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CySEC Withdraws BDSwiss’ B2B Unit Viverno Markets’ CIF License
CySEC Withdraws BDSwiss’ B2B Unit Viverno Markets’ CIF License
By Finance Magnates
CySEC Withdraws BDSwiss’ B2B Unit Viverno Markets’ CIF License
The Cyprus Securities and Exchange Commission (CySEC) has withdrawn the investment firm license of Viverno Markets Ltd, the B2B unit of BDSwiss.
cysec
cysec license
BDSwiss
retail
retail brokers
retail FX
Ethereum Price Surges 24%: Market Cap Nears $300 Billion, Second to Bitcoin
Ethereum Price Surges 24%: Market Cap Nears $300 Billion, Second to Bitcoin
By Finance Magnates
Ethereum Price Surges 24%: Market Cap Nears $300 Billion, Second to Bitcoin
Ethereum, the second-largest cryptocurrency by market capitalization, has seen a sharp rise in price following strong market momentum.
ETH
Ethereum
crypto
cryptocurency
New CFD Broker Versus Trade Launches with Unique ‘Asset-vs-Asset’ Product Offering
New CFD Broker Versus Trade Launches with Unique ‘Asset-vs-Asset’ Product Offering
By Finance Magnates
New CFD Broker Versus Trade Launches with Unique ‘Asset-vs-Asset’ Product Offering
Versus Trade aims to deliver value to both individual traders and institutional partners.
SNB’s Price Stability Goal: A Return to Negative Interest Rates?
SNB’s Price Stability Goal: A Return to Negative Interest Rates?
By Finance Magnates
SNB’s Price Stability Goal: A Return to Negative Interest Rates?
The effect of a rising Swiss franc on inflation is simple.
IG Group’s New Strategy to Attract Deposits: 8.5% Interest on Cash
IG Group’s New Strategy to Attract Deposits: 8.5% Interest on Cash
By Finance Magnates
IG Group’s New Strategy to Attract Deposits: 8.5% Interest on Cash
IG Group (LON: IGG) is offering its new UK customers an interest rate on deposited cash of up to 8.5 per cent AER variable, which is double the Bank of England’s current 4.
IG Group
eToro Uses AI-Powered Ads with Google’s Veo 2 as It Prepares $4B IPO Offering
eToro Uses AI-Powered Ads with Google’s Veo 2 as It Prepares $4B IPO Offering
By Finance Magnates
eToro Uses AI-Powered Ads with Google’s Veo 2 as It Prepares $4B IPO Offering
eToro has partnered with Google to launch a new advertising campaign using generative AI, produced entirely with Veo 2, a video generation tool.
etoro
AI
marketing
italy
google
“Tokenization and AI Provide the Foundation for Fintechs and Banks”: Cyprus Diaspora Forum’25 Enters Day 3
“Tokenization and AI Provide the Foundation for Fintechs and Banks”: Cyprus Diaspora Forum’25 Enters Day 3
By Finance Magnates
“Tokenization and AI Provide the Foundation for Fintechs and Banks”: Cyprus Diaspora Forum’25 Enters Day 3
The Cyprus Diaspora Forum’25 is currently in its third day. The event officially opened on Thursday with a series of panel discussions, following a welcome reception on Wednesday evening.
Cyprus Diaspora Forum
cyprus
fintech
Bill Gates Pulls Plug on Foundation — Throws Shade at Musk
Bill Gates Pulls Plug on Foundation — Throws Shade at Musk
By Finance Magnates
Bill Gates Pulls Plug on Foundation — Throws Shade at Musk
In what will maybe prove to be his legacy, Bill Gates announces wind-down of his foundation and took aim at Elon Musk and DOGE along the way.
bill gates
Bill and Melinda Gates Foundation
philanthropy
elon musk
TD Securities Integrates ISDA Create Platform to Digitize Legal Documentation
TD Securities Integrates ISDA Create Platform to Digitize Legal Documentation
By Finance Magnates
TD Securities Integrates ISDA Create Platform to Digitize Legal Documentation
TD Securities integrated ISDA Create across its global legal and regulatory agreement operations. The move reflects a broader industry trend of replacing paper-heavy workflows with data-driven plat...
TD Securities
FCA Names David Geale Executive Director for Payments and PSR Managing Director
FCA Names David Geale Executive Director for Payments and PSR Managing Director
By Finance Magnates
FCA Names David Geale Executive Director for Payments and PSR Managing Director
The UK's Financial Conduct Authority appointed David Geale to take on dual responsibilities as the FCA's executive director for payments and digital finance, and managing director of the Payment Sy...
