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Forex Reforms Will ‘Deal With Cryptocurrency,’ Says Chinese Government

News China has hinted that its treatment of cryptocurrencies such as Bitcoin (BTC) may change again as it looks to reform its forex markets. As Reuters reported on Dec. 24 citing a senior government official, a new research initiative will accompany the expansion of Beijing’s blockchain cross-bord..

Cyprus SEC Flags 3 Trading Platforms That Look Suspiciously Similar

News Cyprus’ Securities and Exchange Commission (CySEC) recently issued a warning against almost 200 unregistered investment platforms, three of which look strikingly similar and falsely advertise ties to licensed and regulated firm BDSwiss. The CySEC posted an update to its list of unapproved web..

Beginner’s Guide to IQ Option: Complete Review

IQ Option is an online trading platform that enables customers to trade a variety of financial instruments and assets such as Binary Options, Stocks, Forex and of course Cryptocurrencies. Founded in 2013 and operated by IQ Option Ltd, the site has quickly became one of fastest growing online tradin..

Chinese Forex Regulator SAFE Expands Blockchain Cross-Border Pilot

News Chinese regulator State Administration of Foreign Exchange (SAFE) expanded its blockchain cross-border financing pilot program. Local news outlet GlobalTimes reported on Nov. 11 that the system now covers 19 provinces and cities, up from nine. The development is unsurprising given that at the..

China: Forex Regulator Warns Against Illegal Crypto Cross-Border Flows

News China’s foreign exchange regulator has warned that emerging markets need to muscle in on cryptocurrency-enabled illegal cross-border capital flows. Sun Tianqi, the chief accountant of China’s State Administration of Foreign Exchange (SAFE), made the remarks at a forum today in Shanghai, accor..

China Studying Blockchain and AI for Cross-Border Financing

News China is looking into the application of blockchain and Artificial Intelligence (AI) to cross-border financing, Reuters reports on Oct. 27. Blockchain in risk managementLu Lei, the deputy head of the Chinese regulator State Administration of Foreign Exchange (SAFE), reportedly said that there..

What is Forex Trading? Complete Beginner’s Guide

The foreign exchange market (forex) for international currencies is the largest and most liquid market in the world. According to the Bank of International Settlements, the forex market accounts for more than $5 trillion in trading volume per day — dwarfing other markets like major stock markets. T..

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