Financemagnates

Financemagnates

Finance Magnates is a global authority covering the multi asset trading industry. While originating in Forex and CFDs, it has deeply integrated crypto and fintech sectors, becoming the preferred platform for institutional executives seeking business insights.

Financemagnates's Articles

MEXC Brings Zero-Fee Trading to Prediction Markets

MEXC Brings Zero-Fee Trading to Prediction Markets

Crypto exchange MEXC has launched a prediction market platform with zero trading and settlement fees, entering a sector that until recently was dominated by specialised

JP Morgan and Dresdner Kleinwort's Former Executives Launch Hong Kong Crypto Prop Firm

JP Morgan and Dresdner Kleinwort's Former Executives Launch Hong Kong Crypto Prop Firm

Former investment banking executives have launched a Hong Kong‑based crypto proprietary trading firm dubbed Velotrade Re Limited. The founders, Gianluca Pizzituti

US Court Dismisses Major Claims in Binance Hamas-Linked Payments Case

US Court Dismisses Major Claims in Binance Hamas-Linked Payments Case

A federal court in Alabama has dismissed key parts of a lawsuit accusing Binance, its US affiliate Binance.US, and former CEO Changpeng Zhao of facilitating transfers

Thai SEC Pursues Crypto Promoter as Investors Claim $40M Losses From Online Scheme

Thai SEC Pursues Crypto Promoter as Investors Claim $40M Losses From Online Scheme

Thailand’s Securities and Exchange Commission (SEC) has confirmed that legal action against cryptocurrency promoter Worawat Narknawdee, also known as “Acme Traderist

Chinese Fraud Victims Contest UK Compensation Plan for £3.2B Seized Bitcoins: Report

Chinese Fraud Victims Contest UK Compensation Plan for £3.2B Seized Bitcoins: Report

Chinese investors defrauded in a multi-billion cryptocurrency Ponzi scheme have asked the UK High Court to reject a government-backed redress plan for the 61,000

JPMorgan Accused of Ignoring Red Flags as Goliath Ventures’ $328M Crypto Ponzi Scheme Collapsed

JPMorgan Accused of Ignoring Red Flags as Goliath Ventures’ $328M Crypto Ponzi Scheme Collapsed

Investors have filed a proposed class action against JPMorgan in the US District Court for the Northern District of California, alleging the bank enabled a $328

New Zealand Regulator Rules NZDD Stablecoin, Citing “Not a Financial Product”

New Zealand Regulator Rules NZDD Stablecoin, Citing “Not a Financial Product”

New Zealand’s financial regulator has determined that the NZDD stablecoin does not qualify as a financial product. The decision follows an assessment conducted

Bitpanda's Profit Falls 75%, Firm Blames Pre-IPO Spending Push

Bitpanda's Profit Falls 75%, Firm Blames Pre-IPO Spending Push

Bitpanda reported €371 million ($430 million) in adjusted revenue for fiscal year 2025, a 16% gain from the year before, as the Vienna-based crypto broker added

U.S. Justice Department Launches Inquiry Into $1B Iran-Tied Transfers at Binance: Report

U.S. Justice Department Launches Inquiry Into $1B Iran-Tied Transfers at Binance: Report

The U.S. Justice Department is investigating whether Iranian networks used cryptocurrency exchange Binance to move funds and evade American sanctions, according

Ripple Seeks Australian License as It Expands Regulatory Footprint

Ripple Seeks Australian License as It Expands Regulatory Footprint

Ripple said it plans to obtain an Australian Financial Services License (AFSL) through the acquisition of local firm BC Payments Australia, extending its regulated