The Cyprus Securities and Exchange Commission (CySEC) has officially withdrawn the investment license of FIBO Markets Ltd, finalizing a process the forex broker initiated late last year.CySEC announced the decision was made during its Aug. 25 meeting, formally revoking the company's Cyprus Investment Firm (CIF) authorization number 118/10. The regulator cited FIBO Markets' express renunciation of its license as the reason for the withdrawal.FIBO Markets Loses Cyprus LicenseThe move caps a months-long wind-down process that began in December 2024, when Fibo Markets Ltd (ex FIBO Group Holdings Ltd), told clients it would voluntarily surrender its CySEC license. At the time, the company said it expected the renunciation process to wrap up by April 30, 2025.“We deeply appreciate the trust you have placed in us over the years and regret any inconvenience this process may cause. We are committed to ensuring a smooth and transparent transition for all our clients,” the company commented back in December.FinanceMagnates.com reached out to company representatives for comment, but no response had been received at the time of publication.While the FiboMarkets.com website now states that the license has been surrendered, the FIBOGroup.com website remains active, and the company is regulated by the Financial Services Commission (FSC) in the British Virgin Islands (license number SIBA/L/13/1063).CySEC Takes Broader Regulatory ActionThe FIBO Markets license withdrawal comes alongside broader enforcement activity by CySEC. The regulator announced today (Thursday) that four other investment firms have lost their authorizations and been removed from the Investors Compensation Fund.CySEC withdrew licenses from Oasis Wealth Management Ltd, The Alternative GMI Ltd, Itrade Global (CY) Ltd, and Viverno Markets Ltd. The regulator simultaneously removed these companies from the ICF membership roster, though existing client compensation rights remain protected for past investments.It is worth noting, however, that these are purely technical moves stemming from the earlier withdrawal of licenses from the mentioned entities. For example, in the case of Viverno Markets, a B2B unit of BDSwiss, authorization was revoked in May after the company had not provided services for more than six months.The other three firms, including Itrade Global, which operates the Tradewell and TradeFW brands, had given up their licenses some time ago, as had FIBO. This article was written by Damian Chmiel at www.financemagnates.com.

Increased Custody Options to Give Stablecoins a BoostMany of the world’s largest banks have increased their crypto custody strategies recently.Earlier this year, both State Street and JPMorgan Chase announced plans to introduce a cryptocurrency custody service line in 2026, and US Bancorp has refocused on this service line. Now, we hear that Citi is looking to follow suit, with the global head of partnerships and innovation for the bank’s services division stating that it is prioritising custody for high-quality assets backing stablecoins.With the vast majority of stablecoin transactions taking place outside the banking system and the potential for these cryptocurrencies to enter the payments mainstream, banks have an obvious incentive to offer related services.JUST IN: Jim Cramer says JPMorgan CEO Jamie Dimon will "go all in on crypto" after calling it a fraud and a ponzi scheme last year. pic.twitter.com/nCBX6luDOF— Watcher.Guru (@WatcherGuru) July 14, 2025These moves are also partly a response to increased regulatory requirements – last month, the Hong Kong Securities and Futures Commission updated its controls for licensed custodians of virtual assets.Banks are particularly keen to benefit from increased appetite for virtual assets among institutional investors in the US, where a joint statement issued in July by the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) clarified the responsibilities of banks holding crypto assets for customers.Financial institutions under the supervision of the OCC have been able to conduct cryptocurrency custody activities as long as they implement appropriate third-party risk management practices.However, this trend is also evident in Europe, where Deutsche Bank reportedly intends to launch cryptocurrency custody services next year.Commerzbank launched a crypto custody offering for corporate clients in 2024, BBVA has partnered with Binance to provide off-exchange custody for its customers’ digital assets, and it has also been suggested that Sberbank is preparing to offer custody services for cryptocurrency assets.Regardless of location, though, banks will have to ensure their compliance teams are prepared for an increased workload and that their systems are capable of identifying potential anti-money laundering and counter-terrorism financing violations.UK Policymakers Digitally DividedThe head of the central bank and the government’s chief finance minister appear to be at odds over the future of digital money in the UK.In a speech to the National Bank of Ukraine in June, Andrew Bailey suggested that to pass the test of being money, stablecoins must provide assurance of nominal value and that many of the current versions do not quite reach that standard.He went on to say that he remained unconvinced of the need to create new forms of money such as central bank retail digital currency to realise the benefits of digital technologies in the area of payments.“To be clear, I am not against stablecoins,” he said. “I am not against central bank retail digital currency, but I question why it is needed if innovation proceeds as I think it should.”Read more: New FCA Crypto Custody Rules Would Force Firms to Upgrade SecurityBailey went even further during a recent media interview, suggesting that stablecoins created by banks and pegged to assets such as the dollar could pose a threat to the whole financial system and advocating focusing on tokenised deposits or digital money instead.These comments are significant as they come at a time when legislative developments in the US have encouraged the likes of Bank of America, Citi, and JP Morgan to issue stablecoins.In her latest annual Chancellor address, Rachel Reeves said she planned to advance developments in stablecoins, which are benefiting from growing demand for dollar-denominated assets that sit outside the traditional banking sector.Bailey’s remarks also point to differences of opinion not just between the Bank of England and the Chancellor of the Exchequer, but between senior figures within the bank. The executive director of financial market infrastructure told a recent conference that the Bank of England was open minded to stablecoins being able to provide innovation that could also be useful for wholesale markets.With the UK not set to publish guidelines on stablecoins equivalent to the Genius Act or MiCA until next year, key policymakers need to get their affairs in order.FCA Opens the Door for Retail Crypto ETNsAnother area where the UK lags its European rivals is in retail access to crypto exchange traded notes. ETN providers such as 21Shares, WisdomTree and Invesco have seen minimal trading in their professional investor products in the UK since they were introduced in May.These firms and others will hope that the FCA’s decision to allow retail customers access to these products from next month will set the scene for crypto ETFs and possibly even CFDs down the line, although the UK financial regulator remains wary of endorsing the latter, even with low leverage.To ensure the integrity of the products, the FCA has proposed that crypto ETNs would only be allowed to trade on an FCA-approved, UK-based recognised investment exchange and will have to provide accurate information to potential investors.You may also like: UK Crypto Firms Will Need to Collect Every Customer's Address, Tax Number from 2026One of the approved exchanges, LSEG, has analysed the listing and trading profile of the crypto ETNs on its market compared to other European primary exchanges to understand how these products currently trade.It says this analysis has revealed that crypto ETN volatility has profiled similarly to all individual stocks within the FTSE 100 and has been less volatile than stocks in the FTSE 250.JUST IN: ?? FCA to allow retail customers access to #Bitcoin and crypto ETNs. pic.twitter.com/LTl2V18WIT— Bitcoin Magazine (@BitcoinMagazine) August 1, 2025LSEG suggests that many of the 25 issuers that have listed more than 150 crypto ETNs with a variety of underlyings across Europe are keen to enter the UK market, and there is potential for considerable product innovation.The exchange observes that some €26 billion was traded on European exchanges in 2024 – an increase of more than 300% year on year compared to the previous 12 months – and expects similar growth this year.However, 21Shares has criticised the decision to prohibit access to products not listed on UK exchanges and called for a transparent eligibility framework for a broader range of cryptoassets as underlyings for crypto ETNs. It will be interesting to see to what extent these limitations affect the appetite of other providers to enter the UK crypto ETN market. This article was written by Paul Golden at www.financemagnates.com.

