Jump Trading has begun making markets on Kalshi, becoming one of the first major proprietary trading firms to participate in the event-betting business that's drawing interest from both Wall Street and Silicon Valley.The Chicago-based firm has been providing liquidity on event contracts that allow users to wager on everything from elections to sports outcomes, according to Bloomberg, quoting people familiar with the matter who requested anonymity.The move comes as prediction markets experience explosive growth, with platforms like Kalshi and Polymarket handling a combined $7.4 billion in trades during October alone. Sports contracts have emerged as the dominant category, accounting for $1.1 billion of Kalshi's volume in the final week of October.Institutional Players Test New Prediction Market WatersJump's entry follows signals from other major financial firms that they're weighing participation in event markets. AQR Capital Management co-founder Cliff Asness recently said his firm is considering an expansion into sports betting, while Susquehanna International Group has been providing liquidity on Kalshi for some time.The activity represents a shift for prediction markets, which until recently operated on volumes too small to attract established trading operations. Kalshi just raised $1 billion at an $11 billion valuation, up from $5 billion only a month earlier. The funding round, backed by Sequoia Capital, CapitalG, and Andreessen Horowitz, puts Kalshi within reach of Polymarket's estimated $12 billion to $15 billion valuation.Jump previously operated a sports-betting team in London that traded on platforms like Betfair during the late 2010s, but wound down that effort around 2023. Jump Capital, the investment arm created by Jump Trading's founders, also backed Sporttrade, an early regulated prediction market.Crypto Exchange Builds Kalshi-Powered PlatformCoinbase is, reportedly, developing a prediction markets platform that will use Kalshi's regulated infrastructure, according to screenshots uncovered by tech researcher Jane Manchun Wong. The images show a fully designed interface branded with Coinbase's logo and indicate the platform will be operated through Coinbase Financial Markets, the exchange's derivatives division.The platform would allow users to deposit USDC stablecoins and trade on various event categories including economics, sports, politics, and technology. Coinbase executive Max Branzburg said in August that the company was building an "exchange for everything" and exploring tokenized stocks and prediction markets.Public access to the unreleased Coinbase platform was removed shortly after Wong disclosed the screenshots.Retail Brokers See Rapid AdoptionRobinhood reported that users traded 2.3 billion event contracts between July and September, with October volume hitting 2.5 billion. The company said prediction markets and its Bitstamp acquisition together generate approximately $100 million in annualized revenue.Total revenue for Robinhood's third quarter reached $1.27 billion, up 129% from the prior year, beating analyst expectations. Chief Financial Officer Jason Warnick said the company saw record monthly volumes across equities, options, prediction markets, and futures in October.Sneakers Join Event ContractsKalshi announced a partnership with StockX that adds a new category of event contracts tied to resale prices for sneakers, collectibles, and other high-demand consumer products. Users can now bet on whether specific sneaker releases will exceed certain resale price thresholds, or which brands will dominate StockX sales during major shopping events.Initial contracts cover items ranging from holiday sneaker releases and Supreme apparel to Pokémon card collections and Pop Mart Labubu figurines. StockX provides aggregated, anonymized market data to inform contract creation."Sneaker, apparel, and collectible drops on StockX have become defining cultural moments with clear, measurable outcomes, the very kind of real-world events Kalshi was built for," said Tarek Mansour, Kalshi's co-founder and chief executive.Regulatory Questions PersistState gaming regulators and Native American tribes have challenged the legality of prediction markets in ongoing court cases. The platforms have grown by classifying wagers as regulated financial contracts rather than gambling, allowing them to sidestep state gaming laws.The Commodity Futures Trading Commission, which oversees the exchanges, has not moved to halt trading. Kalshi operates under CFTC regulation, while Polymarket faces scrutiny over its decentralized structure and has been blocked in Romania over unlicensed gambling concerns.For prediction markets to continue scaling, they'll need deeper liquidity from participants willing to take both sides of trades, the role that firms like Jump Trading and Susquehanna have long played in traditional markets. This article was written by Damian Chmiel at www.financemagnates.com.

After a turbulent start to the year, shares of CMC Markets (LSE: CMCX) staged a strong comeback, climbing more than 40% in just three trading sessions. The surge followed the release of the company’s half-year financial results and a bullish forecast for the coming year, attracting attention across the trading platform sector.CMC Markets Shares Bounce Back on Strong ResultsCMC Markets’ stock, which spent much of early 2025 drifting near 200 pence, accelerated to retest the 290 pence level last seen at the beginning of the summer. This shift comes after months of steady decline and cautious optimism among market participants.The 40% rally has erased the year’s earlier losses, pushing the broker’s year-to-date performance up to around 17%. In contrast, sector peers like XTB have sunk from all-time highs to a modest loss, while Plus500 and IG Group report more muted single-digit gains.If the current upside momentum extends past the 290 pence mark, some traders are eyeing the 340 pence resistance that defined last year’s upper bound. Even with the recent pop, CMC shares remain far (almost 85%) from their pre-pandemic peak of 538 pence, leaving plenty of ground to recover.“It appears that British shareholders are far more enthusiastic about the reports released by their domestic brokers,” says Arkadiusz Jóźwiak, analyst and editor-in-chief of B2C portal Comparic.pl, which focuses on the CFD industry. “When XTB reported similar figures on the Warsaw Stock Exchange, the share-price jumps were not nearly as strong.”Record Australian Revenues and Westpac Partnership Drive Outlook HigherCMC’s latest half-year net operating income reached £186.2 million, up 5% from a year ago and surpassing internal forecasts. The Australian stockbroking unit delivered a record performance, boosting net operating income in the region by 34% and lifting assets under administration to A$91 billion. Profit before tax was steady at £49.3 million, with an interim dividend declared at 5.5p per share, up 77% year-on-year.A key highlight is the extended partnership with Westpac, Australia’s second-largest bank, which is expected to grow CMC’s local customer base by roughly 40% and lift trading volumes 45% once integration is complete. The firm’s leadership signaled this move as “a significant and exciting opportunity” to strengthen CMC’s presence in the Australian market.While CMC Markets’ growth from 2024 now stands at over 170% from January, Plus500 gained 88%, XTB 78%, and IG Group 35% for the same period. CMC clearly leads the pack when viewed from the start of the last year.“Super App” Ambitions Put CMC at Industry ForefrontAdding fuel to the rally, CMC confirmed that its three-phase “Super App” modernization is set to launch its first phase, a multi-asset platform combining equities, derivatives, and wealth management, next month in the UK. Later phases will introduce decentralized finance (DeFi) products, tokenized assets, and banking features. The aim is to compete with the likes of NAGA, Swissquote, and XTB, all of whom are chasing “Super App” status, though none currently match the breadth of China’s Alipay or WeChat financial platforms.Behind the scenes, CMC showcased operational momentum with its first blockchain-based tokenized share trade and broad growth in European API partnerships, driving hundreds of thousands of new trading accounts through neobank channels. This article was written by Damian Chmiel at www.financemagnates.com.

