Editorial

newsfeed

We have compiled a pre-selection of editorial content for you, provided by media companies, publishers, stock exchange services and financial blogs. Here you can get a quick overview of the topics that are of public interest at the moment.
360o
Share this page
News from the economy, politics and the financial markets
In this section of our news section we provide you with editorial content from leading publishers.

TRENDING

Latest news

Measuring What Matters: How Solitics Helps Trading Brands Tie KPIs to Real Value

For online brokers operating in one of the most competitive digital landscapes, growth isn’t just about reaching more traders - it’s about understanding which actions truly drive value. Yet, many still operate with outdated or generic performance indicators, measuring activity instead of outcomes.In a market defined by razor-thin margins, rising acquisition costs, and increasing user expectations, success now hinges on one thing: clarity. Clarity about what matters, what moves the needle, and how marketing and engagement strategies convert into revenue. Solitics is helping brokers get that clarity, through a product approach that transforms KPIs from passive metrics into drivers of ROI-focused decision-making.The Performance Blind Spot in Brokerage MarketingIt’s no secret that acquisition costs have risen sharply in recent years. But what’s less often discussed is how difficult it remains to connect these marketing investments to business outcomes. Campaigns generate leads, emails drive engagement, onboarding journeys convert - but which specific actions lead to funded accounts, higher trade volumes, or lasting retention?Most marketing teams still measure what they can easily track: click-throughs, form fills, app installs. But in high-value industries like trading, these metrics don’t go far enough. As Solitics’ VP Product notes:“For trading brands, not all goals are equal. Our KPI Management and value measurement capability closes the loop between user engagement and financial performance.” From Generic Metrics to Business-Critical KPIsSolitics provides trading brands with the ability to define, track, and optimise KPIs that directly align with strategic goals. Whether it's conversions from demo to real accounts, trade volume growth per asset, or first-time deposits and activations, every KPI can be tailored to reflect what truly matters to the business.These KPIs aren’t abstract. They’re embedded directly into customer journeys, allowing brokers to track campaign success as it unfolds - and adapt accordingly.For example, a broker might define a KPI that tracks how many users move from initial registration to first trade within seven days. Solitics not only captures that flow in real time, but allows marketing teams to attribute actual monetary value to each conversion - closing the loop between campaign and revenue impact.Monetising Marketing: Measuring Financial Impact in Real TimeWhere most platforms stop at tracking clicks or opens, Solitics goes further. Its value measurement capability lets brokers assign and calculate monetary value per goal - showing the direct financial outcome of each user action.This transforms reporting from a list of numbers into a strategic dashboard of value-driven insights. A campaign that drives fewer conversions, but higher-deposit users, can be identified and scaled. A journey with strong engagement but low ROI can be refined or re-targeted. It’s performance measurement grounded in commercial reality - not just marketing activity.Smart Segmentation, Smarter StrategyKPI measurement is most powerful when it’s specific. Solitics enables brokers to go granular — building KPIs around particular instruments, user profiles, or engagement types.A broker looking to boost GBP/EUR trading volume ahead of a macroeconomic event can define a volume-growth KPI for that segment, track it, and watch how it translates into revenue. Similarly, marketers running education-led funnels can measure the impact of different content paths, and shift budgets accordingly.In doing so, Solitics empowers brands to act faster, optimise smarter, and scale more efficiently - all without relying on gut feeling or retroactive analysis.Product-Led Growth, Backed by Real-Time DataWhat sets Solitics apart is its ability to integrate performance measurement into the same environment brokers use to build and execute customer journeys. Marketers aren’t left toggling between tools or waiting for data to catch up. KPIs are defined, triggered, and analysed in the same ecosystem.This unified view gives trading brands a powerful advantage: the ability to move from campaign design to financial insight in one continuous loop. Campaigns can be configured to adapt dynamically to user behaviour, outcomes, or KPI performance - including conditional logic and multi-path testing, and then optimised based on what actually drives revenue.About SoliticsSolitics is a real-time customer engagement platform, enabling online brokers, banks and fintech brands to deliver personalised, data-driven experiences at scale. Its KPI Management and value measurement capabilities help organisations align marketing with business outcomes — defining, tracking, and optimising success based on what matters most. This article was written by FM Contributors at www.financemagnates.com.

Read More

Exclusive: AETOS Shuts Down Offshore CFDs Broker Operations

AETOS, which gave up its United Kingdom licence last June, has now closed down its offshore operations under the Mauritius-licensed entity, FinanceMagnates.com has learned exclusively. The contracts for differences (CFDs) broker has stopped onboarding any new clients under its offshore unit."As part of a broader strategic review, AETOS has decided to step back from certain offshore markets, including our entities regulated in Mauritius and Seychelles," an AETOS representative told FinanceMagnates.com."After the market close on 12 September, client accounts and related trading services under these entities were transferred to two independent, regulated brokersThe Aussie Unit Remains OperationalThe AETOS representative further confirmed that the shuttering of the offshore business does not impact its Australia-based operations. The broker’s website still registers new customers if their country of residence is Australia. Residency in any other country is not accepted. "Importantly, this adjustment does not impact our operations in Australia," the representative continued mentioning the future of Aussie business following the shut down of offshore businesses. "AETOS continues to operate in full compliance with Australian regulations under its ASIC licence."The offshore operations were shut down only a month after AETOS gave up its Financial Conduct Authority (FCA) licence in the United Kingdom. The broker subsequently dissolved its UK entity, thus exiting the country entirely.Read more: Around 20% FCA-Regulated CFD Brokers Are InactiveAETOS is one of the older retail forex brokers, operating in the sector since around 2007. The brand was founded and is headquartered in Sydney. Chinese online entrepreneur Yongqiang Lu controls the overall brand.Many Exits from CFDsWhile many new brokers are entering the CFDs industry, several brands are also closing parts of their operations. Most exits are from the United Kingdom and the European Union.FinanceMagnates.com reported last month that Hirose Financial “permanently closed” onboarding new retail traders under its United Kingdom and Labuan-regulated entities. However, the broker's Japanese operations appear to still be running.ADSS and TrivePro are two other industry names that have closed their presence in the UK in recent years. ICM.com is also in the process of relinquishing its FCA licence. Orbex is another brand that shut its Cyprus-based operations last July and is now offshore with licences from Mauritius and Seychelles. This article was written by Arnab Shome at www.financemagnates.com.