The countdown has begun; nominations for the Finance Magnates Awards 2025 close in just one week. This is your final chance to be part of the celebration of the Visionaries of Tomorrow, the companies shaping the future of finance. If your brand has not yet secured its place, now is the time to join one of the industry’s most important recognitions.Why the FM Awards MatterThe Finance Magnates Awards stand out because they combine community voting (50%) with an expert industry panel (50%), ensuring a fair and balanced process. Winning or even being nominated signals credibility, innovation, and market leadership. It’s an opportunity to stand alongside the brands that shape the future of finance.Exposure Campaigns for NomineesEvery nominee gains visibility through Finance Magnates’ global media and communication campaigns, which run before, during, and after the awards. These include:Pre-awards promotion across our platforms and social channelsDedicated PR campaigns highlighting nominees in each categoryInclusion in voting campaigns, reaching traders, brokers, fintech leaders, and decision-makers worldwidePost-awards recognition, including exclusive content, evergreen placements for winners, and global press coverageNominees are not just part of a voting process; they are positioned in front of the entire industry at every stage.Confirmed NomineesThe list of nominees is expanding across all categories: Global, Regional, National (B2C), and Institutional Trading, Services for Brokers, and Tech for Brokers (B2B). Together, they represent a cross-section of the industry’s best.These brands have taken the first step toward recognition, visibility, and industry validation:Each brand is now officially part of the FM Awards 2025 voting process, which combines 50% community votes with 50% expert panel evaluation.The Gala Dinner: Where Winners Are CelebratedAll winners will be announced at the FM Awards Gala Dinner in Cyprus on November 6, 2025. This black-tie event gathers top executives, fintech innovators, global brokerages, and media under one roof. More than just an awards night, the Gala is a premier networking event, giving nominees face-to-face access to industry leaders and new business opportunities.One Week Left to be part of the FM Awards 2025There are just seven days left to submit your nominations! Don’t let this opportunity pass to ensure your voice is heard and shine alongside your peers!➡️ Submit your nomination today and make sure your brand is part of the official lineup before time runs out.Disclaimer: Please note that submitting your details is the first step in the process; it doesn’t confirm your official nomination just yet. To become an official nominee and be included in the Awards process, a member of our team will reach out to you shortly with more details, including the available communication campaign packages. These packages are designed to give every nominee the exposure they deserve, before, during, and after the Awards, across our global network. This article was written by FM Contributors at www.financemagnates.com.

Complyport, MAP S.Platis, Quadprime, MAP Risk Management Services, MAPiTek and MAP FinTech Merge to Create Global AI-powered RegTech Powerhouse under UK-based ComplyMAP Group.A new era in global regulatory compliance and RegTech begins with the formation of London-based ComplyMAP Group, a consolidated powerhouse uniting Complyport, MAP S.Platis, MAP FinTech, Quadprime Cybersecurity, MAP Risk Management Services and MAPiTek under a one global management structure. This strategic merger positions AI-powered ComplyMAP Group as a leading global GRC and RegTech ecosystem in regulatory compliance, risk management, governance and technology-enabled solutions.With a strong presence across the UK, EU and UAE, ComplyMAP Group leverages decades of experience and a shared commitment to delivering excellence in Governance, Risk and Compliance (GRC), cyber risk, operational resilience consulting and regulatory technology (RegTech) innovation. The Group brings together market leaders with complementary strengths centres of excellence in each respective field and a combined legacy of trust, innovation, and regulatory expertise.“The launch of ComplyMAP Group represents more than a merger – it’s a bold step forward in reshaping how firms globally access compliance and RegTech solutions,” said Managing Director Luis Parra, the Group’s head of RegTech solutions. “Our clients can expect enhanced capabilities, broader geographical reach, and seamless integration across disciplines.”A Unified Brand IdentityComplyMAP Group has adopted the castle icon originally associated with Complyport’s 24 years supporting the UK financial services market as its official logo – a symbol of trust, resilience and continuity. This move has been embraced across all ComplyMAP Group (CMG) brands, each of which now carries the “ComplyMAP Group” designation within their brand name to reinforce the Group’s integrated identity.This strategic rebranding aligns all entities under one unified visual and operational framework, reinforcing group-wide consistency.All operations are now fully centralised at a global level, unlocking group synergies and supporting international expansion through coordinated service delivery and cross-border expertise.Expanded Services The merger augments the Group’s capabilities in several strategic areas:· Regulatory Technology (RegTech) solutions· AI Compliance Advisory Services· Compliance and GRC Consulting· Prudential Support & Risk Management· Cyber risk and resilience management support · ICT Infrastructure Support & ICT managed services · Expert Witness · Audits, Health Checks and Forensics · Outsourcing and Resourcing · KYC Managed Services· Financial crime full support· S.166 full support As part of the integration Quadprime, MAP RMS, and MAPiTek are now incorporated into Complyport, enhancing Complyport’s global service proposition in operational resilience, cybersecurity, and prudential regulation.Leadership UpdatesAs part of the integration, Pantelis Angelides (CEO of Quadprime) shall become Managing Director of Complyport’s Cyber Risk and Resilience Management services, and Panayiotis Antoniou and Panagiotis Vassiliades (Joint-CEOs of MAP RMS) shall become Managing Directors of Complyport’s Prudential and Risk Management Services. This unified leadership structure supports strategic growth, operational alignment, and the delivery of consistent, high-quality service across all jurisdictions.In addition, Greg Gregoriades has joined the Group as Managing Director of Information and Communications Technology Solutions, taking the lead on ICT managed services and infrastructure, further strengthening the Group’s capabilities in this growing area.To support the next phase of global integration and operational excellence, the Group has appointed Harri Petrou as Chief Operating Officer (COO), to oversee cross-functional coordination, optimise internal processes, and ensure the seamless execution of the Group’s strategic objectives.About ComplyMAP GroupComplyMAP Group is a global RegTech and GRC advisory group, uniting leading regulatory and technology brands from the UK, EU the UAE and beyond. With over two decades of experience, 1,500+ regulatory authorisations completed, and a growing portfolio of innovative compliance products, ComplyMAP Group is redefining the future of GRC RegTech.For media enquiries or further information, please contact:info@complymap.comhttp://complymap.comwww.complyport.comwww.mapsplatis.comwww.mapfintech.com This article was written by FM Contributors at www.financemagnates.com.

Danish online trading platform Saxo has joined the Platforms Association, a UK industry group that represents investment platform providers across Britain and Europe.Saxo Joins The UK Investment Platforms Trade BodyThe membership comes just over a year after the association launched in September 2024 to give platforms a collective voice on regulatory and policy issues. Saxo joins other firms offering ISAs, pensions and investment accounts to retail customers and financial advisers.The Copenhagen-based company has been expanding its UK presence as younger investors pile into online trading platforms. Under-25s now make up 15% of Saxo's new UK sign-ups, up from 9% in 2023, while female clients have tripled to 18% of new registrations.Keith Phillips, CEO of the Platforms Association, said Saxo's involvement would strengthen the group's influence with regulators."Platforms are democratizing investing, transforming how millions of retail investors and their advisors manage their financial futures," Phillips said. "Having Saxo's involvement significantly strengthens our collective voice."Among the founding members of the self-regulatory organization were nearly 50 companies, including Fidelity and Hargreaves Lansdown.Regulatory Focus Drives Membership PushThe Platforms Association was created to help members navigate evolving regulations and improve services for both retail investors and financial advisers. The group works with UK policymakers and regulators on issues affecting firms that handle custody and settlement of retail investor assets."We're delighted to join the Platforms Association at a pivotal moment of technological and policy evolution in our industry," said Andrew Bresler, CEO of Saxo UK. "A unified voice is essential to shape regulation and foster sustainable growth."The association has been expanding beyond basic platform services to cover distribution and managed portfolio services while promoting best practices across the sector.Trading Platform Boom ContinuesSaxo's membership comes as the firm reports strong growth numbers. New global trading clients jumped 132% year-on-year after the company revamped its pricing structure and launched a flexible ISA product.However, as for Saxo’s performance in the UK, through its subsidiary Saxo Capital Markets UK Limited, net profit in 2024 fell by nearly 32%, from £11.2 million to £7.6 million. Revenue also declined by 13%, dropping from just under £28 million in 2023 to £24 million last year.The Danish firm, which has operated in London since 2006, offers trading across more than 40,000 instruments and serves as a technology provider to over 120 financial institutions through its banking platform.Saxo manages more than $100 billion in client assets globally and employs over 2,100 people across financial centers including London, Singapore, Amsterdam and Hong Kong. This article was written by Damian Chmiel at www.financemagnates.com.

