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Continuation of USD Correction Accompanied by Further Euro Comeback
#OPINIONLEADER# Markets Of late markets were mainly driven by global sentiment and by investors pondering the impact of central banks tightening to cap inflation. In this complex, markets are giving ever more weight to activity data. Yesterday’s EMU PMI’s didn’t cause a big reaction.
FX Revenues, CySEC and FCA Bans, Finalto Sale, SEC on BTC: Editor’s Pick
Photo: FM As the first week in August draws to a close, let’s take a look back at the news stories that dominated the worlds of forex, fintech, and crypto, in our best of the week segment. Active Bitcoin Addresses Increase 30% Bitcoin, the world’s most valuable digital currency, saw a surge in its n
US Authorities Join Mirror Trading Crypto Scam Investigation
Photo: FM US investigators have joined a probe into South Africa’s crypto firm, Mirror Trading International (MTI). According to a recent report published by Bloomberg, the Federal Bureau of Investigation (FBI) is joining forces with the liquidators of MTI in the interest of several US and local inv
South Africa Is Looking at $3.6B Bitcoin Fraud as Africrypt Founders Flee
Photo: Bloomberg South Africa is looking at the country’s biggest cryptocurrency fraud as the two Africrypt founders, Raees and Ameer Cajee, disappeared with Bitcoins worth $3.6 billion belonging to the investors of the fund. Ameer Cajee, who is the chief operating officer of Africrypt, wrote to the
South African Regulator Moves for Crypto Regulation
Photo: Bloomberg The Financial Sector Conduct Authority (FSCA), the country’s top financial market regulator, is now proposing to regulate all digital currencies following the growing interest in such assets and the rampant fraudulent schemes, according to a Bloomberg report. The market watchdog alr
South African Bitcoin Trader MTI Enters Liquidation, CEO on Run
Photo: Finance Magnates A Cape Town court has granted a provisional liquidation order against Mirror Trading International (MTI), a South African Bitcoin trader company, as thousands of its clients were unable to withdraw their funds. The orders came as two MTI clients approached the court with an u
Bitcoin Soars, XRP Drama Latest, eToro $5 Billion IPO: Editor’s Pick
Photo: FM In a busy week for news, here are the standout stories from the worlds of forex, fintech and crypto in our best of the week segment. Bitcoin Soars Past $34K as Record-Breaking Rally Continues As Finance Magnates covered this week, Bitcoin surged past $34,000, ending the year with a 305% in
新冠肺炎冲击旅游与贸易，新加坡下调2020年经济预期
FX168财经报社(香港)讯，据CNBC报道，新加坡周一（2月17日）下调了2020年的经济增长预期，因为该国目前已经成为除中国外新冠肺炎病例数最多的国家之一。新加坡贸易与工业部(Ministry of Trade and Industry)表示，预计新加坡2020年经济将增长约0.5%，并将年度国内生产总值(GDP)区间预期下调至-0.5%至1.5%，低于之前预测的0.5%到2.5%的增长区间。该部门在一份声明中说，此前的预测是以2020年全球经济增长温和回升以及全球电子周期复苏为前提的，但现在因新冠肺炎(COVID-19)的爆发，影响了中国、新加坡和世界上许多国家。"新加坡贸易与工业部概述