Space and Time Launches on Mainnet to Power a New Generation of Data-Driven Crypto Apps
Space and Time Launches on Mainnet to Power a New Generation of Data-Driven Crypto Apps
By Finance Magnates
Space and Time Launches on Mainnet to Power a New Generation of Data-Driven Crypto Apps
Microsoft-backed Space and Time is the blockchain for ZK-proven data.
blockchain
FMAS:25 -  A Strategic Gateway to Africa’s Financial Future for B2B Professionals
FMAS:25 -  A Strategic Gateway to Africa’s Financial Future for B2B Professionals
By Finance Magnates
FMAS:25 - A Strategic Gateway to Africa’s Financial Future for B2B Professionals
FMAS:25 serves as a breeding ground for new partnerships and collaborations.
Why Is Bitcoin Going Up? BTC Price Breaks the $100,000 Barrier Again
Why Is Bitcoin Going Up? BTC Price Breaks the $100,000 Barrier Again
By Finance Magnates
Why Is Bitcoin Going Up? BTC Price Breaks the $100,000 Barrier Again
Bitcoin News: Bitcoin price is making headlines again, soaring to $100,000 for the first time since February 2025, with a current price hovering around $99,500.
bitcoin
BTC
Bitcoin (BTC)
Bitcoin news
Bitcoin Price
REALTYon 2025 Expo Links Property Stakeholders in Two-Day Cyprus Event
REALTYon 2025 Expo Links Property Stakeholders in Two-Day Cyprus Event
By Finance Magnates
REALTYon 2025 Expo Links Property Stakeholders in Two-Day Cyprus Event
REALTYon 2025 Expo, a two-day event, began on 8 May in Limassol. The event is organized by Ultimate Fintech, known for producing the iFX EXPO.
REALTYon
cyprus
investment
How Canada Quietly Became a Leader in Central Bank Digital Currency Innovation
How Canada Quietly Became a Leader in Central Bank Digital Currency Innovation
By Finance Magnates
How Canada Quietly Became a Leader in Central Bank Digital Currency Innovation
What makes Canada’s approach different isn’t its speed—but precision.
FCA Sees Progress in Smaller Firms; Are CFDs Coming Under the Radar of High-Risk Investments?
FCA Sees Progress in Smaller Firms; Are CFDs Coming Under the Radar of High-Risk Investments?
By Finance Magnates
FCA Sees Progress in Smaller Firms; Are CFDs Coming Under the Radar of High-Risk Investments?
The UK Financial Conduct Authority (FCA ) has released the findings of its latest review of smaller asset management and alternatives firms.
The Financial Conduct Authority (FCA)
fca
retail
retail FX
eToro Bets on Growth Ahead of IPO: Q1 Income Slips, but Reach Expands
eToro Bets on Growth Ahead of IPO: Q1 Income Slips, but Reach Expands
By Finance Magnates
eToro Bets on Growth Ahead of IPO: Q1 Income Slips, but Reach Expands
After a strong 2024—where it posted $931 million in total commissions and $192 million in net profit—IPO-bound eToro now forecasts a lower Q1 net income between $56 million and $60 million compared...
Spain CFD Trading Base Drops to 35,000 in Fourth Straight Annual Decline
Spain CFD Trading Base Drops to 35,000 in Fourth Straight Annual Decline
By Finance Magnates
Spain CFD Trading Base Drops to 35,000 in Fourth Straight Annual Decline
Spain's leverage trading market has collapsed to a fraction of its 2021 peak, with the number of active FX/CFD traders falling another 10% to just 35,000 in the 12 months through February, accordin...
investment trends
Spain
Former LSEG Director Jumps Ship to Join TraditionData's US Team
Former LSEG Director Jumps Ship to Join TraditionData's US Team
By Finance Magnates
Former LSEG Director Jumps Ship to Join TraditionData's US Team
TraditionData, a provider of OTC financial market insights, announced today (Thursday) the appointment of Michael Suppa to its Account Management team in New York, along with several other key pers...
tradition
executive moves
Forex.com Owner's Q2 FY25 FX and CFDs Trading Volumes Rise, but Revenue Fails to Keep Up
Forex.com Owner's Q2 FY25 FX and CFDs Trading Volumes Rise, but Revenue Fails to Keep Up
By Finance Magnates
Forex.com Owner's Q2 FY25 FX and CFDs Trading Volumes Rise, but Revenue Fails to Keep Up
StoneX, the parent company of Forex.com and City Index, generated $70.9 million in revenue from FX and contracts for difference (CFDs) trading during the January–March quarter.