Read More

N26, easyMarkets, XTB and More: Executive Moves of the Week

Ex-central banker takes N26 helmIn this week’s leadership shake-ups, German neobank N26 appointed former Bundesbank executive Andreas Dombret to chair its supervisory board. It follows tension between the founder and investor, with Valentin Stalf recently stepping down as CEO.Dombret, who served on the Bundesbank’s executive board from 2010 to 2018, will be nominated by founders and investors at an upcoming extraordinary general meeting.Find out more about the latest leadership changes at N26.easyMarkets moves CMO to the COO roleAt the same time, Garen Meserlian was appointed Chief Operating Officer at CFD broker easyMarkets. He moves from the role of Chief Marketing Officer, a position he has held since joining the company in 2023.The leadership change comes amid strong client activity at easyMarkets. In Q2 2025, the broker reported a 34% year-on-year increase in trading volumes.Show more about easyMarkets' latest executive changes.XTB appoints ex-Polish regulator to boardIn Poland, XTB named Bartosz Osiński as a Management Board Member for Risk, pending approval from the country’s financial regulator. Osiński brings experience from his previous work at Poland’s financial watchdog.The move comes as the retail trading platform seeks to strengthen its risk management amid heightened regulatory scrutiny.Discover more about XTB's appointment of a former regulator to the Board.Ultima Markets names new compliance headElsewhere, Ultima Markets enlisted Gareth Derbyshire as Chief Strategy Officer. The move comes as the broker prepares to expand into the United Kingdom, following its recent approval for a Financial Conduct Authority (FCA) license.Derbyshire, a compliance specialist, brings around 25 years of experience in financial services and has previously worked with several leading forex and contracts for differences (CFDs) firms in London.Learn more about Ultima Markets' appointment of Gareth Derbyshire as Chief Strategy Officer.Kalshi taps 23-year-old influencer for cryptoIn the crypto, U.S.-regulated prediction marketplace Kalshi has hired John Wang to lead the company’s expansion into digital assets.Wang, 23, is a former crypto entrepreneur and social media influencer who previously founded Armor Labs, a crypto company later acquired, and has advised various crypto startups. Kalshi CEO Tarek Mansour said he discovered Wang through his social media commentary.Highlight more about Kalshi’s latest appointment in the crypto space.IG marketing and product head departsLastly, Michael Logue departed IG Group after around thirteen years, most recently serving as Product and Marketing Director – International. He held senior roles across marketing, product, and analytics, including Head of Product and Marketing in London.Earlier in his career, Logue spent time at tastytrade in Chicago as Vice President of Growth, progressing from Revenue Analyst to Lead Analyst, before returning to IG.Display more about Michael Logue's exit from IG Group. This article was written by Jared Kirui at www.financemagnates.com.

Read More

Weekly Snapshot: FTMO Revives MT5 Access for Prop Trading in the US, Capital.com Pursues Japan License

Prop trading returns to MT5 in the USTwo leading proprietary trading firms, FTMO and The5ers, relaunched services for US-based traders after suspending them earlier this year. FTMO reintroduced access through MetaTrader 5, making it the only prop firm currently offering MT5 in the United States. In contrast, The5ers has opted for cTrader, aligning with the broader industry trend of adopting the platform. Before halting operations, The5ers reported that up to 20% of its traffic came from American traders and now expects the country to rank among its top two markets.Is prop trading making a real comeback in the United States, or will futures firms keep their dominance?The return of FTMO and The5ers comes after regulatory uncertainty, triggered by the collapse of My Forex Funds and a subsequent MetaQuotes ban, pushed many forex props to suspend operations in the country. In the meantime, futures-based firms like TopStep, Apex, and MyFundedFutures captured the market. Interestingly, the prop trading industry has taken steps toward self-regulation by creating The Prop Association (TPA), which offers certification and external dispute resolution. However, membership remains limited, indicating that most firms have yet to commit to the initiative.Is Colombia the next destination for forex brokers?In nearly a week, Colombia's regulator has extended permission to top forex brokers, the latest being Libertex Group. The group’s offshore brand LBX received approval to open a representative office in Bogotá, following a similar move by CFI.Earlier, Plus500 and Australian broker ACY received authorization from Colombia’s Financial Superintendence, reflecting rising interest from international brokers in the country’s financial market.Plus500's revenue driven by long-term clientsTalking about Plus500, the company’s H1 2025 results show that 84% of its revenue came from clients who had traded with the broker for more than 12 months. Additionally, 47% of revenue was generated by traders with over five years of experience, underlining the firm’s reliance on long-term clients for sustained income.However, not all traders are convinced this focus fully reflects market needs. One client noted that while broker offerings have improved, it would be encouraging to see this progress accompanied by greater activity in FX and CFD trading and more traders achieving profitability.Capital.com seeks Japan licenseElsewhere, Capital.com is preparing to enter the Japanese retail brokerage market and has begun the process of seeking a local license. As part of the preparations, Capital.com has opened a search for a Head of Compliance in Japan. The role will focus on managing the firm’s license application process, including coordination with both group executives and local regulators.Additionally, Capital.com is considering expanding into physical cryptocurrency services. The company has now begun recruiting for a “Head of Technology/Tech Lead – Digital Assets.Saxo Bank profits rise 18% Meanwhile, Saxo Bank Group reported a net profit of EUR 73 million for the first half of 2025, an 18% increase from EUR 62 million in the same period last year.The bank also expanded its client base to 1.39 million, representing a 13% increase from 1.23 million a year earlier. Saxo said the rise in client numbers was a key factor in pushing total assets to their highest level to date.Doo Group confirms Malaysia “inspections”Doo Group confirmed that its office in Malaysia was inspected this week as part of a nationwide crackdown on illegal call centers. The company said authorities visited several business premises, including its own, under the broader campaign. Following the visit, Doo Group issued a statement stressing that its operations remain fully compliant. The inspection came amid a large-scale police raid in Bangsar South. Local media reported that more than 100 individuals were detained during the operation.AI promises precision in trading but delivers biasLastly, AI adoption in UK trading is accelerating, with 22% of firms using the technology in 2024 compared to just 9% a year earlier. While the tools promise greater precision and efficiency, regulators caution that they may also introduce bias, collusion, and new forms of market instability.?️ Senate hearing reveals AI's massive impact on finance: fraud detection rates boosted 300%, preventing $50B in fraud over 3 years! But senators warn about bias, hallucinations & transparency issues. "We need balance between innovation and safety" says IBM's David Cox.… pic.twitter.com/WQGbjYxJrv— Dr Efi Pylarinou (@efipm) August 4, 2025Such limitations raise concerns that the rapid spread of AI-driven trading could expose brokers and investors to amplified risks while drawing heightened scrutiny from regulators. This article was written by Jared Kirui at www.financemagnates.com.