A Bermuda-based insurance unit now owned by UBS lost its final appeal against a massive damages award connected to one of the banking industry's more notorious internal fraud cases.The Privy Council in London dismissed most arguments from Credit Suisse Life (Bermuda) Ltd. on Monday, leaving the liability finding intact while ordering a modest recalculation of the $600 million-plus award to Bidzina Ivanishvili, the billionaire founder of Georgia's ruling party.The decision caps years of litigation across multiple jurisdictions over losses Ivanishvili suffered at the hands of Patrice Lescaudron, a relationship manager who ran a fraud scheme for nearly a decade before getting caught in 2015. Lescaudron was convicted in a Swiss court in 2018 for forging signatures and stealing from clients to cover shortfalls in other portfolios.Parallel Verdicts Pile Up Across JurisdictionsThe Bermuda case focused on two life insurance policies Ivanishvili funded in 2011 and 2012 with roughly $750 million in cash and assets, kept separate from his other Credit Suisse accounts. A Bermuda chief justice ruled in 2022 that CS Life had turned a blind eye to Lescaudron's activities, awarding $607 million in damages.Singapore's International Commercial Court issued a separate ruling in 2023 ordering Credit Suisse Trust to pay $461 million, finding the bank failed to act in good faith and didn't adequately protect Ivanishvili's assets from Lescaudron's reach. That court adjusted its award downward to avoid double-counting losses already addressed in the Bermuda proceeding.UBS is still paying for the rescue of Credit Suisse several years ago. In early August, for example, it agreed to pay about $300 million to settle mortgage-related obligations inherited from Credit Suisse, marking another step in the Swiss lender’s effort to resolve legal issues stemming from its emergency takeover of its former rival.Moreover, UBS still faces potential costs tied to other Credit Suisse legal matters, including fallout from the 2021 collapse of Archegos Capital Management. Bloomberg Intelligence estimates that the remaining cases could total roughly $500 million.Narrow Victory on Timeline DisputeCS Life challenged the Bermuda courts' interpretation of its contractual obligations to Ivanishvili, arguing judges applied too broad a timeframe for calculating damages. The Privy Council sided with the bank on one technical point, ruling that damages should start from when the life policies were initiated rather than when assets were transferred.The court didn't specify what the revised figure would be after this adjustment. UBS, which absorbed Credit Suisse in a rescue deal in 2023, has already set aside the required funds in an interest-bearing escrow account.A UBS spokesperson told Bloomberg the bank noted the decision but declined further comment.Questions Linger Over Payment TimingThe fraud came to light in 2015 when two Credit Suisse executives called Ivanishvili's team to report that Lescaudron had been hospitalized and they'd discovered a major shortfall triggered by a margin call. An audit revealed Ivanishvili's portfolio, reported at $1.2 billion, was actually worth $440 million.Credit Suisse maintained throughout Lescaudron's criminal trial that he operated alone and concealed his activities from colleagues and supervisors. Courts in both Bermuda and Singapore rejected that characterization, finding the bank's systems and oversight fell short.The case was one of several scandals that eroded investor confidence in Credit Suisse before its collapse and forced merger with UBS. While the Privy Council decision settles the Bermuda litigation, questions remain about when and how payment will be made given sanctions against Ivanishvili and ongoing geopolitical complications. This article was written by Damian Chmiel at www.financemagnates.com.

Limassol, Cyprus - November 2025, easyMarkets, a leading CFD broker, today announces a significant leadership transition as it appoints a new CEO to drive the company’s next era of growth, innovation and global expansion.After more than a decade of visionary leadership, Nikos Antoniades will step down from his role as Chief Executive Officer. Having joined the company in 2007 and assuming the CEO position in 2014, Nikos has been instrumental in transforming easyMarkets into a trusted name in global trading. He has led the company through major regulatory milestones, platform advancements, and consistent expansion. Succeeding him as CEO is Koula Lamprou, who brings over 16 years of experience at easyMarkets across senior financial and operational roles. With a proven track record in strategic growth and financial leadership, Koula brings deep institutional knowledge and a modern leadership style defined by collaboration, clarity, and accountability. Her appointment reinforces easyMarkets commitment to innovation, transparency, and long-term client success.In another key appointment, Garen Meserlian has been appointed Chief Operating Officer. Garen’s expertise in brand strategy, consumer behaviour, and digital transformation has already reshaped the company’s marketing and digital approach. As COO, he will now play a broader role in aligning business operations with easyMarkets strategic vision and client-first mission.“These changes reflect the strength of our leadership and the company’s commitment to continuous evolution,” said Nikos Antoniades. “I am proud of what we have accomplished so far and confident that under Koula’s and Garen’s leadership, easyMarkets will achieve even greater success.”“I’m honoured to step into the role of CEO,” said Koula Lamprou. “With the strong groundwork already in place, we are ready to elevate our vision, staying true to our values of innovation, transparency and a relentless commitment of empowering traders globally.”easyMarkets extends its heartfelt thanks to Nikos for his exceptional leadership, vision and dedication. His legacy remains embedded in the foundation of the company’s culture and its continued growth.For more information on easyMarkets, please contact Georgia Kyriakou, Digital PR Manager, Email: support@easy-markets.com, Tel: 25 828899 ABOUT easyMarkets easyMarkets, founded in 2001, is an award-winning global broker. One of the first to offer an online experience with innovative risk management tools, including Guaranteed Stop Loss with No Slippage* and easyTrade. easyMarkets provides its sizeable clientele with a streamlined, accessible, and flexible trading experience. Offering over 275 tradeable instruments, tight fixed spreads, and 24/5 dedicated support to traders around the world, easyMarkets continues to revolutionize the trading sector by providing unparalleled security and safeguards for client funds and consistently prioritizing client commitment and satisfaction. *Guaranteed Stop Loss with no Slippage is only available on easyMarkets web & app trading platform. Activate with wider spread for total risk control. This article was written by FM Contributors at www.financemagnates.com.

StoneX Group Inc. reported its strongest quarterly performance on record for the three months ended Sept. 30, with net income jumping 12% to $85.7 million despite absorbing acquisition-related costs that cut nearly 14 cents per share from earnings.The financial services firm notched net operating revenues of $585.1 million for the fiscal fourth quarter, up 29% from the year-ago period. For the full fiscal year 2025, StoneX generated net income of $305.9 million, a 17% increase that marked another annual record for the company.CFD Revenues Decline Amid Lower VolatilityForeign exchange and contracts for difference (CFDs) trading softened during the quarter, with FX/CFD revenues falling $29.1 million across the company's operations. Average daily volumes in FX/CFD products dropped 7%, while revenue per million dollars traded declined 32% to $83 from $123 in the prior-year quarter.The Self-Directed and Retail segment, which houses most of the firm's CFD activity, saw operating revenues slide 22% to $81.1 million. Segment income fell 51% to $14.5 million from $29.8 million, as diminished currency volatility reduced client trading activity. For the full fiscal year, however, the retail unit posted a 12% gain in segment income to $129.6 million.The quarter's CFD weakness stood in contrast to strength elsewhere in the business, where two major acquisitions and surging equities volumes offset the retail trading slowdown.It is worth noting that StoneX is the parent company of the CFD brokers Forex.com and City Index. Key Financial MetricsTwo Major Deals Close in Fourth QuarterStoneX wrapped up fiscal 2025 with back-to-back acquisitions that expanded its footprint in futures clearing and investment banking. The R.J. O'Brien purchase, which closed July 31, brought in 20 million listed derivative contracts during the quarter and added $141 million in operating revenues. The acquired business contributed $5.6 billion per month in average client equity for the two months following the deal close.To finance the transactions, StoneX increased its senior secured notes from $550 million to $1.175 billion with new bonds due in 2032. The debt issuance closed July 8, just ahead of the R.J. O'Brien acquisition. Interest expense on corporate funding nearly doubled to $27.7 million in the quarter, up 94% from the prior year."We are confident that integrating these acquisitions will allow us to deliver a more comprehensive suite of products to both new and existing clients," Executive Vice-Chairman Sean O'Connor said in a statement.Listed Derivatives Lead Segment GrowthOperating revenues from listed derivatives climbed $89.4 million to $207.6 million, driven almost entirely by the R.J. O'Brien deal. The acquisition contributed $89.5 million to that figure. The Commercial segment added $40.5 million in listed derivatives revenue, while the Institutional unit brought in $48.9 million.Total listed derivative contract volume reached 66.3 million in the quarter, up 15% year-over-year. Average revenue per contract rose to $2.79 from $1.99, a 40% increase. Average client equity in listed derivatives jumped 71% to $11.3 billion, though that figure included the two-month RJO impact.Securities revenues increased $107.6 million to $519.4 million on higher trading volumes and improved margins. Average daily volume climbed 25% to $9.5 billion, while revenue per million dollars traded rose 23% to $315.We’re pleased to share our fiscal 2025 Q4 financial results, which marks the end of another record annual performance in both revenues and net income, and one in which we continue to grow both our product capabilities and client base. Sean O’Connor, Executive Vice-Chairman of… pic.twitter.com/J7YolYgxow— StoneX Group Inc. (@StoneX_Official) November 24, 2025Payments Unit Holds SteadyThe Payments segment delivered $52.1 million in operating revenues, up 7% from the year-ago quarter. Average daily payment volumes increased 13% to $79 million, though revenue per million processed declined 4% to $10,234.Segment income for Payments reached $30.1 million, a 21% increase from the prior year. For fiscal 2025, the unit generated $116.8 million in income, up 4% from fiscal 2024.StoneX ended the fiscal year with total assets of $45.3 billion and stockholders' equity of $2.4 billion. Return on equity was 15.2% for the quarter and 15.6% for the full year. Diluted earnings per share reached $5.89 for the year, up from $5.31 in fiscal 2024. Common shares outstanding increased to 52.2 million from 47.8 million a year earlier, partly due to a three-for-two stock dividend distributed in March. This article was written by Damian Chmiel at www.financemagnates.com.

