eToro has launched a feature that allows users to open and manage trades directly from the chart view on desktop. The update lets traders analyze assets, monitor profits and losses, and execute trades without leaving the chart interface.Several brokers have recently enhanced charting and trading tools to improve user experience. CMC Markets added TradingView to allow direct trading from charts, FXOpen extended TradingView integration to mobile for in‑chart execution on smartphones, and Leverate integrated TradingView into its institutional platform. This indicates that both retail and professional brokers are focusing on advanced charting and streamlined trade execution.Chart-Based Trading Now Live DesktopTo use eToro’s feature, users must open the chart in full-screen mode and click the trading icon at the top-right. The functionality is designed for traders who base decisions on technical analysis and chart patterns.eToro said the update aims to "reduce interruptions in trading" and allow users to "act faster." The company added that additional charting upgrades are planned. The feature is currently available on desktop only. Analysts note that chart-integrated trading tools have become more common among brokers targeting active and technical traders.eToro Expands AI Tools, UK ISAThe charting update is part of broader platform enhancements at eToro, which also include artificial intelligence tools for retail investors. CEO Yoni Assia said AI could give users access to information previously available only to large hedge funds. He noted the technology has processed materials from leading investors and can provide insights to guide portfolio decisions. In August, eToro launched AI tools and APIs, including Tori, a chatbot that can analyze portfolios, answer questions, and track market developments. Users have also developed applications reflecting strategies of well-known investors like Warren Buffett and Benjamin Graham.In addition to AI tools, eToro has expanded its partnership with Moneyfarm to offer a Cash ISA for UK customers. The product provides a return on cash held within the ISA and adds a flexible savings option alongside eToro’s existing investment accounts. The launch comes amid debate over Cash ISAs in the UK, with some industry voices arguing that growth in tax-advantaged ISAs may reduce investment in domestic equities. This article was written by Tareq Sikder at www.financemagnates.com.

XRP price is falling during today’s (Monday's) session, December 1, 2025 session most strongly in a month, plunging 7% and establishing session minimums at $2.01 level. At the moment of writing these words, quotations have rebounded slightly to around $2.04, which still involves a strong one-day decline.As visible on the chart I attached, the move came after the cryptocurrency for several sessions could not cope with resistance in the range of $2.19-$2.29, which until recently constituted a support zone. In this article I examine why XRP price is going down today and analyze the XRP/USDT chart, based on my 10-years’ experience as an analyst and trader.XRP Price Today Supply Pin Bar Signals More DownsideThe supply pin bar generated last Friday, a candle with a long lower wick and a short body, was a signal that demand is not able to overcome this zone and supply may return to control, which is exactly what we're seeing at this moment. According to my technical analysis, the breakdown open doors to much lowers levels.Joel Kruger, crypto strategist at LMAX Group, explains the broader context: "Crypto markets enter Monday on the back foot, with bitcoin and ether sliding further as the broader digital-asset complex struggles to regain footing after a sharp multi-week drawdown."The first target level for declines at a short distance is around $1.90 where depreciation stopped at the end of last month.XRP Critical Technical LevelsGenerally in my medium-term and long-term analysis, I see targets decidedly lower: first looking at $1.61, April levels, ultimately at the $1.25 level, levels observed over a year ago, which results from Fibonacci extension analysis.I remind simultaneously that on the XRP chart officially a bearish trend dominates, as we're moving below key moving averages and above all below the 200-day exponential moving average (200 EMA). Two averages I track, the 50 EMA and 200 EMA, also crossed in last month, which created the so-called death cross, a very strong bearish signal, which supports my bearish narrative.Why XRP Price Is Going Down Today?Why is XRP dropping in price so dramatically on Monday? Multiple factors converged to trigger the 7% plunge. Kruger notes that "sentiment has been hit not only by the October liquidation cascade but also by growing disappointment that bitcoin failed to hold the psychologically important $100,000 level, a breach that has damaged confidence."Why XRP Is Falling: Key Bearish FactorsResistance failure: Multiple sessions unable to break $2.19-$2.29 zone (former support)Supply pin bar: Friday's long lower wick signaled demand exhaustion, supply controlInstitutional selling: Large holders overpowering $640M ETF inflows per CoinDeskBitcoin weakness: BTC failure at $100K "damaged confidence" across altcoins Death cross confirmed: 50 EMA below 200 EMA last month, strong bearish signalNovember -18%: Down 18% past month despite historical December strengthSell-the-news: ETF launches treated as selling opportunities, not buying catalystsLeverage unwind: Substantial capital exiting within 12-hour period per market dataKruger adds that "this has compounded frustration among traders who had leaned heavily on seasonal trend analysis pointing to a historically strong Q4, a pattern that has clearly not materialized this year."[provided quote]Fed Rate Cut Hope: XRP Dip Could Be "Short Lived"Despite the technical breakdown, some analysts see the decline as a buying opportunity. Simon Peters, crypto analyst at eToro, offers a contrarian perspective: "The dip could be short lived however, as markets have been gaining momentum recently due to the odds of a rate cut at December's FOMC meeting increasing significantly in the last week."Peters notes that "traders and investors are now pricing in more than an 85% chance of the Fed lowering the target rate by 25 basis points on 10th December."