Read More

XRP Faces Bearish Pressure; Analysts Warn of Unrealistic Wealth Claims

XRPUSD showed a strong bearish move on the H1 chart and is trading near 2.82500 at the time of writing. The level had earlier produced a notable intraday bounce, suggesting it remains an area of interest. A bullish reversal could lead to choppy price action, while a break below may add further bearish pressure on the shorter timeframes.Analysts have disputed viral claims that small XRP investments could lead to significant wealth. They argued that such expectations are misleading and rely on unrealistic price projections.Market Cap Limits Challenge Higher TargetsA recent analysis from the YouTube channel Discover Crypto noted that even larger allocations would deliver limited returns unless extreme price levels are reached. You may find it interesting at FinanceMagnates.com: Bitcoin Finds Support; Analysts Highlight US Offshore Access Impact on Crypto.Higher valuations would require market capitalizations far beyond the current size of the global cryptocurrency market.XRP/BTC Pair Shows Technical SignalsOn the technical side, the review highlighted tightening Bollinger Bands in the XRP to Bitcoin pair, often a sign of major price moves. Support was identified around 2,500 satoshis, with potential targets of 3,000 and 4,200 if resistance levels break.Wyckoff Pattern Suggests Potential UpsideThe chart was also said to resemble a Wyckoff accumulation pattern, which can precede price gains. Based on this, targets between $4 and $5 were suggested, alongside a speculative case pointing much higher. However, the analyst cautioned that such outcomes would depend on adoption and capital inflows not currently visible.Analysts Outline Mixed Scenarios for XRP Amid Stable TechnicalsCrypto analyst Cilinix Crypto provided an update on XRP, noting that technical conditions are stable, though broader trends could support upward movement. Near-term targets were identified between $3.07 and $3.13, with $3.13 as the primary level, while a longer-term $3.30 target may face resistance. Read More: Bitcoin Correction, Fed Policy, and “Weimar Lite”: Analyst Warns of Volatile Decade.Other analysts have outlined various scenarios for XRP, currently trading near $2.90. CoinsKid projects a minimum upside of $4.13, noting a potential fifth-wave pattern, with short-term support at $2.66 and broader bullish outlook contingent on holding above $1.91. Forecasts differ widely, with DeepSeek AI expecting XRP to trade between $3.50 and $5.00 by late 2025, and longer-term projections extending to $8.00–$15.00 by 2030, influenced by regulation and adoption trends. James Crypto Space sees a possible $9 level if historical patterns repeat, while Zack Rector suggests a range of $5 to $15 depending on market conditions. This article was written by Tareq Sikder at www.financemagnates.com.

Read More

Binance Execution Services Aggregating OTC Liquidity for Tighter Spreads, Faster Execution

Binance, the world’s largest cryptocurrency exchange by trading volume and users, today announced it has upgraded its Execution Services to aggregate spot and options liquidity from an extensive network of liquidity providers, in addition to the exchange’s deep and proprietary native order books. The new approach prioritizes flow internalization, helping large-volume users improve speed, price performance, and execution time. Depending on their requirements, users can choose between OTC risk-pricing, and bespoke execution whereby the execution desk will leverage Binance’s algorithmic capabilities and market leading liquidity.Binance supports two primary types of algorithmic trading, Time Weighted Average Price (TWAP) and Percentage of Volume (POV), and users can directly manage their own algorithmic trade through the Binance VIP Portal as well as request for Binance VIP assistance in running their trading where they can specify certain instructions. As with traditional finance, over-the-counter or OTC trading lets users secure risk-pricing for large transactions to minimize slippage and avoid impacting the market, especially for illiquid assets. Binance will aggregate and submit the most competitive live OTC quotes when users initiate a request, and the trade can settle in as little as 15 minutes, a significant improvement over the industry standard of T+1. Users also have the flexibility of choosing a longer settlement window to fit their liquidity needs. Binance Execution Services appeals to a wide range of institutional and sophisticated users, including:Large-volume traders: users can lock in pricing for large-volume trades to minimize slippage they otherwise can encounter when trading on the order bookLong-time holders and less active “whales”: long-time holders with infrequent trading experience can find it more convenient and efficient to outsource execution Mid-sized entities: market participants such as mid-sized hedge firms can utilize OTC trading to complement their trading strategies and better competeHigh-frequency trading firms: participants that transact in high frequency trading can opt to become liquidity providers and leverage their very high volume requirements“Clients who prioritize pricing and speed for larger trades will enjoy our enhanced OTC service, and clients who prefer bespoke execution can also rely on us to fully manage the process for them. By tailoring solutions for the different segments, we help sophisticated clients from high-net-worth individuals and family offices to larger institutions optimize their crypto experience,” commented Catherine Chen, Head of VIP & Institutional at Binance.The number of VIP and institutional users on Binance grew by 21% and 20% respectively in H1/2025 as compared to H1/2024. Trading volume for the two categories grew by 10% and 12% respectively for the same period.“We are enhancing our execution capabilities alongside our other offerings to ensure we continue to be well-positioned to support our institutional clients’ growing demand for exposure to crypto,” added Chen.Institutional users can explore how Binance can enhance their trading experience by visiting Binance Execution Services or contacting Binance VIP & Institutional here.Disclaimer: The products and services referred to herein may be restricted in certain jurisdictions or regions or to certain users, in accordance with applicable legal and regulatory requirements. These materials are intended only for those users who are permitted to access and receive the products and services referred to and are not intended for users to whom restrictions apply. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.About Binance Binance is a leading global blockchain ecosystem behind the world's largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 280 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. About Binance VIP & Institutional Binance VIP & Institutional empowers institutions and private wealth clients with robust asset management infrastructure, personalized VIP services and advanced end-to-end institutional trading tools on the world's largest cryptocurrency exchange by trading volume and registered users. With deep financial services experience in both traditional and crypto markets, its global team of trusted experts provides VIP & Institutional clients with the support they need to confidently capitalize on the industry's deepest liquidity and tightest markets. This article was written by FM Contributors at www.financemagnates.com.

Read More

Bybit Pushes Gold Tokenization Through Blockchain TON Integration

Bybit has added tokenized gold (XAUT) to the TON blockchain, allowing deposits and withdrawals via XAUT0. The integration promises faster and lower-cost transactions, giving traders, investors, and institutions more ways to manage digital gold. Faster, Cheaper, and Flexible TransactionsAccording to the exchange, the TON network integration reduces fees and accelerates settlements for XAUT users. “By enabling this new channel for deposits and withdrawals, Bybit is expanding the utility of tokenized gold (XAUT) and offering traders, investors, and institutions more flexibility in how they engage with digital assets,” the exchange explained.The addition aims to also support interoperability with the TON ecosystem, one of the fastest-growing blockchains in the market. To coincide with the launch, Bybit is running a limited-time Earn campaign through September 26, 2025.New users reportedly depositing at least 0.02 XAUT qualify for exclusive staking rates. Existing users who deposit 0.04 XAUT or more are also eligible, while VIP users receive enhanced rewards and higher staking caps. Rewards are distributed on a first-come, first-served basis, highlighting the opportunity’s scarcity.The campaign underscores Bybit’s push to make digital assets more accessible and rewarding. By merging tokenized gold with TON’s blockchain infrastructure, the exchange offers users a chance to earn yields while exploring new opportunities in its growing product suite.Rising Interest in Tokenized GoldThe concept of tokenized gold is on the rise, with Finvasia backing UGold’s issuer as the asset’s market capitalization reaches $11.5 billion, FinanceMagnates.com reported. Last month, Finvasia confirmed that it will integrate UGold across several of its regulated entities and support the token with infrastructure and introductions.Read more: Finvasia Backs UGold’s Issuer as Market Cap of the Token Hits $11.5 BillionDistribution will take place through the group’s network spanning Europe, the United Arab Emirates, South Africa, the United Kingdom, and Australia. Last month, after several months of passive support, Finvasia took a stake in Genius Digital Partners, the developer of UGold. UGold has reportedly experienced sharp growth, with its market capitalization nearly doubling from $6 billion two and a half years ago to $11.5 billion today. Daily trading volumes have also surpassed $100 million, underscoring the increasing demand for tokenized gold as a digital investment vehicle. This article was written by Jared Kirui at www.financemagnates.com.

