French Senate proposal would allow influencers to promote cryptocurrency
The Senate’s proposal comes just months after the National Assembly floated legislation banning influencer advertising for crypto products and services.
The Fed has little ammo left as $30K Bitcoin price becomes key battle line
BTC options and futures markets show no use of excessive leverage from buyers, a healthy indicator as the $28,000 support gets retested.
Robert Kennedy Jr. condemns Biden’s proposed 30% Bitcoin mining tax
Presidential hopeful Robert F. Kennedy Jr. on May 3 condemned a 30% crypto mining tax proposed by the Biden administration and responded to concerns around crypto. Kennedy says crypto regulation is a power grab Kennedy, who is running in the 2024 U.S. presidential elections, said in a thread on Twitter: “Cryptocurrencies, led by Bitcoin, along with other crypto technologies are […]
TP ICAP and Liquidnet to Increase Block Liquidity in European SMEs
Liquidnet, a technology-driven agency execution specialist, announced on Wednesday that it has partnered with a brokerage company, TP ICAP Midcap, which specializes in the European Small and Mid-Caps (SMEs) sector. Due to the newest partnership, both companies want to boost the block liquidity opportunities for local SMEs using their client network, broad expertise, and technology.TP ICAP Midcap and Liquidnet Join […]
Japan’s Monex Group Sees 474% Income Uptick in Q4
Japan’s Monex Group published its final results for the fiscal year of 2023, reporting a decrease in revenue and profitability in annual figures. In the last three months of the fiscal year, the financial services conglomerate brought in a pre-tax income of JPY 2.2 billion, which is an uptick of 474 percent. Monex’s Quarterly Numbers Increased According to the official […]
News Nuggets | 27 April: LSEG and Deutsche Bank Results; Crypto in Hong Kong
TopFX’s Head of Marketing Resigns after Nearly Six YearsMaria Meramveliotaki, the Head of Marketing at TOPFX, has given up her role at the Cyprus-based retail and institutional brokerage firm after five years and eight months of service. Meramveliotaki, who joined TopFX as a Senior Content Writer in September 2017, announced her departure on Thursday through LinkedIn.“After five and a half […]
Swiss Broker Dukascopy’s Profit Surges 200% to Second-Highest in History
Dukascopy Bank, a Swiss retail forex and CFDs brokerage and retail banking provider, released its annual report for the financial year 2022 on Thursday, reporting the second-highest profit in the group’s history. The firm’s net profit skyrocketed 207% to CHF 6.4 million, which is up from CHF 2.1 million in 2021. Dukascopy Generates Profit across BoardHowever, the figure is below […]
South African CEO to Pay $3.4 Billion for Forex Fraud
A federal court in the United States has ordered Cornelius Johannes Steynberg, the South African CEO behind a $1.7 billion retail forex and commodity pool fraud, to pay a total of $3.4 billion. The amount comprises $1.7 billion in restitution payment to investors defrauded of about 30,000 Bitcoin (BTC) and another $1.7 billion in civil monetary penalty.Court Awards Record Penalty […]
New Xumm Partnership Allows Users To Buy & Sell XRP With 40+ Fiat Currencies
The partnership with Guardarian gives Xumm users more options to pick from when buying XRP with their fiat or selling XRP for fiat. Xumm, a leading self-custodial XRP Ledger (XRPL) wallet, has partnered with Guardarian, a non-custodial fiat on/off-ramp provider, to allow users seamlessly buy XRP with 40 fiat currencies and also easily sell their […] The post New Xumm […]
Here’s Why Bitcoin’s Price May Not Reach $30,000-Will FOMC Offer Require a Boost?
The post Here’s Why Bitcoin’s Price May Not Reach $30,000-Will FOMC Offer Require a Boost? appeared first on Coinpedia Fintech News The Bitcoin price is undergoing a pretty rigid phase […]