Outgoing Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger confirmed yesterday (Thursday) that the agency might “very soon” authorise the issuance and circulation of crypto perpetual contracts. It Would Be “Great to Get that Trading Back Onshore” Speaking to Bloomberg TV, Mersinger emphasised that perpetual crypto futures “can come to market now.” “We’re seeing some […]
Author Archives: BooBee
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Bitpanda has increased its involvement in sports by signing French tennis player Gaël Monfils as its global brand ambassador, noting that he “brings a wealth of experience and passion for cryptocurrency and digital asset trading.” An Early Investor in Crypto According to the crypto exchange, Monfils has been “an active participant” in the crypto space […]
Binance has asked a Delaware court to throw out a $1.76 billion clawback lawsuit filed by the FTX estate, arguing that the now-bankrupt crypto exchange is targeting the wrong party. According to the court documents, Binance says FTX’s collapse stems from internal fraud, not any action it or former CEO Changpeng Zhao took, and that […]
This article was written by Paul Margarites, Exness Regional Commercial Director Transparency in trading isn’t a marketing tool but a moral obligation. And in emerging markets, like those in Sub-Saharan Africa, where scam brokers continue to exploit regulatory gaps and client inexperience, it’s also a competitive advantage. At Exness, transparency is embedded in our systems; […]
As stablecoins gain adoption in the global financial system, a high-stakes power play is emerging behind the scenes. In early April, Circle filed paperwork to go public in the U.S., aiming for a valuation of at least $5 billion. Circle, the company behind USDC, is now caught in a crucial moment, publicly pursuing an IPO […]
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Financial technology company Wise (LSE: WISE) reported strong performance in the third quarter of fiscal year 2025 (FY25). Cross-border transaction volumes reached £37.8 billion. This marks a 24% increase from the previous year, driven by an expanding customer base and a growing adoption of its digital payment services. Wise Reports Q3 Growth with 24% Surge […]
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Funded trading has become a ubiquitous offering in the retail space, helping empower traders of all levels of expertise. With more opportunities than ever before, many traders are opting to join funded trading programs, necessitating the need for reliable providers. Finance Magnates checked in with Axi Select for their take on its growing free funded […]
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Revolut and Visa take on the UK Payment Systems Regulator over proposed caps on interchange fees, arguing that innovation and competition are at stake. Revolut and Visa Take a Swing at the UK Regulator When it comes to shaking up the financial sector, Revolut has never been one to shy away from a fight. Now, […]
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As Revolut gears up to become a fully licensed UK bank, it’s on a hiring spree, aiming to transition from a disruptor to your primary banking partner. Revolut’s Recruitment Rampage: Staffing Up for Banking Glory Revolut, the fintech darling that made traditional banks sweat with its sleek, app-first approach, is now playing an even bigger […]
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Mastercard is phasing out manual card entry for one-click online payments, according to a statement by the card payment giant today (Wednesday). According to the company, while in-store transactions have become nearly effortless with contactless payments, online shoppers still type in their 16-digit card numbers, expiry dates, and security codes. Mastercard aims to change this […]