News
Paxful, a peer-to-peer bitcoin marketplace, informed that it has teamed up with the blockchain and cryptocurrency products developer The White Company. The partnership aims to deliver the benefits of global payments to emerging markets, allowing Paxful customers to exchange their bitcoin into Visa or MasterCard prepaid cards in 10 fiat currencies (USD, GBP, EUR, INR, […]
Asian stock markets rallied on Thursday while the dollar dropped and global bond yields plunged, with the 10-year U.S. yield falling below two percent, after the Federal Reserve signaled possible interest rate cuts later this year. Asian Stock Markets MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.92%, led by gains in China. Tokyo’s […]
The UK entity of the Bank of China has joined LCH’s SwapClear as a new member. Bank of China is the first clearing member from a Chinese banking group to join the interest rate clearing house. The Bank now has access to clearing of interest rate derivatives, and will also act as a clearing broker […]
METACO, AlgoTrader and Cysec (formerly ArcaTrust) have entered into a strategic partnership to offer a comprehensive, all Swiss-made crypto asset management ecosystem for financial institutions to manage the entire life-cycle of their crypto assets: from secure storage and management to automated trading and execution. The announcement comes at a time of rapidly increasing institutional interest […]
Ripple partners with MoneyGram International Inc after blochain-technology company Ripple purhased a stake and entered a partnership for international money transfers. Ripple invested $30 million in shares and warrants at $4.10 a share and has an option to buy $20 million in additional shares or warrants at the same minimum price, according to a statement on […]
Asian shares hit five-week highs on Wednesday as investors hoped the Federal Reserve would follow the lead of the European Central Bank and open the door to future rate cuts at its policy meeting later in the day. Asian shares All eyes are now upon the Fed which is scheduled to release a statement at […]