[provided quote] This dovish pivot could provide support for risk assets including XRP if it materializes as expected.XRP Price Prediction: Bearish Targets vs Analyst OptimismStandard Chartered, one of the world's leading banking institutions, presented an ambitious forecast earlier in 2025 predicting XRP could soar to $5.50 by year-end. This price, which would mark a new all-time high for the altcoin, represents a 168% increase from today's $2.05 level.Looking further ahead, Standard Chartered suggests these gains would continue into 2028. "According to the investment bank, XRP price has the potential to reach $12.50 by the end of 2028," which would mark a 509% rise from the current $2.05 price.Former Goldman Sachs analyst Dom Kwok sparked intense debate with his audacious XRP price prediction of $1,000 by 2030, representing a staggering 48,680% surge from current $2.05 levels.More conservative near-term targets from technical analysis suggest $4.50-$5.50 over the next 6-12 months using Fibonacci extensions, with the upper $5.50 target representing a 120% gain from current levels, still far exceeding most mainstream forecasts yet remaining exponentially below Kwok's $1,000 projection.Renowned market analyst Crypto Bull suggests XRP is primed for a major breakout after completing the classic cup-and-handle pattern, "one of crypto's most reliable bullish signals, often preceding explosive rallies when backed by strong volume."The Divergence: $1.25 to $1,000The extraordinary gap between forecasts illustrates the polarized sentiment surrounding XRPUltra-Bearish$1.90 → $1.61 → $1.25 from Fibonacci extensions, death cross, resistance failureModerately Bullish (Standard Chartered 2025): $5.50 year-end, $12.50 by 2028Very Bullish (Crypto Bull): $7 cup & handle targetExtremely Bullish (Bank Adoption Model): $33 with major institutional usageUltra-Bullish (Dom Kwok/Ex-Goldman): $1,000 by 2030Before you leave, please also check my previous XRP price predictions' articles:XRP Price Analysis, Frequently Asked QuestionsWhy is XRP dropping in price?XRP dropped 7% to $2.05 Monday December 1 (biggest decline in month) after failing to break $2.19-$2.29 resistance over multiple sessions. Friday supply pin bar (long lower wick, short body) signaled demand exhaustion and supply returning to control. Is XRP going to go up again?The outlook is mixed. Bearish view: My analysis targets $1.90 then $1.61/$1.25 from Fibonacci extensions, CoinDesk sees move to $1.80, death cross and below 200 EMA confirm downtrend, November -18% despite historical December strength. Bullish case: Simon Peters (eToro) says "dip could be short lived" with Fed 85%+ Dec 10 cut odds.Who owns 80% of XRP?Ripple Labs controls majority of XRP supply through escrow system. While exact current percentage varies, Ripple historically held over 50 billion XRP (more than half of 100 billion total supply) in escrow, releasing up to 1 billion monthly for operational expenses and ecosystem development, though often returning unsold portions. Can XRP reach $100 after a lawsuit?Reaching $100 would require $5+ trillion market capitalization (assuming 50B+ circulating supply), making it larger than Apple or Microsoft, which is extremely unlikely in foreseeable future. This article was written by Damian Chmiel at www.financemagnates.com.

South Korea’s Financial Supervisory Service will “review whether the matters related to hedging foreign exchange risks for overseas investments are being fully explained by financial firms,” said FSS Governor Lee Chan-jin today (Monday). The remarks follow a government notice about new inspections on investor protections around FX risk, prompted by a persistent decline in the Korean won against the U.S. dollar.This quarter, the won has weakened by over 4%, a trend South Korea’s central bank ties to a surge in residents’ foreign investments and foreign investors’ sale of local stocks. Yet the watchdog is not planning new regulations on overseas stock buying. According to Lee, there are currently no warning signs for domestic financial institutions in terms of FX exposure: “On the contrary, some insurance firms are making profit.”Retail Swings Abroad, Regulators Eye OversightAs Korean retail investors turn more to international equities, questions about their understanding of forex risks have grown. The new review comes amid regulatory efforts elsewhere, such as mandatory pre-training and simulation trading for those seeking to access high-risk overseas derivatives. These measures arrive as retail flows shift, complicating the market for Korea’s currency and heightening authorities’ concerns over potential retail losses if the won slides further.Bank of Korea officials previously flagged those overseas moves, warning that mass exits could amplify volatility in domestic markets. Still, current changes are focused on reviewing how banks and brokers inform retail clients about currency swings, rather than an outright clampdown. Authorities are also considering compensation approaches as they investigate prior retail derivative sales and potential investor losses.The consumer protection push comes as Seoul works to liberalize its forex market in other ways. South Korea announced plans in September to extend currency trading to 24 hours a day and establish an offshore won settlement system, moves aimed at winning developed market status from MSCI. The country's FX market currently operates from 9 a.m. local time until 2 a.m. the next day, a schedule that accommodates European investors but leaves U.S. traders at a disadvantage.MBK, Coupang, and Data Breaches Add to Market TensionThe regulatory clampdown extends beyond FX. Lee confirmed that probes continue into MBK Partners over its sale of Homeplus, a major retailer, with a decision on potential sanctions expected by the end of the month. MBK said it is acting in line with local law and “has been doing its best to protect investor interests.” In addition, recent high-profile data breaches at major consumer platforms have prompted renewed calls for tighter security standards. Coupang, South Korea's largest e-commerce platform with annual revenue topping $24 billion and serving nearly half the country's population, recently disclosed that 337 million customer accounts were compromised. Upbit, the nation's biggest cryptocurrency exchange by trading volume with over 180 crypto assets listed, was also hit by a suspected hack that authorities have linked to North Korea. Lotte Card, a major credit card issuer controlled by MBK Partners, saw personal data of nearly 3 million customers leaked earlier this year. Lee criticized the companies for being negligent in their data security, warning that stronger regulations may be needed to protect consumers. This article was written by Damian Chmiel at www.financemagnates.com.