In today’s digital economy, trading is faster, more accessible, and more data-driven than ever before. But with this transformation comes an uncomfortable truth: security risks are rising just as quickly as opportunities. For traders, the integrity of a platform isn’t measured only by spreads, execution speed, or product range, it’s measured by the confidence that their information and assets are safe.At VT Markets, we believe safety isn’t a feature you add on top of a trading platform; it is the foundation on which trust is built. In an environment where cyber threats evolve daily, security must keep pace.The Changing Nature of Security in FinanceOver the past decade, financial markets have seen extraordinary innovation, from algorithmic trading to mobile-first investing. Yet the same digital transformation that empowered millions of traders has also opened the door to increasingly sophisticated cyberattacks.This reality places a responsibility on trading platforms: to anticipate risks before they arise, invest in security infrastructure, and make protection seamless for users. Security is no longer just a back-end concern-it is central to user experience.Security as User ExperienceToo often, security is framed as a trade-off: more protection means less convenience. But technology has advanced to the point where this no longer needs to be true. Features like biometric authentication and Passkeys show that platforms can offer faster, easier access while strengthening account safety.At VT Markets, recent updates are built around this principle. Traders can now choose biometric or passkey login, with One-Time Passwords (OTP) as the baseline requirement. We’ve reinforced our 2FA process: authenticator changes can only be made once every 24 hours, verified through SMS or WhatsApp, with additional checks from our customer service team.We’ve also introduced customizable in-app safety locks, letting traders control how often their session re-authenticates - 5, 10, or 15 minutes. These layered safeguards create an environment where security is ever-present but never intrusive.The Road AheadAs cyber threats continue to evolve, financial platforms have a duty to stay ahead. This is not about occasional upgrades but about building a culture of continuous improvement. At VT Markets, that means ongoing innovation, regular updates, and a user-first approach to security.Traders should not have to worry about whether their accounts are safe; that responsibility rests with us.A Shared ResponsibilityWhile platforms must lead the charge, security is also a shared responsibility. Traders play a role by enabling 2FA, keeping devices secure, and staying informed about emerging risks. Together, platforms and users can build a trading ecosystem where opportunity and safety go hand in hand.For us, the promise is simple: we will continue to evolve, innovate, and prioritize user safety, ensuring that every trade is underpinned by trust. This article was written by FM Contributors at www.financemagnates.com.

When Liverpool FC steps onto the pitch, fans see the energy, speed, and skill that create unforgettable moments. But behind every goal is preparation, strategy, and execution, the very same elements that define success in trading.The partnership between EC Markets and Liverpool FC isn’t just about logos on a jersey. It’s about a shared philosophy: empowering individuals to achieve excellence through knowledge, discipline, and the right tools.Let’s explore how the lessons from football can help every trader strengthen their game, while also learning specific strategies that make the difference between playing and winning in the markets.Studying the opponent vs studying the marketIn football, preparation starts with analysis. Coaches and players study their opponent’s strengths, weaknesses, and patterns. Liverpool FC doesn’t rely on guesswork, they rely on data, tactical planning, and practice.Trading demands the same approach. A successful trader studies:● Market trends using technical indicators such as:○ Moving Averages (MA): smoothing price data to identify the overall trend.○ Relative Strength Index (RSI): spotting overbought or oversold conditions.○ MACD (Moving Average Convergence Divergence): tracking momentum shifts.● Global events such as central bank policy, interest rates, and geopolitical changes that can shift currencies, gold, and stocks.● Trading strategies like scalping, swing trading, and intraday setups.Example strategy: Trend-following with moving averages● If the 50-day MA crosses above the 200-day MA (a “golden cross”), it signals potential long opportunities.● If the opposite occurs (a “death cross”), traders may look for short opportunities.EC Markets provides traders with professional platforms like MT4 and MT5, giving access to these tools, along with customizable charts and expert advisors (EAs) for automation. Just as Liverpool studies match footage, traders use historical data to prepare for future opportunities.Training the mind and building disciplineA footballer trains daily, not just physically but mentally. Keeping focus under pressure is what allows Liverpool players to perform in front of thousands of fans. One lapse in concentration can change the match.In trading, discipline is the difference between success and failure. Emotional decisions can destroy even the best strategies. Traders must:● Stick to risk management rules: Many professionals risk only 1–2% of their capital per trade.● Set stop-loss and take-profit orders: These ensure emotions don’t interfere once the market moves.● Avoid revenge trading: Just as a striker doesn’t take a wild shot to make up for a missed chance, traders shouldn’t chase losses with reckless trades.Example strategy: Risk-to-reward ratio● If a trader risks $100 on a trade, the potential reward should be at least $200 (a 1:2 ratio).● Over time, this ratio means even with a 40% win rate, the trader can remain profitable.EC Markets helps maintain this discipline with tight spreads, ultra-fast execution, and risk tools, allowing traders to focus on strategy rather than stress, just like Liverpool players focusing on their tactical plan.Execution: seizing the opportunityEven the best-prepared team must deliver when the whistle blows. Liverpool’s decisive goals often come from reacting instantly to a small opening.In trading, opportunities also appear quickly and disappear just as fast. Execution is everything. Traders need:● Ultra-low latency execution to avoid slippage.● Liquidity access so large orders can be executed smoothly.● Stable platforms during high-impact events.Example strategy: Breakout trading● Traders watch for prices consolidating in a tight range (like a team probing a defense).● When price breaks above resistance or below support, it often signals a strong move.● With EC Markets’ fast execution, traders can enter immediately as the breakout happens, maximizing potential gains.Execution turns preparation into results, both in football and in trading.Teamwork and supportFootball is never about one player, it’s about the whole team. Liverpool FC’s victories are built on defenders, midfielders, strikers, coaches, and analysts all working in harmony.Trading may look individual, but no trader succeeds entirely alone. Support systems matter. With EC Markets, traders gain:● Educational resources: trading guides and daily market insights.● Customer support: multi-language help available 24/5.● Client fund protection: a regulated, insured trading environment.Example strategy: Using a demo account as training ground● Just as Liverpool players practice drills before match day, traders can practice strategies risk-free.● A demo account lets traders test swing trades, scalping setups, or news trading before risking real capital.With the right team behind them, traders can focus on perfecting execution rather than worrying about logistics.Building a winning mindsetFootball teaches resilience. Even Liverpool, with its proud history, has faced defeats, but champions use setbacks as fuel to grow stronger.Trading works the same way. Losses are not failures; they are lessons. A trader’s mindset should be one of continuous improvement.● Keep a trading journal: record entries, exits, emotions, and results.● Review performance weekly to spot patterns of strength and weakness.● Adapt strategies when the market environment changes, just as a coach adjusts tactics mid-season.Example strategy: The 1% improvement rule● Instead of chasing perfection, aim to improve one aspect of trading each week (e.g., sharper stop placement, quicker exits, or more patience in entries).● Over time, these small improvements compound into major growth, mirroring how footballers progress through training.EC Markets supports this winning mindset with demo accounts, market education, and professional platforms designed to help traders grow into confident, disciplined performers.Conclusion: two worlds, one visionFootball and trading are connected by a simple truth: success comes from preparation, discipline, and execution.● Liverpool FC inspires through teamwork and determination.● EC Markets empowers traders through technology, education, and trading power.Together, they share one vision, to help individuals reach their full potential, whether on the pitch or in the financial markets. This article was written by FM Contributors at www.financemagnates.com.

