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Amid the Failures, Who Is Providing Banking Services to Crypto?

Banking is available to crypto companies but there are concerns about long-term solutions.
There are reports of founders and CEOs allocating to BTC as banking instability continues.

Thursday, 30/03/2023 | 07:38 GMT by Sam White

Retail FX

Axi Expands Manchester City FC Sponsorship, Adds Women's Team

Initially, the broker inked a deal with the football club in 2020.
The financial terms of the deal are not known.

Thursday, 30/03/2023 | 06:44 GMT by Arnab Shome

CryptoCurrency

Gemini Explores to Launch Global Crypto Derivatives Trading Platform

Coinbase is considering similar options.
Growing regulatory pressure from the SEC may be a reason.

Thursday, 30/03/2023 | 06:37 GMT by Damian Chmiel

CryptoCurrency

Thailand Considers Lifting THB 300K Retail ICO Limit

The rules would increase retail investments in ICOs.
The regulator is concerned with the risks of such a move.

Thursday, 30/03/2023 | 05:33 GMT by Arnab Shome

FinTech

US Report: Credit Suisse Aided Rich Clients’ Tax Evasion in Deal Breach

The Swiss bank paid $495 million as a settlement to the US regulator last year.
Rival UBS recalled the former CEO to oversee the Credit Suisse takeover.

Wednesday, 29/03/2023 | 20:22 GMT by Solomon Oladipupo

CryptoCurrency

Crypto Exchange Beaxy Shuts Down in Wake of SEC Lawsuit

The SEC charged Beaxy and Founder for raising $8M via an unregistered offering of BXY token.
Beaxy promised it will enable customer asset withdrawals.

Wednesday, 29/03/2023 | 18:13 GMT by Solomon Oladipupo

Thought Leaders

EXCLUSIVE: ZuluTrade’s Revamped Affiliate Program Is Now Live

The Affiliate Portal brings a series of new and head-turning benefits for Affiliates.

Wednesday, 29/03/2023 | 09:55 GMT by FM

Institutional FX

European Regulator Slammed 225 Securities Issuers in 2022

Issuers' biggest failing relates to accounting for financial instruments, ESMA says.
The regulator examined 640 IFRS-compliant financial statements in 2022.

Wednesday, 29/03/2023 | 14:04 GMT by Solomon Oladipupo

Payments

Digital Payment Options for e-Commerce

The payments landscape is changing.

Wednesday, 29/03/2023 | 12:27 GMT by Finance Magnates Staff

CryptoCurrency

Kraken Crypto Exchange Sponsors Williams Racing F1 Team

The Kraken logo will appear on the FW45 car halo and rear wing.
Additionally, the Williams' car will present KrakenNFT digital art collectibles.

Wednesday, 29/03/2023 | 11:58 GMT by Damian Chmiel

CryptoCurrency

Russia Indefinitely Delays Digital Ruble Pilot

The digital ruble pilot was scheduled to start on April 1.
13 Russian banks confirmed technical readiness to participate in the program.

Wednesday, 29/03/2023 | 10:52 GMT by Arnab Shome

CryptoCurrency

Galaxy Digital Turns $1.7b Net Income from 2021 to $1b Loss in 2022

The drop in Bitcoin's price has taken its toll on financial results.
However, 2023 began with positive changes in the market dynamics.

Wednesday, 29/03/2023 | 09:47 GMT by Damian Chmiel

Retail FX

News Nuggets | 29 March: OpenFin Adds Dow Jones; Quantile Taps SwapAgent FX

Also Nasdaq, Cboe Australia, and Signature Bank.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.

Wednesday, 29/03/2023 | 09:44 GMT by Finance Magnates Staff

Thought Leaders

Global Banking Crisis, Inflation, and Interest Rates: What Happens Next?

Are we headed for quantitative easing and will we see rates drop and lending ease?

Tuesday, 28/03/2023 | 10:39 GMT by FM

Retail FX

UP Fintech Reports 2022 Revenue of $225M and Third Profitable Year in a Row

The company's CEO said Fed interest rate hikes boosted overall results.
The company closed a third profitable year in a row.

Wednesday, 29/03/2023 | 09:02 GMT by Damian Chmiel

Institutional FX

Cboe Australia Enhances Offering with Technology Migration

Cboe acquired Chi-X and rebranded it to Cboe Australia.
The migration was completed with an 18-month integration effort.

Wednesday, 29/03/2023 | 08:24 GMT by Arnab Shome

FM-Events

FMAS:23 Collaborating with FinancialMarkets.media in Latest Partnership

The two companies will be collaborating ahead of FMAS:23.

Wednesday, 29/03/2023 | 08:21 GMT by Finance Magnates Staff

Executive Moves

Scope Markets Promotes James Hughes, Names Two More New Hires

Rostro is changing the management of Scope Markets with promotions and hiring.
The broker also plans for an expansion in the Middle East and Asia.

Wednesday, 29/03/2023 | 07:36 GMT by Arnab Shome

Executives

Ex-UBS CEO Is Back after 2 Years to Lead the Credit Suisse Takeover

Ermotti replaces Hamers and returns after a two-year break.
Hamers embraced the change and wanted to "serve the interests of the new combination."

Wednesday, 29/03/2023 | 06:46 GMT by Damian Chmiel

CryptoCurrency

Signature Bank's Crypto Depositors Get April 5 Account Closure Deadline

They must find a new banking partner, or the accounts will be automatically closed.
Flagstar Bank did not acquire Signature's business with crypto firms.

Wednesday, 29/03/2023 | 05:57 GMT by Arnab Shome

Thought Leaders

Fxview Puts Technology Enablement into Perspective

Fxview’s low latency technology facilitates lightning-fast trade execution.

Monday, 27/03/2023 | 08:24 GMT by FM

FinTech

Apple Introduces Apple Pay Later to US Market

The tech giant taps Mastercard and Goldman Sachs for the BNPL product.
Apple started testing the pre-release version with select users on Tuesday.

Tuesday, 28/03/2023 | 20:42 GMT by Solomon Oladipupo

CryptoCurrency

Sam Bankman-Fried Hit with Additional $40M Chinese Bribery Charge

The bribery is allegedly linked to Alameda Research's trading accounts.
Bankman-Fried already faces allegations of wire, bank and securities fraud, among others.

Tuesday, 28/03/2023 | 18:28 GMT by Solomon Oladipupo

Op-ed

Retail FX

Op-ed

The Hunt for the Perfect FX Platform

Retail traders are price-sensitive but realise execution costs are not everything.
Copy trading loses its appeal.

Tuesday, 28/03/2023 | 13:54 GMT by Paul Golden

Institutional FX

Devaluation Eats 18% into Cypriot Investment Managers’ AUM in 2022

CySEC also attributed the decrease to redemptions of shares and asset disposals.
The drop came despite the increase in investment firms during the third quarter.

Tuesday, 28/03/2023 | 13:22 GMT by Solomon Oladipupo

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