Read More

Bitcoin Finds Support; Analysts Highlight US Offshore Access Impact on Crypto

BTCUSD has experienced a strong bearish move on the H1 chart. The price appears to have found support near 1.09K, indicated by two consecutive bullish candles. Analysts suggest that if the support holds, a short-term rebound could occur, but a break below this level may increase bearish momentum and push the price lower.CFTC Move May Impact Domestic PlatformsA recent analysis shared on the YouTube channel Crypto World highlighted a recent advisory from the US Commodity Futures Trading Commission, which may allow American traders to access Binance and other offshore cryptocurrency exchanges. This represents a potential shift from previous restrictions and could increase market activity while intensifying competition for domestic platforms such as Coinbase.You may find it interesting at FinanceMagnates.com: XRP Consolidates at $3 as Analyst Cautions on Impact of US Economic Data.Current market conditions show Bitcoin in a short-term recovery, though broader indicators suggest limited upward strength. Resistance is noted near $112K–$117K, with support around $109K–$105K.NEW #Bitcoin & #Altcoin update! ?https://t.co/ZtQeuACk3i— Josh (@CryptoWorldJosh) August 29, 2025Altcoins Show Mixed Signals, Analysts WarnEthereum is trading within a defined range, with support at $3,900–$4,100 and resistance near $4,800–$4,900. Solana has established support at $190–$200 and is targeting $230. XRP shows bearish divergence on the weekly chart, indicating potential weakness. Chainlink is trading near $25, with resistance at $27 and support at $23.Analysts Outline Bitcoin Trends amid Market VolatilityFinancial analysts have shared views on Bitcoin’s recent price movements and market trends. John Pompiano noted that the recent decline may reflect seasonal and broader market factors, with corporate treasuries potentially influencing demand. He also discussed possible U.S. Federal Reserve rate cuts and broader economic conditions.If lower, this is the best support on Bitcoin.Most will probably get scared: https://t.co/ogEFY1qo9A pic.twitter.com/CTZZXLHSXp— BitcoinHyper (@BitcoinHypers) August 21, 2025Crypto analyst BitcoinHyper highlighted technical signals indicating short-term downtrends, noting that breaches of key support levels could lead to further corrections. Oversold indicators may allow temporary rebounds, though the overall trend remains cautious.Ryan Lee, Chief Analyst at Bitget, expects Bitcoin to trade within a defined range. He emphasized that higher leverage in futures markets and macroeconomic developments, including Fed policy, could affect price direction, with rebound opportunities balanced against potential corrections. This article was written by Tareq Sikder at www.financemagnates.com.

Read More

Admirals Cuts Operating Expenses by 20% but Reports €5.9M Loss H1 2025

Admirals Group AS has released its unaudited financial results for the first half of 2025. The period saw lower client trading activity across the Group’s core European markets.Net Income Drops, Admirals Posts LossNet trading income fell to EUR 13.3 million, down from EUR 22.0 million in the same period last year. Operating expenses declined by 20% to EUR 18.3 million, compared with EUR 22.9 million in H1 2024. The Group reported a net loss of EUR 5.9 million, wider than the EUR 1.2 million loss recorded in the previous year.The number of active clients was 23,190. Admirals is focused on rebuilding and expanding its client base following a temporary strategic pause in 2024.EU Client Onboarding Restarts After SuspensionLast year, Admirals voluntarily suspended onboarding of new European clients at Admirals Europe Ltd., in line with recommendations from the CySEC regulator. The suspension aimed to ensure regulatory compliance and maintain client trust.You may find it interesting at FinanceMagnates.com: Admirals UK Migrated EU-Resident Clients Out; 2024 Trading Volume Took a Hit.Client onboarding resumed in March 2025 after the required measures were implemented. User acquisition efforts intensified in the second quarter of 2025, as the Group sought to re-establish its presence in the EU market.Admirals Sells Australian Unit to PU PrimeMeanwhile, Admirals has sold its Australian unit to PU Prime, a forex and CFDs broker. The acquisition gives PU Prime an Australian Financial Services (AFS) licence. The Australian entity was renamed PU Prime Trading, according to the ASIC registry. Admirals announced the sale last December to a non-related party, stating it would streamline operations, optimise geographic focus, and contribute positively to the group’s net profit. PU Prime, previously operating from offshore locations, has yet to onboard Australian clients under the new licence. Admirals remains licensed in multiple countries, including the UK, Cyprus, and South Africa. This article was written by Tareq Sikder at www.financemagnates.com.

Read More

Falcon Finance Establishes Onchain Insurance Fund with Initial $10m Contribution

Falcon Finance announced the establishment of its dedicated onchain insurance fund today, a structural safeguard designed to enhance transparency, strengthen risk management, and provide protection for counterparties and institutional partners engaging with the protocol. The fund has been established with an initial $10 million contribution in USD1, which Falcon Finance has selected as its first reserve currency, with additional assets to follow. In addition, a portion of protocol fees will be directed into the insurance fund, ensuring that the fund’s expansion alongside Falcon’s ecosystem continues to provide sustainable, long-term protection.The Falcon Finance’s Insurance Fund operates as a financial buffer designed to protect the protocol and its users during periods of stress. It is structured to mitigate rare instances of negative yields and, when necessary, can act as the last-resort bidder for USDf in open markets to support price stability. In exceptional scenarios, Falcon Finance may also deploy additional reserves to reinforce the system’s resilience. By holding stablecoin reserves, the fund provides multiple layers of protection, such as offsetting unforeseen risks, compensating for potential losses, and ensuring that sUSDf yield commitments are met even under adverse conditions. With this Insurance Fund, Falcon provides a verifiable layer of resilience and accountability, which offers institutional users confidence that their engagement with Falcon is supported by onchain insurance safeguards. This announcement follows a series of landmark achievements in recent months. Earlier this summer, World Liberty Financial (WLFI) made a strategic investment in Falcon Finance, accelerating technical integrations between USDf and USD1 and validating Falcon’s role as a partner of choice in stablecoin development. Just two weeks ago, Falcon unveiled its 18-month strategic roadmap, highlighting its transformation into a full-service financial institution that connects traditional banking and decentralized finance. That announcement also celebrated Falcon’s milestone of surpassing $1 billion in USDf circulating supply, recognition as a top 10 stablecoin across all chains, and an overcollateralization audit from ht.digital, which is further proof of Falcon Finance’s rigorous approach to compliance and transparent risk management.These advances build on Falcon’s recent achievements, such as completing the industry’s first live mint of USDf against Superstate’s tokenized U.S. Treasury fund and introducing weekly proof-of-reserves attestations. Together, they establish Falcon as a platform where sustainable yield generation, composable liquidity, and institutional-grade safeguards converge. The introduction of the onchain insurance fund is a natural continuation of this mission and a visible demonstration of confidence in Falcon’s infrastructure.Andrei Grachev, Managing Partner of Falcon Finance, commented: “Establishing this Insurance Fund is about embedding resilience at the core of our infrastructure. We are demonstrating that trusted, verifiable assets can provide the foundation for onchain insurance. This marks the next phase in Falcon’s mission to align transparency, compliance, and sustainable yield for institutions globally.”With the establishment of this Insurance Fund alongside Falcon Finance’s rapidly expanding roadmap of fiat corridors, multi-chain deployments, and real-world asset tokenization, the company continues to position itself as the infrastructure layer that connects capital, collateral, and utility across the global financial system.About Falcon FinanceFalcon Finance is building a universal collateral infrastructure that turns any custody-ready asset, including digital assets, currency-backed tokens, and tokenized real-world assets, into USD-pegged onchain liquidity.By bridging onchain and offchain financial systems, Falcon gives institutions, protocols, and capital allocators a simple way to unlock stable and yield-generating liquidity from the assets they already hold.Learn more: https://falcon.finance/About World Liberty FinancialWorld Liberty Financial (WLFI) is a pioneering decentralized finance (DeFi) protocol and governance platform inspired by the vision of President Donald J. Trump. WLFI develops transparent, secure, and accessible financial tools, including institutional-grade products designed to broaden participation in decentralized finance. For more information, visit https://www.worldlibertyfinancial.com/ This article was written by FM Contributors at www.financemagnates.com.