Robinhood Plans to Bridge Atlantic Gap with Securities Tokenization
Robinhood Plans to Bridge Atlantic Gap with Securities Tokenization
By Finance Magnates
Robinhood Plans to Bridge Atlantic Gap with Securities Tokenization
Robinhood (NASDAQ: HOOD ) is working on a blockchain-based platform that would allow retail investors in Europe to trade US securities, according to people familiar with the matter.
robinhood
tokenization
europe
RWA
"High Rankings Aren't What Matter in Business; It's the Value You Give to the World": Insights from Cyprus Diaspora Forum’25
"High Rankings Aren't What Matter in Business; It's the Value You Give to the World": Insights from Cyprus Diaspora Forum’25
By Finance Magnates
"High Rankings Aren't What Matter in Business; It's the Value You Give to the World": Insights from Cyprus Diaspora Forum’25
The Cyprus Diaspora Forum’25 formally begins today (Thursday) with a series of panel discussions, following a welcome event held yesterday evening.
Cyprus Diaspora Forum
cyprus
Integral Is Bringing Banks' FX Data to the Blockchain in Partnership with Pyth Network
Integral Is Bringing Banks' FX Data to the Blockchain in Partnership with Pyth Network
By Finance Magnates
Integral Is Bringing Banks' FX Data to the Blockchain in Partnership with Pyth Network
Pyth Network, a provider of decentralized data feeds, has partnered with Integral, an infrastructure provider for global currency markets, to enhance how data flows from institutional desks to open...
Pyth Network
Cor Prime Appoints Tim Bevan as CEO, Eyes Institutional Digital Asset Lending Launch
Cor Prime Appoints Tim Bevan as CEO, Eyes Institutional Digital Asset Lending Launch
By Finance Magnates
Cor Prime Appoints Tim Bevan as CEO, Eyes Institutional Digital Asset Lending Launch
Cor Prime, a recently launched crypto prime broker and part of Deus X Capital, appointed seasoned finance executive Tim Bevan as its CEO.
Cor Prime
IronFX UK Doubles Revenue to $1.4 Million in 2024, Net Profit Slips Slightly
IronFX UK Doubles Revenue to $1.4 Million in 2024, Net Profit Slips Slightly
By Finance Magnates
IronFX UK Doubles Revenue to $1.4 Million in 2024, Net Profit Slips Slightly
Notesco UK Limited, which operates the brokerage brand IronFX in the UK, has released its financial results for the year ended 31 December 2024.
ironfx
retail
retail brokers
retail forex
eToro Appoints Yaki Razmovich as Managing Director for Singapore and Asia
eToro Appoints Yaki Razmovich as Managing Director for Singapore and Asia
By Finance Magnates
eToro Appoints Yaki Razmovich as Managing Director for Singapore and Asia
eToro appointed Yaki Razmovich as Managing Director for Singapore and the wider Asia region. Razmovich brings more than 20 years of experience in financial services, with a deep focus on Asia’s reg...
With Argentex Sold for Nearly £3M to IFX Payments, Former CEO Launches B2B FX Startup
With Argentex Sold for Nearly £3M to IFX Payments, Former CEO Launches B2B FX Startup
By Finance Magnates
With Argentex Sold for Nearly £3M to IFX Payments, Former CEO Launches B2B FX Startup
Just months after Argentex's near-collapse, its former chief executive, Harry Adams, is back in the industry. Adams has launched a new London-based FX firm, Tenora, aiming to overhaul the way bus...
Tenora
Argentex
DogeOS Raises $6.9 Million in Funding Round Led by Polychain Capital
DogeOS Raises $6.9 Million in Funding Round Led by Polychain Capital
By Finance Magnates
DogeOS Raises $6.9 Million in Funding Round Led by Polychain Capital
The funding round will help launch Dogecoin App Layer.
Funding
Webull Adds Visa Direct for Instant Transfers; Expands into Binary Event Contracts
Webull Adds Visa Direct for Instant Transfers; Expands into Binary Event Contracts
By Finance Magnates
Webull Adds Visa Direct for Instant Transfers; Expands into Binary Event Contracts
Webull (Nasdaq: BULL), an online investment platform, has announced a partnership with Visa to integrate Visa Direct into its US operations.
Webull
retail FX
retail
Crossover Markets Expands to the U.S. as Crypto Regulations Ease Under Trump
Crossover Markets Expands to the U.S. as Crypto Regulations Ease Under Trump
By Finance Magnates
Crossover Markets Expands to the U.S. as Crypto Regulations Ease Under Trump
Amid more friendly crypto regulations in the US, Crossover Markets, the crypto asset trading technology firm, is preparing to launch its services for the US clients for the first time, the company ...
