gaming, and whether it will overtake standard gaming.

Tuesday, 05/07/2022 | 12:15 GMT by FM

News

SIX Digital Exchange Forms Strategic Partnership with Fireblocks

The collaboration will facilitate institutional investors.
The offering is planned to go live during the second half of 2022.

Wednesday, 06/07/2022 | 11:29 GMT by Bilal Jafar

Retail FX

eToro Is Reducing Its Global Workforce by Approximately 6 Percent

eToro said current market conditions are the reason for the layoffs.
Reports suggest eToro is holding negotiations for a new private round.

Wednesday, 06/07/2022 | 10:19 GMT by Matti Williamson

Institutional FX

CFTC Fines JPMorgan for Swap Reporting Failures

The financial services provider failed to comply with its reporting obligations as a swap dealer.
The CFTC also highlighted the importance of timely reporting of swap transactions.

Wednesday, 06/07/2022 | 10:00 GMT by Bilal Jafar

Institutional FX

Integral Ends June with a 5.2% MoM ADV Increase

The figure declined by almost 4 percent year-over-year.
Other forex trading platforms posted a recovery in June’s trading activities.

Wednesday, 06/07/2022 | 09:43 GMT by Arnab Shome

News

Active Bitcoin Addresses Drop by 13% in 7 Months

Amid the market plunge, the BTC network is struggling to retain existing addresses.
On Wednesday, Bitcoin dipped below $20,000.

Wednesday, 06/07/2022 | 08:02 GMT by Bilal Jafar

Institutional FX

OpenFin Receives Strategic Funding from ING Ventures

The financial terms of the funding are not known.
The company is now planning to accelerate the expansion of its OS.

Wednesday, 06/07/2022 | 07:00 GMT by Arnab Shome

Thought Leaders

Solving the KYC Trilemma with RecognID

Are you handling your KYC data the right way?

Tuesday, 05/07/2022 | 11:51 GMT by MD Finance

CryptoCurrency

DeFi Tokens: Another Boom or the Final Bust?

The total market cap of DeFi tokens now stands at $36 billion, compared to $175 billion in November 2021.
A massive sell-off across the DeFi market has raised concerns over the long-term value of these tokens.

Wednesday, 06/07/2022 | 06:37 GMT by Bilal Jafar

Brokers

Saxo Bank Sees Recovery in FX Demand, June Trading Volume Jumps 44% YoY

FX trading volume increased month-over-month, while overall trading slumped.
FX ADV in June came in at $6.9 billion.

Wednesday, 06/07/2022 | 06:34 GMT by Arnab Shome

Executive Moves

GCEX Expands into MENA, Hires Mehtap Önder as MD

The company received a provisional crypto license in Dubai last April.
Önder will oversee the company’s MENA operations.

Wednesday, 06/07/2022 | 06:30 GMT by Arnab Shome

Payments

High Demand for Digital Payments, 1.4 Billion People May Use Biometrics Payments by 2025

BNPL is popular among millennials and Gen Z according to a new study.
Cashless payments in Southeast Asia is expected to reach $1 trillion by 2030.

Wednesday, 06/07/2022 | 06:20 GMT by Matti Williamson

Executives

Samir Shah Becomes COO at Pantera Capital

Shah worked for over 12 years at JP Morgan.
He was an Analyst at Goldman Sachs.

Tuesday, 05/07/2022 | 21:31 GMT by Felipe Erazo

Executive Moves

Kim Ljung Andersen Joins CMC Markets as Head of Institutional Product Solutions

He worked for over 18 years at Saxo Bank.
Andersen has broad experience as a Senior Developer.

Tuesday, 05/07/2022 | 19:42 GMT by Felipe Erazo

Thought Leaders

ActivTrades Posts 2021 Revenue Results

The company has also seen an influx of new clients and an increase in trading volumes.

Tuesday, 05/07/2022 | 10:01 GMT by FM

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