Weekly Roundup: RoboMarkets shutters FX, Kalshi election contracts halted

Welcome to our weekly roundup, where we dive into all the latest buzz in the Forex, Fintech, and cryptocurrency scenes

https://financefeeds.com/weekly-roundup-robomarkets-shutters-fx-kalshi-election-contracts-halted/

IG Group sees Q1 revenue rise 15%; launches £150 million share buyback

IG Group’s total revenue reached £278.9 million for the three-month period, compared to £242.9 million in the same quarter last year

https://financefeeds.com/ig-group-sees-q1-revenue-rise-15-launches-150-million-share-buyback/

Hong Kong mulls new licensing regime for crypto OTC services

Hong Kong is consulting industry participants on whether to introduce a new licensing regime for cryptocurrency over-the-counter services.

https://financefeeds.com/hong-kong-mulls-new-licensing-regime-for-crypto-otc-services/

Coinbase wins partial court approval in document request against SEC

A New York judge has granted parts of Coinbase’s motion to compel the SEC to provide documents related to its ongoing legal battle

https://financefeeds.com/coinbase-wins-partial-court-approval-in-document-request-against-sec/

FTX’s Bankman-Fried paid $150M to Chinese officials to unlock $1B

Notes from the call referenced former FTX CEO Sam Bankman-Fried’s payment of $150 million to Chinese officials to release $1 billion in frozen assets

https://financefeeds.com/ftxs-bankman-fried-paid-150m-to-chinese-officials-to-unlock-1b/

Japan’s top banks back cross-border stablecoin platform

Japan’s three largest banks — Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank — are backing the initiative

https://financefeeds.com/japans-top-banks-back-cross-border-stablecoin-platform/

Nigeria grants first license to crypto exchange Quidax

The Nigerian Securities and Exchange Commission (SEC) has granted Quidax its first provisional operating license.

https://financefeeds.com/nigeria-grants-first-license-to-crypto-exchange-quidax/

Cboe Exchange files to list Bitcoin and Ether ETF options

Cboe Exchange has filed an amended application with regulators to list options on Bitcoin and Ether exchange-traded funds

https://financefeeds.com/cboe-exchange-files-to-list-bitcoin-and-ether-etf-options/

FlowBank seek buyers for London Capital Group, close Bahamas arm

FlowBank holds shareholdings in London Capital Group Limited (UK) and LCG Capital Markets Ltd (Bahamas).

https://financefeeds.com/flowbank-seek-buyers-for-london-capital-group-close-bahamas-arm/

The Funded Trader claims 30% of trader payouts cleared

Prop trading firm The Funded Trader today said it is still working to get its business back on track and has made some headway with payouts.

https://financefeeds.com/the-funded-trader-claims-30-of-trader-payouts-cleared/