Prop trading has grown fast over the past few years, and more people are looking for firms that offer fair rules, fast payouts, and real prompt support. During an interview with Finance Magnates, Sumedha, the Chief Financial Officer of Hola Prime, explained how the company is building a stronger and more open space for traders everywhere. Her answers showed a company that takes trading seriously and focuses on giving people the tools they need to grow.Intro to Prop Trading and Why It Matters TodayProp trading allows traders to work with firm-provided capital rather than their own money. This gives new and skilled traders a chance to grow without taking heavy personal risk. Many traders look for firms that treat them fairly, pay on time, and offer proper help. That is where Hola Prime aims to make a difference.What Makes Hola Prime Stand OutHola Prime runs both a prop firm and a licensed brokerage, which gives traders many options under one company. Their key USP is One Hour payouts. They have more than 200 staff members, a large trader community, and teams across different time zones. The company places a strong focus on honest business, fast payments, and clear rules.A Clear and Simple Look at Hola Prime’s ModelHola Prime has built its trading system around simple rules, friendly support, and open communication. They do not make traders wait long for payouts, and they avoid confusing terms. They aim to make the prop trading process smooth and fair.How Their One-Hour Payout System WorksOne of the most significant points made in the interview was their promise of a one-hour payout. Many firms take days, but Hola Prime set up a system that plans payouts a day in advance. Their team follows a solid framework that enables them to process payments quickly and without issues.? SEE HOW HOLA PRIME EXPLAINS THEIR PAYOUT SYSTEM AND TRAINING APPROACH IN DETAIL.Why Hola Prime Focuses on Honest and Open ProcessesHola Prime does something rare: it publishes a daily price report that compares its data with market standards. This helps traders trust the prices they see on the platform. The firm also keeps rules clear so traders know exactly what they can and cannot do.Support System and Training for All Skill LevelsHola Prime offers training and help for beginners, growing traders, and advanced traders.Free Coaching for Every TraderThis is one of their strongest features. Every trader, even those still in the challenge stage, can get free one-on-one coaching. Coaches break down trading concepts and help traders fix common mistakes.Hola Prime TV and Live Trading SessionsHola Prime runs 14 hours of live trading on YouTube every day. Their coaches have decades of experience, and they guide traders through real-time sessions. This is in addition to Free One on One sessions with Coaches, for all their traders, whether in challenge or funded phases. This gives traders an immense opportunity to learn continuously.What’s Coming Next Hola PrimeThe interview also revealed several new developments:Wider launch of their licensed brokerage, Hola Prime MarketsNew challenge typesA new copy trading systemExpansion of their global campaign called “We Are Traders”, which supports traders of all backgrounds, uplifts and celebrates them.? WATCH THE COMPLETE INTERVIEW TO HEAR ALL THE DETAILS.Hola Prime wants trading to be seen as a skill-based profession that anyone can learn with proper support.Hola Prime is building a strong and open setup for people who want to grow in prop trading. Their mix of fast payouts, clear rules, Live TV, free one on one coaching, and a wide selection of platforms makes them stand out in a market that often feels confusing. With new tools and programs coming soon, they continue to support traders who want a fair and stable trading environment.Hola Prime has been awarded Global Most Transparent Prop Firm 2025 at the Finance Magnates Annual Awards, a title that celebrates the brand’s integrity, open communication, and commitment to trader confidence. This article was written by Finance Magnates Staff at www.financemagnates.com.

Australia-licensed Learn to Trade, which offers coaching and training services online for margin forex and contracts for difference (CFD) trading, has failed to comply with local financial services laws, and thus, the local regulator has imposed “additional licence conditions” on it.Join IG, CMC, and Robinhood in London’s leading trading industry event!A Licensed Forex Trading Education PlatformAccording to the Australian Securities & Investments Commission’s (ASIC) announcement today (Tuesday), Learn to Trade failed to comply with a number of its Australian financial services (AFS) licence obligations, which required the lodgement of certain financial documents and notifications.Learn to Trade obtained the AFS licence in January 2010, which allows the platform to provide financial product advice about derivatives, foreign exchange contracts and securities to retail and wholesale clients.Apart from the Australia-focused platform, Learn to Trade also established a presence in the United Kingdom under a separate local entity. ASIC action is only against the Aussie business of the brand.The action came a couple of weeks after the Aussie regulator outlined its enforcement priorities for 2026, which include “financial reporting misconduct, including failure to lodge financial reports.”“Likely to Continue Contravening Its Obligations”The Australian regulator has now revealed that the company failed to lodge its annual financial statements and audit report for the last two consecutive financial years, those ending in 2023 and 2024, within the prescribed timeframe.The regulator also highlighted that the company was late in lodging the required financial statements multiple times since 2012.ASIC has now concluded that “in the future, LTT was likely to continue contravening its obligations under financial services laws.”The Sydney-based company even failed to notify the regulator about the appointment of a new auditor.Following the alleged lapses, the regulator’s new licence conditions require Learn to Trade to appoint an independent compliance consultant to review and assess its procedures for ensuring that it lodges an auditor’s report and financial statements as required under its licence conditions within the prescribed timeframe.Additionally, the consultant needs to consider the company’s “procedures and frameworks for monitoring its compliance with the financial services laws, for identifying and reporting breaches and other relevant policies and procedures.”The regulator further explained that the consultant must provide the regulator with two separate reports so that it can assess whether Learn to Trade is likely to comply with its obligations in the future or whether further action may be needed.FinanceMagnates.com reached out to Learn to Trade but did not receive any response as of press time. This article was written by Arnab Shome at www.financemagnates.com.

A new federal lawsuit has accused Binance of enabling Hamas-linked payments in the years leading up to the October 7, 2023, attack in Israel, placing fresh pressure on the world’s largest crypto exchange and its founder Changpeng Zhao.Digital assets meet tradfi in London at the fmls25According to the Financial Times, the filing claims the platform allowed large volumes of sanctioned money to move undetected, despite previous warnings and U.S. enforcement actions. The filing paints a picture of a platform that became an unregulated financial channel for sanctioned organizations, despite mounting warnings and prior enforcement actions.Binance founder Changpeng Zhao accused of facilitating payments to Hamas https://t.co/qlyh5uuXp5— Financial Times (@FT) November 24, 2025The complaint, filed in U.S. District Court in North Dakota, accuses Binance and its founder Changpeng Zhao of allowing U.S.-designated terror groups to transfer funds at scale. Families Claim Binance Enabled Covert TransfersThe suit argues that Binance “deliberately failed to monitor inbound funds,” creating a pathway for Hamas, Hezbollah, Palestinian Islamic Jihad, and Iran’s Revolutionary Guard Corps to circulate money through the exchange.The 306 American plaintiffs reportedly include families of victims killed or kidnapped on October 7. Their attorneys argue that Binance’s lax controls directly contributed to the attack’s financing. The filing claims Binance enabled more than $1 billion in transfers to wallets tied to designated terror organizations, far above the roughly $2,000 in Hamas-linked transactions previously cited by U.S. authorities in 2023. According to the complaint, the exchange allowed users under sanction or seizure orders to move funds between internal accounts, weakening any attempt at enforcement.You may also like: Teng Says Bitcoin May Reclaim Its Price, But Can CZ Reclaim His Role?Investigators cite forensic traces connecting Binance activity to accounts in Gaza, Lebanon, Venezuela, and even North Dakota, where the suit alleges a Hamas-linked account accessed the platform several times from a small town near Fargo. Zhao’s Legal History Adds Context to the CaseZhao pleaded guilty in November 2023 to violating the Bank Secrecy Act after U.S. regulators accused Binance of running an unlicensed money-transmitting business and failing to maintain anti-money-laundering controls. He served four months in federal prison before receiving a presidential pardon last month. The exchange itself paid more than $4 billion in penalties as part of its settlement with U.S. authorities. The suit marks one of the most aggressive legal challenges yet against a major crypto exchange over national-security concerns, and it raises fresh questions about the industry’s ability to monitor cross-border transactions as geopolitical risks rise. This article was written by Jared Kirui at www.financemagnates.com.