Valutrades Limited, a UK-based online foreign exchange (FX) and contracts-for-difference (CFD) broker, posted a smaller annual loss for 2024 despite facing headwinds from reduced client activity and declining revenue.The London-based company reported a net loss of £2.59 million for the year ended December 31, 2024, compared to a loss of £3.82 million in 2023. While revenue increased 27% to £1.94 million from £1.52 million the previous year, the company attributed its improved bottom line primarily to aggressive cost-cutting measures.Valutrades’ Cost Reduction Drives ImprovementValutrades slashed its administrative expenses to £2.48 million from £3.48 million in 2023, helping offset what management described as a "challenging year" marked by fewer clients and reduced trading activity. The company cut its workforce from 19 employees in 2023 to 11 in 2024, with staff costs dropping to £600,000 from over £1 million the previous year."2024 was a challenging year for Valutrades which saw a reduction in overall client numbers and activity," the company stated in its annual report. "This was however balanced by some significant milestones including launching our first proprietary mobile app, launching a new website and client area, completing a rebrand and significantly reducing operating costs."The broker managed to turn its gross profit positive, reporting £125,241 compared to a gross loss of £387,418 in 2023. However, retail client funds held by the company declined to £1.78 million from nearly £2 million the previous year.Capital Injection Supports OperationsShareholders injected £2.6 million in new capital during 2024, bringing total share capital to £10.82 million. The funding came as the company's cash reserves dropped to £837,471 from £1.78 million at the end of 2023.Management, however, expressed cautious optimism about the business outlook, citing the cyclical nature of the markets it serves. The company expects "tough years to be balanced with easier years over the long term while the short to medium term focus remains on growth above profitability."The broker launched several initiatives in 2024 aimed at differentiating itself from competitors, including its first mobile app and website redesign. Directors indicated plans to continue investing in technology, staff, and business relationships to enhance expected profitability.Valutrades has accumulated tax losses of nearly £8 million that can be offset against future profits, though the company has not recognized these as an asset on its balance sheet.Industry Struggles in 2024The challenges facing Valutrades reflect broader market conditions affecting UK-based retail trading platforms. FXCM UK, operating as Stratos Markets Limited, also faced similar headwinds in 2024, with retail trading volumes dropping 19% to $243 billion despite managing to turn around its revenue picture with a small positive turnover of $103,606 compared to a $1.68 million loss the previous year.Like Valutrades, FXCM UK cited reduced market volatility as a key challenge, with the VIX average dropping to 15.5 in 2024 from 16.85 in 2023. Lower volatility typically translates to reduced trading activity and less revenue for CFD platforms. This article was written by Damian Chmiel at www.financemagnates.com.

Polymarket got the regulatory thumbs-up to return to American soil after a three-year timeout, with the Commodity Futures Trading Commission (CFTC) granting the world's biggest prediction market a no-action letter that clears its path back into US waters.“Kudos” to CFTC, Says Polymarket CEOThe CFTC's Wednesday decision lets Polymarket operate through QCX, a licensed derivatives exchange it bought for $112 million, effectively giving the platform legal cover to restart US operations. The regulatory body said it won't go after the company for certain reporting and recordkeeping rules that typically apply to derivatives platforms."Polymarket has been authorized to launch in the USA by the CFTC," CEO Shayne Coplan wrote on X. "Kudos to the Commission and Staff for their remarkable efforts. This achievement has been realized in record time".Polymarket has been given the green light to go live in the USA by the @CFTC.Credit to the Commission and Staff for their impressive work. This process has been accomplished in record timing.Stay tuned https://t.co/NVziTixpqO— Shayne Coplan ? (@shayne_coplan) September 3, 2025This does not change the fact that event contracts remain controversial: some view them as a disguised form of sports betting, while others see them as binary options; a product that, due to its gambling-like structure, has been completely banned in Europe.A Long Road Back From Regulatory ExilePolymarket got booted from the US market in 2022 after the CFTC slapped it with a settlement for running an unregistered derivatives platform. Since then, the company has built its business overseas while Americans watched from the sidelines as users bet on everything from presidential elections to sports outcomes.The timing couldn't be better for Polymarket's return. Event contracts exploded in popularity during the 2024 election cycle, with traders putting real money behind their political predictions. The July completion of a Justice Department probe that didn't result in charges helped smooth the regulatory waters.Wall Street Bets Big on Prediction MarketsThe prediction market sector is attracting serious investor attention. Polymarket's main competitor Kalshi just scored a $2 billion valuation from a $185 million funding round led by crypto investment firm Paradigm. That round included backing from heavyweights like Sequoia Capital and Citadel Securities CEO Peng Zhao."Kalshi is one of the fastest growing companies in America. We 50x'd our user base in the last year," Kalshi CEO Tarek Mansour told CNBC. The platform's sports betting contracts have become its bread and butter, with NBA basketball markets making up 50 of its 51 most-traded contracts ever.Even more traditional brokers are jumping in. Robinhood rolled out event contracts in recent months and launched a dedicated hub for users to bet on college basketball and interest rates. Interactive Brokers has also entered the space, looking to capitalize on the boom.The biggest surprise in recent weeks was the decision by Chicago derivatives giant CME Group, which partnered with online gaming company FanDuel to offer event contracts starting at $1 to sports betting fans.From "Digital Casinos" to Market InnovationThe sector still faces skeptics who dismiss prediction markets as glorified gambling. Critics call them "digital casinos," while supporters argue they're superior to traditional polling because people put actual money where their predictions are.CFTC Acting Chairman Caroline Pham has called prediction markets "an important new frontier," and some Wall Street observers think they could eventually rival stock markets in size. The platforms work differently from traditional gambling - instead of betting against the house, users trade contracts with each other that pay out $1 if an event happens.The regulatory breakthrough comes just a week after Donald Trump Jr.'s venture capital firm 1789 Capital invested in Polymarket, adding political star power to its comeback story. Trump Jr. joined the firm as a partner after his father's election victory, betting on the success of prediction markets that correctly called the 2024 race.With Polymarket's return and Kalshi's rapid growth, American traders now have regulated options to put money behind their predictions on everything from sports championships to economic indicators. The question is whether these platforms will prove to be lasting financial innovation or just another speculative fad. This article was written by Damian Chmiel at www.financemagnates.com.

IG Group (LSE: IGG) has started a new £125 million share buyback program, appointing Morgan Stanley as the executing broker for the multi-month initiative.The FTSE 250 company announced the program in July and confirmed today (Thursday) that Morgan Stanley will handle purchases according to predetermined parameters. The buyback aims solely to reduce IG Group's share capital, with all purchased shares moving into treasury rather than being canceled.IG Group expects the program to wrap up by January 30, 2026, though completion depends on share price movements and other capital requirements. The company authorized the buyback at its September 2024 annual meeting, with 23.8 million shares remaining available for purchase under current board authority.It is worth noting that this is not IG’s first share buyback. The company launched a similar program valued at £150 million last year and added another £50 million at the beginning of 2025.IG Group Schedules Quarterly UpdateIG Group plans to release its first-quarter fiscal 2026 trading update on September 25, which could provide insight into business performance and the rationale behind the timing of the buyback program.We last saw the company’s report at the end of July, when it published results for the 2025 fiscal year, showing revenues of more than £1.07 billion. IG reported that its organic fixed cost to serve per customer declined by 7% during the year, reflecting efficiency measures. The broker also introduced steps to strengthen income retention in its OTC business by capturing more spread revenue and lowering hedging expenses.“We expect these initiatives to deliver stronger customer income retention over the medium to long term and increase short-term variability,” said IG’s CEO, Breon Corcoran.Three major subsidiaries of the UK-based financial services group IG also reported stronger profits in fiscal year 2025, signaling a rebound from the mixed performance of the previous year.According to Finance Magnates Intelligence, the CEO of IG Group was the second-highest-paid executive among all publicly listed contracts-for-differences (CFD) brokers, with total compensation of about £3.35 million ($4.46 million) in fiscal year 2025. By comparison, CMC Markets’ Lord Peter Cruddas earned £1.1 million ($1.5 million), while Plus500’s David Zruia received $4.97 million. This article was written by Damian Chmiel at www.financemagnates.com.

