The Latest Global Financial News - Page 2

Circle Seeks to Raise $250M, Acquires SeedInvest

Circle Seeks to Raise $250M, Acquires SeedInvest

Cryptocurrency-oriented startup Circle Internet Financial is seeking to raise more $250 million, according to The Information, which cites sources familiar with the matter. The company plans to raise funds through a mix of equity and debt financing. The move might be forced by the current bearish st... Read more.

CME Group Reports Lower FX Trading Volume

CME Group Reports Lower FX Trading Volume

Chicago-based CME Group, which operates an options and futures exchange among others, reported its trading volumes for February 2019, according to whi... Read more.

Facebook Might Launch Its Stablecoin Within 3 Months

Facebook Might Launch Its Stablecoin Within 3 Months

The day when we’ll see a cryptocurrency made by Facebook is getting closer. The New York Times found out that the social media giant was preparing t... Read more.

Dukascopy Launches Own Crypto Earlier Than Planned

Dukascopy Launches Own Crypto Earlier Than Planned

Swiss-based Dukascopy Bank decided to jump on the cryptocurrency bandwagon even though the market seems to stagnate in the last few months. The online... Read more.

Goldman Traders Record Most Losing Days in 7 Years in Q4

Goldman Traders Record Most Losing Days in 7 Years in Q4

Last quarter, Goldman Sachs’s traders had the most losing days in about seven years, Bloomberg reports. The US banking giant lost money during 19 tr... Read more.

Saxo Bank Hits Record Profit for 2018

Saxo Bank Hits Record Profit for 2018

Danish investment bank and brokerage service Saxo Bank released its annual financial report for 2018. The broker hit a record annual profit thanks to ... Read more.

Russia to Adopt Oil-Backed Cryptocurrency

Russia to Adopt Oil-Backed Cryptocurrency

Igor Yusufov, former Russian Energy Minister, proposes the creation of an oil-backed cryptocurrency, according to local media. He revealed that the ro... Read more.

CMC Markets Share Price Loses 20% on Updated Revenue Forecast

CMC Markets Share Price Loses 20% on Updated Revenue Forecast

London-based CMC Markets Plc, an online trading platform provider, announced on Friday, February 22, 2019, that it expected a bigger decline in fourth... Read more.

CySEC to Rely on EU’s 5th AML Directive to Monitor Cryptos

CySEC to Rely on EU’s 5th AML Directive to Monitor Cryptos

The Cyprus Securities and Exchange Commission (CySEC) calls for the adoption of the EU’s 5th AML Directive (AMLD5) at a national level, according to... Read more.

JPMorgan Launches Own Digital Coin

JPMorgan Launches Own Digital Coin

Less than a month ago, US banking giant JPMorgan published a report on cryptocurrencies and blockchain. The analysts concluded that the value of Bitco... Read more.

Plus500 Stock Loses 60% in Less Than a Week

Plus500 Stock Loses 60% in Less Than a Week

Israel-based CFD trading platform provider Plus500 Ltd (LON: PLUS) has had a terrible month so far, with its share price declining by over 63% since F... Read more.

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