<p>In the electrifying world of cryptocurrency, the buzzwords on everyone's lips are "Bitcoin ETF." As Bitcoin skyrockets past $45k, the market is gripped by ETF mania, a tale of anticipation, wild speculations, and baited breath. </p><p>Bitcoin ETF Fever: A Rollercoaster of Speculation</p><p>Bitcoin
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Exclusive: XTB Introduces Auto-Trading in Passive Investment Offering
<p>XTB will announce the expansion of its latest passive "Investment Plans" today offering to include an auto-trading option, Finance Magnates has learned. </p><p>Omar Arnaout, the CEO of the publicly listed Polish fintech (WSE: <a href="https://www.financemagnates.com/tag/xtb/" target="_blank" rel
Optimizing Financial Resources in Multidivisional Organizations
<p>In today's highly competitive <a href="https://cinpax.com/">business</a> landscape, managing financial resources efficiently is crucial for the success of multidivisional organizations. With multiple divisions operating independently but under a central corporate umbrella, it is imperative to optimize financial r
How Finance Teams Can Get More from Their Data
<p>When it comes to business operations, the finance team is in charge of scanning through data, finding opportunities, forecasting future trends, and presenting their insight to higher-ups in a way that is easy to understand. Alongside knowledge of a range of financial modeling systems, finance teams also need to know a great deal about effe
Exclusive: FX Expert Joins UAE's Century Financial as Chief Product Officer
<p dir="ltr">Century Financial, a United Arab Emirates-based investment services company, strengthened its management with the appointment of Ulas Akincilar as the new Chief Product Officer, Finance Magnates learned exclusively. Coming from the forex and contracts for differences (CFDs) industry, he has already assumed his new role.
Adyen Expands Reach to Icelandic Market through Collaboration with Straumur
<p>Adyen, a global financial platform, is entering into a partnership with Straumur, a subsidiary of Kvika, which operates as a payment provider in various sectors of the Icelandic market, including grocery stores, restaurants, pharmacies, and gas stations. Currently, Straumur processes around 25% of payments in Iceland and serves 1700 mercha
Admiral Markets (Once Again) Impersonated by Fraudulent Clone, FCA Reports
<p>The UK Financial Conduct Authority (FCA) has issued a warning against a clone pretending to be the authorized firm Admiral Markets UK Ltd., the operator of Admirals retail trading brand. Over the past few years, this is at least the fifth clone of a popular broker.</p><p>FCA Warns against Admiral Markets Clone Firm</p><
The IRS Is Taking a Maverick’s Approach to Recruitment
<p>In the ceaseless churn of bureaucratic hiring, the IRS is jumping into 2024 with a surprising spirit of innovation. </p><p>With a target of recruiting a whopping <a href="https://federalnewsnetwork.com/hiring-retention/2023/04/irs-plans-for-30000-new-hires-by-end-of-fy-2024-to-replace-aging-workforce/">20,000 ne
Bitcoin ETF Buzz Fuels $2.25 Billion Crypto Investment Spree in 2023
<p> Digital asset investment products saw $2.25 billion of inflows in 2023, marking it as the 3rd largest year for inflows since 2017, according to the newest report by CoinShares. The inflows represented a dramatic turnaround from 2022 when they totaled just $831 million. </p><p>Their visible acceleration since the year's se
South Korea Seeks Ban on Crypto Purchases Using Credit Cards
<p dir="ltr">The South Korean Financial Services Commission (FSC) today (Thursday) published a legislative notice proposing a ban on cryptocurrency purchases using credit cards. If approved, the prohibitory rule will be imposed on the local citizens.</p><p dir="ltr">No Crypto on Credit</p><p dir="