IG Group, Europe’s largest online trading platform, has promoted its long-serving executive Niamh Byrne to take on an expanded role as the firm’s Head of UK B2B2C Sales. Niamh told Finance Magnates that her role is essentially to head IG’s partner business, so she will operate under IG Prime, but […]

Bohdan Prylepa, CTO and co-founder of Prof-it Blockchain Ltd, stated in an interview that more work needs to be done to establish DeFi as a global phenomenon. For now, it is nothing more than an experimental terrain for retail investors to earn decent money by the side. There is no […]

Broadridge Financial Solutions, Inc. (NYSE:BR) has onboarded David Ingleson as its new Chief Operating Officer in APAC, effective immediately. Recently announced in a press release, David Ingleson, an experienced executive in establishing and growing fintech businesses in the APAC region, has been named the new Chief Operating Officer at Broadridge. […]

Bitcoin has seen some mixed price action as of late, with bulls and bears largely reaching an impasse as the cryptocurrency consolidates Where it trends next will undoubtedly depend largely on whether or not bulls can break the ongoing consolidation phase and spark a move higher This will likely only […]

President-elect Biden’s team recently unveiled additional folks it plans on nominating for various positions after the inauguration on Wednesday.  One key pick is Gary Gensler as Chairman of the Securities and Exchange Commission, or SEC, according to a statement from Biden’s transition team on Monday. On Jan. 12, Reuters reported […]

Grayscale CEO Michael Sonnenshein says institutional investors are also exhibiting a growing interest in diversifying their investments by choosing other crypto assets besides bitcoin. Sonnenshein, who was recently appointed to the CEO position, made the comments just before the revelation that the company had raised more than $700 million in […]

German investors trading a variety of derivatives products are subject to new capital gains taxes following an amended law that was pushed almost secretly through the Bundestag during 2020 Christmas holidays. The legislative proposal went initially unnoticed when it was first introduced and then passed more than a year ago. […]

The world’s largest producer of palladium and high-grade nickel, Norilsk Nickel, is pressing ahead with its digital technologies strategy. As of Jan. 18, Nornickel’s Global Palladium Fund has launched exchange-traded commodities, or ETCs, for metals on the Deutsche Börse, which are custodied by TokenTrust AG and also make use of […]

Polkadot (DOT) has surpassed XRP as the 4th largest cryptocurrency in the world. In this way, DOT became the most valuable virtual currency after Bitcoin (BTC), Ethereum (ETH) and the stablecoin Tether (USDT). This comes after several days in which DOT was able to register sustained positive growth rates.  Polkadot […]

Allan Flynn, a Bitcoin trader in Australia has filed a complaint against two commercial banks in the country — ANZ and Westpac — accusing both of systematic discrimination. According to a report by the Australian Financial Review, Flynn is seeking compensation to the tune of 250,000 Australian dollars (about $192,000). […]