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Tag: Forex news

Forex Trading News 0

LCG UK Narrows Losses in 2021 despite 86% Revenue Decline

<p>London Capital Group Limited, owned by Charles Henri Sabet who controlled Swiss firm <a href=”https://www.financemagnates.com/cryptocurrency/news/coinshares-invests-in-switzerland-based-flowbank/” target=”_blank” rel=”follow”>Flowbank</a>, ended the financial year 2021 ended on 31 December with revenue of more than £1.58 million, which is 86 percent lower than the previous year, the latest Companies House filing revealed.</p><p>LCG Narrows Losses Significantly</p><p>Operating under the trade name LCG, the company generated £1.09 […]

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Blockchain and Cryptocurrency News 0

Huobi to Launch Huobi Hong Kong Crypto Exchange amid Regulatory Update

<p>Huobi, a major crypto <a href=”https://www.financemagnates.com/terms/e/exchange/” class=”terms__main-term” id=”b5da6e64-2afe-421d-9b81-16404b7d59d6″ target=”_blank”>exchange</a> founded in China, has revealed its plans to obtain regulatory approval in Hong Kong to provide digital asset trading services in the Chinese special administrative region. The decision came just a day after the local Securities and Futures Commission (SFC) announced it is considering changes in its <a href=”https://www.financemagnates.com/cryptocurrency/hong-kong-set-to-legalize-crypto/” target=”_blank” rel=”follow”>current […]

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Blockchain and Cryptocurrency News 0

Huobi to Launch Huobi Hong Kong Crypto Exchange Amid Regulatory Update

<p>Huobi, a major crypto <a href=”https://www.financemagnates.com/terms/e/exchange/” class=”terms__main-term” id=”b5da6e64-2afe-421d-9b81-16404b7d59d6″ target=”_blank”>exchange</a> founded in China, has revealed its plans to obtain regulatory approval in Hong Kong to provide digital asset trading services in the Chinese special administrative region. The decision came just a day after the local Securities and Futures Commission (SFC) announced it is considering changes in its <a href=”https://www.financemagnates.com/cryptocurrency/hong-kong-set-to-legalize-crypto/” target=”_blank” rel=”follow”>current […]

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Blockchain and Cryptocurrency News 0

Huobi to Launch Huobi Hong Kong Crypto Exchange Amid Regulatory Update

<p>Huobi, a major crypto <a href=”https://www.financemagnates.com/terms/e/exchange/” class=”terms__main-term” id=”b5da6e64-2afe-421d-9b81-16404b7d59d6″ target=”_blank”>exchange</a> founded in China, has revealed its plans to obtain regulatory approval in Hong Kong to provide digital asset trading services in the Chinese special administrative region. The decision came just a day after the local Securities and Futures Commission (SFC) announced it is considering changes in its <a href=”https://www.financemagnates.com/cryptocurrency/hong-kong-set-to-legalize-crypto/” target=”_blank” rel=”follow”>current […]

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Forex Trading News 0

UEFA Seeks Sponsor Bids from FX/CFDs Brokers and Crypto Firms

<p>The Union of European Football Associations, or UEFA, invites companies from the financial services category, including brokers and cryptocurrency firms, to submit their interest in <a href=”https://www.financemagnates.com/tag/sports-sponsorship/” target=”_blank” rel=”follow”>acquiring sponsorship rights packages</a> before 6 March.</p><p>UEFA Seeking Sports Sponsorship Bids </p><p>As reported by Sports Business, the UEFA has currently opened the application only for Europa League and Europa Conference League, its […]

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Forex Trading News 0

Is B2B Forex Fraud on the Rise in 2023?

<p>Business-to-business forex fraud is on the rise, with companies losing millions of dollars to scammers each year. Forex fraud is a type of financial fraud in which the foreign exchange market is manipulated.</p><p>In this article, we’ll look at why B2B forex fraud is on the rise and what companies can do to protect themselves. </p><p>The forex market’s global scope</p><p>The forex […]

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Forex Trading News 0

Deutsche Bank’s ‘Project Teal’ Probe on FX Mis-Selling to End after 3 Years

<p>The European Central Bank (ECB) and BaFin, the financial supervisor from Germany, have both expressed their dissatisfaction over the actions of employees at Deutsche Bank, the country’s largest lender, who mis-sold foreign <a href=”https://www.financemagnates.com/terms/e/exchange/” class=”terms__main-term” id=”b5da6e64-2afe-421d-9b81-16404b7d59d6″ target=”_blank”>exchange</a> (FX) instruments to make large profits.</p><p>Deutsche Banks May Face a Fine over Project Teal</p><p>According to the Financial Times (FT) report, which quotes people […]

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Blockchain and Cryptocurrency News 0

Hong Kong’s SFC Consults on Allowing Retail Traders to Trade Crypto

<p>Hong Kong’s Securities and Futures Commission (<a href=”https://www.financemagnates.com/tag/sfc/” target=”_blank” rel=”follow”>SFC</a>) announced the launch of public consultation on Monday regarding regulating trading platforms for <a href=”https://www.financemagnates.com/terms/c/cryptocurrencies/” class=”terms__main-term” id=”b091101e-6e02-4b36-aa0e-7c972dfdd6ed” target=”_blank”>cryptocurrencies</a> and digital assets. Interested parties can submit their comments until 31 March 2023.</p><p>Hong Kong Opens Crypto Regulation Consultation Period</p><p>Starting from 1 June 2023, any centralized virtual asset trading platform that conducts business […]

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Blockchain and Cryptocurrency News 0

Hong Kong’s SFC Consults on Allowing Retail Traders to Trade Crypto

<p>Hong Kong’s Securities and Futures Commission (<a href=”https://www.financemagnates.com/tag/sfc/” target=”_blank” rel=”follow”>SFC</a>) announced the launch of public consultation on Monday regarding regulating trading platforms for <a href=”https://www.financemagnates.com/terms/c/cryptocurrencies/” class=”terms__main-term” id=”b091101e-6e02-4b36-aa0e-7c972dfdd6ed” target=”_blank”>cryptocurrencies</a> and digital assets. Interested parties can submit their comments until 31 March 2023.</p><p>Hong Kong Opens Crypto Regulation Consultation Period</p><p>Starting from 1 June 2023, any centralized virtual asset trading platform that conducts business […]

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Blockchain and Cryptocurrency News 0

Hong Kong’s SFC Consults on Allowing Retail Traders to Trade Crypto

<p>Hong Kong’s Securities and Futures Commission (<a href=”https://www.financemagnates.com/tag/sfc/” target=”_blank” rel=”follow”>SFC</a>) announced the launch of public consultation on Monday regarding regulating trading platforms for <a href=”https://www.financemagnates.com/terms/c/cryptocurrencies/” class=”terms__main-term” id=”b091101e-6e02-4b36-aa0e-7c972dfdd6ed” target=”_blank”>cryptocurrencies</a> and digital assets. Interested parties can submit their comments until 31 March 2023.</p><p>Hong Kong Opens Crypto Regulation Consultation Period</p><p>Starting from 1 June 2023, any centralized virtual asset trading platform that conducts business […]

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