FINRA Fines BGC Financial $175K for TRACE Reporting Errors
FINRA (Financial Industry Regulatory Authority) has slapped a fine of $175,000 on BGC Financial, along with a censure order, for the rules’ violations around Trade Reporting
ASIC Drafts Reporting Rules for Foreign Brokers with Aussie Clients
The Australian Securities and Investments Commission (ASIC) is moving towards tightening rules for foreign financial services companies with Australian operations. From October 202
PrimaryBid, BMLL, FXCM and More: Executive Moves of the Week
In January, the number of executive roles being onboarded in the forex, crypto and fintech industries is returning to what we normally expect with a slight dip due to redundancies
Crypto Lender Genesis Files for Bankruptcy in New York
The crypto lender Genesis filed for Chapter 11 bankruptcy late on Thursday following the company’s troubles with liquidity triggered by two major collapses in the cryptocurre
Binance’s Banking Partner Will Start Ignoring Transactions Under $100K: Report
Crypto markets have been showing strong signs of recovery – but not everyone is convinced, and financial institutions are understandably on their guard. According to the Federal
Analysts Send Mixed Messages on Bitcoin Bull Trap Scenario
Bitcoin prices have pushed higher over the weekend, continuing the rally that began with the new year. The asset has now notched up a 45% gain since its cycle low of $15,665 on Nov
Stellar Becomes Newest Member of CFTC’s Committee
The non-profit organization – Stellar Development Foundation – announced joining a new advisory committee of the United States Commodity Futures Trading Commission (CFTC). Acco
69% of Retail Investors Unfazed by 2022 Crypto Winter: Survey
Most retail investors are still very much interested in investing in digital assets despite experiencing what is arguably the worst bear market in crypto history. According to a re
Shiba Inu Is The Most Popular Starter Crypto: Nansen
Shiba Inu was the most popular crypto in new wallets over the past week, an on-chain analytics firm recently found. Banking was a boring subject for the Baby Boomer generation, but
Coinbase CEO Gets Flak for Suggesting Bitcoin as Common Currency in Brazil and Argentina
Coinbase’s Brian Armstrong was called out on Twitter for suggesting that Brazil and Argentina look into Bitcoin as a currency. The two countries will start discussions for a comm