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Somerco Blockathon  •  
February 23-24, 2019

# forex News

November 11, 2018 by at Business, Finance, News
A group of large institutional investors in the U.S., including BlackRock Inc., a global asset management company with $6.3 trillion in assets under management, has sued 16 major banks accusing them of rigging prices in the roughly $5.1 trillion-a-day foreign exchange market, Reuters reported on November 8, 2018. Major U.S....
On August 9, 2018, Paxos, the parent company of crypto exchange itBit, announced the launch of the Paxos Confirmation Service, a tool designed to streamline the post-trade confirmation process for the precious metals market. A Step toward Post-Trade Blockchain Solution Making the announcement, the company revealed that INTL FCStone Ltd.,...
May 16, 2018 by at ICO News
AITrading is holding a crowdsale to build a platform based on blockchain technology, artificial intelligence, and machine learning to aid experienced and novice traders alike, as well as banks, brokers, and third-party providers. An ERC-20 token will be offered to investors, AITT, which will fund the ecosystem and act as...
October 30, 2016 by at Finance, News, Tech
In 2014 and 2015, financial regulators in Asia, the U.S., and Europe handed out fines to several global investment banks, totalling over $10 billion, for colluding to rig the daily currency market fixing. While the currency market is open 24 hours a day, five days a week, there is a...
September 10, 2016 by at Bitcoin, Business, Finance, News
The Bitcoin situation in Russia continues to evolve in a very intriguing way. WebMoney, the global online settlement system and one of Russia’s largest online payment processors,will enable Bitcoin payments. This news is very surprising, considering Russian government officials are not too keen on Bitcoin usage in the country. The...
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