Here’s your snapshot of what’s moving the markets: Crypto trading is now standard fare in FX platforms, eToro soars in its Nasdaq debut, and StoneX expands into France. Capital.com hits $656B in Q1 volume, while CFTC faces heat in court. Let’s jump in.
Crypto Trading Finds a Place in Traditional FX/CFD Brokerage World (Part 3)
Crypto trading. What started as a niche add-on is now a fully integrated part of the traditional brokerage setup. If you’ve ever placed a forex trade on your terminal, odds are you’ve also seen a crypto pair or two popping up alongside your usual EUR/USD and GBP/JPY. Read More
StoneX to Acquire French Agricultural Broker Plantureux et Associés
StoneX Group has announced that its subsidiary, StoneX Financial Europe GmbH, has entered into a definitive agreement to acquire Paris-based Plantureux et Associés. Read More
eToro Climbs 30% in Strong Nasdaq Debut, Trades at $4.2 Billion Valuation
Shares of eToro jumped 29% in their first day of trading on the Nasdaq in a strong return for fintech IPOs after a pause in public offerings. Read More
Spotware Adds Precision Risk-Reward Tools to cTrader
Spotware Systems has announced the release of cTrader 5.2, which introduces a range of enhanced trading capabilities to the multi-asset FX/CFD trading platform across Mobile, Web, Windows, and Mac. Read More
TP ICAP Puts Parameta IPO Plans on Hold Despite Record Quarter
TP ICAP reported record quarterly revenue on Wednesday, boosted by a boom in trading activity during a turbulent period for U.S. trade policy, though the firm has shelved plans for a U.S. listing of its data arm due to market instability. Read More
Capital.com Reports $656 Billion in Q1 2025 Trading Volume, Crosses 1,000 Employees
Capital.com has announced that client trading volumes reached $656 billion in the first quarter of 2025, an 11 percent increase from the previous quarter. Read More
Judge Weighs Sanctions Against CFTC in ‘My Forex Funds’ Case
A federal judge in New Jersey is reviewing a recommendation to sanction the U.S. Commodity Futures Trading Commission (CFTC), after a special master accused the agency of misconduct in its fraud case against My Forex Funds and its CEO, Murtuza Kazmi. Read More
Apex Group Appoints Tom Bennett as Global Head of Fintech
Apex Group has appointed Tom Bennett as its Global Head of Fintech, a newly created role intended to advance the firm’s digital capabilities across private markets, capital markets, and digital assets. Read More
Buffett Walks Away from Nubank with $250 Million Gain
Warren Buffett’s Berkshire Hathaway has fully exited its stake in Nubank, pocketing a $250 million profit as the legendary investor continues pulling back from financial stocks and bulking up on cash. Read More
LiquidityBook Enables 24-Hour U.S. Equity Trading Via Blue Ocean ATS and CAPIS
LiquidityBook has announced that its buy-side clients can now access overnight trading in U.S. equities through an integration with Blue Ocean ATS and introducing broker Capital Institutional Services (CAPIS). Read More
The Week in Crypto
Big moves and big trouble: Dubai will soon accept crypto payments for government services, while Coinbase backs Canada’s QCAD, but phishing threats hit major exchanges. Meanwhile, Telegram shuts down a major darknet market, and Celsius founder gets 12 years behind bars. Here’s the rundown.
Dubai Government to Accept Crypto Payments Via Crypto.com
The Government of Dubai has signed a memorandum of understanding with Crypto.com to enable the use of cryptocurrencies for paying government service fees. Read More
Binance and Kraken Also Targeted in Phishing Campaign Behind Coinbase Breach
Cryptocurrency exchanges Binance and Kraken were reportedly targeted in a wave of phishing attacks similar to the one that hit Coinbase, according to a Bloomberg report published Thursday. Read More
Telegram Shuts Down Major Chinese Darknet Marketplace Huione Guarantee
Haowang Guarantee, previously known as Huione Guarantee, announced its closure on Monday after Telegram banned thousands of associated accounts, channels, and groups linked to the marketplace. Read More
Ukraine Eyes Strategic Bitcoin Reserve in Partnership with Binance
Ukraine is exploring the establishment of a national strategic Bitcoin reserve in partnership with Binance, the world’s largest cryptocurrency exchange. Read More
Coinbase Invests in Canadian Stablecoin Issuer Stablecorp
Coinbase has announced a strategic investment in Stablecorp, a Toronto-based fintech company that issues QCAD, a fiat-backed stablecoin pegged to the Canadian dollar. Read More
Celsius Founder Sentenced to 12 Years in Federal Prison for Fraud and Market Manipulation
Alex Mashinsky, founder and former CEO of the collapsed cryptocurrency lending platform Celsius Network, has been sentenced to 12 years in federal prison. Read More
