<p>The European Union's financial markets regulator has released its annual report on the costs and performance of key retail investment products, finding a general decline in expenses but ongoing disparities across member states.</p><p>The European Securities and Markets Authority (ESMA) <a href="https://www.esma.eur
Blogs
Investor Alert: CySEC Flags 12 Unlicensed Investment Websites
<p>The Cyprus Securities and Exchange Commission (CySEC) has warned investors regarding several unlicensed websites promoting investment services. This is already the third enforcement action taken by the regulator this month.</p><p>CySEC Exposes Unlicensed Investment Websites</p><p>According to the <a href="ht
Crypto in Commerce: Study Reveals 60 Retail Titans Embracing Digital Currency
<p>In a study conducted by the crypto tax software CoinLedger, the landscape of cryptocurrency payments has been unveiled, shedding light on the sectors that have embraced digital currencies as a viable method of transaction. With more than 300 major companies under scrutiny, the Retail and E-commerce sector emerged as the frontrunner, boasti
Marina Ilina was included in the Forbes Cyprus 20 Women in Tech Awards List
<p>On 8 December, the 20 Women in Tech Awards ceremony was held at The Future of Fintech Summit, organized for the first time by Forbes Cyprus. Marina Ilina, CEO of <a href="https://pin-up.global">PIN-UP Global</a>, was among the winners.</p><p>The event was held to emphasize women’s contribution to technolog
Expanding Institutional Access: DeFinity Markets and One Trading Collaborate
<p>To broaden liquidity access for eligible institutions, DeFinity Markets, powered by DMALINK, and One Trading, a European Union-based crypto trading exchange, have announced a strategic partnership. This collaboration aims to establish the most expansive custody-agnostic institutional digital assets and fiat rails in the region.</p>&l
Tawasal, Noor Capital Partner for Middle East Online Trading Services
<p>The UAE-based Tawasal SuperApp and financial services provider Noor Capital have partnered to offer integrated online trading services for Middle Eastern traders. This collaboration will allow Tawasal users access to real-time financial data and the ability to trade in global markets directly within the SuperApp.</p><p>Tawasal
Exclusive: Zenfinex Group Secures $15 Million to Propel Proprietary Tech
<p dir="ltr">The Zenfinex Group, which recently rebranded its retail division to Taurex, and closed its Series B funding round, raising $15 million, Finance Magnates learned exclusively. Oscar Hilt Tatum IV, an existing investor in the company, led the funding round.</p><p dir="ltr">A Boost to the Proprietary T
FTX Files Plan to Return Billions of Dollars to Creditors
<p dir="ltr">The bankruptcy estate of FTX Trading Ltd, led by the CEO, John Ray III, and the lawyers of Sullivan & Cromwell, has submitted an amended reorganization plan for the distribution claims of the customers and creditors.</p><p dir="ltr">FTX Moves to End Its Bankruptcy</p><p dir="l
Golden Oldies to Drive US Economy
<p>Bid farewell to the traditional concept of retirement; older workers are rewriting the script. The silver generation, now 65 and beyond, is still dominating the workforce, and are set to command almost 60% of the labor force growth in the coming decade. Forget the rocking chair—these seniors are rocking the job market.</p><p>Si
A Decade of Dedication: 3 Employees Celebrate 10-Year Career Milestone at Finance Magnates
<p>Finance Magnates has always done a good job of retaining core talent in what has been a dynamic and fluid industry. The company today celebrates a notable milestone for three individuals who have been part of the team for a decade. This includes Minna Kairesalo, Sylwester Majewski, and Jeff Patterson.</p><p>Each of these indivi