Thailand-based digital assets exchange Bitkub is exploring an initial public offering in Hong Kong, people familiar with the matter told Bloomberg. The exchange may aim to raise about $200 million, possibly next year, the sources said, adding that discussions are ongoing and details could still change.Digital assets meet tradfi in London at the fmls25Investor interest in cryptocurrency IPOs in 2025 has shown uneven results. While Circle Internet Financial and Galaxy Digital have delivered gains since their listings, other firms, including eToro, Bullish, and Gemini, have seen stock prices fall. [#highlighted-links#] Experts note that lasting gains “require more than initial market enthusiasm,” highlighting the variable performance of crypto companies on public markets this year.Previous Thailand IPO Plan ShelvedBitkub, founded in 2018, previously considered an IPO in Thailand. The plan was dropped due to the weak performance of the domestic stock market. Thailand’s market, one of the worst-performing globally in 2025, has seen listings fall by an average of over 12%, while the main index dropped 10%.Hong Kong as Regional HubThe exchange is Thailand’s largest cryptocurrency platform, with a total 24-hour trading volume of $60.75 million, according to Coingecko.Hong Kong has sought to position itself as a regional hub for digital assets. The Securities and Futures Commission and the Hong Kong Monetary Authority have provided a regulatory roadmap for the sector.Crypto Exchange Bullish Valued at $13.2BBullish, a cryptocurrency exchange in the United States, provides a recent example of crypto firms going public. The company made its NYSE debut, with shares rising from the $37 IPO price to close at $68, giving it a valuation of about $13.2 billion. The offering raised $1.1 billion, exceeding initial pricing expectations due to investor demand. Bullish primarily serves institutional clients and has processed $1.25 trillion in transactions, offering spot, margin, and derivatives trading. The IPO adds to a growing number of crypto firms going public, including eToro, Gemini, and Coinbase. This article was written by Tareq Sikder at www.financemagnates.com.

Even a few small errors in employee expense claims can quietly cost companies millions. Data from Rydoo, an expense management software provider, shows that firms are overpaying on employee reimbursements by 5–14% on average.Join IG, CMC, and Robinhood at London’s leading trading industry event!While most expense submissions follow policy, gaps in manual review processes allow costly errors and even deliberate fraud to slip through. Rydoo analyzed over 10 million expense claims through its Smart Audit module, which uses AI to detect non-compliance. Non-Compliance Drains Money and TimeThe findings reveal that 86% of expenses comply with company policy, leaving 14% of claims at risk. This 14% includes both errors, such as misclassified or incomplete claims, and intentional actions like duplicates or falsified receipts.Left unchecked, these claims inflate operating costs and reduce potential VAT recovery. Manual expense reviews compound the problem. A mid-sized company of around 650 employees could spend 2,300 hours annually checking claims, yet still miss repeat patterns or anomalies.“Advanced AI audit solutions can close control gaps by enabling finance teams to automatically review every claim in real time and apply policy consistently, while maintaining human oversight where it adds value,” said Sebastien Marchon, CEO of Rydoo. “With meaningful time and cost saving benefits, companies that fail to embrace technology in expense management will fall behind.”However, artificial intelligence is changing the way finance teams approach expense compliance. By analyzing 100% of claims in real time with roughly 97% accuracy, AI flags anomalies automatically.From Detection to Intelligent GovernanceLow-risk, recurring claims – around 70% of submissions – can be processed without human intervention, freeing finance staff to focus on exceptions and higher-risk cases. According to the study, AI not only improves accuracy but also reduces the hours spent on manual checks, improving operational efficiency across finance teams.You may also like: Crypto.com Adds Google Pay in UK to Boost Mobile Wallet PaymentsWith AI embedded in platforms, finance teams can shift from periodic auditing to continuous assurance, combining real-time monitoring with human-in-the-loop oversight. This approach ensures policy compliance while giving employees faster processing of legitimate claims.While AI helps control compliance, it also creates new challenges. Fake receipts generated by AI tools and manipulated claims using simple software are becoming more sophisticated, making traditional manual audits increasingly insufficient. Marchon warns that 30% of expense fraud could be AI-generated in the near future, highlighting the need for technology-driven detection systems.Real Savings and Strategic ValueAutomation isn’t just about preventing overpayments. Rydoo’s data shows that around 70% of low-risk claims – like subscriptions, commute allowances, and routine purchases – can be processed end-to-end automatically. This saves hundreds of hours per year and improves the consistency of reviews. High-value or ambiguous expenses still benefit from human oversight, allowing finance teams to focus on strategic, high-impact work. This article was written by Jared Kirui at www.financemagnates.com.

A platform called XPO.RU is at the centre of a large investment racket in Rajasthan, India, local media reported. It operated through a website and mobile app and was promoted as a channel for overseas investments. The group held seminars and offered referral commissions to attract investors.Join IG, CMC, and Robinhood at London’s leading trading industry event!Police say about 450K people across India lost nearly $420 million. In Jodhpur, around 10,000 people invested roughly $18 million. At a seminar on 22 September in Jhalamund, participants were promised a 10 percent commission for adding new investors.Company Claims Exaggerated, Funds MisrepresentedThe case surfaced after a complaint was filed in Bharatpur. Police later arrested five associates of the operation. Officers seized jewellery, five cars, and cryptocurrency worth approximately $4.8 million.Investigators said the company claimed “4.7 million users” and “USD 4.3 billion” in funds. Actual figures were about 470K users and deposits of around $370 million.Despite the arrests, the company’s directors continue to tell investors “not to panic” and say the situation will “settle soon.”Luxury Seminars Used to Lure InvestorsPreparations continue to take 50 investors from Jodhpur and 200 from across the state to Azerbaijan on 2 December. The company is not registered with any Indian authority. Local media reported that the same group also ran Digix.com, which raised over $60 million from about 9,000 investors. Although XPO.RU claims to operate from Russia, the network began its activities in Jaipur in 2022.Investors said seminars were held in luxury hotels in Jodhpur, where operators showcased high returns and displayed vehicles. One investor said they gifted “Mercedes, Range Rovers and BMWs” during the events. Several vehicles remain booked at two showrooms. Some investors were also taken on foreign trips.The company promised monthly returns of 15 to 20 percent. Many people used bank and private loans to invest, hoping to earn more than typical loan interest of 1 to 2 percent per month. This article was written by Tareq Sikder at www.financemagnates.com.

Crypto.com has activated Google Pay support for all UK-issued Crypto.com Visa cards, giving users the ability to make tap-to-pay purchases with their Android devices across any merchant that accepts Visa or Google Pay.Digital assets meet tradfi in London at the fmls25Integration Via Crypto.com of Google WalletAccording to the company, the integration allows UK customers to add their Crypto.com Visa cards directly through the Crypto.com app or Google Wallet. Once linked, users can tap their Android devices in stores, pay online, or complete in-app purchases at any merchant that accepts Visa or Google Pay.Exciting news for users with UK-issued https://t.co/vCNztATkNg Visa Cards! You can now enjoy contactless payments by adding your Card to Google Walletᵀᴹ ?? ? Add your Card now: https://t.co/uizkqIx8I2 ℹ️ Only available for UK-issued https://t.co/vCNztATkNg Visa Cards.… pic.twitter.com/B7L3nxq1ro— Crypto.com (@cryptocom) November 24, 2025Each transaction reportedly converts crypto to cash instantly in the background, and is available for UK card holders. The exchange has touted the encrypted payment data as a way to reduce exposure and allows customers to transact without revealing personal card details.Crypto.com positions this update as a way to streamline how users spend digital assets in daily life, where it removes the friction of carrying a physical card or navigating additional steps to move crypto into usable funds.Crypto.com’s Global Payments PushThe UK rollout forms part of Crypto.com’s broader effort to drive mainstream adoption of crypto-linked debit cards across multiple regions. The company has already expanded wallet-based payments in parts of Europe, aligning with a global shift toward contactless and mobile-first transactions.Read more: Crypto.com Launches Entertainment Prediction Markets with CFTC Regulated US LicenseWallet integrations such as Google Pay have become a key competitive feature among crypto card providers. Crypto.com’s support for both Apple Pay and Google Pay deepens its reach into everyday financial behavior. As crypto ownership becomes more utility-driven, features that allow simple retail spending could help scale adoption across Europe and beyond.In 2021, Visa launched a pilot program that will allow its partners to settle fiat transactions on the Ethereum blockchain. The initiative comes through a collaboration with Crypto.com.Under the program, Visa’s partners can exchange USDC stablecoin via Visa’s payments network. Crypto.com will transfer USDC to Visa’s Ethereum address to settle some transactions processed through its Visa card program.To support the pilot, Visa’s treasury will be connected with Anchorage, a federally chartered crypto bank, which will help facilitate the blockchain-based settlements. This article was written by Jared Kirui at www.financemagnates.com.