Crossover Markets
Inside Q1/2025: Top FX/CFD Websites and Asia’s Growing Influence
Inside Q1/2025: Top FX/CFD Websites and Asia’s Growing Influence
By Finance Magnates
Inside Q1/2025: Top FX/CFD Websites and Asia’s Growing Influence
Asia now drives 66.6% of FX/CFD site traffic. Explore key trends, top platforms, and what this shift means for brokers and traders in Q1 2025.
Finance Magnates Intelligence
qir
Why Is XRP Going Down? 5 Reasons Behind the XRP Price Decline in May 2025
Why Is XRP Going Down? 5 Reasons Behind the XRP Price Decline in May 2025
By Finance Magnates
Why Is XRP Going Down? 5 Reasons Behind the XRP Price Decline in May 2025
XRP News: Why is XRP going down? Explore the reasons behind XRP’s price drop to $2.08 on May 6, 2025, including bearish technicals, macroeconomic fears, and ETF delays
ripple. xrp
XRP
XRP News
iFX EXPO International 2025: The Global Hub for Online Trading Innovation Returns!
iFX EXPO International 2025: The Global Hub for Online Trading Innovation Returns!
By Finance Magnates
iFX EXPO International 2025: The Global Hub for Online Trading Innovation Returns!
Demand has once again exceeded expectations, with the expo floor already sold out.
iFX EXPO International
Rapyd Onboards Ex-Israel Securities Authority Attorney to Legal Team
Rapyd Onboards Ex-Israel Securities Authority Attorney to Legal Team
By Finance Magnates
Rapyd Onboards Ex-Israel Securities Authority Attorney to Legal Team
David Woliner has joined Rapyd, a global payments company that provides fintech services to businesses, as Senior Payments Legal Counsel.
moves
MOVE
industry move
executive moves
executive move
Rapyd
eToro’s $4B IPO: Too Pricey for Europe, a Bargain in the US?
eToro’s $4B IPO: Too Pricey for Europe, a Bargain in the US?
By Finance Magnates
eToro’s $4B IPO: Too Pricey for Europe, a Bargain in the US?
After months of speculation, eToro has finally kicked off its public listing roadshow. The Israeli trading platform is targeting a valuation between $3.
etoro
robinhood
broker
“Forever an eTorian” Shir Shalom Moves to $140 Billion Asset Manager
“Forever an eTorian” Shir Shalom Moves to $140 Billion Asset Manager
By Finance Magnates
“Forever an eTorian” Shir Shalom Moves to $140 Billion Asset Manager
Shir Shalom, who recently departed from eToro after nearly four years leading various projects related to risk management, has been appointed as Head of the Economic Department at Phoenix Financial.
etoro
Phoenix
executive move
CFTC Folds Its Hand in Election Betting Showdown with Kalshi
CFTC Folds Its Hand in Election Betting Showdown with Kalshi
By Finance Magnates
CFTC Folds Its Hand in Election Betting Showdown with Kalshi
The U.S. Commodity Futures Trading Commission ( CFTC ) has moved to voluntarily dismiss its appeal against Kalshi, effectively allowing the New York-based derivatives trading platform to continue o...
Kalshi
CFTC
event contracts
Predictions
Billionaires' Secret Swiss Accounts Just Cost UBS $511 Million
Billionaires' Secret Swiss Accounts Just Cost UBS $511 Million
By Finance Magnates
Billionaires' Secret Swiss Accounts Just Cost UBS $511 Million
UBS Group AG (UBS) has agreed to pay $511 million to resolve a U.S. investigation into tax evasion practices at Credit Suisse, the Swiss bank it acquired last year.
ubs
Credit Suisse
DOJ
US Department of Justice
Broadridge Deploys Autonomous AI Agents to Tackle Settlement Efficiency
Broadridge Deploys Autonomous AI Agents to Tackle Settlement Efficiency
By Finance Magnates
Broadridge Deploys Autonomous AI Agents to Tackle Settlement Efficiency
Broadridge Financial Solutions (NYSE: BR ) has upgraded its OpsGPT platform with new AI agent capabilities focused on fails research, inventory optimization, and email automation to help financial ...
Broadridge
Broadridge Financial Solutions
Ex-BDSwiss Executive’s CFDs Broker Sees Dubai’s Potential: Establishes Holding Company
Ex-BDSwiss Executive’s CFDs Broker Sees Dubai’s Potential: Establishes Holding Company
By Finance Magnates
Ex-BDSwiss Executive’s CFDs Broker Sees Dubai’s Potential: Establishes Holding Company
Sky Links Capital, a forex and contracts for differences (CFDs) broker established by a former BDSwiss executive, has formed and incorporated its holding company, Sky Links Holding Ltd, in the Duba...
Sky Link Capital
dubai
BDSwiss