Fx news
Forex vs. Cryptocurrency Trading, Explained
Which one is right for you? Of course, this is a question that all traders have to ask themselves, but a lot of it comes down to which type of trading environment sounds better to you. Forex trading can offer more built-in stability, as well as an industry with deeper roots, more infrastructure and clear regulation. However, the room for upside in this market may not be as extreme as cryptocurrency can offer. If you’re interested in finding a broker to get involved, check out FX-List for a comprehensive collection from around the world. Also note that many FX brokers …
Trading / June 17, 2020
Cyprus SEC Flags 3 Trading Platforms That Look Suspiciously Similar
Cyprus’ Securities and Exchange Commission (CySEC) recently issued a warning against almost 200 unregistered investment platforms, three of which look strikingly similar and falsely advertise ties to licensed and regulated firm BDSwiss. The CySEC posted an update to its list of unapproved website addresses on Dec. 10, which now contains 187 different names. The CySEC noted at the top of its posted list: “[T]he domains that are included in the following list are not owned or operated by Cyprus Investment Firms (CIFs) which have been authorized by CySEC to provide Investment Services.” In a Dec. 23 brief, Finance Magnates reported …
Cryptocurrencies / Dec. 23, 2019
Calibra Head David Marcus Touts Libra’s Money Laundering Standards
Calibra CEO David Marcus recently claimed that the Anti-Money Laundering (AML) standards of Libra — Facebook’s proposed stablecoin project — will be better than other payments networks. Citing statements from Marcus’ speech at the Money 20/20 conference in Las Vegas, finance publication Finextra reports on Oct. 29 that he explained the nuances of the project during an interview. He said, ”I want to say that the efficacy of sanction enforcing can be much higher on Libra than other payments networks.” Marcus stated that the network’s underlying blockchain technology will allow regulators to better trace transactions and identify suspicious activities, adding: …
Adoption / Oct. 29, 2019
First Lamassu Bitcoin ATM.
“It’s an amazing feeling to go from a wooden box/Raspberry Pi prototype in February to shipping a hardened steel production model in October,” said Zach Harvey, CEO of Lamassu in an interview to CoinDesk. During the first week company had already got another 13 clients waiting for new ATM all over the world, including Slovakia, China, France, Canada, Australia, New Zealand, Finland, Denmark, Sweden and Brazil. Harvey mentioned the names of two next places where produced machines are going – the Crypto-Currency Conference in Atlanta and the Money2020 Conference in Las Vegas. In the second run company is going to …
Atm / Oct. 3, 2013