Read More

Venezuelan Oil Keeps Flowing to the US as Warships Crowd Caribbean

Venezuelan crude is still reaching US ports despite sanctions and a US naval buildup. The oil flows today. Tomorrow is a question mark.Oil Moves While Rhetoric SpikesEveryone is pretending it isn’t happening, but oil is still moving from Venezuela to the United States in the middle of a diplomatic knife fight. Business Today flagged the issue, citing energy analyst Anas Alhajji: “Today, we have tankers arriving from Venezuela delivering oil to the United States despite the sanctions.” The point was delivered with a side of realpolitik. The trade is happening. The rules are a moving target. The Chevron Carve-Out in ActionWhat keeps the flow alive is not magic. It is licensing. In July, the US Treasury reportedly issued a restricted license to Chevron that allowed operations and exports from Venezuela to resume after a pause. Two Chevron-chartered tankers, Mediterranean Voyager and Canopus Voyager, loaded Boscan and Hamaca crudes and reached US waters. That is not rumor. It is shipping threaded through a sanctions maze that Washington built, then partially unlocked for one company.US warships are closing in on Venezuela "One of the reasons we have...given licenses to Chevron and a number of service companies...is to make it easier in the recovery of oil production..after the regime is replaced.”-Elliot Abrams on Venezuela?? during the 1st Trump… pic.twitter.com/j5XtBYd66j— Going Underground (@GUnderground_TV) August 27, 2025Double Standards or Just Another Friday?Alhajji did not hold back on the optics. He pointed out that tankers are arriving from Venezuela while Washington publicly punishes some buyers and quietly creates exceptions, even as Europe keeps importing Russian gas and LNG. He also noted, “The US still imports uranium from Russia. No one is saying anything about it.” You do not have to agree with the framing to recognize the punchline. Energy policy often reads like a choose-your-own-principles adventure. Caracas to the Pentagon: Not TodayAcross the water, the mood is not calm. Al Jazeera quotes President Nicolás Maduro telling troops, “There’s no way they can enter Venezuela,” while vowing the country is ready to defend its sovereignty as US warships arrive to run an anti-cartel operation in the Southern Caribbean. Maduro’s line was not subtle, and it was not meant to be. It was domestic theatre and strategic messaging in the same breath.An Armada, an EchoSeven US warships and a nuclear-powered fast attack submarine are in or heading to the region. More than 4,500 US service members are aboard, including about 2,200 Marines. Those are not rhetorical devices. They are hulls, engines, and payrolls. Caracas has answered with its own show of force, sending warships and drones to patrol the coast and urging militia recruitment. None of that turns valves, but all of it raises the risk that politics, not geology, decides where barrels go next."Venezuela??....we would have taken it over. We would have gotten all that oil."-Donald TrumpThe US now is sending warships to the coast of Venezuela under the guise of ‘countering drug trafficking’ https://t.co/x7muS1CsvN pic.twitter.com/rqpvIjUFp3— Afshin Rattansi (@afshinrattansi) August 27, 2025Maduro’s government has also deployed 15,000 troops to the border with Colombia to confront drug-trafficking groups. You can read that as law-and-order theater or border security. Either way, it adds to the sense of a tightening perimeter around an oil trade that is simultaneously open and precarious. Today’s Barrels, Tomorrow’s Question MarkPut the pieces together. On the one hand, the market has a functioning channel. Chevron’s shipments show that sanctioned energy can still thread the needle if the paperwork aligns. On the other hand, the military temperature is rising, and leaders are getting a little hot under the collar. Oil companies do not like uncertainty. Traders like it even less. One policy memo in Washington or one incident at sea could flip the script from carve-outs to clampdown in a day. That is the part nobody can model.What to Watch NextWatch the license terms. If the restricted license that enabled Chevron’s movements is narrowed, the flow tightens. If it is extended, barrels keep crossing the Gulf. Watch the choreography at sea. More ships, closer passes, or a hot mic could spook insurers and charterers faster than any press conference. And listen for fewer speeches and more customs stamps. In this story, the most honest sentences are on bills of lading.For more stories from the edges of business and finance, visit our Trending pages. This article was written by Louis Parks at www.financemagnates.com.