FundingRock today announced the expansion of FundingRock Academy, an educational initiative designed to give traders practical exposure to live market activity and access to a global community of peers. While not a formal training program, the Academy provides observational learning opportunities, trading discussions, and community-driven support for individuals participating in FundingRock’s evaluation challenges.Observing Real Trading in ActionAt FundingRock Academy, traders can watch live sessions where experienced traders demonstrate decision-making, position management, and responses to market conditions. These sessions offer practical exposure to real trading activity. While FundingRock does not offer a formal curriculum or guarantee results, observing live trading helps participants gain perspective and see how trades unfold in real time.Traders working toward FundingRock’s evaluation challenges—covering account sizes from $5,000 to $200,000—can use these insights to inform their approach. The program sets clear profit targets and loss limits, giving traders a framework to practice decision-making in realistic conditions. Successful completion of both evaluation phases grants access to funded accounts and options for express payouts.Community Engagement and CollaborationFundingRock places a strong emphasis on community. Traders can connect through Discord, YouTube, Instagram, TikTok, and X, sharing experiences, asking questions, and discussing strategies. Cohort-based live trading rooms foster interaction, accountability, and peer feedback. By participating in this community, traders gain exposure to different trading styles and perspectives, helping them broaden their understanding of market activity.The platform also shares market recaps, highlights of trading sessions, and discussion opportunities to encourage ongoing learning and engagement. While these resources do not replace formal training, they provide valuable practical context for traders seeking to refine their approach through observation and practice.Practical Experience, Real Insights“FundingRock Academy is about providing opportunities for traders to observe, experiment, and interact with a community of peers,” said Meir Hefetz, CEO of FundingRock. “We don’t promise specific results or formal outcomes—our focus is on exposure, engagement, and insights. By participating in live sessions and community discussions, traders can explore different approaches and gain perspective on real trading activity.”A Supportive Environment for ExplorationThe Academy encourages responsible participation and curiosity. Traders are able to see how decisions play out, reflect on strategies, and exchange ideas with others in the community. This approach helps participants understand practical trading behavior without implying any guarantee of success or performance outcomes.About FundingRockFundingRock is a brand of Mindwave Training Limited (Company registration number HE471803), headquartered in Nicosia, Cyprus. The firm provides evaluation challenges, funded accounts, and a global trader community. FundingRock does not provide financial advice or investment services.Users can learn more at fundingrock.com. This article was written by FM Contributors at www.financemagnates.com.

The Singapore Exchange (SGX) has partnered with global financial services firm Marex to launch regulated perpetual futures for Bitcoin and Ethereum, aiming to capture a portion of the large offshore crypto derivatives market and shift some of that activity into a centrally-cleared, onshore environment.Digital assets meet tradfi in London at the fmls25 Perpetual futures remain the dominant crypto derivatives product with over $187 billion in daily global volume. Most of this activity still resides on offshore, unregulated venues. According to SGX’s product documentation, the new contracts target accredited, expert, and institutional investors. They feature no expiry, a continuous funding mechanism, and central clearing through SGX’s existing Singapore-based infrastructure. This mirrors the utility of crypto-native perpetuals while placing them into a traditional regulated framework. By offering these products onshore, SGX and Marex aim to attract institutions seeking lower counterparty risk, standardized clearing, and greater transparency. Marex acts as “day-one clearer,” a key launch partner that guarantees trades from the start. The company will facilitate access using a central clearing model typical in traditional futures markets but still uncommon across crypto exchanges. Growing Institutional Demand for Crypto Products The launch follows a surge in institutional appetite for regulated crypto instruments, accelerated by the success of U.S. spot Bitcoin ETFs. This momentum is driving interest in exchange-listed and centrally-cleared products that provide digital asset exposure without relying on offshore platforms.“As a day-one clearer for this product, Marex is proud to provide clients with first access… under the same standards applied to traditional derivatives products,” said Thomas Texier, Head of Clearing at Marex, highlighting the focus on risk management and capital efficiency.SGX’s Broader Digital Asset Strategy “Building a regulated and institutional-grade market for crypto derivatives requires strong clearing participation,” added Michael Syn, President of SGX Group. “Marex’s involvement supports our aim to provide global investors with transparent, robust access to crypto derivatives in Asia.” The initiative forms part of SGX’s multi-layered digital asset strategy. SGX was the first exchange in Asia to receive authorization from the U.S. CFTC as a derivatives clearing organization back in 2013, and it has been expanding its digital asset capabilities since. Most recently, SGX enabled Spain’s BBVA to offer crypto trading services to its retail customers, indicating deeper integration of digital assets into its broader infrastructure. For Marex, which already clears crypto derivatives on major regulated venues such as CME and Cboe, the partnership further consolidates its position as a bridge between traditional financial markets and the digital asset ecosystem. This article was written by Tanya Chepkova at www.financemagnates.com.

The global crypto ecosystem expands daily — new protocols, financial primitives, and business models emerge across DeFi, NFTs, GameFi, payments, and tokenized real-world assets. Yet, this diversity also increases operational complexity. For startups, it’s no longer just about securing investment — it’s about finding reliable partners who can provide the infrastructure, liquidity, and strategic expertise needed to scale sustainably and stand out in an increasingly competitive market.Opportunities and Scaling DemandsCrypto businesses can no longer afford to stay within a single niche. The current development trajectory focuses on payments, new markets, liquidity, and product diversification.Companies such as Circle and Tether demonstrate how stablecoin-based payment systems (USDC, USDT) are transforming into global channels for everyday transfers — especially in regions with unstable fiat currencies. Platforms like Binance Pay and BitPay are shaping a new standard for instant business-to-business transactions without intermediaries.Another key direction is market expansion. Coinbase, for instance, continues to localize its services for Europe and Asia, while European exchanges such as WhiteBIT are strengthening their presence across Central and Eastern Europe — regions with rapidly growing crypto adoption.At the same time, liquidity remains a decisive factor for success. Projects without access to deep markets or institutional trading infrastructure struggle to sustain growth. This is why partnerships with established exchanges are critical for emerging crypto companies — they provide liquidity, security, and credibility.Infrastructure as a Growth Engine At the core of any scaling crypto business lies infrastructure — APIs, transaction engines, custody, interoperability, and security. Without these pillars, even the most innovative product can falter under real-world demand.WhiteBIT provides an institutional-grade infrastructure suite designed to reduce operational risks and accelerate growth.Institutional offer & fee incentives: WhiteBIT’s institutional platform features maker fees starting at 0 %, taker fees from 0.05 %, and even negative-rebate schemes for deep liquidity providers (up to –0.012 %).Portfolio margin: In 2025, WhiteBIT introduced a Portfolio Margin tool for institutional clients, allowing them to unlock capital from existing token holdings and use it for trading or leverage without selling. This increases capital efficiency and liquidity flexibility.Crypto-as-a-Service / B2B integration: WhiteBIT’s modular Crypto-as-a-Service solutions enable fintechs and startups to embed crypto features — custody, trading, token listing, and fiat-crypto rails — directly into their products. This approach allows even small teams to scale to enterprise level without building everything from scratch.Similar partnership models have been successfully adopted by companies such as Revolut, Crypto.com, and MoonPay, which rely on shared infrastructure to enter new markets and launch products faster.WhiteBIT brings this model to the institutional and B2B space — helping partners grow efficiently while maintaining full security and compliance.Deep asset & chain coverage: The institutional offering supports wallet address creation across 330+ assets and 80+ blockchain networks, enabling broad interoperability.SEPA & fiat corridors: For asset managers and European clients, WhiteBIT tailors SEPA conditions with fixed deposit/withdrawal fees and customizable limits, smoothing fiat-crypto flows.Robust architecture: The platform is built for high throughput, low latency, fault tolerance, and security (e.g., cold storage, WAF, redundant systems). While WhiteBIT details public security posture in some product lines (e.g., 96 % of assets in cold wallets), the broader institutional architecture is expressly designed for enterprise resilience.The Role of Expertise and Strategic Support Infrastructure is only part of the story. Sustainable scaling also depends on strategic guidance and analytical insight. WhiteBIT works with partners not merely as a provider, but as a growth partner, offering:Consulting on market entry and regulation, helping tailor strategies for new geographies.Analytical and monetization support, optimizing pricing, fee models, and liquidity management.Operational best practices, from compliance and risk controls to trading and custody workflows.Joint growth initiatives, including co-marketing and token listings to expand market reach.This partnership model lowers the technical and strategic barriers to entry, allowing founders to focus on innovation rather than infrastructure.Parallel Success ModelsBusiness growth driven by partnerships between crypto companies and traditional financial institutions is already visible across multiple market segments. Here are some examples: Ripple + Qubika: In one implementation, Ripple partnered with integration specialists (Qubika) to onboard new markets and integrate crypto exchanges into its remittance network (Brazil, the Philippines, Australia) in under six months. WhiteBIT TR + Misyon Bank: The partnership connects regulated banking services with crypto liquidity and tokenization capabilities on a unified platform, expanding access for investors across Europe and strengthening Turkey’s position as a regional hub for digital assets.Mesh + Conio: A fintech wallet Conio integrated multiple major exchanges via open banking and API aggregation, allowing users instant transfers across top exchanges without manual QR flows. This partnership demonstrates how plumbing-level integration accelerates user adoption. Fintech apps embedding exchange features: Some app builders integrate exchange-like functionality through external providers, enabling buy/sell/receive flows without building matching engines themselves.Summing upThe future of crypto belongs to scalable, interoperable, and compliant ecosystems. For startups and enterprises alike, building that from scratch is no longer efficient.By combining high-performance infrastructure, API-driven integration, and strategic expertise, WhiteBIT transforms scaling from a bottleneck into a growth opportunity. In doing so, it positions itself not just as an exchange, but as a true enabler of the next generation of crypto businesses. This article was written by FM Contributors at www.financemagnates.com.