New Zealand's financial markets watchdog wants to hear from the industry about how tokenization might reshape domestic markets, launching a consultation that could influence future rules for blockchain-based securities.“Do you think the current law helps or hinders domestic tokenization activity, and why?”. This is one of the questions posed to industry representatives regarding the growing trend among businesses and investors to move assets onto the chain, ranging from stocks and precious metals to real estate.New Zealand Regulator Opens Consultation on Digital Asset Tokenisation RulesThe Financial Markets Authority (FMA) released a discussion paper asking market participants to weigh in on opportunities and barriers for tokenized products. The regulator is particularly interested in whether existing laws help or hinder companies looking to offer digital versions of traditional investments."The pace of technological development is rapid and tokenization, like other emerging technologies, has the potential to influence the development of New Zealand financial services," said FMA General Counsel Liam Mason.The consultation comes as several businesses have approached the FMA this year about tokenization projects spanning industries from mining and forestry to real estate and carbon credits. Despite growing interest, the regulator notes that few firms have actually launched tokenized investment products for consumers.In other economies, tokenization is advancing rapidly, with Robinhood serving as a prime example. The company is putting strong emphasis on tokenized stocks. Vlad Tenev, the company’s CEO, called tokenization “the biggest innovation in capital markets in well over a decade.”New Products, Old LawsTokenization involves creating digital representations of assets on blockchain networks. Examples overseas include tokenized bonds, real estate fractions, and managed fund units that can trade around the clock on digital platforms.New Zealand's technology-neutral financial laws theoretically cover these products, but the FMA acknowledges the fit isn't always clear. The regulator can grant exemptions or designations to tailor rules for new business models, though this process creates uncertainty for startups.Current rules create some odd gaps. Virtual asset trading platforms that hold client funds face fewer protections than traditional share trading platforms, since most cryptocurrencies don't qualify as "financial advice products" under existing definitions.Projections for real-world asset (RWA) tokenization are significant, with estimates pointing to an expansion from $0.6 trillion in 2025 to $18.9 trillion by 2033. Even a small share of global equity trading being transferred to tokenized platforms could translate into substantial market volumes.Looking for “Balance” Between Innovation and ProtectionThe FMA’s approach to tokenized assets appears bittersweet. Potential benefits include 24/7 trading, faster settlement, lower costs, and access to previously illiquid asset classes. But the technology also introduces new risks around custody, smart contract vulnerabilities, and regulatory uncertainty."We have to balance ways to better support innovation and reduce regulatory barriers for companies and innovative products, while, at the same time, protecting consumers from harm," Mason said.The consultation reveals growing concern about virtual asset-related harm. In the first quarter of 2025, roughly 30% of misconduct allegations reported to the FMA involved virtual assets. The regulator points to past failures like Cryptopia's 2019 collapse and Dasset's liquidation in 2023 as examples of consumer risks.New Zealand Looks to Other CountriesInternationally, jurisdictions are taking varied approaches. Singapore has established comprehensive licensing for digital token service providers, while Hong Kong requires specific licenses for virtual asset trading platforms. The UK and Australia are developing new regimes set to launch in 2026.As for strictly tokenized assets, the European watchdog ESMA warned earlier this month that they could mislead investors, stressing the need to clearly explain to clients how they differ from actual shares.The regulator wants feedback on whether New Zealand needs bespoke tokenization rules or if tweaks to existing principles-based frameworks would suffice. Questions also cover operational challenges, consumer protection measures, and cross-border regulatory coordination."Having a constructive conversation with industry enables us to respond faster and make adjustments to rules and license conditions and seek law reform where needed," Mason said.The consultation runs until October 31, with the FMA planning to publish feedback summaries and preliminary responses. Follow-up actions could include guidance documents, licensing pathway clarifications, exemptions, or law reform recommendations to the government. This article was written by Damian Chmiel at www.financemagnates.com.

European Central Bank President Christine Lagarde warned that the EU must close gaps in stablecoin regulation to avoid destabilizing runs on reserves, Reuters reported. She told lawmakers that both EU and foreign issuers should face equal requirements.Stablecoin Risks Under EU RulesThe EU’s Markets in Crypto-Assets Regulation (MiCAR) requires stablecoins to be fully backed. Lagarde said the framework leaves room for risk if non-EU firms operate under looser rules. She urged lawmakers to demand equivalence regimes from foreign jurisdictions.“European legislation should ensure that such schemes cannot operate in the EU unless supported by robust equivalence regimes in other jurisdictions and safeguards relating to the transfer of assets between the EU and non-EU entities,” she said.Lagarde warned that holders may choose to redeem in the EU, where MiCAR bans fees and imposes stricter safeguards. That could concentrate pressure on reserves based in the bloc.“In the event of a run, investors would naturally prefer to redeem in the jurisdiction with the strongest safeguards, which is likely to be the EU,” she said. “But the reserves held in the EU may not be sufficient to meet such concentrated demand.”International Cooperation NeededLagarde added that without global standards, risks will shift to weakly regulated markets. “Without a level global playing field, risks will always seek the path of least resistance,” she said.Federico Cornelli, a commissioner at Italy’s market watchdog CONSOB, said EU rules must also reinforce that cryptocurrencies are not legal tender. “Only the euro issued by our ECB is legal tender, and this must be made very clear to all citizens,” he said.Related: ECB President Dismisses Bitcoin as EU Reserve amid CNB's $7B ProposalThe ECB, as chief banking supervisor and lender of last resort in the eurozone, has placed stablecoin oversight at the center of its stability mandate.Early this year, Lagarde said Bitcoin (BTC) is unlikely to be adopted as a reserve asset by EU banks. Her remarks came after the Czech National Bank (CNB) put forward a proposal to allocate 5% of public funds to Bitcoin as part of a diversification plan.The CNB was scheduled to review the proposal on January 30, with the potential allocation amounting to more than $7.3 billion, based on its $146 billion in total reserves. At the January 30 conference, Lagarde reiterated that Bitcoin does not meet the ECB’s criteria for reserve assets, which emphasize liquidity, security, and stability. This article was written by Jared Kirui at www.financemagnates.com.

Staff from two U.S. financial agencies issued a joint statement yesterday (Tuesday). The statement came from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).The statement clarifies the staff's view on trading specific crypto products. It notes that exchanges registered with the SEC or CFTC are not banned from facilitating trades in certain spot commodity products, including some crypto assets.By contrast, UK regulators have taken a more cautious approach. Retail access to spot crypto trading remains limited, and no comprehensive framework exists for mainstream exchange listings, although the FCA is proposing to lift the ban on crypto exchange-traded notes.Industry ReactionCommenting on the announcement, Zumo’s Founder and CEO Nick Jones said: “It’s only right that market participants have the freedom to choose where they trade spot crypto assets – and now they will have access to some of the world’s largest venues, such as the NYSE and Nasdaq.”He added: “It’s yet another example of the US deliberately and proactively embedding crypto in the mainstream while cementing its leadership in an industry that will come to redefine financial services.”Jones contrasted the U.S. approach with other major economies: “While UK legislators and regulators shy around taking any proactive crypto position, it's a reminder that those unashamed to demonstrate pro-crypto leadership are cornering this emerging area of innovation and growth.”Legal PerspectiveLegal experts remain cautious about the statement’s implications. Bill Morgan, a digital asset lawyer, questioned its practical impact: “How does this help crypto exchanges? They’re all pretty much still unregulated and not registered with the SEC despite the end of the SEC lawsuits. Not sure but maybe Coinbase has some trading activities registered with the CFTC.”How does this help crypto exchanges? They’re all pretty much still unregulated and not registered with the SEC despite the end of the SEC lawsuits. Not sure but maybe Coinbase has some trading activities registered with the CFTC https://t.co/siRNb2Rr0L— bill morgan (@Belisarius2020) September 2, 2025Market OutlookMatthew Sigel, VanEck's head of digital assets research, stated on X: “The NYSE, Nasdaq, CBOE, CME, etc, will soon have spot trading for BTC, ETH, and more.” The comment reflects expectations that major U.S. exchanges could offer spot trading for leading cryptocurrencies.? The NYSE, Nasdaq, CBOE, CME, etc, will soon have spot trading for BTC, ETH, and more. https://t.co/qZo3YsYDQA— matthew sigel, recovering CFA (@matthew_sigel) September 2, 2025Regulatory Leadership CommentsSEC Chairman Paul Atkins described the statement as a “significant step,” noting: “Market participants should have the freedom to choose where they trade spot crypto assets.”CFTC Acting Chairman Caroline D. Pham said the previous administration sent mixed signals on digital asset regulation: “Today’s joint agency statement is the latest demonstration of our mutual objective of supporting growth and development in these markets, but it will not be the last.” This article was written by Tareq Sikder at www.financemagnates.com.