Read More

Foti Markets: Redefining Trading Performance

In the fast-moving world of online trading, the choice of broker can define a trader’s success. Foti Markets is emerging as a trusted name, delivering a trading environment built on trust, performance, and unwavering support. The company’s philosophy is simple: provide the essential tools and conditions that traders and Introducing Brokers (IBs) need to succeed. By combining advanced technology with human support, Foti Markets is shaping a balanced ecosystem designed for long-term growth. Today, the company proudly serves clients in 25 countries and territories, reflecting its growing international footprint. Addressing the challenges traders face Market volatility demands speed and precision. High transaction costs can diminish return. Foti Markets tackles these challenges head-on by offering low-cost trading, instant execution, and flexible options, designed for traders who refuse to compromise. As an A-book broker, Foti Markets sends all client orders directly to top-tier liquidity providers with no dealing desk intervention. This ensures transparency, fair pricing, and execution that traders can rely on. Core Advantages for Modern Traders Foti Markets delivers a powerful set of features designed to empower traders with a feature-rich offering focused on cost reduction, speed and flexibility. These allow traders to implement their strategies with greater precision and confidence. These advantages form the foundation of Foti Markets’ success: ● Ultra-Low Commissions: Maximize profitability on every trade. ● Tight Spreads: Trade with precision across forex, crypto, stocks, indices, and commodities. ● Lightning-Fast Execution: Orders filled instantly to minimize slippage. ● Flexible Leverage up to 1:500: Tailored to suit diverse strategies and risk appetites. ● Instant Withdrawals: Withdrawal requests are processed in seconds, anytime, 24 hours a day, seven days a week. ● Round-the-Clock Support: A dedicated global team is always available to help. The power of the MT5 platform The broker’s environment is built on the MetaTrader 5 (MT5) platform, a top choice for traders worldwide. MT5 is a complete trading solution, offering advanced charting and technical analysis tools; multiple order types and risk management options; and even Expert Advisors (EAs) support for automated strategies. Available on desktop, web, and mobile, MT5 ensures traders can monitor the market, manage positions anytime, anywhere. Backed by Foti Markets’ low-latency infrastructure, traders get true-to-market pricing with reliability and speed. Building a Global Partner Network Foti Markets values collaboration and empowers Introducing Brokers (IBs) with attractive incentives, transparency, and dedicated support. Trusted by partners worldwide, the platform offers reliability and lasting relationships, enabling IBs to confidently connect traders with a broker committed to growth and long-term success. For partnership opportunities, traders and IBs can reach out at support@fotimarkets.comMeet Foti Markets at iFX EXPO Asia 2025 Foti Markets is excited to announce its participation in iFX EXPO Asia 2025 in Hong Kong, one of the financial industry’s premier global events. This is a perfect opportunity to meet the Foti Markets team in person, explore the trading platform live and discuss your needs as a trader or explore partnership opportunities as an IB. Meeting face-to-face is a great way to understand the culture and vision of a company. The team looks forward to demonstrating the platform and answering your questions. You can contact Foti Markets directly via email media@fotimarkets.com to book a meeting and join them in Hong Kong. Disclaimer: Trading complex financial instruments involves significant risk and may not be suitable for everyone. The information provided by Foti Markets is for reference purpose only and does not constitute investment advice. Make sure you fully understand how these instruments work and carefully consider whether you can afford to take the high risk of losing your capital. This article was written by FM Contributors at www.financemagnates.com.

Read More

Ultima Markets Enters Football: Becomes Inter Milan’s Sponsor

Ultima Markets, which recently obtained a United Kingdom licence, is now entering the football arena with a multi-year deal with Italian football club Internazionale Milano (Inter Milan), also known as the Nerazzurri. The deal is specifically for the Asia region.A Strategic Sports Entry for UltimaThe sponsorship deal has earned the broker the status of Official Regional Partner. It appears to be the broker’s first sports sponsorship.“Our collaboration with Inter Milan goes beyond brand exposure to create meaningful connections that bring fans closer to both the game and financial empowerment,” said Gareth Derbyshire, Chief Strategy Officer at Ultima Markets.Read more: Former Plus500, CMC Markets Compliance Head Joins Ultima MarketsThe scope of the sponsorship will include co-branded content, digital activations, and educational initiatives aimed at the Asian financial and sports communities.However, neither the broker nor the club disclosed the financial terms of the sponsorship.Interestingly, Italian broadcaster FCInter1908 earlier reported that Inter Milan would end partnerships with smaller sponsors worth less than €500,000 per season. However, those deals were focused on global partnerships, not regional ones.Related: How Much Fancy Sport Sponsorships Actually Cost?Nerazzurri Has Over 295 Million Asian FansInter Milan is a household name in football. It is one of Italy’s top clubs, finishing second in last year’s domestic league. Founded in 1908, Inter’s legacy includes 20 league titles, three UEFA Champions League trophies, and the historic 2010 treble.The club is also dominant on social media. Its official Facebook page has 33 million followers, while Instagram has 14.4 million followers.According to a report by Il Sole 24 Ore, the club has a fan base of over 533 million across social media, recording the second-largest growth in football fan engagement over the last five years.Its popularity is also growing in Asia. The same report highlighted that Inter has 154 million followers in China alone. Earlier this year, Chinese electric car manufacturer BYD also signed a sponsorship deal with the Italian football giant.“The partnership [with Ultima] represents an important step in further strengthening our presence in Asia, where our club stands as one of the most supported, with a fan base of over 295 million,” said Giorgio Ricci, Chief Revenue Officer at FC Internazionale Milano. “Thanks to this agreement, we will be able to engage our fans through innovative and dynamic initiatives.” This article was written by Arnab Shome at www.financemagnates.com.

Read More

Swissquote Donates CHF 2.5 Million to Swiss University to Promote Data Security Research

Swissquote (SWX: SQN) has donated CHF 2.5 million to the Zurich Information Security & Privacy Centre (ZISC) at ETH Zurich, a public university in Switzerland, to support research and education in data security, the company announced today (Friday).Supporting Data Protection Research“The funding will strengthen research and education over the long term in the areas of information security, fraud prevention, and data protection,” Swissquote noted.ETH Zurich has built a strong reputation in information security research, covering areas from cryptography and network design to secure hardware and artificial intelligence. Its researchers have contributed to the development of new encryption protocols, formal verification methods, and large-scale projects such as SCION, an alternative internet architecture aimed at improving security and reliability.The university also works closely with industry through the Zurich Information Security & Privacy Centre, making it a key player in shaping both academic research and practical approaches to cybersecurity.Read more: Swiss Love to Trade Forex on Swissquote, but Not Other EuropeansSwissquote’s decision to donate also aims to strengthen research into tackling widespread financial fraud.“Cybercrime is evolving rapidly: new forms of AI-powered fraud are increasingly challenging financial institutions and other service providers,” the company added. “ZISC brings together researchers and industry partners to develop innovative technologies, methods and strategies to counter digital threats.”The digital bank and broker highlighted that its financial support will “advance the development of new security solutions and accelerate the transfer of knowledge between research and practice.”Swissquote’s Business Is BoomingFinanceMagnates.com earlier reported that Swissquote generated a net revenue of CHF 358.2 million ($444.2 million) in the first six months of 2025 and ended with a pre-tax profit of CHF 185.2 million ($229.6 million). Its net profit reached CHF 158.2 million ($196.2 million), up 9.4 per cent.The company has now raised its full-year pre-tax profit guidance to CHF 365 million ($452.6 million) from CHF 355 million ($440.2 million). It is also expecting to generate around CHF 700 million in revenue, up from CHF 675 million. This article was written by Arnab Shome at www.financemagnates.com.