Bitcoin fell sharply during Asian trading on Monday as a macro-driven shock hit global markets at the start of the month. Analysts said rising bond yields in key markets weakened risk appetite, pushing investors away from risk assets, including cryptocurrencies. Bitcoin dropped more than 5 percent during the session. Could the decline also be driven by investors taking profits after recent gains?The sell-off deepened as key technical levels broke. This triggered stop-loss orders across major exchanges. Forced liquidations of leveraged long positions followed. The liquidation wave added pressure to prices and accelerated the decline. [#highlighted-links#] The market move also came after an incident at the DeFi platform Yearn Finance. Its yETH liquidity pool faced a reported exploit. The incident allowed large amounts of invalid tokens to be created. This raised new concerns about liquidity and added to the broader sell-off.Analyst Insights on the DeclineMarket commentators linked the decline to macro pressures and leveraged trading. Coin Bureau said on X that “BTC is simply selling off because macro + leverage hit at the same time.” It added that “Japan’s 2-year bond yield just jumped above 1%.” The post said higher borrowing costs “scared global markets.” It also said the move “broke support, triggered stop-losses, and forced leveraged longs liquidation.”?WHY BITCOIN JUST DUMPED ?BTC is simply selling off because macro + leverage hit at the same time.Japan’s 2-year bond yield just jumped above 1%, which means borrowing in Japan may get more expensive."That shift scared global markets and pushed investors out of risk… pic.twitter.com/rquI887Xi2— Coin Bureau (@coinbureau) December 1, 2025Another analyst, Rare Scrilla, pointed to multiple factors behind the price drop. The analyst said on X that attention has shifted away from bitcoin toward NFTs and “fake rares.” The post also said bitcoin miners have reduced activities linked to those assets. Rare Scrilla also referred to past internal disputes in the bitcoin community and said technical wallet issues may be pushing some holders to sell quickly.Bitcoin's recent price decline can be attributed to a combination of factors. Discussions among Rare Pepe enthusiasts suggest a significant shift in focus towards NFTs and "fake rares," diverting attention from traditional bitcoin investments. Additionally, Bitcoin miners have… pic.twitter.com/onIxku10KL— RARE SCRILLA (@ScrillaVentura) December 1, 2025Crypto Rover also commented on the sell-off. The account said on X that “Bitcoin treasury demand is falling off a cliff.” It added that this is “one of the main reasons we’re seeing this dump.”Bitcoin treasury demand is falling off a cliff.One of the main reasons we’re seeing this dump. pic.twitter.com/B4TPipd9sB— Crypto Rover (@cryptorover) November 5, 2025Greg Waisman, Chief Operating Officer at Mercuryo, commented on today’s Bitcoin price, noting that the cryptocurrency’s decline reflects broader risk-off sentiment. He said, “Macro-related uncertainties such as doubts over rate cuts by the US Federal Reserve, price falls in global stock markets and a flurry of negative news flow are all contributing to negative sentiment looming above the digital asset space.”Waisman added that the pressure affected other major tokens, with Ethereum and Solana retreating about 6% and 7%, respectively. He also noted that retail investors appear more focused on long-term accumulation rather than reacting to short-term price movements.BTC Drops Before Modest Rebound TodayBitcoin opened the trading day at $90,400. In the first hour, the cryptocurrency moved sharply lower and continued to decline. The $85,600 level provided intraday support, which led to a modest rebound. As of writing, BTC is trading around $86,700, reflecting short-term volatility in response to ongoing market pressures.Bitcoin Drops to Six-Month Low Amid Risk-Off Sentiment and Fed UncertaintyThe current decline echoes earlier weakness in November. On November 21, Bitcoin tumbled to levels not seen since April, dropping to around $86,270. Analysts attributed the fall to risk-off sentiment following stronger-than-expected U.S. jobs data, which raised doubts about whether the Federal Reserve would cut interest rates next month. It's too early to say I told you so, but my view was that the longer #BTC fails to break above $92–94, the greater the risk of a downturn and a bull trap.The bearish pin bar formed and I was waiting. Today, we are quickly and sharply returning to the local support level where… pic.twitter.com/bExZzPTaD8— Damian Chmiel (@ChmielDk) December 1, 2025The drop coincided with declines in equities, as some investors hold both crypto and AI-related stocks.Market watchers noted that heavy selling by large holders, or “whales,” contributed to the November decline, with over $20billion sold since September. Cascading liquidations of leveraged positions in early October had already left the market vulnerable, and reduced order activity following the October flash crash added to volatility. Some Bitcoin ETFs saw inflows during this period, but earlier outflows had pressured prices further, highlighting fragile market conditions. This article was written by Tareq Sikder at www.financemagnates.com.

By Joanna Frendo, Chief Risk and Compliance Officer, DerivEarlier this year, after an intensive regulatory process, Deriv received its SCA license to operate in the UAE. As we launch operations in one of the world's most sophisticated fintech markets, we're approaching it with the fundamentals where compliance builds systems that understand and serve the region from day one. I want to share what we learned about the gap between global compliance frameworks and regional realities, and why that gap matters for the future of fintech. When global experience meets local complexity Operating across several global markets since 1999 provides perspective, but the UAE demands fresh thinking. Take, for example, during peak summer months when many UAE residents trade from abroad while escaping the heat. Multiple location logins aren't fraud, they're family holidays. Effective compliance systems need to recognise these seasonal patterns without creating friction for legitimate users.The UAE has built something remarkable in a regulatory framework that encourages innovation. Federal oversight via the SCA, specialised virtual asset rules through VARA, and ADGM's common-law alternative complement each other. This ecosystem allows different financial activities to thrive under appropriate governance, creating a model other emerging economies are studying closely. The country's removal from the Financial Action Task Force (FATF) grey list in 2024 signaled financial integrity and enhanced the nation's credibility on the international stage. This market doesn’t just appear to be open for business, it's setting the standard for how emerging economies can build Innovation-enabling legislative frameworks. Building cultural intelligence into complianceThe UAE's young, tech-savvy population shows growing interest in digital trading. This appetite coincides with the country's push to build the region's most advanced regulatory framework, creating opportunity but also responsibility for market participants. This regulatory clarity enables practical innovations. AI-powered compliance systems can now understand regional context, from festive trading patterns to cultural preferences around certain asset classes. They recognise that a spike in precious metals trading before Diwali represents cultural preference, not market manipulation. But achieving this cultural intelligence requires extensive local data and continuous refinement. It's the difference between generic global platforms and those genuinely built for the region. Why AI changes the compliance game Today’s compliance teams face vast, complex datasets. AI cuts through the noise, analysing information at scale and turning that data into clear, actionable insights. But here's what most people misunderstand: AI in compliance does not replace human judgment but amplifies human capability. At Deriv, AI handles the repetitive heavy