Digital Ruble Announced by the Bank of Russia
The Bank of Russia is considering issuing a digital currency through their own central bank in the form of a digital ruble. Bank of Russia's move will serve as part of an objection aimed toward developing their national payment system. The launch of the new digital currency will help in creating business...
What Is the Non Farm Payroll and How Do You Trade It?
If you’re a trader, you already know the impact economic news can have on the forex market. One event that has a significant impact on the forex market is non-farm payrolls (NFP).
You may have seen headlines such as the “GBP/USD saw a drop after the NFP report”. Or,...
Stripe Finally Expands Into the UAE
Since early on in 2019, Stripe has been working on expanding its presence throughout the Middle East, with a focus on current projects in the United Arab Emirates. Stripe recently opened an office in the information technology park of Dubai Internet City, which comes mere months after the introduction of a private beta. As...
Choosing an STP/ECN Broker vs. Market Maker Broker
Often we get the question, "How do I know which broker is the best to trade with"?
There's a ton of information on the internet that would guide you on how to choose a forex broker. However, many beginner traders get confused about which type of forex broker is suitable for them.
So, in...
The Actual Impact of NFT's on Fintech
A non-fungible token, or NFT, is a unit of data linked to unique digital files on a blockchain. These tokens are commonly cryptographic assets, featuring recordings of live performances, music, or pieces of art. Records of NFTs traded across online digital markets are stored on the blockchain, in addition to transfers and bidding...
The Must Have Free FX Signals
You may have seen certain ads from 'trading gurus' that encourage you to copy their forex signals to make instant money. They claim that their system is the best, and it'll take your trading to the next level.
But is there any truth to their claims, or is it just a way to lure amateur...
Fidelity Release Bitcoin RTF
Last week, Fidelity Investments announced their plans to release their own exchange-traded fund, tracking the price of Bitcoin. This unveiling only furthers Fidelity's push to place cryptocurrencies at the center of mainstream finance. Serving as the fund's custodian, Fidelity Digital Assets will store the ETF's holdings. According to Fidelity's security filing, Wise Origin Bitcoin Trust aims...
Fintechs Companies in South Korea See the Launch of a New Virtual Sandbox
With a budding financial technology industry, South Korea is prime for fintech growth. In order to develop the fintech market within South Korea, the Financial Services Commission (or FSC), has made plans to launch a digital sandbox in which they may test future fintech products and services....
Contactless Transactions Grow Huge in 2020
Across the UK, in-store contactless transactions reached a record 88.6% of all in-person card payments in 2020. With nine in ten eligible card transactions – that is, physical credit or debit card payments up to £45 – being contactless last year.
The data released by Barclaycard on 22 January marks a significant moment in the...
X-TECH, an AI Over Frequency trading company, receives 50 million euros from multiple European funds
Gerson Martins
X-TECH, creator of OFT (over-frequency trading), with a powerful research and development team, leads the future of AI trading technology. The New York Times
Two European funds invest in X-TECH to expand into the Asia-Pacific and European markets.
X-TECH LTD is a technology company based...
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