<p>The lack of specialized personnel causes the UK's financial market regulator to be too slow and unable to keep up with the growing scale of crimes in the financial and cryptocurrency markets, according to a study published in December.</p><p>The National Audit Office (NAO) report shows that the <a href="https://www
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Tick, Tock, Tick, Tock – When's It Time to Trade?
<p>Is timing really everything when it comes to trading FX? It's an age-old question in any type of trade, but in today's fast-moving FX markets, understanding this is more important than ever.</p><p>The First and Last Hours</p><p> A survey of 3,000 traders conducted by FOREX.com earlier this year – our
HTX's Troubles Continue: $258 Million Flows Out as Investors React to Cyberattack
<p>Investors are swiftly withdrawing their assets from the cryptocurrency exchange HTX (formerly Huobi) after the exploit on November 22 that forced the exchange to halt services and incurred a loss of $30 million. Between November 25, when HTX resumed services, and December 10, the exchange witnessed a significant net outflow of $258 million
IQ Option's Quadcode Secures FX/CFD Trading License in Bahamas
<p>The Online trading platform, Quadcode Markets has acquired a new trading license in the Bahamas, the company announced in a press release today (Monday). For the FX/CFD broker, this is another authorization following those obtained in Australia from ASIC and in Cyprus from CySEC. In the case of the Cypriot market, Quadcode is part of [&hel
SumUp Raises over $300M, Defies European Fintech Trend
<p>British payments startup SumUp has raised €285 million ($306.6 million) in a new round of funding led by Sixth Street Growth and Bain Capital Tech Opportunities. Existing investors Fin Capital and Liquidity Group also participated.</p><p>With this latest round, SumUp's valuation is now higher than <a href="https://
Webull Launches Moneybull, Offering Interest on Idle Funds in Australia
<p>As part of the growing trend of offering clients passive forms of capital accumulation, the Australian branch of the popular trading platform Webull announced the launch of Moneybull today (Monday). </p><p>Moneybull is an inbuilt cash management tool that currently offers eligible Australian users a yield of 5.4% on idle cash d
Cypriot Agency Sees Rise in Suspicious Crypto Transactions
<p>The Financial Intelligence Unit (FIU) in Cyprus is expecting a rise in Suspicious Transaction Reports (STRs) for cryptocurrencies following the island's adopted regulations for the digital asset industry. The Cyprus Securities and Exchange Commission (CySEC) introduced the directives to regulate the activities of Crypto Asset Service
Tether Takes 'Proactive Steps' to Follow Sanctions Rules; Freezes 41 Crypto Wallets
<p>Tether, the largest stablecoin issuer, is taking "proactive steps" to align its services with US sanctions policies and has announced a new "voluntary wallet-freezing policy." </p><p>Although Tether did not reveal any numbers in last week's announcement, Coindesk reported that the platform froze 41 wall
Yen pleases the bulls. Forecast as of 11.12.2023
The Bank of Japan will have to normalize its monetary policy sooner or later. If it happens in 2024, the federal funds cut will encourage the USDJPY bears. Let us discuss the Forex outlook and make up a trading plan. Weekly Japanese yen fundamental forecast The New Year will bring good news. The Japanese yen […]
Will USD believe Fed? Forecast as of 11.12.2023
The Fed is trying to convey to the markets the idea of holding the federal funds rate for a long time. US employment data confirms the central bank is right. But the market does not want to give up its desires. Let's discuss this topic and make up a trading plan for EURUSD. Weekly US dollar […]