lifting such as transaction monitoring and trade surveillance. This frees our compliance officers to do what machines cannot handle i.e. understand context, exercise judgment, and build client relationships. When our system flags an unusual pattern, it's our people who determine whether it's a celebratory trading spike during Eid or something requiring investigation. The real power comes from continuous learning. AI improves daily, understanding regional nuances and cultural patterns that generic systems miss. It knows that trading behaviors in the Gulf differ from Southeast Asia, and it adapts accordingly. This localised intelligence is what transforms compliance from a barrier into an enabler. AI only builds trust when paired with human expertise. The privacy paradox Enhanced AI capabilities create a fundamental tension: effective compliance requires extensive data analysis, while client privacy demands strict adherence to comprehensive data protection obligations, including data minimisation and purpose limitations. The UAE's data protection laws provide clear frameworks, but implementation requires constant vigilance. One wrong move can destroy years of trust-building. Deriv therefore aims to ensure that the deployment of advanced AI compliance tools is balanced with data protection obligations by embedding privacy-by-design principles, maintaining lawful and transparent data use, limiting processing, and implementing safeguards that uphold individuals’ rights and regulatory standards. Why this moment matters Here’s where AI-driven compliance becomes essential. Although virtual assets are not currently part of our UAE onshore offering, global developments in tokenisation and digital markets point to a potential future where such instruments expand access to market exposure and liquidity. With that opportunity comes new governance, operational, and smart-contract risks. This makes strong, forward-looking compliance frameworks critical from the outset. That is why we embed compliance thinking from conception: phased rollouts, transparent disclosures, and clear safeguards. Whilst AI helps enhance our innovation in the compliance space, education and accountability make this innovation durable. The most sophisticated compliance system means nothing if clients don't understand the products they're trading. That's why we invest heavily in multilingual education to help ensure risk disclosures aren't just legally sufficient but genuinely understood. The UAE is proving that sophisticated regulation can enable innovation rather than restrict it. This model comprising clear frameworks, and innovation encouragement, may likely become the global template.For established firms like Deriv, entering new markets usually means minor adaptations. The UAE demands fundamental rethinking of how global expertise serves local needs. Success requires building regional platforms, not adapting global ones. As the market evolves, the winners won't be those who move fastest, but those who understand the deepest. In the age of instant global platforms and AI-driven everything, compliance becomes more than a regulatory requirement. It becomes the mechanism that protects clients, enables innovation, and ensures fintech growth is built on trust, integrity, and technology. Deriv serves 3 million traders globally. In the UAE, the company operates through SCA-licensed Deriv Capital Contracts & Currencies L.L.C. as a Category 1 Trading Broker for Over-the-Counter Derivatives Contracts & Spot Markets, a Financial Products Dealer (ESCA licence 20200000243), and a Category 5 Financial Consultant (ESCA licence 20200000199), offering multi-asset derivatives trading including on forex, commodities, indices, and cryptocurrencies. This article was written by FM Contributors at www.financemagnates.com.

Nasdaq is treating approval for tokenized stocks as a priority, with the exchange ready to answer regulatory questions and respond to feedback as soon as the SEC provides direction. Matt Savarese, who leads digital assets strategy at Nasdaq, told CNBC at a technology conference in Florida that the company hopes to finalize the process without unnecessary delays."I think what we have to really evaluate where the public comments come back in and then answer and respond to the SEC questions as they come through," Savarese said. "We hope to kind of work with them as quickly as possible."Nasdaq Pushes for Tokenized Stock Trading as SEC Review ContinuesNasdaq filed an official request to enable trading in tokenized securities nearly three months ago.The September 8 filing asks the SEC to let investors buy and sell stock tokens on Nasdaq's platform, with those tokens representing actual shares in listed companies. Savarese emphasized that the proposal does not overhaul how stocks trade or settle under existing national market system rules."We're not looking at upending the system," he said. "We want everyone to come along for that ride and bring tokenization more into the mainstream, but we want to do it in that responsible investor-led way first under the SEC rules themselves."The exchange wants to avoid fragmenting liquidity or creating separate pools that could thin out during volatile periods. Nasdaq has said the trading side remains unchanged, with the same order book, execution standards and regulatory framework applying to both traditional and tokenized shares.​"The stock is the stock and that's what's really important is that we focus to make sure that the investor is first and they have the full rights and title that other that the shareholder should have as part of owning that share," Savarese said.Post-Trade Efficiency Drives Business CaseNear-term benefits center on back-end settlement processes, according to Savarese. Tokenized shares could settle faster than the current system, potentially reaching instant or atomic settlement over time, though Nasdaq acknowledges that industry infrastructure needs to catch up before that happens at scale.Collateral management is another area where tokenization could reduce costs and improve capital efficiency. Investors could move tokenized stocks between accounts or use them as collateral for loans without the delays and overcollateralization that current systems require. That argument echoes recent statements from Caroline Pham, acting chairman of the Commodity Futures Trading Commission, who called collateral management the "killer app" for blockchain technology in traditional finance. The CFTC is racing to complete a 12-month initiative to integrate tokenized collateral into derivatives markets, with major clearinghouses potentially accepting the new forms of margin by the first or second quarter of 2026.Competition Heats Up for Stock Token MarketRobinhood has launched a tokenized stock offering in Europe that covers nearly 800 U.S. securities, with CEO Vlad Tenev calling tokenization "the biggest innovation in capital markets in well over a decade." The brokerage is building toward a system where users could withdraw tokenized stocks and use them as collateral for crypto loans on decentralized finance platforms.Switzerland's BX Digital exchange received regulatory approval in March to offer tokenized stocks through a partnership with Ondo Finance, enabling round-the-clock trading with real-time settlement tied to the Swiss National Bank's payment system. Bitget doubled its tokenized equity volume to $1 billion within two weeks of launching the product, signaling retail appetite for blockchain-based stock trading.Galaxy Digital became the first Nasdaq-listed company to tokenize its own shares in September, launching Class A common stock on the Solana blockchain through a partnership with Superstate. The offering gives shareholders the option to hold and transfer their equity on-chain while maintaining full SEC-registered rights.​"We are kind of the original innovator in this ecosystem," Savarese said. "When things moved from paper-based to electronic form, we were the ones that kind of brought that into the market and it's evolutionary. It's not really revolutionary." This article was written by Damian Chmiel at www.financemagnates.com.