Read More

Japanese FX Broker Gaitame’s H1 Revenue Leaps 48%: Brings CHF 25M to Swiss Parent

Compagnie Financière Tradition (SWX: CFT), an inter-dealer broker and operator of a Japanese retail forex trading platform, ended the first six months of 2025 with a consolidated revenue of CHF 632.1 million, a growth of 12.3 per cent at constant exchange rates.Japanese Business Is GrowingWhile the inter-dealer broking (IDB) business’ revenue jumped by 11.2 per cent to CHF 607.6 million, its Japanese online retail forex trading business, under the brand Gaitame, brought in CHF 24.5 million, a yearly jump of 47.6 per cent.For context, Gaitame generated CHF 35 million in revenue for the whole of 2024, when its annual business increased by 22.6 per cent.You may also like: Capital.com Seeks Japan Licence“This performance was supported by elevated market volatility driven by ongoing uncertainty surrounding monetary policy, new trade barriers, and heightened geopolitical tensions,” the company’s announcement today (Friday) noted.The consolidated operating profit of the Swiss company came in at CHF 103.5 million, a jump of 32.5 per cent. The operating margin also improved to 16.4 per cent from 13.8 per cent in the corresponding period of the previous year.Consolidated net profit was CHF 74 million compared with CHF 63.9 million in the first half of 2024, with a Group share of CHF 70.2 million against CHF 60 million in 2024, an increase of 20.4 per cent.Outlook Remains Strong“Compagnie Financière Tradition’s activity continued its growth momentum at the beginning of the second half of the year,” the company noted, adding that it intends to pursue its “primarily organic growth trajectory by leveraging its global presence and the depth of its brokerage offering across various asset classes.”It further highlighted that it will continue its targeted investments in developing a hybrid brokerage solution and expanding its data and analytics services. This article was written by Arnab Shome at www.financemagnates.com.

Read More

Webull Revenue Jumps 46%, But Losses Persist in Q2

Webull Corporation reported a 46% year-over-year increase in total revenue for the second quarter of 2025, reaching $131.5 million, as trading activity and user engagement accelerated. Customer assets rose to an all-time high of $15.9 billion, supported by net deposits and market recovery.Revenue and ProfitabilityTrading-related revenue led the quarter with a 63% increase compared to the same period last year. Total operating expenses grew 37%, largely due to $18.5 million in share-based compensation. Adjusted operating expenses rose 20% to $108.2 million.The company reported a loss before income taxes of $21.4 million, reflecting $11 million in equity offering costs. Adjusted operating profit totaled $23.3 million, up 18% year-over-year, while adjusted operating profit per share was $0.05 for the quarter.“We delivered strong business results in our first quarter as a public company, with three consecutive quarters of operating profitability and customer assets at an all-time high, underpinned by substantial growth in trading volumes and net deposits,” said Anthony Denier, Group President and U.S. CEO of Webull. “The environment for retail self-directed trading was the best we've seen since the COVID-19 pandemic, and with the market now in a new era driven by a more discernible regulatory environment.User Growth and Trading VolumeWebull expanded its user base, with registered users increasing 18% to 24.9 million. Funded accounts rose 9% to 4.73 million. Options contracts volume grew 8% to $127 million, while equity notional volume jumped 58% to $161 billion. Customer assets rose 64% year-over-year to $15.9 billion, reflecting both market recovery and a 37% increase in net deposits.In May, Webull launched the Latin America Webull App, integrating platforms in Brazil and Mexico to support regional growth. In June, the company re-entered the crypto market in Brazil and expanded its partnership with Kalshi to include cryptocurrency hourly contracts and Fed events trading.Post-Quarter DevelopmentsFollowing the quarter, Webull reinstated cryptocurrency trading for U.S. users and consolidated Webull Pay into the Webull Group. Users across the U.S., Brazil, and Australia can now trade equities, options, futures, prediction markets, and digital assets through a single platform.The company also entered a standby equity purchase agreement, providing access to $1 billion in capital at its discretion. As of August 28, 2025, $142.8 million had been raised under the agreement. This article was written by Jared Kirui at www.financemagnates.com.

Read More

Aleo Joins the Global Dollar Network to Bolster Stablecoin Payments Privacy

Earlier this week, Aleo’s non-profit Foundation announced that it had joined the Paxos-backed Global Dollar Network (GDN), an ecosystem built around USDG, a fully regulated U.S. dollar stablecoin issued by Paxos and backed by major partners including Anchorage Digital, Kraken, Mastercard, Paxos, Robinhood, Worldpay, and others.The Aleo Foundation plans on using USDG for on-chain treasury management and vendor payments, all while leveraging its native blockchain’s privacy-preservation setup (enabling the processing of stablecoin transactions in a fully encrypted manner). Not only that, as the first L1 to join the GDN, Aleo will incorporate its zero-knowledge (zK) and private smart contract capabilities into the latter’s ecosystem, which already spans established networks like Solana, Ethereum, and even newcomers like Ink. On the development, BJ Mahal, head of partnerships at The Aleo Foundation, opined:“Aleo’s mission is putting programmable privacy at the center of blockchain innovation, and joining Global Dollar Network is both a recognition of Aleo’s unique technology stack and an opportunity to shape tomorrow's financial systems.” Making privacy-first stablecoins the new normalHailed as a privacy-first blockchain for programmable payments, Aleo ensures that transaction details (such as who paid whom and how much) stay confidential at all times. This is crucial because, on today’s public blockchains, every stablecoin transfer can be viewed openly, resulting in something as mundane as buying a coffee inadvertently leaving a public record of an individual’s finances, salaries, and even spending history. In fact, it is this very facet that has become an impediment to widespread enterprise stablecoin adoption, with industry experts warning that companies can and will never be onboard to pay suppliers with stablecoins because it could mean revealing their price negotiations, payment structures, etc.Zero-knowledge proofs (ZKP) on Aleo fix this glaring hole, allowing transactions to be validated by smart contracts without ever exposing sensitive details. In practice, Aleo’s confidential payment apps can verify things like KYC/AML without publishing payer identities or amounts, meaning that businesses can run payrolls or vendor payments on-chain privately, keeping exact salaries or supplier deals hidden from rivals and public view. Similarly, the Global Dollar Network too has built itself around a similar ethos by making use of the regulated USDG stablecoin. The latter is fully compliant with MiCA and is therefore available for use in the EU, opening access for hundreds of millions of users in the region. Moreover, in a bid to accelerate its adoption, the GDN has established an ecosystem of over 20 partners (consisting not just of crypto exchanges like Kraken, but also payment giants such as Worldpay, and fintech leaders like Robinhood and Anchorage Digital).In effect, companies using Aleo for stablecoin payments could transact in USDG the same way as before, except that transaction details stay hidden from public block explorers. The numbers speak for themselvesA quick look at the market and one can see that the stablecoin sector has already transformed into a massive phenomenon, with its supply trove topping roughly $225 billion (as of Q1 2025) and on-chain transactions hitting $27.6 trillion late last year ( surpassing Visa and Mastercard’s annual volumes combined). As expected, this explosive growth has put regulators on alert, with Europe recently introducing the new MiCA framework (Markets in Crypto-Assets), which imposes strict compliance rules on stablecoins. In the same vein, the United States has also moved toward oversight, with lawmakers currently in the process of drafting legislation to govern these digital assets. In this broader context, Aleo’s entry into the Global Dollar Network comes at a crucial juncture, as it is helping stablecoins realize their true potential by offering built-in confidentiality (for both identity and amount). In other words, tying privacy and compliance together is helping stablecoins scale into the mainstream. That said, for now, businesses and developers watching Aleo will be keen to see real-world use cases, be it cross-border payrolls, private supply-chain finance, or even confidential corporate settlements. Therefore, as stablecoins cement their place within the finance arena, Aleo’s privacy technology may prove to be a key piece that unlocks the next wave of on-chain payments. Interesting times ahead! This article was written by FM Contributors at www.financemagnates.com.