Octa Markets Cyprus’ majority shareholder has lost his voting rights after the Cyprus Securities and Exchange Commission (CySEC) moved to restrict his management influence over the firm.Regulator Cuts InfluenceCySEC said Prozorov’s role as ultimate beneficial owner was “prejudicial to the sound and prudent management” of the firm. At its August 25 meeting, the regulator voted to suspend the exercise of his voting rights, which cover 95% of the company’s share capital. Prozorov is also barred from serving on the board or exercising any management duties. The regulator explained in a statement that the measures were designed to end Prozorov’s influence over the Cyprus Investment Firm (CIF).The Cyprus move follows enforcement actions in India, where authorities seized Prozorov’s assets, including a luxury yacht. India’s Directorate of Enforcement (ED) accused him and OctaFX of defrauding investors with false promises of high returns and laundering funds through mule accounts linked to shell e-commerce companies.India's InvestigationIndian regulators have previously fined OctaFX for operating without authorization, while Singapore also blocked access to its website earlier this year.Related: India “Cherry” Picks a Luxury Yacht in Probe Against OctaIn July, India’s Enforcement Directorate (ED) attached assets worth about $15.3 million linked to Prozorov as part of its ongoing investigation. The seized assets also included two houses in Spain, a minijet boat, and a high-end car.The yacht, named Cherry, is reportedly an Italian-built commercial vessel operating in the Western Mediterranean. The ED said the attachment order bars the sale, transfer, or mortgage of the assets, although the owner may continue to use them while the probe continues.A few weeks later, India’s securities regulator reached a settlement with Tauga Private Limited (formerly OctaFX India Private Limited) over its alleged links to OctaFX, which is now not authorized to operate in the country. The company reportedly agreed to pay INR 3.2 million (around $37,000) but did not admit or deny the regulator’s findings.Comments from the Company“CySEC has taken targeted governance measures to ensure that no shareholder can influence the management or decision-making of Octa Markets Cyprus Ltd. Our Board of Directors independently oversees the firm in line with MiFID II/CySEC rules,” the company told Finance Magnates.“None of the executives or managers of Octa Markets Cyprus Ltd is involved in any legal proceedings or investigations, nor are they associated in any way with the aforementioned organizations,” the company explained.“The EU operation (octaeu.com) is separate from offshore brands operating outside the EU,” the company added. “No systems, client onboarding processes, or payment rails are shared between the EU CIF and any non-EU entities. Additionally, Octa Markets Cyprus Ltd does not offer services in India.” This article was written by Jared Kirui at www.financemagnates.com.

Cryptocurrency exchange Bitget, and a separate crypto wallet service, Bitget Wallet, have integrated with Ondo Finance. This integration allows users to trade tokenized real-world assets.The move provides access to tokenized stocks and ETFs for users outside the United States. The companies are among the first to offer this service to a non-U.S. user base.Ondo Assets Expand to Bitget Platforms“With Bitget's exchange platform and the self-custodial wallet enabling Ondo's tokenized assets, we're bringing high-potential global investments to the crypto market without having to go through the hassle that was previously faced with accessing these instruments,” said Gracy Chen, CEO at Bitget.Through the new feature, users can browse and trade over 100 tokenized stocks and ETFs. Each token is tied to a real-world security. The tokens track the price of the underlying asset and its dividends. The tokens are backed by assets held with regulated custodians.Tokenized Stocks Accessible from One DollarThe minimum investment for these tokens is one dollar. The tokens use the liquidity of traditional equity markets, not onchain pools. This is done through Ondo's Global Markets infrastructure.You may find it interesting at FinanceMagnates.com: WFE Flags Market Integrity Threat from Tokenised Equities Amid Coinbase, Robinhood Plans.The service is available to eligible users. It is not available in some markets, including for some users in the United States. The tokens are currently on the Ethereum blockchain. They will later be available on Solana and BNB Chain.“Global investors can now access the largest selection of tokenized U.S. stocks and ETFs onchain. We saw stablecoins export the U.S. dollar by bringing it onchain. Now, Ondo Global Markets is doing the same thing for U.S. securities,” commented Nathan Allman, Founder and CEO of Ondo Finance. This article was written by Tareq Sikder at www.financemagnates.com.

Premier League clubs got stung for more than £22 million in hidden foreign exchange (FX) fees during this summer's transfer window, according to new analysis that exposes how currency brokers quietly skim millions from European player deals.The data from financial platform Glyde tracked 71 permanent transfers between June 16 and September 1, focusing on moves where English clubs had to convert pounds to euros to sign players from leagues like the Bundesliga, La Liga and Serie A. What they found was a systematic pattern of brokers adding hidden markups that clubs likely never noticed.Liverpool Leads Premier League in Hidden FX Transfer CostsLiverpool took the biggest hit, losing over £3.6 million to inflated exchange rates after spending nearly £280 million on players from Germany, Italy and Spain. But it wasn't just the traditional big six getting burned. Sunderland, fresh off promotion, ranked second with more than £2.2 million in hidden costs – a significant chunk for a club without the financial muscle of Manchester City or Chelsea.“Football transfers are negotiated down to the last detail, but what clubs don't see is the hidden cost eating away at their budgets when they move money across borders,” said Ellis Taylor, CEO and Co-Founder of Glyde. “That is money that should be going into performance on the pitch, not lining the pockets of brokers.”The worst individual transfer for hidden fees was Liverpool's £116 million capture of Florian Wirtz from Bayer Leverkusen, which cost an extra £1.5 million in FX markups. Hugo Ekitike's £79 million move from Eintracht Frankfurt to Liverpool added another £1 million in hidden costs.The practice, known as “skimming” in financial circles, works by brokers adding small percentage markups to exchange rates. A 1.3% fee might sound trivial, but when applied to a £100 million transfer, it quickly becomes serious money. The analysis shows brokers consistently added these hidden costs across deals involving British pounds, which got hit harder than euro-based transactions.You may also like: These 10 Football Clubs Can Ensure Marketing Success of Your FX, CFD BrandFX Costs Affect Clubs Across the LeagueThe top 10 worst-affected clubs collectively lost nearly £17 million, with Arsenal (£1.7 million), Chelsea (£1.6 million) and Tottenham (£1.4 million) all taking substantial hits. Even smaller spenders like Nottingham Forest and Wolves lost over £1 million each to currency markups they probably didn't know they were paying.Manchester United's £73.7 million signing of Benjamin Šeško from RB Leipzig generated £958,000 in hidden fees, while Newcastle's capture of Nick Woltemade from VfB Stuttgart cost an extra £897,000. These amounts represent money that could have been invested in squad development or infrastructure instead of disappearing into broker profits.The analysis used Glyde's exchange rate calculator, which has examined over 3,400 global transactions over three years to identify how brokers add undisclosed markups. The tool reveals costs that often exceed what organizations expect to pay for currency conversion services.Forex Industry Practices Under ScrutinyThe Financial Conduct Authority (FCA) has previously criticized hidden FX markups by traditional brokers as poor practice, yet the analysis shows the problem persists across different industries and transaction sizes. Transfers involving British pounds face average hidden costs of 1.3% compared to 0.9% for euro-based deals, despite the euro being Europe's most actively traded currency.With Premier League spending significantly outpacing other European leagues, English clubs face particular exposure to these practices. Currency fluctuations and opaque broker methods compound costs without clubs necessarily understanding the full impact. For example, the summer 2024 transfer window saw record Premier League spending exceed £1.7 billion on European players alone. This article was written by Damian Chmiel at www.financemagnates.com.