After touching more than $126,000 in October, Bitcoin plunges below $86,000 in early December, a sobering wake-up call for investors betting on a perpetual bull runThe Drop: What Happened?It did not go quietly. In early Asian trading on Monday December 1, Bitcoin dropped sharply. The world’s biggest cryptocurrency lost up to 6 percent, dipping below $86,000. Earlier reports had flagged it crossing under $88,000, already a bruising moment after a rally that earlier pushed Bitcoin into six-figure territory. Bitcoin isn’t alone in this. Across the crypto market, tokens followed the same flight path. Ethereum, for instance, tumbled by more than 7 percent to around $2,800 in the same session, along with drops for RP, BNB, Solana, Cardano, Tron and more.Why It’s Falling: Risk Sentiment, Macro Jitters, and Exhausted BuyersThe decline is being widely described as a “risk-off start to December”, meaning investors are dumping risky assets, and crypto is at the top of that list.BREAKING: Bitcoin falls -$4,000 in 2 hours as mass liquidations return.$400 million worth of levered longs have been liquidated over the last 60 minutes. pic.twitter.com/qKB7MYJapu— The Kobeissi Letter (@KobeissiLetter) December 1, 2025Investor caution has ramped up amid macroeconomic uncertainty. With fewer expecting interest-rate relief from the Federal Reserve and inflation still stubborn in major economies, risk assets are getting trashed, and crypto is no exception. In addition, there are fears that the Bank of Japan is set to raise interest rates.Absence of Dip-Buyers and Raised Red FlagsNormally, when Bitcoin dips, a fresh wave of buyers swoops in thinking they’re getting a steal. Not this time. Analysts point to “meagre inflows into Bitcoin exchange-traded funds and the absence of dip buyers” as a key reason why the fall accelerated. With no immediate bargain hunters coming in, leveraged positions likely unwound quickly. The result: more liquidations, more downward pressure, more panic.Macro Cross-Winds and Institutional StrainThe crypto rally had been partly fueled by hopes around rate cuts and institutional capital flows. That tide may be turning. Some institutional holders are now sitting on losses. With falling prices, there’s also pressure on crypto-heavy firms and funds, which may spark forced selling.My family: You’ve been buying bitcoin for over 5 years you must be so rich by nowMe:pic.twitter.com/P1bVIOLBG3— The ₿itcoin Therapist (@TheBTCTherapist) December 1, 2025The broader pattern recalls previous sell-offs: high volatility, quick reversals, and a steep flight from risk assets.Danger, Opportunity, Or Both?Several analysts now say the $80,000–$85,000 range has become critical support. If that zone holds, Bitcoin could stabilize or even rebound over coming weeks. But if that floor cracks, we could be witnessing the beginning of a much deeper drop. For holders who bought near the October peak of $126,000, a return to profitability may still lie far off.Volatility Is Back With a VengeanceCrypto fans love volatility when it goes up. It’s less fun when it goes down. This drop underlines how closely Bitcoin remains tied to risk sentiment and macro conditions, and that it is not insulated from economic turbulence.If macroeconomic uncertainty persists, say, further rate-hike surprises or weak economic data, expect more swings. For veteran crypto traders, that means opportunity. For newcomers, it could be bruising.[#highlighted-links#] Could This Be a Buying Opportunity?For disciplined investors, this might be a discount window. If holders believe in Bitcoin’s long-term fundamentals, accumulating slowly via dollar-cost averaging around support could pay off, provided they can stomach the swings.For hedge funds and institutional buyers, the collapse might also reignite interest: lower prices, high liquidity, potential for rebound, if macroeconomic winds shift back in their favor.But Don’t Pretend It’s Risk-FreeThis is not a safe haven. Bitcoin is behaving like an ultra-volatile risk asset, correlated with broader markets, sensitive to policy signals, and prone to sudden dumps. Anyone treating this as digital gold or a stable store of value is likely in for a shock.LIKE, IF YOU ARE NOT SELLING #BITCOIN pic.twitter.com/ZFD82Cj4N2— Vivek Sen (@Vivek4real_) December 1, 2025What’s Next: What to WatchWhether Bitcoin stabilizes near $85,000–$80,000 or slides toward lower zones.Fresh signals from central banks (especially the Fed) on interest-rate policy.ETF flows and institutional demand: whether buyers step in or continue pulling out.Global market sentiment. If equities recover, crypto could ride shotgun — but if the risk-off mood deepens, more pain may be coming.Bitcoin’s crash below $86,000 might feel like a gut-punch for bulls. But in volatile crypto land, yesterday’s horrors can become tomorrow’s value plays, if you’re ready for the ride. This article was written by Louis Parks at www.financemagnates.com.

