broker
FINRA Ends Regulatory Unclarity By Awarding Harbor with Crypto Broker-Dealer License
The Financial Industry Regulatory Authority (FINRA) awarded Harbor Square Investments a broker-dealer license. Harbor Square Investments is a subsidiary of tokenized securities platform-Harbor.
Germany’s Federal Financial Regulator Warns Investors Over Bulgarian Crypto Broker
Bulgarian crypto broker, 5 Capital, has been offering financial services to investors without being approved by the Germany financial watchdog, federal financial supervisory authority (BaFin).
May 31: Everyone Wants to be the Broker in Crypto
BTC has managed to get into my sell zone with ETH clearly leading the charts with the triangle breakout getting quite a few technical guys excited. Contrary to this spike, 20k+ ETH Dec 120 puts traded at $8.4 yesterday. So who's gonna be right?
DeFi Broker Porter Finance Shuts Down Bond Issuance Platform
Porter Finance said low lending demand from the DeFi ecosystem has forced it to close its bond trading platform, and mentioned that it now wants to focus on other business opportunities.
HK SFC: Two Former Brokers Sentenced to Jail Over False Trading
Two former brokers face jail for false trading in Hong Kong.
Voyager Digital Suspends Crypto Trading, Deposits & Withdrawals
Digital asset broker Voyager Digital said halting all customer trading, deposits, withdrawals and loyalty rewards was the right one given the current market conditions.
Crypto Broker Genesis Says Lending Business Declined in Q2
Genesis blamed the fierce crypto downturn as the reason for the fall of its lending revenues. The company issued new loans worth $40 billion in Q2, a decrease of 9% from Q1.
Finland Seeking Brokers for Selling $79M Bitcoin Seized from Illegal Drug Market
Finland government is looking for brokers to help the administration to enable the safe selling of seized Bitcoins.
TP Global FX Broker Taps Belfrics International to Trade Crypto Derivatives
TP Global Limited is a major FX Broker that strives to help traders earn on their investments. The FX broker is currently seeking to take advantage of the rising popularity of blockchain/cryptocurrencies services.
Cryptocurrency Detective ZachXBT Uncovers Unusual ETH Withdrawals for MTG Cards
ZachXBT's analysis of cryptocurrency transactions involving the withdrawal of over 11,200 ETH, equivalent to $25 million, raises questions about the source and intent of these funds.
SEC Proposes New Rules to Address Conflicts of Interest in AI Usage by Brokerage Firms
The U.S. Securities and Exchange Commission (SEC) has proposed new rules to address potential conflicts of interest that may arise when investment advisers and broker-dealers use predictive data analytics and artificial intelligence (AI).
Best safe investments for your money in 2021
Choosing a reliable broker is a major concern if you want to trade your investments in safe hands since the safety of funds is always the most important.
Fujitsu Files Trademark for Crypto Brokerage Services
Japanese tech giant Fujitsu has filed a trademark application for a new branding that aims to offer financial services, including cryptocurrency brokerage services, to customers. Fujitsu has been showing growing interest in Web3 technology and launched a Web3 acceleration platform in February to support startups and partner companies in creating a diverse ecosystem of Web3 applications. The move comes as financial regulators in Japan call for stricter banking rules for the crypto sector.
SEC's Chair Gary Gensler Issues Statement on Amendments to Broker-Dealer Registration Rule
The U.S. Securities and Exchange Commission (SEC) is amending Rule 15b9-1, allowing broker-dealers to bypass national securities associations like FINRA. The changes aim to ensure consistent oversight, particularly in cross-market and off-exchange activities, and promote transparency and efficiency in the capital markets, benefiting investors.
Chinese Robinhood Futu & Tiger Brokers To Expand Crypto Trading Abroad
Two Chinese online brokerages Futu and Tiger Brokers reportedly intend to expand their business into the crypto trading market abroad against stock competitors app, like U.S-based Robinhood.
Paxos’ Blockchain Settlement Platform Goes Live with Settling Credit Suisse and Instinet Trades
New York-regulated stablecoin issuer, Paxos, launched its blockchain-based settlement platform, after announcing the service in late 2019. The new service enables settlement of US-listed equity trades between broker-dealers Swiss financial services firm Credit Suisse and Nomura Group-backed Instinet.
Interactive Brokers Launches Cryptocurrency Trading Service for US Financial Advisors
Interactive Brokers has made steps closer to realizing its vision for unlocking broad access to what is regarded as lucrative. The brokerage firm has introduced a crypto trading service on its public market to make cryptocurrencies accessible to retail investors.
Coinbase Extends Services to Institutional Users
Coinbase Global Inc said the exchange it is offering prime brokerage services for institutional customers, Bloomberg reported Tuesday.
IRS Introduces New Form 1099-DA for Reporting Income from Digital Asset Transactions
The US IRS has introduced Form 1099-DA for cryptocurrency brokers to report digital asset transactions, aiming to improve compliance and ensure accurate tax reporting from digital assets starting January 1, 2025.
Laser Digital Secures In-Principal Approval from Abu Dhabi Global Market
Laser Digital, Nomura's digital asset subsidiary, has received In-Principal Approval from Abu Dhabi Global Market's Financial Services Regulatory Authority. The approval allows the company to offer broker-dealer and asset management services in the UAE, subject to fulfilling specific conditions.
B2Core iOS v1.22 Update: New IB Module and Centroid Integration for an Unparalleled User Experience
B2Broker has updated its B2Core iOS app, enhancing functionality and user experience with Centroid account integration and the IB module, allowing direct trading on cTrader.