Bitcoin price (BTC) staged a notable recovery today, Wednesday, 3 September 2025, climbing above $111,000 after breaking through a two-week downtrend that had pressured the cryptocurrency since mid-August.Bitcoin Price Today Is Back Above Important LevelThe world's largest digital asset traded around $111,533 on Wednesday afternoon, marking a more than 4% gain across three trading sessions. The price had briefly touched $107,000 on Monday, its lowest level since early July, before beginning its current upward trajectory.The recovery brings Bitcoin back into a critical support zone between $110,000-$111,000, an area defined by previous highs from May and June that I have been watching closely in my previous technical analyses.Technical indicators suggest the recent decline may be losing steam. Bitcoin managed to close above a key downward trend line Tuesday for the first time since August 13, a development that many traders view as confirmation of a potential trend reversal.The cryptocurrency's relative strength index has also shown bullish divergence patterns, another signal that often precedes price recoveries in technical analysis.Why Is Bitcoin Price Going Up? Whale Activity and Institutional InterestMarket observers point to shifting dynamics among large bitcoin holders as a key factor in the recent price action. Paul Howard at Wincent suggested that a period of large holder rotation from Bitcoin to Ethereum appears to be concluding."The whale rotation from Bitcoin (BTC) to Ethereum (ETH) that took BTC below $110,000 has taken a pause and most likely is almost complete now," Howard said. "What I expect we see is a gradual grind higher with institutional flows coming back into BTC."The institutional narrative remains particularly compelling as Bitcoin exchange-traded funds continue attracting capital despite recent price volatility. Market participants are closely watching for signs of renewed institutional buying, which helped drive Bitcoin to record highs above $124,000 last month.Trading data reveals significant liquidation clusters building above current price levels, with approximately $90 million in short positions vulnerable to liquidation around $112,200. This suggests substantial upward pressure could emerge if Bitcoin continues its current trajectory.Bitcoin September Patterns and Market OutlookHistorically, September has proven challenging for bitcoin, with the month typically showing weaker performance compared to other periods. However, this year's backdrop includes several factors that could disrupt typical seasonal patterns."September is historically a poor performing month from a price perspective," Howard acknowledged. "However, I believe it could surprise by month-end given institutional interest and the consistent volumes we are seeing from OTC buyers this week."Jamie Elkaleh, Chief Marketing Officer at Bitget Wallet, notes that while September has historically been weak for Bitcoin, this year's decline maintains that seasonal pattern. However, the current environment presents more complexity than in previous years."September has historically been a weak month for Bitcoin, and this year's decline keeps that pattern intact," said Elkaleh. "Yet, the backdrop is more complex: a Fed rate cut now seen as highly probable could drive liquidity into crypto, even as rising gold and equities compete for flows. The approval of Bitcoin ETFs and policy tailwinds under the Trump administration could provide institutional support, but tariff impacts and regulatory developments remain critical swing factors."Federal Reserve policy expectations add another layer of complexity to the current market environment. With rate cuts now considered highly probable, some analysts expect increased liquidity flows into risk assets, including cryptocurrencies.The broader cryptocurrency market has shown signs of rotation, with bitcoin dominance falling from 61% to 57% over the past month. Ethereum and Solana have significantly outperformed bitcoin during this period, gaining 21% and 27.5% respectively over the 30-day timeframe.Stablecoin Infrastructure as Growth DriverLooking beyond immediate price movements, industry participants see stablecoins as a potential catalyst for broader cryptocurrency adoption. Howard forecasts that stablecoins will attract the majority of new capital entering the cryptocurrency ecosystem over the next 18 months."Stablecoins will attract capital as an alternative to FX and cross-currency payment services," he said. "With growth in trade financing particularly around MENA, South America & APAC, Stablecoins will act as a gateway to some of the majors."This infrastructure development could provide fundamental support for Bitcoin and other major cryptocurrencies as traditional businesses become more comfortable with digital asset operations.The current price action occurs against a backdrop of continued regulatory clarity in the United States and growing corporate adoption of cryptocurrency treasuries. While volatility remains elevated, many market participants view recent price levels as attractive entry points for longer-term positions.For now, traders are watching key resistance levels around $112,000-$114,000, where significant liquidation activity could either accelerate gains or provide selling pressure depending on market momentum. This article was written by Damian Chmiel at www.financemagnates.com.

From Funded Account Promises to Real PayoutsProp trading firms have surged in popularity, advertising cheap evaluations and access to “funded accounts.” The reality is often different: hidden resets, trailing drawdowns that erase gains mid-trade, and activation fees that make passing far more expensive than advertised.E8 Markets takes a different approach. Instead of promising “funded accounts,” E8 built Simulated Finance (SimFi): a transparent environment where traders use simulated capital on live-fidelity data, follow clear milestones, and earn real payouts for performance.The proof is already there: $58 million + paid to traders worldwide — on demand— with payout volumes accelerating every month.E8 Signature: Transparent Rules, Faster PayoutsThe launch of E8 Signature simplifies this even further. Traders can qualify across Forex, Futures, and Crypto under a single, standardized ruleset:6% profit target — clear and attainable, e.g. $6,000 on $100K.4% End-of-Day (EOD) trailing drawdown — calculated from the previous day’s close, not intraday spikes, meaning traders aren’t blown up mid-session by temporary volatility.Unlimited trading days — no ticking clock; just one trade every 60 days to remain active.Accessible starting point — initial evaluations begin at $98 for a $50K account. While this may appear low, it replaces the higher upfront costs of traditional models that add hidden resets and other fees later. With Signature, costs are clear from day one.Payouts — via bank transfer (USD) or crypto (BTC, ETH, USDT, XRP, etc.).Rather than layering traps, the program is structured to protect traders, reward consistency, and pay them faster.Grab your E8 Signature Futures →$58 Million Already Paid to Traders - And Growing FastIn an industry crowded with claims, payouts are the ultimate proof.E8 has already processed more than $58M in performance-based cash payments— on demand and on average in 10 hours, many faster. Traders aren’t left wondering whether their profits will arrive; they see them land.[Testimonial Placeholder] “I’ve traded with multiple programs, but this was the first time I saw a payout in less than a week. It made me realize the system was designed for me to succeed, not reset.”This combination of speed + reliability is what separates E8 from the noise.Crypto Comes to Simulated Finance — And with It, a Waiver That Changes the MathThe most significant addition to Signature is Crypto trading.Where most prop firms avoid the volatility of 24/7 markets, E8 has invested years in building a high-fidelity crypto environment with Binance infrastructure.This allows traders to:Access majors like BTC, ETH, and XRP plus trending assets such as SOL and AVAX.Trade under the same transparent EOD drawdown rules that protect against intraday wipeouts.Get paid via bank or crypto with proven rails.And here’s the launch advantage:Typically, platforms require traders to pay an activation fee once they pass evaluation.For 30 days, E8 is waiving that fee for Crypto milestones — giving traders immediate access to payouts at a major discount.This is not just an incentive; it’s a signal that crypto is now central to professional simulated trading.Start Trading Crypto with E8 Signature Evaluation→Beyond “Evaluations”: Advancing to the E8 Trader StageProp firm evaluations often loop traders endlessly through multiple steps. E8 Signature reframes that journey.Once traders meet their milestone, they advance to the Trader stage, where:Consistency is prioritized — rules like the 35% best-day safeguard ensure payouts reflect repeatable skill.Scaling is built in — payouts grow to $25K per account after a trader’s fifth cycle.Integrity is protected — payout buffers prevent withdrawals from triggering violations.It’s not about endlessly passing tests. It’s about earning based on performance and building a payout record you can trust.E8 Markets’ Verified Payouts →Support Beyond the RulesTrading can feel solitary. E8 integrates support at every stage:Discord community for peer collaboration and accountability.Analytics dashboards that track performance and highlight blind spots.Coaching prompts and tools to reinforce discipline and prevent tilt.This combination helps traders improve their craft while earning.The Founder’s VisionIn a recent interview, Dylan Elchami, CEO of E8 Markets, explained the thinking behind Signature:“I’ve blown up accounts chasing leverage. That experience taught me what traders truly need: rules they can trust, milestones they can hit, and payouts they can plan for. We built E8 Markets to create that system. Signature is our next step — simplifying even further and proving that transparency pays.”The Launch Incentive: 30 Days Only With $57M already distributed, Signature’s payout rails proven, and Crypto newly added, E8 is setting a new standard.For the next 30 days only:Crypto traders — and Forex/Futures traders looking to expand — can qualify without paying an activation fee at their first milestone.Accessible entry starts at $98, with costs clear and transparent.Same rails that have already powered $58M in payouts.When the window closes, activation fees resume.Start Futures Trading with No Activation Fee→Compliance & TermsE8 operates under a Simulated Finance (SimFi) model:Simulated environment; no guarantees of income.Risk models: End-of-Day (closed balance) or Trailing (peak-following).Payouts: bank transfer (USD) or crypto.Futures: positions liquidate at rollover; next-day risk = prior day’s closed balance.ESP Agreement, Terms & Conditions, and Privacy Policy govern participation.With user consent, E8 analyzes performance data to refine coaching and safeguards; no user trades are marketed as investments.The New Standard Traders Will Judge By: SimFi vs. Prop Firm NoiseProp firms promised funded accounts. E8 delivers payouts.With Signature’s single ruleset, protective guardrails, $58M in payouts already proven, and the first serious Crypto launch in the category, E8 is redefining how traders think about opportunity.It’s transparent. It’s fast. And until 8th September, it’s never been more accessible with no activation fee promo!E8 Signature isn’t just another challenge. It’s Simulated Finance — built to pay. This article was written by FM Contributors at www.financemagnates.com.