SIX Swiss Exchange started trading structured products from 8:00 a.m. to 9:45 p.m. Central European Time today (Monday), adding almost six hours to the previous 9:15 a.m. to 5:15 p.m. window.The expansion lets retail investors trade more than 70,000 listed structured products during a window that now covers most of the US trading session, which runs until 10:00 p.m. CET. Investors can place orders through their regular brokers without applying for new access or paying additional fees.SIX created a separate trading segment for the longer hours rather than extending the existing one. Product issuers can pick which segment to use, and investors can trade in either depending on where products are listed. The exchange said both segments work identically, apart from the trading schedule.Product Mix Leans Toward LeverageLeverage products make up 78% of the structured products available on SIX, with yield enhancement instruments at 18%, participation products at 2.4%, and capital protection products under 1%. The extended hours give investors more time to adjust positions based on moves in US stocks and indices that often drive pricing for these derivatives.Gregor Braun, Co-Head of Cash Markets at SIX, said the change came directly from client requests. "In doing so, we're directly addressing client demand by extending trading hours for structured products and broadening access to new opportunities to invest," he said.The SIX move puts it alongside exchanges and brokers competing to offer trading outside traditional hours. Exchanges Race to Capture Overnight VolumeThe 24X National Exchange beat larger competitors to market in September with a 23-hour weekday trading platform for US stocks. Nasdaq plans to launch 24-hour trading in the second half of 2026, while the London Stock Exchange is exploring round-the-clock operations.eToro expanded 24/5 trading to all S&P 500 and Nasdaq 100 stocks earlier this year, joining Schwab and Fidelity in offering extended access to retail clients. The brokerage platforms route overnight orders through alternative trading systems that operate outside regular exchange hours.The World Federation of Exchanges, however, cautioned in September that extended trading brings operational challenges and isn't suitable for every market. The industry group warned that lower overnight participation typically leads to wider spreads and higher volatility, though it stopped short of opposing the trend.Issuers Gain Visibility WindowSébastien Neukom, Head of Structured Products Sales at SIX, said longer trading hours help both sides of the market. "For issuers, longer trading hours increase product visibility and potential demand, making the market more attractive while effectively enlarging it," he said.The exchange emphasized that retail investors won't need to change how they access the market. Orders go through the same retail brokers and house banks that handle trades during regular hours.SIX didn't specify whether it expects most volume to shift to the extended segment or remain split between the two trading windows. The exchange said investors can now respond to US market developments as they happen rather than waiting until the next morning. This article was written by Damian Chmiel at www.financemagnates.com.

Plus500 (LON: PLUS) has entered the prediction market by becoming the clearing partner for CME and FanDuel’s new event-based contracts platform. This came only a month after the Chicago-based derivatives giant decided to partner with the online gaming company.Announced today (Monday), the London-listed brokerage will provide brokerage execution and clearing services for FanDuel Prediction Markets.“It reflects our capabilities as an accredited, trusted market infrastructure provider, built on proprietary technology, regulatory expertise, and a focus on institutional collaboration,” said David Zruia, Chief Executive Officer of Plus500, on the latest deal with the American giants.“It also shows the strength of our operational processes and our status as a global multi-asset fintech group on the international stage.”Plus500's Expansion Beyond CFDPlus500 has also recently signed an exclusive agreement with Topstep, which will see the London-listed broker handle all clearing and technology infrastructure for the Chicago prop firm’s brokerage arm and its wider operations.These two deals show Plus500’s strategy to become an infrastructure provider to two fast-growing and in-demand sectors within the retail trading industry.Plus500 generated $182.7 million in revenue in the third quarter of 2025, down 2.5 per cent year over year and 12.7 per cent quarter over quarter. The company is known for offering contracts for differences (CFDs), but now it focuses on expanding beyond over-the-counter (OTC) instruments.About 15 per cent of total group revenue was generated by its non-OTC business, along with 18 per cent of new customers.The Rush to Get a Piece of the Prediction Markets BoomMeanwhile, the surge in demand for event contracts has pushed many retail trading giants towards this industry. Although made popular by offshore crypto-based platforms, mainstream financial institutions have now entered this space.Robinhood recently revealed that more than 9 billion event contracts have changed hands, with over 1 million users taking part on its prediction market platform. Kalshi, the US-based issuer of these event contracts, also said that the volume of these derivatives reached $4.4 billion in October.Now, the tech providers in the contracts for differences (CFD) industry are also seeking a piece of the event contract boom, as Devexperts recently launched a white-label prediction market platform for brokers. This article was written by Arnab Shome at www.financemagnates.com.

BUX, the Europe-based neo-broker owned by ABN AMRO, has tapped Marlou Jenniskens as its next Chief Executive Officer (CEO), effective 1 February 2026. Jenniskens currently heads Digital Wealth Products at the parent company. She will take over from Yorick Naeff, who moves on to lead innovation efforts for the Dutch banking giant.BUX Eyes Broader GrowthJenniskens brings nearly 16 years of experience from ABN AMRO, spanning equity capital markets, digital product development, and leadership roles in private banking. At ABN AMRO, she oversaw the launch of investing and pension products, steered customer experience initiatives, and played a central role in integrating BUX into the bank’s wealth strategy.[#highlighted-links#] “Throughout my career and personal life, I’ve seen how powerful it is when people feel confident enough to take charge of their financial future,” said Jenniskens. “BUX has always stood for accessibility and clarity, and I’m excited to build on that foundation. I look forward to working with the team to create meaningful, intuitive experiences that help more people build their financial future with confidence and ease.”She will use her experience to focus on expanding the available products of BUX, such as a newly planned savings proposition. The expanded platform aims to attract users seeking to manage both investments and savings in one place.BUX is now available in eight European countries. The company offers trading across stocks, ETFs, and ETCs, with custom and pre-built investment plans via its mobile platform. It’s targeting both new investors and those who want lower-cost alternatives to traditional banks.CEO Shuffle Signals Renewed Push in Digital WealthThe leadership shuffle deepens ties between BUX and ABN AMRO. Naeff, who has been at BUX’s helm since 2020, credited Jenniskens for her expertise in digital wealth and for her strategic role in the platform’s integration process. “It’s a proud moment to pass the helm to Marlou as BUX enters its next chapter,” Naeff said in today’s (Monday’s) release. He emphasized her network inside ABN AMRO and commitment to innovation.Jenniskens is set to advance BUX’s push into blended savings and investment offerings, areas gaining traction among European fintechs. Alongside her executive credentials, Jenniskens is known in the Dutch financial sector for championing diversity and financial empowerment, particularly for women. She is an active member of SER Topvrouwen, a collective of female leaders in Dutch business, and has supported initiatives that broaden access to financial knowledge.Some time ago, the Dutch fintech partnered with JP Morgan Asset Management to launch a self-managed active exchange-traded fund (ETF), dubbed BUX Prime Investment Plans. This article was written by Damian Chmiel at www.financemagnates.com.

