OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
CFTC Orders Former Virtual Currency Trader to Pay…
Washington, DC — The Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against Joseph Kim (Kim), of Phoenix, Arizona, requiring Kim to pay more than $1.1 million for a fraudulent Bitcoin and Litecoin…
Huobi’s U.S. Strategic Partner Appoints Chief Compliance Officer
HBUS, the U.S. strategic partner of cryptocurrency exchange Huobi, has appointed Megan Monroe-Coleman as Chief Compliance Officer, where she will be responsible for U.S. compliance functions and implementing a comprehensive framework for regulatory compliance and…
MyCrypto Raises $4m to Build Gateway for Cryptocurrency…
[caption id="attachment_315671" align="alignleft" width="189"] Olaf Carlson-Wee, Founder & CEO of Polychain Capital[/caption] MyCrypto, an open-source interface that simplifies the process of storing, sending, and receiving digital assets, has raised $4 million in a Series A…
Rakuten Acquires Everybody’s Bitcoin Exchange for $2.4 Million
Japanese online empire Rakuten, parent company of Rakuten Securities, has acquired cryptocurrency exchange Everybody's Bitcoin through its subsidiary Rakuten Card. The deal, valued at 265 million yen, or $2.4 million, is set to go through…
AlphaPoint Appoints Srikant Manda as its First Chief…
[caption id="attachment_314286" align="alignleft" width="169"] Srikant “Sri” Manda, AlphaPoint Chief Information Security Officer[/caption] AlphaPoint, global blockchain company and the provider white-label cryptocurrency exchange platform has announced the appointment of experienced cyber security expert Srikant “Sri” Manda as…
Increased Volatility Helps Fx Brokerage and Exchanges to…
Assisted by the increase in volatility of the Fx market in the month of June, foreign exchange trading venues and exchanges across the world managed to post some healthy operational metrics. After two months of…
CySec: Introduction of new rules governing derivatives on…
A. INTRODUCTION Further to the European Securities and Markets Authority’s (“ESMA”) decision on 27 March 2018 to include Contracts For Differences (“CFDs”) on virtual currencies into the scope of its product intervention measures, CFDs on virtual…
BaFin publishes advisory letter on the classification of…
For some time now, BaFin has been receiving an increasing number of queries enquiring whether tokens and virtual currencies (referred to as ”tokens“) marketed to investors in initial coin offerings (ICO's) are considered to be financial instruments.…