Swiss financial markets infrastructure operator SIX announced today that UBS, as a new research partner, and Finanz und Wirtschaft newspaper, as a new factsheet provider, have both joined the Swiss Stock Exchange’s Stage Program to raise visibility for listed SMEs. Baader Helvea and Zürcher Kantonalbank, both established partners for the Stage Program, will continue as research partners. Launched in September […]
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First Derivatives plc, a financial software and consulting company, announced this Thursday that it has appointed Ayman Sayed as a Non-Executive Director of the Group, which became effective on Wednesday the 1st of July 2020. According to a statement filed today through the London Stock Exchange (LSE), First Derivatives made the appointment to its Board to support its strategy to […]
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The legal counsel of the Commodity Futures and Trading Commission (CFTC) has requested that the United States District Court for the Eastern District of New York enter default against Daniel Winston LaMarco and his company, GDLogix Inc., which have been charged with off-exchange foreign currency derivatives (forex) fraud. In a document seen by Finance Magnates and dated on the 1st […]
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Public Mint launched its ‘fiat-native’ public blockchain on July 1 following two years of development. The platform comprises a blockchain for the tokenization of fiat currencies that are held in the accounts of insured and regulated fiat custodians — essentially comprising a stablecoin backed by a network of banks. Public Mint claims to have already partnered with a network of […]
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HSBC Holdings plc recently announced that it has appointed Eileen K Murray as an independent non-executive Director of the Company, effective from Wednesday the 1st of July, 2020. In addition to being an independent Director of HSBC, Murray has also been named as a member of the Group Audit Committee, Group Risk Committee and the Nomination & Corporate Governance Committee. […]
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A report released by major crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility. In the report published on June 30, the exchange explained that its Binance Sentry risk investigation service observed reports of fraudulent investment schemes promising quick or exponential returns on cryptocurrency investments. The frauds do not just concern crypto but also forex, binary […]
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As Bitcoin continues trading sideways within a trading range between $9,000 and $10,000, investors are busy at work speculating as to what could help fuel a further price rise for the benchmark digital asset. Now, one strategist is noting that the crypto could soon see a massive influx of new capital from retail traders – and particularly those trading on […]
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Kazakhstan officials revealed the nation’s digital currency development plan to experts from Russia and China at “2020 Astana Online Financial Day”. According to the China Ministry of Commerce on July 1, Kazakhstan plans to double its digital currency mining investment by the end of this year, and continues to develop its central bank digital currency. According to the report, Kazakhstan’s […]
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Cryptography firm Bolt Labs has launched a private payment solution, zkChannels, on Tezos. The startup is now working with Tezos developer groups Nomadic Labs and Metastate to implement the tech in the next network update. Similar to the Lightning Network, zkChannels is a payment channel for blockchains but with zero-knowledge proofs attached. A current problem with Lightning – a payment […]
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