The Financial Ombudsman Service has announced the promotion of Nausicaa Delfas to Interim Chief Executive and Chief Ombudsman, effective from mid-May 2021. Recently, a press release shared with Finance Magnates revealed that Nausicaa Delfas, a financial services veteran, has been named by the Financial Ombudsman Service (FOS) as its interim […]

The United Kingdom has become the latest country to plan for a central bank digital currency (CBDC) launch as Chancellor Rishi Sunak announced on Monday the formation of a joint task force by the HM Treasury and Bank of England (BoE). “We’re launching a new task force between the Treasury […]

AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Oddz Protocol Token (ODDZ) under the pair USDT/ODDZ on Apr 19  at 1:00 p.m. UTC. Oddz Finance is the world’s first on-chain option trading platform built on the Binance […]

FBS broker has released a new version of FBS Trader, the all-in-one trading platform. This multi-asset mobile solution is oriented at active trading on the go. This time several important innovations were added to make the platform easier to maintain and add comfort to the trading process. FBS Trader: developing […]

China’s central bank is looking to enable foreign athletes and visitors to use the country’s digital currency during the Beijing Winter Olympics in 2022, according to a top central bank official. Li Bo, deputy governor of the People’s Bank of China, said that the upcoming Winter Olympics could potentially become […]

Ripple price is struggling to hold gains above $1.350 resistance against the US Dollar. XRP price remains at a risk of more losses unless there is a break above $1.650. Ripple Price Analysis After forming a base above the $1.000 and $1.100 support levels, ripple price started a fresh rally […]

A public survey carried out by the European Central Bank (ECB) has found that privacy is the most important feature of a digital euro for consumers. In an announcement, ECB confirmed it had received some 8,200 responses to its consultation on the matter, including from across the business community. Among […]

Bitcoin price started a sharp decline after it broke the $60,000 support zone against the US Dollar. BTC is correcting gains, but it is likely to face sellers below $58,000. Bitcoin declined heavily below the $60,000 and $58,000 support levels. The price is now trading well below $58,000 and the […]

With much of the market fixated on Bitcoin’s (BTC) sudden price correction over the weekend, retail interest in digital assets appears to be on the rise, according to the latest statistics from Reddit. The r/dogecoin community added 145,859 weekly subscribers, according to Subreddit Stats. The gains are hardly surprising given […]

Rumors concerning the U.S. Treasury cracking down on several financial institutions over money laundering has been spreading like wildfire on social media and forums. There’s been no formal announcement from the U.S. entity and at this stage, the news is widely considered FUD. However, some are assuming the hearsay stems […]