The FX, fintech and crypto markets have been as active as ever over the last week. Stay informed and ahead of the game with our hand-picked collection of top updates and stories.
forex market news
CySEC extends Otkritie’s ban following concerns over ties with Russia
The Cyprus Securities and Exchange Commission (CySEC) has extended the ban on Igor Gutinskiy, director of Otkritie Broker Ltd, from managing the company for another six months. read more
Carla Nemru joins Tauro Markets as Chief Commercial Officer
Retail FX broker Tauro Markets has appointed industry veteran Carla Nemru as Chief Commercial Officer (CCO) with immediate effect. read more
LMAX acquires FX HedgePool and enters FX swaps and futures market
LMAX has announced the acquisition of FX HedgePool, an institutional swap matching service, as part of its efforts to build a global cross-asset market. read more
Freetrade to acquire Stake’s UK business
London-based online trading platform Freetrade has agreed to acquire Australian investment app UK client Book of Stake as part of its strategy to strengthen its domestic business. read more
BlockFills promotes Demetrios Zamboglou to UAE CEO
BlockFills has promoted Demetrios Zamboglou to UAE CEO, where he will oversee operations in the UAE. read more
Saxo UK launches SaxoInvestor platform in the UK
Saxo UK, the UK business of Saxo Bank, has announced the launch of SaxoInvestor, a new investment platform in the UK offering access to over 70,000 global products. read more
Scope Prime appoints Lochlan White as chief commercial officer
Scope Prime, the institutional liquidity brand of Rostro Financial Group and a sister company of Scope Markets, announced the appointment of Lochlan White as Chief Commercial Officer. read more
Telegram shares users’ IPs with authorities for 6 years
Telegram founder and CEO Pavel Durov admitted on October 2 that the platform has been disclosing criminals’ IP addresses and phone numbers to authorities since 2018.
cryptocurrency market
Ripple secures in-principle approval from Dubai’s DFSA
Ripple has received in-principle approval from Dubai Financial Services Authority (DFSA) to expand services from Dubai International Financial Center. read more
Coinbase to delist Tether and other stablecoins by end of 2024
Coinbase plans to delist stablecoins that are not compliant with the European Union’s Markets in Cryptocurrency Regulation (MiCA) by the end of 2024. read more
SEC appeals Ripple ruling as Bitwise applies for XRP ETF
On October 2, the U.S. Securities and Exchange Commission (SEC) filed a notice of appeal in its ongoing lawsuit against Ripple Labs, seeking to overturn Judge Annalisa Torres’ decision. read more
SWIFT to launch live trial for virtual currency trading next year
Global banking messaging network SWIFT plans to conduct live trials of digital asset and currency trading across its global network, connecting more than 11,500 financial institutions around the world. read more
Robinhood now allows crypto deposits and withdrawals in Europe
Robinhood is expanding its cryptocurrency services in Europe by allowing users to deposit and withdraw cryptocurrencies using external platforms. read more
CME Group Deems Bitcoin “BFF” Contract a Huge Success
CME Group Bitcoin Friday Futures (BFF) went live on Sunday, September 29th, with the first trades executed by Galaxy and Marex, and is considered a huge success. read more
Who will win, Kamala or Trump? IBKR begins trading US election predictions
Interactive Brokers has announced the launch of a forecast contract for upcoming US election results through the ForecastEx exchange. read more
