Forex

Growth in Euro Stablecoins Spurs Dreams of Digital Forex Market

But challenges remain on financing and regulations.

Business  ·  9 July 2021

What Stanley Druckenmiller’s Inflation Warning Means for Crypto

One of the greatest forex traders in history believes a cryptocurrency is the “most likely” global reserve currency to replace the dollar.

Markets  ·  11 May 2021
CoinFlash

Mirror Trading Clients Should Take Their Money and Run, South African Regulator Advises

FCSA said Mirror Trading's self-proclaimed 10% monthly returns "seems far-fetched and unrealistic" as it opened an investigation.

News  ·  19 August 2020
Forex

Texas Securities Regulator Accuses South African Trading Pool of Crypto Fraud

Texas' securities watchdog ordered Mirror Trading International to cease operations, alleging the South African bitcoin and forex "investor club" is a multilevel marketing scam.

News  ·  8 July 2020
Volatility

Forget Bitcoin’s Volatility, BoA Says Unstable UK Pound Like an Emerging Market Currency

Bitcoin is often criticized for its volatility – now analysts are saying that, and more, about the pound sterling.

Markets  ·  24 June 2020
Forex

Foreign Exchange Giant CLS Admits: No, We Don’t Need a Blockchain for That

Forex giant CLS is now using a blockchain to handle certain currency trades, but the technology is “not essential” for the task, an executive admits.

Business  ·  8 October 2019
Regulation

China’s Foreign Exchange Regulator Piloting Blockchain in Trade Finance

The agency that regulates and manages China's foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border trade.

Policy & regulation  ·  24 April 2019
Forex

Citi Has Scrapped Its Plan for a JPM Coin-Like Bank-Backed Cryptocurrency

Several years back Citi tested a bank-backed cryptocurrency similar to JPMCoin. The lesson it learned? It's easier to rely on SWIFT.

Business  ·  18 March 2019
Forex

HSBC Exec Says Using Blockchain Slashed Forex Trading Costs by 25%

An HSBC executive has told Reuters that using blockchain slashed the costs of settling foreign exchange trades.

Business  ·  14 February 2019
Forex

Barclays Joins CLS Blockchain Consortium in Search of Swift Alternative

Barclays has become the latest major financial institution to join the foreign exchange-focused blockchain consortium CLS.

Business  ·  25 September 2017
Volatility

What Does the Lull in Forex Volatility Mean for Bitcoin?

Patrick Foot examines what the current lack of forex volatility means for traders of digital currencies like bitcoin.

Markets  ·  16 August 2014
Exchanges

Kraken opens for trading with euros, bitcoins and litecoins

Kraken, a new bitcoin exchange has come out of beta. We spoke to the CEO to find out more.

Markets  ·  10 September 2013
Forex

Looking inside BitEnsure: Bitcoin savings account or Ponzi scheme?

BitEnsure claims to be a "bitcoin savings account". But is it any different from Trendon Shavers now-exposed Ponzi scheme?

Business  ·  5 August 2013