Deribit, a platform known for offering cryptocurrency options trading, will launch spot and derivatives trading in the UAE on January 1, 2025, migrating all activities to the Dubai-based entity. It plans to transfer USD 50 billion in open interest to its Dubai entity. Moving to Dubai The announcement, made today (Friday), follows Deribit FZE receiving…
Italy’s financial regulator, CONSOB, revealed Friday that it has ordered the black-out of four websites offering unauthorised financial services to Italian consumers. The action, aimed at protecting investors from fraudulent activities, is part of CONSOB’s ongoing campaign against abusive financial intermediaries. The regulator often orders the black-out of unauthorised sites The targeted websites are: GOMARKETSLTD.net…
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The Australian Securities and Investments Commission (ASIC) revealed Friday that it has cancelled the Australian financial services (AFS) licence of RPD Group Advice Pty Ltd (RPD Group) following a compensation payment by the Compensation Scheme of Last Resort (CSLR). The cancellation comes after the Australian Financial Complaints Authority (AFCA) issued a determination against RPD Group…
Yen strength continued to persist reinforced by an uptick seen in the leading Tokyo’s core-core inflation rate as it rose to 1.9% y/y in November. Japan’s overnight swap rates have indicated an increase in odds that BoJ may hike its short-term policy interest rate again in the upcoming 18-19 December meeting. Watch the 149.30 intermediate…
Brokerage ActivTrades said Thursday that it has obtained a new regulatory licence from the Financial Services Commission (FSC) in Mauritius, bolstering its capacity to serve international clients. The latest move is said to align with the firm’s ongoing expansion strategy and further enhance its position in key global markets. The Mauritius licence is the fifth…
Thanksgiving in the U.S. might have been expected to bring calm to financial markets, but Forex trading in Asia tells a different story following the release of Japan’s Consumer Price Index (CPI). According to Forex Factory:→ Actual = 2.2%→ Forecast = 2.0%→ Previous = 1.8% Signs of sustained inflation growth have spurred currency market participants…
HP Inc. (HPQ) shares plummeted 11% following the release of its quarterly earnings report: → Earnings per share (EPS): Actual = $0.93, Expected = $0.93→ Revenue: Actual = $14.05 billion, Expected = $13.09 billion While HP Inc.’s reported revenue and EPS aligned closely with analysts’ expectations, the market was disappointed by its forward guidance. According…
Tamadoge Price Prediction – November 29 There have been re-occurrences of making formidable baseline affirmation stances between buyers and sellers in the TAMA/USD market activities, given that the crypto-economic trade is now in hovering states, tending rises. The market is making a number of efforts to guarantee that there will be an unexpected long-term recovery….
The Japanese yen has surged higher on Friday after a strong inflation release. In the European session, USD/JPY is trading at 150.19, down 0.87% on the day. Earlier, the yen has broken below the symbolic 150 level for the first time since Oct. 21. Tokyo Core CPI beats expectations Tokyo Core CPI, a key inflation…