Investing and trading platform IG has launched a new customer promotion offering 5% cashback on investments made up to the end of December 2025. The promotion is open to UK residents opening their first IG account during the promotional period. It applies to IG’s ISA, General Investment Account, or SIPP.Join IG, CMC, and Robinhood in London’s leading trading industry event!The promotion follows IG’s recent initiatives in Singapore, where the firm launched its IG Markets brand and began offering 3% annual interest on shares and ETFs held on the platform.IG Launches Investment Cashback Promotion UKElise Ash, Marketing Director at IG, said: “For anyone new to investing or thinking about switching platforms, this offer provides a rewarding nudge in the right direction, giving them a valuable way to build their portfolio.” She added that investors can choose an ISA, SIPP, or GIA, and can also benefit from IG’s commission-free investing and available asset range.To qualify, customers must open a new account, place a first trade of at least £50, and maintain an active portfolio valued at a minimum of £50 from January to March 2026. Cashback will be calculated as 5% of the customer’s daily average invested value during the promotional period, with a maximum payout of £100. Payments are scheduled to be credited by 30 April 2026.IG Highlights Savings Shift, eToro Launches ISAIG has highlighted concerns over Cash ISAs through its “Save Our Stock Market” campaign, arguing that tax-advantaged cash accounts reduce investment in domestic equities. The launch coincides with eToro, in partnership with Moneyfarm, introducing a Cash ISA for UK customers. The account offers a 4.67% AER in the first year, combining a 3.87% variable base rate with a fixed 0.8% boost on the first deposit or transfer. Minimum deposit and transfer requirements are £500 and £15,000. The ISA works alongside eToro’s other account types and is available until the end of December 2025. This article was written by Tareq Sikder at www.financemagnates.com.

Finance Magnates is glad to share the complete list of winners in the National Category for the 2025 Awards. These awards shine a light on top brokers that stood out in their home markets through strong service, clear terms, and long-term client trust.The winners were announced during the Gala Dinner on 6 November 2025 at Carob Mill in Limassol, where leaders from global trading and fintech came together to honor standout brands of the year.National B2C Winners4XC: Most Transparent Broker 2025 (Mexico)4XC earned this award for offering clear trading terms, good support, and an honest approach that helps traders in Mexico feel safe and informed.At 4XC, as a trusted STP broker aligned with our clients' best interests, we aim to make every interaction with your dedicated personal manager and advanced tools an inspiring and empowering experience.Founded in 2018, we have since combined state-of-the-art technology with a client-first philosophy, ensuring fast execution, deep liquidity, and a flexible approach tailored to our clients' needs. We embrace integrity, transparency, and constant innovation as core values that drive our global growth.CFI: Most Established Broker 2025 (UAE)CFI was recognized for its long-standing presence, steady growth, and strong trust within the UAE trading community.CFI Financial Group, established in 1998, is MENA's leading online trading broker with over 25 years of experience. Operating from key locations like London, Abu Dhabi, Dubai, Cape Town, Baku, Beirut, Amman, and Cairo, CFI provides seamless access to both global and local markets. Offering diverse trading options across equities, currencies, commodities, and more, CFI delivers superior conditions, including zero-pip spreads, no commission fees, and ultra-fast execution.The company is a leader in AI-driven tools, offering intuitive and advanced solutions for traders of all experience levels. CFI fosters financial literacy through multilingual educational content and inspires excellence through partnerships with global icons like AC Milan, FIBA WASL, and MI Cape Town cricket team, as well as the Department of Culture and Tourism – Abu Dhabi. With Seven-Time Formula One™ World Champion Sir Lewis Hamilton as Global Brand Ambassador, CFI reflects a shared commitment to innovation and success while supporting cultural and community initiatives worldwide.FBS: Broker of the Year 2025 (Thailand)FBS stood out in Thailand for its strong service, wide asset range, and focus on local traders who rely on simple and steady tools.FBS is a global brand that unites several independent brokerage companies under the licenses of FSC (Belize), CySEC (Cyprus), and ASIC (Australia). With 16 years of experience and over 100 international awards, FBS is steadily developing as one of the market’s most trusted brokers. Today, FBS serves over 27 000 000 traders and more than 700 000 partners around the globe.Headway: Best Overall Broker 2025 (Indonesia)Headway earned this award by offering a complete mix of good pricing, strong support, and steady platform performance for traders in Indonesia.Headway is internationally acclaimed Forex broker that provides traders with access to over 500+ trading instruments, including currency pairs, metals, energies, cryptocurrencies. Regulated by the FSCA, the broker offers a transparent and secure trading environment with competitive spreads and fast market execution, allowing traders to optimize their strategies.The company stands out for its customer-centric approach, featuring 0 commission on deposits and withdrawals, unlimited leverage as well as the Copytrade system, empowering users to follow top traders' strategies.Tradu: Best Spreads Broker 2025 (UK)Tradu was honored for offering sharp pricing and tight spreads that help traders in the UK handle fast-moving markets with ease.Tradu is a London-based, Jefferies-owned multi-asset trading platform for the sophisticated trader and investor offering over 10,000 tradable assets across listed equities, commodities, cryptocurrencies, CFDs, forex, treasuries and indices. Built by traders for traders, Tradu is redefining the trading industry by providing clients with an intuitive and advanced platform with a superior trading experience across each of the tradable markets, all from one portal that can be accessed via a mobile app and web platforms. Tradu offers competitive pricing, professional trading tools and a client service team that strives for excellence, spearheading the evolution of mobile trading.Vantage: Best Affiliate Program Broker 2025 (UK)Vantage UK received this award thanks to its strong partner model, clear terms, and wide support for affiliate partners.Vantage is a multi-asset CFD broker committed to innovation, transparency, and client support. We offer a comprehensive trading environment, enhanced by technological upgrades, broad market access, and award-winning services.Vantage Global Prime LLP trading under Vantage, is authorized and regulated by the Financial Conduct Authority. FRN: 590299 and its principal place of business is at 7 Bell Yard, London WC2A 2JR, U - with other Vantage entities regulated in their respective jurisdictions.We’ve achieved numerous milestones and industry recognitions, including:• Award Wins – Most Reliable Trading Experience Australia 2025, Best Trading Experience LATAM 2025, and Most Transparent Broker MENA 2025 (World Business Outlook Awards).• Strategic Partnerships – Our global collaboration with Scuderia Ferrari HP showcases our pursuit of excellence and performance.• Community Initiatives – Through the independently operated Vantage Foundation, we support CSR programs, including financial literacy and marine conservation via The Sapphire Project.• Innovation – Continuous upgrades to our platforms ensure speed, security, and next-generation trading experiences.Vantage offers a robust range of trading solutions for all levels, including forex, commodities, indices, shares, ETFs, and bonds – all via CFDs.As a leading brokerage, we empower traders through:• Advanced Platforms – MetaTrader 4 & 5, WebTrader, and the award-winning Vantage App.• Competitive Pricing – Enjoy low spreads and minimal fees.• Educational Content – Access expert webinars, market insights, and training sessions.• Smart Tools – Leverage AI-powered tools, automated strategies, and advanced charting.• Regulatory Oversight – Operate confidently within secure, compliant frameworks.Vantage:Fastest Growing Broker 2025 (Vietnam)Vantage Vietnam was recognized for its rapid progress in the local market, strong community reach, and increasing trust among Vietnamese traders.Vantage: A Trusted, Award-Winning Multi-Asset BrokerVantage is a global multi-asset CFD broker providing traders with access to over 1,000 CFD instruments across forex, commodities, indices, shares, ETFs, bonds, and cryptocurrencies. With over 15 years of industry experience and entities regulated in multiple jurisdictions, Vantage delivers a secure, transparent, and high-performance trading environment tailored to traders of all levels.Recognised for its commitment to innovation and client-first approach, Vantage offers a robust trading ecosystem featuring MetaTrader 4 and 5, WebTrader, and the award-winning Vantage App. These platforms are supported by ultra-fast execution, competitive spreads, smart tools, automated strategies, and comprehensive educational resources to help traders make smarter decisions.Vantage operates under strict regulatory frameworks and maintains rigorous security standards, including segregated client funds with top-tier banks, ensuring safety and trust at every level of the trading experience.The broker has earned global recognition for its services, having been awarded titles such as Most Reliable Trading Experience in Australia by the World Business Outlook Awards, Most Innovative CFD Broker, APAC by Global Brand Awards 2025, and most recently Best Multi-Asset Broker and Best Customer Service by Online Money Awards 2025. These accolades reflect Vantage’s ongoing commitment to excellence and client satisfaction.Beyond trading, Vantage supports social impact through the independently operated Vantage Foundation, which champions financial literacy, social mobility, and sustainability. Recent initiatives include a partnership with The Sapphire Project focused on marine conservation.Driven by technology, purpose, and performance, Vantage continues to empower traders to navigate global markets with confidence.About the Finance Magnates Annual AwardsThe Finance Magnates Annual Awards highlight brands that stand out in online trading and fintech. Winners are selected through three steps: open nominations, community voting, and an expert panel. Each year, the awards bring the industry together to honor strong performance and growth. This article was written by Finance Magnates Staff at www.financemagnates.com.