The troubles for the Australian Stock Exchange (ASX) have mounted, as the main Aussie stock market faced a technical outage for hours this morning (Monday).Trading Resumed, but PartiallyThe exchange has said that “ASX Trade remains fully operational” and has published all corporate statements received after 11:22 am Sydney time. However, it is now working with companies whose price-sensitive announcements were affected by the outage. Trading in those companies is still suspended.“Companies that had been placed in a trading pause will resume trading once their announcements are published,” the exchange said in an update.[#highlighted-links#] Another Setback for the ASXThe technical glitch came as the Aussie exchange operator is under scrutiny from the local regulators for failures across “governance, capability and risk management frameworks and practices across the group.”The joint investigation by the Australian Securities and Investments Commission (ASIC) and the Reserve Bank of Australia (RBA) began earlier this year, following multiple outages and glitches on the ASX. The clearing and settlement system of the Aussie exchange is also under scrutiny.The exchange had a plan to transform its legacy clearing and settlement software platform into a blockchain-based one in 2017. However, the project faced multiple delays and was eventually abandoned in 2022. The exchange hired India’s Tata Consultancy Services the following year to start a staged upgrade of its platform, which is scheduled to deliver the first part in 2026 at an estimated cost between AU$105 million and AU$125 million.Last August, the exchange incorrectly tagged one of Australia’s largest internet providers in an unrelated takeover announcement, which resulted in the wipeout of over AU$400 million from its publicly listed stocks. The exchange later suspended the stock from trading and even said it had cancelled the trades.Meanwhile, the Chicago Mercantile Exchange (CME), one of the largest derivatives venue operators, faced an almost 10-hour outage last Friday. The failure of its data centres affected its popular currency platform and futures markets spanning foreign exchange, commodities, Treasuries and stocks. Forex and commodities pricing and liquidity faced a major disruption globally during those outage hours. This article was written by Arnab Shome at www.financemagnates.com.

PU Prime, a globally licensed online brokerage, has been included in uCompares’ list of the Top 10 Copy Trading Platforms for 2025. uCompares is a platform that publishes reviews, comparisons, and industry insights for marketers and industry participants. In its assessment, the platform highlighted PU Prime’s regulatory compliance and emphasis on user education as key factors contributing to its position in the copy trading space.PU Prime has also received several industry acknowledgements, including Best Copy Trading Platform 2025 at Money Expo India, Best Copy Trading Platform 2025 at the Wiki Gala Night, and Best Copy Trading Platform Canada 2025. These recognitions reflect PU Prime’s presence across different markets. Its mobile-friendly interface and liquidity options support trading across various asset classes, while its educational articles, tutorials, and adherence to regulatory standards further strengthen its role within the copy trading industry.PU Prime noted that being listed among the top copy trading platforms reflects the firm’s ongoing efforts to provide traders with practical tools within a secure and user-friendly environment. The company continues to place emphasis on regulatory compliance, platform security, and user education as part of its overall service approach.PU Prime’s copy trading incorporates access to professional trading strategies, flexible risk-management tools, and real-time performance tracking, enable both signal provider and copier to engage more effectively, where signal providers can showcase their strategies and performance transparently, while copiers can replicate trades, adjust risk settings to suit their individual preferences, and monitor outcomes in real time.Looking ahead to 2026, PU Prime aims to further strengthen its copy trading infrastructure and educational resources to serve a diverse and growing user base, while continuing to prioritise regulatory compliance to support traders worldwide.About PU PrimeFounded in 2015, PU Prime is a leading global fintech company and trusted CFD broker. Today, it offers regulated financial products across forex, commodities, indices, shares, and bonds. Operating in over 190 countries with more than 40 million app downloads, PU Prime provides innovative trading platforms and an integrated copy trading feature, empowering traders worldwide to achieve financial success with confidence. This article was written by FM Contributors at www.financemagnates.com.

