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XTB Grows Client Base by Nearly 50% But Struggles with Profit Decline in Q1
While XTB welcomed a record number of new clients in the first quarter of 2024, the surge in users failed to offset the impact of declining quarterly net profit.
financemagnates.com — 12 days ago
FCA Launches AI Testing and Sandbox for Forex, Commodities, and Other Financial Sectors
The FCA focuses on AI testing, sandboxes, and innovation to maintain UK competitiveness in Forex and financial markets.
financemagnates.com — 12 days ago
UK Targets Crypto Exchanges With New Rules as Adoption Triples to 12%
As crypto adoption surges in the UK, the government has introduced draft legislation seeking to tighten oversight of crypto firms while keeping Britain attractive to investors and innovators.
financemagnates.com — 12 days ago
Still Investing or Already Binary Options Gambling? Event Contracts Are Set to Become a "Trillion Dollar Asset Class"
Explore the controversial world of event contracts: a trillion-dollar prediction market or just gambling in disguise? Regulators battle as Robinhood and Kalshi push the boundaries between investing and betting.
financemagnates.com — 12 days ago
Currency.com Eyes Institutional Market with Investment From N7 Capital
Currency.com, a platform operating at the intersection of crypto, trading, and payments, is in talks with N7 Capital. The latter, a private equity fintech firm, has reportedly signed a Letter of In ...
financemagnates.com — 12 days ago
Circle Secures In-Principle Abu Dhabi Approval as It Pursues NYSE IPO
Circle, the company behind the USDC stablecoin, has received in-principle approval from the FSRA of Abu Dhabi Global Market (ADGM).
financemagnates.com — 12 days ago
Google Lifts IG France's Ads Restriction after 7 Years, Account Openings Double
Ambroise Lion, the Managing Director of IG Group's French entity, has revealed that monthly visibility and account openings have doubled after Google lifted an ad restriction against the online bro ...
financemagnates.com — 12 days ago
Bitpanda Expands Sports Presence, Becomes FC Basel's Shirt Sponsor
Bitpanda is expanding its presence further in European football by becoming the main sponsor of Swiss football club FC Basel 1893. The crypto exchange's branding will now appear on the front of the ...
financemagnates.com — 12 days ago
ESMA Finalises Guidelines for EU Regulators on Detecting and Preventing Market Abuse in Crypto
The ESMA has published its final guidelines for national authorities on how to prevent and detect market abuse in the crypto-asset sector.
financemagnates.com — 12 days ago
Phillip Nova Plugs Into $2 Trillion Asia Forex Market With Integral
As trading volumes for non-deliverable forwards (NDFs) and FX swaps reach new records in Asia-Pacific, multi-asset brokerage firm Phillip Nova has announced an expansion of its partnership with Int ...
financemagnates.com — 12 days ago
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