An interview with Artem Seledtsov, Chief Business Development Officer and Chief Partnership Officer at ExnessEvery few decades, finance finds a new pulse. In the 1980s, it was deregulation. In the 2000s, it was digitization. Today, its inclusion, and Africa is setting the pace.South Africa, in particular, has become a proving ground for how technology, talent, and regulation converge to create more open and resilient markets. With Cape Town emerging as one of the world’s most dynamic fintech capitals, Exness’ new regional hub in the city represents more than a strategic expansion, it’s a reflection of a broader shift in global finance.In this interview, Artem Seledtsov, Chief Business Development and Partnership Officer at Exness, discusses how Africa’s fintech momentum is influencing global standards, what defines the new generation of traders, and why trust, access, and transparency are becoming the true currencies of modern trading.Why do you believe South Africa, and specifically Cape Town, is becoming a key hub for fintech and trading innovation?Cape Town represents a convergence of innovation, infrastructure, and talent. South Africa boasts one of the most advanced financial systems on the continent, and Cape Town has emerged as a vibrant fintech hub, accounting for over 41% of all startups in the country. This strength comes from a thriving ecosystem of universities, incubators, financial institutions, and a regulatory environment that nurtures fintech innovation and digital inclusion. For Exness, opening our office here was not only a strategic move but also a symbolic one; it reflects our belief that the future of finance is being built in places like this.How do you see the fintech revolution in Africa influencing global finance?The fintech revolution in Africa is a lesson in accessibility and innovation. Across Sub-Saharan Africa, technology has democratized finance in ways that few other regions have achieved. Mobile money and real-time payments have brought millions into the financial system, while fintech platforms are giving entrepreneurs and traders new tools to participate in the global economy. These innovations are influencing how financial inclusion is defined worldwide. We’re witnessing a clear shift: innovation no longer flows only from traditional financial centers—it now also flows from the Global South.Can you define what the next era of trading looks like, and who the next generation of traders will be?The next era of trading will be characterized by accessibility, transparency, and empowerment. The new generation of traders are digital natives, analytical, curious, and highly informed. They expect transparency from their brokers, seamless technology, and real-time control of their trading experience. In many ways, this new generation is shaping the standards for the entire industry. At Exness, we’ve learned that traders across Africa are ambitious, resourceful, and community-driven. They’re not just trading for profit, they’re building futures.Why has Exness chosen South Africa and Cape Town as a regional hub for Sub-Saharan Africa?South Africa is the region’s natural financial center, with strong institutions, regulatory maturity, and access to exceptional local talent. Cape Town, in particular, is rapidly emerging as a global innovation hub. It’s home to more than 450 tech companies and one of the fastest-growing start-up ecosystems in Africa. By establishing our new office here, we’re investing in the people and infrastructure that make sustainable growth possible. This is about being closer to our traders, understanding their needs, and providing them with world-class support from within their own region.Looking ahead five years, what will sustainable growth look like for the financial markets landscape and for Exness in particular?Sustainable growth will mean a more inclusive, transparent, and technology-driven financial system, one where geography is no longer a barrier to participation. For Exness, success in five years will mean continuing to be a trusted partner to traders and institutions across Africa, combining global expertise with local presence. Our new office in Cape Town, along with our licenses from the Financial Sector Conduct Authority (FSCA) in South Africa and the Capital Markets Authority (CMA) in Kenya, form the foundation for that vision. We see Africa not as an emerging opportunity, but as an essential part of the global financial future - and we’re here to grow with it.A new financial geography As global finance evolves, Africa’s role is no longer peripheral—it’s pioneering. From fintech startups to regulated brokers, the continent is redefining what innovation and access mean in practice.Exness’ new Cape Town hub captures that shift. It represents a model where proximity, transparency, and advanced technology work together to build lasting trust. In a world where finance is no longer confined by geography, Africa is redrawing the map. This article was written by FM Contributors at www.financemagnates.com.

