Apple Pay, Google Pay Eyeing Launch in the Philippines
Apple Pay and Google Pay plan to enter the Philippine market. To do so, they must first register with the BSP as operators of payment systems.
Philippine Peso Could Hit P60 in Early 2025, DBS Says
DBS forecasts the Philippine peso to hit P60 per dollar in early 2025, with factors like US monetary policy and Trump’s trade tariffs affecting the outlook.
Capital.com Collaborated with Amazon in the UAE
The well-known broker, Capital.com, has become First Fintech which has partnered with Amazon to market its services in Dubai. The company aims to offer more than 500,000 customized boxes to Amazon consumers in the UAE.
Coinbase Integrates Apple Pay for Easy Crypto Onramping
Coinbase adds Apple Pay to its Onramp tool, enabling fast and easy fiat-to-crypto purchases for 60 million U.S. Apple Pay users. Learn more!
MAS Imposes $2.4M Fine on JPMorgan Chase for Misconduct
JPMorgan Chase is fined $2.4 million by MAS for overcharging clients on OTC bond trades, misrepresenting spreads, and unethical actions by relationship managers.
Latest India Scam! 2 "Fake App" Fraud Cases Registered
Pay attention if you invest your money in random trading applications that promise great returns and profits. Remember, they're all SCAM.
$30 Million Stolen in SOLANA Hack | Affecting Over 8,600 Wallets
A recent hack targeting the memecoin trading platform DEXX has led to a massive loss of $30 million. Security firm SlowMist has identified over 8,620 Solana wallets potentially linked to the incident, which affected at least 900 users.
CONSOB Extends Crackdown on Unauthorised Financial Websites
Italy’s Companies and Exchange Commission (CONSOB) has intensified its efforts to combat illegal financial activities, recently ordering the blocking of four additional websites providing unauthorised financial services
Malaysian Loses RM2.6 Million to Online Investment Scam
A 49-year-old woman from Malaysia (Johor Bahru) has reported losing RM2.6 million to a fraudulent online investment scheme. The woman, who worked as a clerk at a goldsmith, fell victim to the scam after being lured by promises of high returns.
BCP and Mastercard Boost Cross-Border Payments in Africa
BCP partners with Mastercard to improve cross-border payments in Africa, offering secure, cost-effective, and near-instant transactions for businesses and consumers.
Ripple’s RLUSD Stablecoin Expected to Launch in NY by Dec. 4
Ripple's new stablecoin RLUSD nears approval by NYDFS, bringing Ripple into direct competition with U.S. stablecoin issuers. Launch expected by December 4.
ActivTrades Gains Regulatory License in Mauritius
ActivTrades secures a new FSC license in Mauritius to expand global reach. This new license strengthens its services across Africa, Asia, and international markets.
5 Koreans Nabbed in PH for $2.9M Crypto Scam
Philippine authorities arrested 5 South Koreans linked to a $2.9M cryptocurrency scam and 1 for larceny. All await deportation. Learn more about the crackdown.
Philippines Warns Public of Get-Rich-Quick Scams This Christmas
Philippine authorities urge caution against get-rich-quick schemes, including crypto and forex investment scams, as fraudulent activities rise during the Christmas season.
Know Ins & Outs of Prop Trading Firms
This trend is largely liked by the new generation of traders who crave faster returns. Therefore, in this article, we will explore the various aspects of proprietary trading firms and dive into the details of it. Let’s begin.
Oil Prices Mixed Amid Accusations of Ceasefire Violations Between Israel and Hezbollah
According to the report, Oil prices were mixed on Friday, with concerns over potential supply risks resurfacing following accusations from both Israel and Hezbollah regarding violations of their ceasefire. Investors are also awaiting a decision on OPEC+ output policy, as a delay to the group’s meeting adds uncertainty to the market.
India's Rs 6,000 Crore Ponzi scam
India has been hit by a major Ponzi scheme worth an estimated 6,000 crores. This financial fraud has devastated hundreds of innocent investors.
Trump Administration Pushes for CFTC to Lead Crypto Regulation
The Trump team proposes shifting crypto regulation from the SEC to the CFTC, aiming to spur innovation in the $3T digital asset market. Find out what's at stake.
Meme Coins: Fleeting Fortune or Financial Folly?
Meme coins like Dogecoin, Shiba Inu, and Pepecoin have captured headlines and social media feeds, turning early adopters into overnight millionaires. However, beneath their whimsical branding and viral appeal lies a critical question: Are meme coins a legitimate investment or a financial house of cards?
Italian Regulator Warns Against Go Markets Clone
Calling Your Attention! CONSOB, the Italian regulator, recently issued a warning against the clone of Go Markets, a well-known broker. This clone provides legitimate brokers. Below are the illegal websites you need to stay away from:
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