LCG’s Bahamas Entity Ceased Operations Citing FlowBank’s Bankruptcy
The Bahamas-registered entity of London Capital Group Ltd (LCG), a retail forex and contracts for differences (CFDs) broker, has ceased its operations and announced publicly that it has been impossible…
$40B Valuation Lures Revolut CEO to Sell Up to “Hundreds of Millions of Dollars” in Stake
Nik Storonsky, the founder and CEO of Revolut, is planning to sell “tens or even hundreds of millions of dollars” of his stake in the fintech in the upcoming secondary…
New York’s Bold Step Towards Regulating the BNPL Industry
New York’s initiative to regulate the Buy Now, Pay Later (BNPL) industry signifies a critical shift in the relationship between technology, finance, and consumer protection. Governor Kathy Hochul’s proposal, which…
Are Digital IDs the Solution to Payment Fraud?
Digital IDs leverage advanced technologies, such as encryption and biometrics, to provide secure and convenient methods of identity verification. For financial institutions, this means a significant leap forward in combating…
ViCA.Chat Enables Businesses with Tailored Regulatory Solutions and AI Tools
As Africa joins the global financial markets, its unique economy fuels forex and CFD trading innovation. Discover growth drivers: tech advancements, regulations, and increased financial education for African traders. See…
Former Amazon Consultant Joins Capital.com as Global Head of Programmatic
Patricia Lyn Dixon has announced on LinkedIn her new position as Global Head of Programmatic at Capital.com. Previously, she worked at Amazon Ads as a Programmatic Solutions Consultant for over…
PayPal Australia’s Unfair Contract Term: Court Favours Small Businesses
An Australian court has ruled against PayPal’s local entity for using a disadvantageous term in its contracts that was unfair to small businesses. In the ruling, the court declared the…
The Rise of Borderless Digital Wallets in APAC: A New Financial Era
As the Asia-Pacific (APAC) region undergoes a profound transformation in its financial landscape, the emergence of borderless digital wallets is redefining how people transact across borders. This innovation promises to…
Instead of 15% Profit on Bitcoin, $83.7 Million Loss: “A Classic Ponzi Move”
A federal judge has ordered an Oregon man and his companies to pay over $83 million in restitution to victims of a fraudulent digital asset investment scheme that operated as…
Robinhood Eyes Bitcoin Futures Launch in Europe and US
Robinhood Markets Inc., the popular commission-free trading platform, is making moves in expanding its cryptocurrency offerings and geographical reach. The company has launched its services in Hawaii, Puerto Rico, and…