Bitcoin (BTC) price during today’s (Monday’s), November 24, 2025, trading session is down 1% and moving just below $86,000, changing hands at $85,847. However, it's calmed after a very turbulent period that hit on Friday when BTC plunged to just $80,600. its lowest level in seven months and a drop of 33% from October's all-time high of $126,275. Along the way, a local support zone was created, marked by March lows between $82,000 and $84,000. On the daily chart, a pin bar or hammer candle formed with a very long lower wick and relatively short body, suggesting potential reversal attempt.Although some analysts predict we've drawn the final bottom of this bear trend, in my view this is only a bull trap and declines will continue toward lower targets. My Bitcoin price prediction: Decline to April lows and this year's minimum in the $74,000 range.Follow me on X for more up-to-date analysis and forecasts on major cryptocurrencies and other financial instruments.Arthur Hayes Bitcoin Price Prediction: $80K Dip Before $250K MoonshotArthur Hayes, former BitMEX co-founder and one of crypto's most influential voices, warns that Bitcoin may fall to $80,000 or even $85,000 before rebounding sharply toward $200,000 or $250,000 by the end of this year. In his latest essay published Monday, Hayes argued that Bitcoin's retreat "from roughly $125,000 to the low $90,000s aligns with a market grappling with tighter financial conditions, despite U.S. equities trading near record highs."This divergence, he said, suggests a credit event may be forming. Hayes described Bitcoin as a "free-market weathervane" for future fiat liquidity, suggesting it reacts ahead of political decision-making rather than in response to it. "Historically, Bitcoin tends to respond to contracting liquidity earlier than other risk assets," he noted.Hayes argued that Bitcoin could "absolutely" drop to $80,000 or $85,000 if equities decline 10-20% and Treasury yields climb toward 5%. While the Trump administration continues advocating for looser financial conditions, he said markets are currently following hard liquidity data, not political assurances. "As with science, in trading it pays to have strong convictions loosely held," Hayes wrote, acknowledging the uncertainty inherent in his forecast.You can also check my previous Bitcoin and crypto articles:Hayes' Liquidity-Driven Bull CaseDespite near-term downside risks, Hayes said a sufficiently deep correction would likely pressure U.S. policymakers to accelerate liquidity injections through the Federal Reserve or other mechanisms. He argued that such a shift could spark a rapid reversal in Bitcoin and drive it toward $200,000 or $250,000 before year-end.Hayes said he remains skeptical of Bitcoin's traditional four-year cycle, arguing that new all-time highs will only arrive once markets have sold off enough to push U.S. policymakers into faster liquidity expansion. "I am not conceding the four-year cycle is valid," he wrote. Hayes said bullish investors correctly assume U.S. policy ultimately trends toward "money printing" during periods of financial stress.However, he believes "the market must first retrace gains built since April to align with liquidity fundamentals." Only after such a reset, he argued, will policymakers deliver the scale of easing required to launch Bitcoin to new record highs. Hayes has a strong track record, having accurately predicted Bitcoin's rise past $100,000 in 2024 and forecasting $1 million by 2028.How Low Can Bitcoin Go? $74K Target Before New ATHAccording to my technical analysis, at this point I don't rule out a corrective bounce allowing Bitcoin to return to the $92,000-$94,000 area where the 61.8% Fibonacci resistance zone is located. This would allow strong hands to shake out retail and some buyers, return to declines, and buy back at the mentioned $74,000 level.If Bitcoin goes that low, I expect aggressive reaccumulation from whales and large institutional players. I anticipate Bitcoin bouncing back above $100,000, returning to an uptrend, and establishing a new ATH in the mid-term, a move above $125,000.Critical Technical LevelsWhat would make me abandon my currently adopted scenario? Negation would primarily be a break above the current resistance zone of $92,000-$94,000 and, ultimately, a return to the psychological $100,000 level and the 200-day moving average (200 MA) currently just under $106,000. This would be an official trend reversal from bearish to bullish and would negate the very strong sell signal which is the death cross I wrote about in previous analysis.Death Cross Confirms Bearish Technical StructureBitcoin confirmed a death cross pattern on November 16 when its 50-day simple moving average crossed below its 200-day simple moving average, the first such occurrence since January 2024. This technical milestone historically signals extended price declines and has preceded substantial drawdowns in previous cycles.The scale of potential losses based on historical patterns is sobering. In January 2022, Bitcoin dropped 64% following a death cross, bottoming at $15,500 amid the FTX crisis. Earlier cycles saw even steeper falls, with March 2018 and September 2014 recording 67% and 71% declines, respectively. Bitcoin's weekly close below the 50-week moving average, a historically significant bearish signal, has prompted some analysts to assign a 60-70% probability that the cycle top is already in.Market Stress IndicatorsDeath cross confirmed: 50-day MA crossed below 200-day MA on November 16, first since January 2024Seven-month low: Friday's $80,600 represents lowest level since April 202533% crash: Down from October all-time high of $126,27550-week MA broken: First time below this key level in current cycleExtreme fear: Fear & Greed Index at 12, indicating maximum pessimism$800M on-chain losses: Short-term holders unwinding positions at lossesPut option dominance: $80K put now most popular Deribit bet with $2B open interestETF outflows: $4.34 billion in four weeks amid record trading volumesBitcoin Oversold Reversal FormingJoel Kruger, crypto strategist at LMAX Group, provided an institutional perspective that acknowledges the severity of the selloff while maintaining a constructive medium-term outlook. "Sentiment across the crypto complex remains deeply depressed, and history suggests that when Bitcoin reaches oversold technical conditions—much as it has in recent days—it often marks the early stage of a bullish reversal," Kruger explained."While the recent pullback has been extreme, it has not altered our broader outlook," he continued. "As we move toward year-end, we suspect the market will begin the process of carving out a meaningful bottom, one that should ultimately set the stage for a broader recovery across major crypto assets into 2026."Kruger identified multiple drivers behind the weakness: "The most visible has been the shift toward a more hawkish tone in prior Fed communications, which briefly fueled risk-off flows and reinforced broad U.S. dollar strength. As we have noted before, however, such periods rarely persist; the Fed has repeatedly shown a tendency to lean back toward market expectations, and recent commentary has already taken on a more dovish hue."He noted that "the market likely became overextended after the strong wave of adoption and regulatory progress throughout 2025, creating a natural 'what's next?' pause that invited profit-taking. This, in turn, triggered a cascade of liquidations as over-levered positions were forced out."Whether Arthur Hayes' optimistic $250,000 year-end target or my intermediate $74,000 bearish projection materializes first will depend on Federal Reserve policy response, the depth of any equity market correction, and whether institutional buyers step in at current levels or wait for lower prices. As Hayes wisely noted: "As with science, in trading it pays to have strong convictions loosely held."Bitcoin Price Analysis, Frequently Asked QuestionsWhat is Bitcoin price prediction for 2025?Bitcoin price predictions vary dramatically. Arthur Hayes forecasts $200,000-$250,000 by December 31, 2025, after a potential dip to $80,000-$85,000, driven by Fed liquidity injections responding to market stress. According to my technical analysis, Bitcoin will decline to $74,000 (April 2025 lows) where aggressive whale reaccumulation occurs before rallying back above $100,000 to establish new ATH above $125,000 in mid-term. Bearish analysts cite death cross and 50-week MA break suggesting 60-70% chance cycle top is in.Why is Bitcoin falling today?Bitcoin fell to $80,600 Friday (seven-month low) and trades at $85,847 Monday due to death cross confirmation (50-day MA below 200-day MA on November 16), first occurrence since January 2024. Other factors include $4.34 billion Bitcoin ETF outflows over four weeks, $800 million on-chain losses from short-term holder capitulation, tighter Fed liquidity conditions, Treasury yield increases, dollar strength, and liquidation cascade from over-leveraged positions. Bitcoin down 33% from October ATH of $126,275.How low can Bitcoin go?Arthur Hayes warns Bitcoin could drop to $80,000-$85,000 if equities decline 10-20% and Treasury yields reach 5%. According to my technical analysis, Bitcoin will test $74,000 representing April 2025 lows and yearly minimum (161.8% Fibonacci extension). Bearish analysts cite historical death cross outcomes: 64% drop (2022 to $15,500), 67% (2018), 71% (2014). Options market shows $80,000 put as most popular Deribit bet with $2 billion open interest. Key support levels: $82,000-$84,000 (March lows, current test), $80,600 (Friday low), $74,000 (my target).Will Bitcoin reach $250,000?Yes. Arthur Hayes believes Bitcoin can reach $200,000-$250,000 by end of 2025 if markets sell off enough to force Fed into aggressive liquidity injections. Hayes argues Bitcoin acts as "free-market weathervane" for future fiat liquidity, reacting ahead of policy decisions. He said sufficient correction would pressure policymakers to accelerate easing, sparking rapid reversal. Hayes has strong track record, correctly predicting $100K in 2024. However, this scenario requires market stress triggering policy response and "retracing gains built since April to align with liquidity fundamentals."Is Bitcoin going to $74,000?According to my technical analysis, yes, Bitcoin will test $74,000 representing April 2025 lows and this year's minimum. This level aligns with 161.8% Fibonacci extension and represents critical accumulation zone where I expect aggressive whale buying. Should I buy Bitcoin now?No, wait until $74K. My analysis shows $74K accumulation zone before new ATH above $125K mid-term, Fed rate cut odds jumped to 70%. Bearish case: Death cross confirmed, 50-week MA broken first time in cycle, analysts assign 60-70% chance cycle top is in, $800M on-chain losses, extreme fear at 12, historical death crosses preceded 64-71% crashes. Current $86,847 may represent bull trap before further decline to $74K. This article was written by Damian Chmiel at www.financemagnates.com.

The Finvasia Group, which owns a portfolio of contracts for difference (CFD), blockchain and healthcare brands, is going to establish regional headquarters in the United Arab Emirates for five of its brands: ZuluTrade, Blockmaze, CapitalWallet, OneVault and Jumpp.Join IG, CMC, and Robinhood in London’s leading trading industry event!The UAE Wants FintechThe move came under the UAE’s NextGen FDI initiative, which is aimed at attracting digitally enabled companies, particularly those in advanced technology sectors, to establish and expand their presence within the country.“The establishment of these pioneering companies in the UAE through the NextGen FDI initiative,” said Dr Thani bin Ahmed Al Zeyoudi, the UAE’s Minister of Foreign Trade, “highlights our commitment to fostering an environment that supports cutting-edge technology and reinforces the UAE's status as a global hub for innovation in financial technology and digital infrastructure.”ZuluTrade is a copytrading platform that Finvasia acquired in 2021. Interestingly, the establishment of its GCC headquarters in the UAE came at the same time as a rise in demand for contracts for difference (CFDs) among retail traders in the region.You may also like: Finvasia CEO’s Overhaul Call - “Fundamental Disconnect Between Traders and Brokers”Blockmaze, meanwhile, offers blockchain and digital asset infrastructure services, while CapitalWallet is a digital asset and payments infrastructure company. OneVault, on the other hand, is a financial infrastructure platform that links traditional banking with the digital economy. Lastly, Jumpp is an India-based AI-powered conversational fintech super app.The Clear Rules Are a Boon for the Companies“What’s impressive about the UAE is how its policies are lived out on the ground,” said Sarvjeet Virk, Co-Founder & Chief Managing Director of Finvasia Group. “From licensing frameworks to digital infrastructure and an openness to experimentation, it makes for the perfect base for our teams building social platforms, blockchain networks and digital payment systems.”Meanwhile, many CFD brokers have also expanded into the UAE, particularly in Dubai. A majority have established a physical presence there, while many have obtained local licences to operate either as a broker or an introducing broker.“The UAE’s NextGen FDI and D33 Agenda have placed the country as one of the world’s most forward-looking innovation hubs,” added Tajinder Virk, Co-Founder & CEO of Finvasia Group. This article was written by Arnab Shome at www.financemagnates.com.