News
A report suggests companies are able to register in the U.K. very easily, making them appear more credible to potential scam victims.
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Forex News
Forex, or the foreign exchange market, is a market for trading currencies. The forex market is the largest market in terms of trading volume and determines the foreign exchange rate. Forex trading includes the buying, selling and exchanging of currencies for the currently determined prices, which are provided by forex brokers — the intermediaries that allow for the purchases of currency with additional transaction fees. Bitcoin forex trading is a new opportunity provided by some forex brokers that is gaining popularity among high-risk traders, due to the high volatility that provides the chance to gain a much larger profit than any fiat currency can provide. It is interesting to point out that — as Bitcoin has an uncertain legal status and is sometimes considered to be a good or asset and not a currency — forex trading with Bitcoin is in an unstable position. However, the inclusion of Bitcoin in the current forex market is a big step for the cryptocurrency industry.
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The AMF and ACPR have blacklisted only two crypto-related websites amid the bear market of 2022 versus 24 such websites last year.
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The prolonged market volatility has not stopped investors from backing a new protocol that merges DeFi and the foreign exchange market.
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Major Asian financial institution DBS Bank has applied DeFi technology to a project backed by the Monetary Authority of Singapore.
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The broker’s partnership with Paxos will enable U.S.-based investors to spot-trade cryptocurrencies on Paxos’ itBit exchange through Oanda’s mobile platform.
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"Customers engaged in transactions with these entities may not receive the benefit of the customer protections, safeguards, and guardrails,” said CFTC commissioner Kristin Johnson.
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Ukrainians are now allowed to buy Bitcoin only with foreign currency with a monthly cap of $3,300.
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With help from Forex markets, non-USD stablecoins may be the ticket to recognizing the full potential of DeFi.
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A new DeFi platform focused on synthetic assets says existing projects have critical flaws that need to be addressed — including low liquidity and poor usability.
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Russian investors now look at digital financial assets as an investment tool rather than just a “hype product,” AFD head Evgeny Masharov said.
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The CBN says the proposed central bank digital currency will offer parity of value and will operate as a non-interest-bearing CBDC.
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Crypto traders can earn passive income through Neutrino stablecoin staking.
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The alleged crypto scam websites are still intact.
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A crypto exchange has come a long way since launching in March and now offers a branded Visa card and feeless peer-to-peer payment platform.
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Chainlink connects a $7 trillion a day industry to the decentralized finance space by partnering with CenterPrime.
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