Read More

Kraken Announces Selection by U.S. Commerce Department to Publish Economic Data on Blockchain

The U.S. Department of Commerce has turned to cryptocurrency exchange Kraken to support a new initiative that will put gross domestic product (GDP) data directly onto public blockchains. Announced by President Donald Trump and Commerce Secretary Howard Lutnick, the plan marks the first time a G7 country will use blockchain to distribute official economic statistics.Blockchain Meets GDP DataUnder the project, GDP information will reportedly be recorded on nine major blockchains, including Bitcoin, Ethereum, Solana, Avalanche, Stellar, Polygon, and Tron. The approach is designed to make the data verifiable, tamper-resistant, and globally accessible.NEW: ?? Howard Lutnick says "the Department of Commerce is going to start issuing it's statistics on the blockchain." pic.twitter.com/SywDnQLUWX— Bitcoin.com News (@BTCTN) August 26, 2025Kraken announced that it has onboarded the Department of Commerce as a client and helped it procure cryptocurrencies to cover transaction costs required for placing cryptographic proofs of the GDP data on-chain.“This is a landmark moment for both our industry and our country,” said Kraken co-CEO Arjun Sethi. He said the project demonstrates how transparency, trust, and innovation can be combined to improve the release of official data.Jonathan Jacyhm, Kraken’s Global Head of Policy and Government Relations, called the initiative “a powerful example of how government and industry can work together to advance innovation across the global economy.” He added that blockchain is now part of the current financial infrastructure rather than just a future concept.A Broader Policy DirectionThe initiative reflects the Trump administration’s broader strategy of integrating blockchain into core government functions. By anchoring GDP data to decentralized networks, the Commerce Department is setting a precedent for how economic statistics can be secured and distributed.For Kraken, the collaboration highlights its expanding role in government-related projects. The company said it will continue to provide services to support the Department of Commerce in this and potential future initiatives. This article was written by Jared Kirui at www.financemagnates.com.

Read More

CFTC Creates “Path Back” for Crypto Firms to Reenter U.S. Markets

The Commodity Futures Trading Commission has issued an advisory clarifying how foreign exchanges can provide direct market access to U.S. traders under its Foreign Board of Trade (FBOT) registration framework.FBOT Advisory IssuedThe Division of Market Oversight published the advisory on Wednesday. It applies to all asset classes, including digital assets, and is aimed at non-U.S. entities legally organized and operating abroad. The framework governs how these exchanges can register to serve U.S. customers.“Today’s FBOT advisory provides the regulatory clarity needed to legally onshore trading activity that was driven out of the United States due to the unprecedented regulation and enforcement approach of the past several years,” commented Acting Chairman Caroline D. Pham. “By reaffirming the CFTC’s longstanding approach to provide U.S. traders with choice and access to the deepest and most liquid global markets, with a wide range of products and asset classes, American companies that were forced to set up shop in foreign jurisdictions to facilitate crypto asset trading now have a path back to U.S. markets,” Pham explained.Registration Framework Reaffirmed“Since the 1990s, Americans have been able to trade on non-U.S. exchanges that are registered with the CFTC as FBOTs,” Pham added. “Starting now, the CFTC welcomes back Americans who want to trade efficiently and safely under CFTC regulations, and opens up U.S. markets to the rest of the world.”The CFTC said the advisory responds to rising inquiries from global firms about whether they should register as a designated contract market (DCM) or FBOT. Recent enforcement actions have created uncertainty by applying new interpretations that are inconsistent with decades of practice.By reaffirming the FBOT framework, the agency aims to promote regulatory clarity, reduce disruption, and maintain consistent access for U.S. traders.Under President Donald Trump, the US has softened its stance on regulating digital assets. The most notable change was the passing of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law. The measure establishes regulatory oversight for stablecoin issuers, setting the stage for broader cryptocurrency regulation in the United States.The GENIUS Act defines key requirements for the issuance and operation of stablecoins, aiming to bring greater clarity and supervision to a fast-growing corner of the digital asset market. This article was written by Jared Kirui at www.financemagnates.com.

Read More

After CFI, Libertex Group Secures Colombia’s Regulatory Green Light

Colombia’s financial regulator has cleared another CFD broker to enter the local market. Libertex’s offshore brand LBX has received approval to open a representative office in Bogotá, following a similar move by CFI.CFI, Plus500, and ACY Secure Entry Into ColombiaCFI Financial confirmed today (Thursday) that it secured regulatory approval to operate in the region. The Dubai-headquartered company received authorization from the Colombian Financial Superintendence (SFC).The green light makes CFI among major brokers, within a week, to gain entry into Colombia’s market. The approval now allows the company to establish a representative office in the country as part of its broader global expansion strategy.Earlier, Plus500 and Australian broker ACY also announced they had received authorization from the SFC, underscoring growing interest among international brokers in tapping into Colombia’s financial sector.Expansion Under New Offshore CFD BrandLast week, FinanceMagnates.com reported that Libertex unveiled LBX as a new offshore contracts for differences (CFDs) brokerage brand, which has also entered into a sponsorship deal with the KICK Sauber Formula 1 team. The new brand is operated by MAEX LIMITED, a company registered and regulated in Mauritius. This structure highlights LBX’s positioning toward emerging markets, where offshore licenses are often used to cater to a broader retail client base.You may also find interesting: Card Fraud Accounts for 94% of Payment Scams in Cyprus, Central Bank SaysLBX rolled out its platform in four languages: English, Thai, Vietnamese, and Spanish. The broker has also highlighted “tailored LATAM benefits” such as faster deposit options and localized customer support, pointing to a strategic focus on both Latin American and Southeast Asian regions.Multi-Asset Offering In terms of product offering, LBX plans to provide contracts for differences across multiple asset classes, including forex, metals, indices, energies, commodities, and cryptocurrencies. Clients will reportedly be able to trade these instruments via the widely used MetaTrader 4 and MetaTrader 5 platforms.Plus500 also announced the opening of its first representative office in Colombia after securing approval from the Colombian Financial Superintendence. The development comes as the firm also pursues another license in Chile.The fintech sector is also expanding in Colombia, with Revolut applying last year for a banking license to operate in the country. The move is part of its broader push into Latin America, following its entry into Brazil in 2023 and the acquisition of a banking license in Mexico in April 2024. This article was written by Jared Kirui at www.financemagnates.com.

Read More

Showing 1141 to 1160 of 1217 entries

You might be interested in the following

Keyword News · Community News · Twitter News

DDH honours the copyright of news publishers and, with respect for the intellectual property of the editorial offices, displays only a small part of the news or the published article. The information here serves the purpose of providing a quick and targeted overview of current trends and developments. If you are interested in individual topics, please click on a news item. We will then forward you to the publishing house and the corresponding article.
· Actio recta non erit, nisi recta fuerit voluntas ·