Bloomberg Acquires Regulatory Reporting Specialist RegTek.Solutions
Bloomberg has acquired RegTek.Solutions to expand the range of services offered by Bloomberg across multiple jurisdictions around the world.
Rick Steves
Senior Reporter, Regulation and Fintech
Rick Steves has seen business and economics through many lenses. He joined the financial services industry in 2009, and has been a financial journalist since 2011. He holds a degree in Business Administration and has experience producing real-time news, from both buy-side and sell-side, as well as for retail traders, brokers and service providers. Steves' work has appeared in a variety of online publications including FX Street, NewsBTC, FinanceFeeds, and The Industry Spread. Rick has great interest in the dynamics of the trading industry. The never-ending clash between technology, economics, regulation, and more importantly, the people.
August 2019
tZERO’s Security Token Now Available for Non-Accredited Investors
tZERO's equity security tokens (TZROP), which were issued in a private placement in August 2018, are now available to be resold to non-accredited investors.
SBI Virtual Currencies Deploys CoolBitX’s Security Solution
SBI Holdings launched SBI Virtual Currencies, designed to be a reliable exchange for both its institutional customers and individual digital asset buyers.
FairFX Acquires HermexFX from FXPro for £2 Million
FairFX has acquired the international payments business of HermexFX from FXPro Group for a total consideration of £2 million.
tZERO Granted Patent Over Disruptive New Blockchain Innovation
The technology allows tZERO to verify the existence of previous trades and simultaneously produces an auditable and immutable record of those transactions.
Bahamas Exchange Adds Lydda as Broker-Dealer, Lists Government Securities
Lydda Capital Limited has been granted a BISX Broker-Dealer Member license from the Bahamas International Securities Exchange (BISX).
Cboe Announces Discounted Rates for Small Retail Brokers
Cboe Global Markets has launched a new Small Retail Brokers Distribution Program targeted at small broker-dealers to 5,000 individual investors.
BCS Global Markets Appoints New Prime Services Sales Director
BCS Global Markets has appointed Andrew Richards as Prime Services Sales Director based in London to support Russian market maker's expansion.
LSEG to Acquire Refinitiv for $27 Billion Ahead of Brexit
LSEG has reached an agreement with Refinitiv's shareholders to acquire the business in an all-share transaction for a total value of approx US$27 billion.
BCB Group Goes Live With Corda-Based Digital Asset Shared Ledger for Institutions
BCB Group has gone live with DASL which mitigates the business risks involved when handling digital assets, including cryptocurrencies.
US Crypto Exchange Kraken Acquires Reconciliation Platform Interchange
Kraken, a leading US-based cryptocurrency exchange founded in 2011, has acquired Interchange, a provider of best-in-class tools for institutional traders.
Crypto App Aximetria Obtains Swiss Intermediary License
Aximetria starts operating as a crypto financial intermediary under Swiss AML Act, with streamlining processing of new customers into its ecosystem.
Huobi Joins Circle, Coinbase, R3, Archax in Global Digital Finance
Huobi has joined GDF as a Patron Member and will join Advisory Council, alongside Circle, Coinbase, ConsenSys, R3, 11:FS, Archax, CryptoCompare, and Metaco.
Bitstamp Partners with BCB Group to Offer GBP Service
Bitstamp and BCB Group have partnered to enable investors from the UK to transfer GBP directly to and from their Bitstamp accounts.
July 2019
eToro Launches Portfolio for $100 Billion Drone Market
eToro announced launch of its latest portfolio, offering retail clients globally a chance to invest in technological development of drones and used cases.
Also filing this week: Karthik Subramanian and Abdelaziz Fathi.