Crossover Institutional Cryptocurrency Trading Venue CROSSx Integrates with Talos Trading Platform
Crossover Markets, a digital asset technology company focused on meeting the unique liquidity requirements of institutions, and Talos, a provider of institutional technology for trading digital assets, today announced that Crossover’s CROSSx institutional crypto trading venue has been integrated into the platform Talos trading. Talos’ existing provider network. As a result of this integration, Talos […]
Public officially launches the Public Media Network
Today, Public announced the official launch of Public Media Network, its content network that hosts all Public media and broadcasts in one place. The content industry took off in 2021 as the Public saw a shift in how millennial and Gen Z investors accessed news and financial information after Gamestop. Retail investors watch TV shows, […]
HK Regulatory Authority Warns Public About Suspicious Product Related to Virtual Assets “LENA Network”
Hong Kong’s Securities and Exchange Commission (SFC) today issued a warning about a suspicious investment product called “LENA Network” that involves virtual betting, lending and asset-lending arrangements and claims to offer high returns to investors. The product has not been approved by the SFC for offer to the Hong Kong public. The product exhibits characteristics […]
eToro Achieves SOC 2 Type II Compliance Certification
Online brokerage eToro announced today that it has achieved SOC 2 Type II Compliance Certification. Type II SOC 2 compliance certification is an audit process designed to ensure that service providers securely manage data to protect their customers’ privacy. “SOC” stands for system and organization controls, and the certification is especially important for technology and […]
Broadridge to acquire Kyndryl’s SIS wealth and capital markets technology platform
Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that it will acquire Kyndryl’s Securities Industry Services (SIS) wealth and capital markets technology platform. SIS solutions include clearing and settlement, account record keeping, tax and regulatory reporting and integrated order management activities for Canadian financial services firms. Kyndryl intends to work with Broadridge Canada […]
CoinEx obtains VASP registration in Poland
Cryptocurrency exchange CoinEx has secured authorization as a virtual asset service provider (VASP) in Poland. This achievement is expected to significantly strengthen CoinEx’s position in the European cryptocurrency market. The authorization from the regulatory authorities in Poland recognizes CoinEx’s compliance with the country’s strict financial regulations. Haipo Yang, CEO of CoinEx, commented: “Obtaining VASP registration […]
Euroclear UK & International appoints Chris Elms as its CEO
Euroclear UK & International today announced the appointment of Chris Elms as Chief Executive Officer. Mr. Elms previously served as interim CEO. With a combined 28 years of experience at Euroclear Group and previously CRESTCo, which was acquired by Euroclear Group in 2002, Mr Elms has held a number of senior positions including CRESTCo Head […]
Cboe Fines Hilltop Securities $170,000
Hilltop Securities Inc. agreed to pay a $170,000 fine as part of a settlement with Cboe Exchange, Inc. The matter arose out of a review conducted by FINRA’s Division of Market Regulation regarding the Company’s compliance with its obligations to report listed options positions and related information in the Long Options Position Report (LOPR). From […]
United Fintech opens new office in DIFC
United Fintech is strengthening its global presence with the opening of a new office in the Dubai International Financial Center (DIFC). This strategic expansion into the UAE, led by Athena, one of United Fintech’s partner companies, is a response to strong market demand and highlights the UAE’s critical role as a fintech hub. United Fintech […]
CFTC takes Agridime to court over $161 million Ponzi scheme
The Commodity Futures Trading Commission (CFTC) sued Agridime LLC for operating a Ponzi scheme. On May 10, 2024, the regulator filed a complaint against Agridime and co-founders Joshua Link and Jed Wood in the Northern District Court of Texas. According to the CFTC complaint, from 2021 to approximately December 11, 2023 (the “Relevant Period”), Agridime […]