Taiwan Semiconductor Manufacturing (NYSE: TSM), is a contract chip producer that has regained attention from institutional traders following President Trump’s “One Big Beautiful Bill.”TSMC commands about two-thirds of the global foundry market, giving it a market capitalization exceeding $1 trillion, supported by the expansion of artificial intelligence applications. Despite its scale, new growth drivers remain, particularly under the U.S. legislation signed into law in July.The bill introduces 35% tax credits for semiconductor firms, potentially lowering costs for TSMC if it expands advanced manufacturing in the U.S. before a 2026 deadline. If utilized, TSMC could become one of the main beneficiaries, while competitors may face difficulty meeting the same terms. This dynamic could also lead to short-term price fluctuations across the industry.Market Growth and Revenue PerformanceThe global semiconductor market is projected to grow at a compound annual rate of 10.24% through 2030, reaching $1.29 trillion. That trajectory could push TSMC’s market capitalization toward $1.63 trillion and its stock to around $300.You may find it interesting at FinanceMagnates.com: Trump Eyes Intel Stake as Chip Politics Go Wild.Momentum in the sector has already exceeded forecasts. Global sales rose 19.1% in 2024, with further double-digit growth expected in 2025. TSMC reported Q2 2025 revenue of $30.07 billion, a record, while its AI-related business topped $10 billion for the first time.“TSMC posted earnings of $2.47 per share, beating expectations by $0.09,” said Steve Frauzel, head of market insights at Just2Trade. “The company raised its full-year revenue growth outlook to 30%, underlining confidence in its near-term trajectory.”Taiwan – the 21st largest economy in the world and producer of 90 percent of the world’s advanced semiconductor chip supply – deserves a seat at the table at the IMF.I thank my colleagues for joining me to pass the Taiwan Non-Discrimination Act.https://t.co/nVG5xexM9X— Young Kim (@RepYoungKim) June 26, 2025Analysts have also raised their targets. Needham’s Charles Shi increased his price target to $270 from $225, projecting AI revenues of $26 billion this year, rising to $33 billion in 2026 and $46 billion in 2027.Pricing power remains strong. The company’s 2-nanometer chips are reportedly priced at $30,000 apiece, 50% above its 3-nanometer products. The anticipated launch of 1.6-nanometer chips in 2026 could enable further increases.Trading OutlookFor institutional traders, the prospect of TSMC reaching a $2 trillion valuation is material. The company’s dominance in producing the most advanced chips, coupled with high barriers to entry, supports this outlook.Read More: Nvidia Visits TSMC as China Clouds Gather Over AI Chips.From its current valuation, TSMC would need to grow by about 75% over five years, equivalent to an 11% CAGR. This is below the company’s own AI revenue target of $90 billion by 2029, suggesting upside.As shared on @60Minutes, only 12% of the world’s semiconductors are manufactured in the US today, down from 37% only 25 years ago. It’s critical to increase investment in this on American soil. pic.twitter.com/XFqP0b8cJe— Pat Gelsinger (@PGelsinger) May 3, 2021The stock yields about 1%, implying potential 12% annualized returns if growth targets are met. With a forward price-to-earnings ratio near 28, valuations are demanding, but justified given the scale of opportunities in the semiconductor market. A fair value estimate of $280 appears reasonable, balancing growth potential with competitive risks.Geopolitical ConsiderationsGeopolitical dynamics remain relevant. Trump’s emphasis on domestic supply chains underpins future U.S. investment. At the same time, volatility is evident: U.S. Commerce Department official Jeffrey Kessler recently told TSMC and Samsung Electronics that waivers allowing them to send U.S. technology to Chinese plants may be revoked.TSMC’s Market PositionFew companies achieve dominance in a sector as strategically critical and fast-growing as semiconductors. TSMC not only leads in manufacturing the chips that underpin AI, but it also stands positioned to benefit from U.S. tax incentives should it deepen its U.S. footprint.The interplay of political support, market expansion, and technological leadership positions TSMC as a central stock for institutional traders to watch. If the company meets its AI revenue goals by 2029, it could consolidate its role as one of Wall Street’s defining performers of the decade. This article was written by Dmytro Spilka at www.financemagnates.com.

The price of XRP has retreated after encountering resistance at the $2.86 level, a point where it has faced selling pressure previously. This follows a strong bullish advance that began after the asset formed a double bottom pattern at a key support area.Meanwhile, a broader forecast for the cryptocurrency market anticipates a substantial rally beginning in October. This analyst prediction is based on a historical four-year cycle and a pivotal regulatory decision deadline from the SEC.Prediction Based on Historical CyclesA cryptocurrency analyst has predicted a major market surge. The forecast was made on a YouTube channel called YourPOP. It focuses on October 2025.The prediction is based on historical trends. The analyst cited the market's “four-year cycle.” This pattern preceded large rallies in 2013, 2017, and 2021. The fourth quarter is often strong for alternative cryptocurrencies.This outlook comes after a recent decline in the market. Bitcoin was trading near $111,000 at the time of the report. XRP was valued at $0.283. This represented a 5% drop for the week. However, XRP remains up 400% for the year.XRP ETF as a Key CatalystA key factor in the prediction is the potential for an XRP ETF. Betting markets on Polymarket show an 87% chance of approval in October. Nearly 10 applications are currently under review by regulators.Analysts project an approved XRP ETF could draw $5 to $8 billion in new investments. This is compared to the launch of Bitcoin ETFs. Leveraged XRP ETF assets already total $353 million.A U.S. Securities and Exchange Commission deadline in October is noted. New regulatory frameworks may also speed up the approval process. Decisions are expected between October and November. The report states that overall market sentiment is currently in “fear” territory. Many investors worry the market cycle has already peaked. The analyst disagrees with this view.#XRP Price Prediction: If the 2017 fractal holds, compressed and adjusted to today’s range, we could see XRP hit $9 by the first week of September! When XRP moves, it moves fast—expect a parabolic surge in just 4-5 weeks! #SOLO and #Coreum are primed to follow suit with… pic.twitter.com/fx4zXP6Kl7— James Crypto Space (@JamesCrypto87) July 29, 2025The analysis suggests that market tops are rarely predicted. It encourages a longer-term perspective. It references an investment strategy of buying during periods of fear.Broader Market OutlookThe forecast also mentions Ethereum. It suggests Ethereum could see a short-term drop to around $3,600. Some experts predict it could reach between $10,000 and $15,000 by the end of the year.The analyst believes these conditions could help XRP. The asset could break its all-time high of $3.68. Gains of 5 to 10 times its current value are suggested as possible.Short-Term Volatility, Long-Term OptimismThe analyst expects short-term volatility to continue. This is especially likely around new economic data. However, the conditions are described as setting the stage for a significant October. Historical trends, regulatory decisions, and current sentiment are cited as factors.I have more faith in $SOL breaking out than $ETHSolana has some sort of momentum, ETH had a good bounce but that's it for now. SOL/ETH still bearish as hell, BUT trying to break the H12 trend for the first time since early July— Cilinix (@cilinixcrypto) August 27, 2025XRP Holds Key Level as Analysts Debate TargetsAn analyst, Oscar Ramos, noted that XRP holders have shown resilience despite recent price changes. The asset is currently trading near $2.70. Historical trends indicate that September often sees weaker performance, while October and November tend to be stronger. Ramos suggested the $2.70 level could represent a potential buying opportunity based on technical indicators.A recent analysis by Discover Crypto noted that larger XRP allocations may yield limited returns unless prices reach extreme levels, which would require a market capitalization beyond the current total for the entire crypto market. Technically, the XRP/BTC pair shows tightening Bollinger Bands, indicating potential for a significant price movement.Several analysts have provided specific projections. CoinsKid identifies short-term support at $2.66 and a minimum upside target of $4.13. Cilinix Crypto sees near-term targets between $3.07 and $3.13, with $3.30 as a longer-term resistance level. DeepSeek AI expects a range of $3.50 to $5.00 by late 2025, with a longer-term potential of $8 to $15 by 2030.Other forecasts from James Crypto Space and Zack Rector suggest ranges up to $9 and $5–$15, respectively. All analysts note that these outcomes are dependent on broader market conditions, regulatory developments, and adoption trends. This article was written by Tareq Sikder at www.financemagnates.com.