SBI Invests $15 Million into Alpaca, Forges Partnership
Alpaca and SBI Holdings have entered into a strategic partnership, bolstered by a USD15 million investment, to accelerate Alpaca’s business expansion in Asia. This collaboration will extend Alpaca's services to more enterprise financial institutions in Asia for US securities transactions. The investment, a convertible note, takes Alpaca’s total funding to USD120 million, enabling further growth in the Asian market and new product introductions in the U.S.
Interactive Brokers Plans to Offer Cryptocurrency Trading by The End of This Summer
Interactive Brokers forex exchange company is looking for ways to start offering crypto trading to its clients, aiming at providing service in this summer.
Interactive Brokers Taps OSL To Offer Digital Assets Services in Hong Kong
Interactive Brokers is working with OSL Digital Securities to expand the use of virtual assets dealing services in Hong Kong, witnessing investors' growing interest in exploring opportunities in investing in crypto-assets.
Fidelity to Offer Crypto Trading to Retail Customers
The potential launch would come after Fidelity enabled its corporate clients in April to add the world's largest cryptocurrency to their managed 401(k) retirement plans.
Coinbase is Safest Crypto Exchange Overall: BrokerChooser
On a scale of 5, Coinbase received 4.1 for the overall safety score. The exchange was also ranked as a tier 1 for other sub-categories.
Analysis: Here is What the New Crypto Bill Mean for the Blockchain Ecosystem?
What are the implications of the newly introduced US Crypto Bill? Blockchain.News recently spoke to crypto experts to comment on the consequences of the bill, and tell us what advantages might bring to the industry.
Robinhood to Plan Testing Cryptocurrency Wallets, Speeding up Crypto Territory Escalation
Robinhood Markets is extending its reach in the growing cryptocurrency market and now plans to test its cryptocurrency wallets. The so-called crypto wallets will give customers more ability to own and spend crypto coins.
U.S. Senators Urge Treasury and IRS for Swift Cryptocurrency Tax Rule Implementation
A group of U.S. Senators has expressed concern over a two-year delay in implementing tax reporting requirements for crypto brokers, urging the Treasury Department and IRS to expedite the process to close the crypto tax gap, provide clarity for taxpayers, and secure billions in lost tax revenue. The delay contradicts the directives of the Infrastructure Investment and Jobs Act and gives leeway to crypto lobbyists opposing the rule.
Australian Online Broker SelfWealth Becomes the First Platform to Add Crypto for Trading
Australian online broker SelfWealth plans to list 10 cryptocurrencies, including Bitcoin and Ethereum, on its trading platform for trading before the end of this year.
Kazakhstan Blocks Coinbase, Citing Digital Asset Law
Kazakhstan's Ministry of Culture and Information has blocked Coinbase due to legal conflicts with digital asset regulations, revisiting previous restrictions on other financial platforms.
First Ever Blockchain-Based IPO Launches on National Stock Exchange
The shares are available on the MERJ exchange platform as well as through broker-dealer Jumpstart and crypto custodian Prime Trust, which are both based in the US and via Globacap.
Losing Access to your Crypto Wallet: Dangers and How to Not Lose your Funds?
Dmytro Volkov is the CTO at CEX.IO. He optimized the technology and processes at the exchange, as well as the trading and analytics systems and integrations with external systems. Created the CEX.IO Broker platform to trade derivatives. Also, he has over 15 years’ work experience in IT, including over 10 years in the financial market, and is an author of trainings on financial and tech topics.
What Will Be The State of Bitcoin Going Forward?
Dmytro Volkov, CTO of the international cryptocurrency exchange CEX.IO, has over 15 years ’work experience in IT, including over 10 years in financial markets. He has optimized the technology and processes at the CEX.IO exchange, as well as the trading and analytics systems and integrations with external systems. Equally, he has created the CEX.IO Broker platform to trade derivatives, an author of trainings on financial and tech topics as well as a speaker at industry-wide conferences.
Harbor Becomes First Blockchain Company to Hold Both Transfer Agent License and Brokerage License
Harbor, a digital assets firm for security token issuance, has been granted a transfer agent license by the United States Securities and Exchange Commission.
Top Three Advantages of the Forex Trading Profession
There are also many other foreign exchange markets where you can start trading but the Forex market has many advantages. If you know and understand the Forex market then you won’t be able to quit trading in the market. Most people choose the Forex market as it gives higher chances to make a profit than in the other foreign exchange markets. In this article, you will be able to discover the advantages of Forex trading so make sure you read the full article.
US SEC and FINRA Issued Latest Custody Guidance on Digital Assets Securities
The United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) issued a statement addressing regulatory issues regarding the custody of digital asset securities on 8 July.
Bitcoin.com Exchange Collaborates With Changelly For Seamless Crypto Swaps
Changelly cryptocurrency exchange platform partneres with Bitcoin.com Exchange, a new cryptocurrency exchange in the crypto market to ensure that customers enjoy seamless swapping of cryptocurrencies
VanEck, SolidX to Sell ‘Limited’ Bitcoin ETF to Institutions
VanEck and Solid X revealed that they have a workaround to bypass regulatory issues and are using an SEC exemption that will allow their product to be offered to institutions such as hedge funds and banks, but not to retail investors.
Fortex Launches Crypto Non-Deliverable Forwards
Fortex Technologies, a globally recognized multi-asset trading provider, has announced the expansion of its crypto services to include crypto non-deliverable forwards (NDFs), as well as an institutional platform for cryptocurrencies and digital assets.