Retail forex giant GAIN Capital Holdings reported recently that it suffered a massive $60 million loss in 2019. The company’s revenue also dipped by 35% during the period. Fiscal 2019 was disappointing GAIN Capital had a tough fiscal 2019. It’s US GAAP net revenue for Q4 2019…
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Three attorneys offer their take on SEC commissioner Hester Peirce's token safe harbor proposal and why modified a Reg A may offer a solution. The post The case for Reg A: a response to Commissioner Peirce appeared first on The Block.
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By Alina Parker on The CapitalInvestment bankers play a crucial role in structuring financial deals while facilitating business operations. These skilled professionals help to keep the economy moving forward by advising companies on stock issuance and configuration of stock offerings.On the market side, financial markets might get interconnected…
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FATF Comes To Grips With CryptocurrenciesA legal, safe and simple way to work with cryptocurrencies is in great demand. But what one should know about FATF requirements?Cryptocurrencies have burst into our everyday life and are not likely to leave. We can shop with Bitcoin, buying anything from…
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Chen Weigang, former Vice President of China Insurance Regulatory Commission of the Communist Party, shared about ICO regulations and digital currency trading in China. Sharing with the media, Chen said that a central bank digital currency (CBDC) is an essential strategic plan for the Chinese Yuan to…
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You still remember the fumbling story between Bitfinex and Tether about the loan amount of $ 700 million. Recently, Bitfinex announced that it would pay Tether $ 100 million out of the $ 700 million it borrowed early last year. This controversial loan has sparked rumors of…
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An Australian court has agreed that a cryptocurrency exchange account can be used as security for potential legal costs. While acknowledges the volatile nature of decentralized digital assets (cryptocurrency), but the judge acknowledged that cryptocurrencies are a recognized form of investment in times of uncertain financing now…
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Quick Take MoneyGram changes the accounting method for recognizing the fees paid by Ripple for its usage of RippleNet Instead of recognizing it as revenue, MoneyGram now states it as a contra expense as per guidance from the SEC When asked by an analyst why the SEC…
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The Bitcoin price just dropped below the $9,000 level, hitting $8,964 on BitMEX. The sentiment around the cryptocurrency market noticeably declined after BTC rejected the $10,000 resistance level three times in a span of 15 days. What’s triggering the trend reversal? Within a span of minutes, BitMEX…
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The Libra Association is reportedly set to add another company to its ranks: the crypto brokerage firm Tagomi. According to a report by TechCrunch, the company was slated to make the announcement as soon as later this week. The news follows the announcement that Shopify has joined…
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