TMGM, a global forex and CFD trading broker, today announced the launch of its 11th Global Trading Competition, featuring a prize pool of USD 671,500, the highest in the company's competition history.The 2025–2026 edition introduces two new trading categories: the Crypto Group and the Indices Group, expanding the competition beyond traditional forex and providing traders with more specialized avenues to showcase their expertise. These additions mark a significant evolution in TMGM’s flagship competition series, strengthening its position as a key annual event in the company’s global trader engagement calendar.Registration opens on December 1, 2025, and closes on February 15, 2026. The competition will run for three months, from December 1, 2025, to March 1, 2026.The record-breaking USD 671,500 prize pool underscores TMGM’s commitment to rewarding trading excellence and supporting a diverse global community. The new categories further enhance this year’s structure by broadening the instruments available for competition and accommodating a wider range of trading styles.The Crypto Group is tailored for participants focused on digital assets, while the Indices Group appeals to traders analysing broader market movements. This structure ensures that competitors can engage in markets aligned with their expertise.Participants can register through the TMGM Client Portal or the official Competition Landing Page. The competition is open to eligible clients worldwide, subject to regional restrictions.Building on the legacy of previous editions that have attracted participants from over 150 countries, the 11th Global Trading Competition continues to deliver meaningful, competitive, and rewarding opportunities for traders worldwide. The enhanced prize pool and diversified categories reinforce the event’s status as one of the most anticipated annual contests within the global trading community.Full competition details, rules, and registration information are available at https://portal.tmgm.com/marketing?campaign_code=ZXZ0Zm0xMXRjMjU=.About TMGMTMGM (Trademax Global Markets) is a leading global multi-asset brokerage providing CFD trading across forex, indices, equities, commodities, and more. Trusted by clients in over 150 countries and regulated across multiple jurisdictions, TMGM offers secure and transparent access to the financial markets through advanced technology and institutional-grade liquidity.Headquartered in Sydney, Australia, TMGM provides a seamless trading experience that prioritises speed, precision, and performance. The firm supports traders of all experience levels, from first-time investors to seasoned professionals, by providing intuitive platforms, advanced analytics, and a robust suite of educational resources.Whether through user-friendly tools that simplify the trading journey or in-depth insights tailored for professional strategies, TMGM is committed to democratizing access to global markets. The firm empowers individuals to trade with clarity and confidence by combining technology, transparency, and continuous learning.TMGM is also redefining the role of financial brands through strategic partnerships with global sports and entertainment organizations. These collaborations strengthen brand resonance, promote financial literacy, and allow TMGM to engage meaningfully with a broader audience beyond the trading world.Risk WarningTrading leveraged products such as Forex and CFDs involves a high level of risk and may not be suitable for every investor. Leverage can amplify both gains and losses. Before trading, carefully assess your investment objectives, experience level, and risk tolerance to ensure a well-informed decision. You may lose some or all of your initial investment, and you should never trade with funds you cannot afford to lose. Ensure you fully understand the risks involved and seek independent financial advice if necessary.Geographic RestrictionsThis competition is not available to clients from Australia, New Zealand, Hong Kong, or the United Kingdom. This article was written by FM Contributors at www.financemagnates.com.

IG eyes Irish marketHow much room is there for a new player in Ireland’s brokerage market? Well, IG Group is betting plenty, taking aim at long-established giants it says have left customers underserved and overcharged.Ireland is often cited as a modern economy, supported by a strong financial services sector that has benefited from a low corporate tax rate and the relocation of firms from London after Brexit. Despite this growth, the Irish brokerage market has long been dominated by just two firms: Goodbody and Davy.Ireland's banks are the worst offenders in Europe when it comes to hoarding the benefits of higher interest rates while not passing on rate rises to savers.I was genuinely shocked to see the rates given to Irish savers researching this yesterday - 0%, 0.01%, 0.10%, appalling! pic.twitter.com/tFCHqbf3Xw— Naomi O'Leary (@NaomiOhReally) August 10, 2023IG is promising Irish investors access to thousands of stocks and ETFs commission-free, with overall costs just a fraction of what the long-established incumbents charge, according to its UK & Ireland managing director.Capital.com expands Bulgaria hubAnother CFD broker breaking into new markets is Capital.com. The company expanded its operations in Bulgaria, increasing its local headcount by 51% over the past year. The country will serve as the broker’s main hub for customer service.The expansion comes after a strong third quarter, with Capital.com reporting total trading volumes of $744 billion. Several of the company's asset classes showed growth: equity trading rose 5.2% quarter-on-quarter, while crypto securities increased 53.9%. FX and commodities declined 17.1% and 12.2%, reflecting typical seasonal trends.CFD broker FBS halts marketing months after India exitMeanwhile, CFD broker active in emerging markets FBS, paused all marketing activities indefinitely. The decision came just months after the broker suspended its services in India, signaling a strategic shift in its operations.The broker said the pause is intended to allow a focus on product development, though it provided no further details. The impact is visible on FBS’s social media, which has not been updated since 31 October 2025, potentially slowing new client onboarding as outreach to prospective traders is halted.Singapore CFD market revives after 3-year slumpCould rising trader numbers in Singapore reflect broader APAC market trends? Singapore’s leverage trading market has recorded its first growth in active participants since 2021, with the number of CFD and forex traders rising 3% over the past year, according to Investment Trends’ 2025 Singapore Leverage Trading Report released today. Finance Magnates Intelligence estimates the number of active traders at 39,000, indicating that the total potential CFD trader base in Singapore has expanded to around 75,000. The rebound signals a gradual recovery in market activity after years of stagnation.What’s next for CFD brokers after Vietnam’s $200M forex scam?Offshore forex and CFD brokers are stepping up efforts to enter the Vietnamese market. Many are launching extensive online advertising campaigns, hiring local country managers, and in some cases, opening representative offices.Mr.Hunter bị bắt với Mr Pips Phó Đức Nam trong vụ lừa đảo tài chính 5.000 tỉ là ai?Trước khi bị khởi tố, Mr. Hunter được xây dựng với hình ảnh một nhà đầu tư tự do thành công và chuyên gia tài chính nổi tiếng trên TikTok, YouTube... pic.twitter.com/ZmmNHyHlGV— South of Vietnam (@vincent31473580) December 7, 2024Despite these moves, their operations in Vietnam remain in a legal grey zone, and some may even be operating illegally. At the same time, Vietnamese authorities have begun cracking down on forex trading scams, targeting schemes that are believed to have defrauded investors of hundreds of millions of dollars.London hosts finance leadersAnd in one of the major industry highlights of the week: The Finance Magnates London Summit 2025 was held at Magazine London, following a Networking Blitz at The Folly.The summit featured panels and sessions covering AI adoption, liquidity evolution, cross-border payments, regulation, and the digital asset economy, with a particular focus on retail and forex brokers.The discussion centered on careers in brokerage and trading services, exploring key aspects of the industry. Topics included client engagement, CRM practices, and strategies for building and maintaining strong professional relationships.CME group hit by data center outageEven before the dust had settled on the Cloudflare outage, CME Group ran into its own data center issue on Friday. The US derivatives giant CME Group halted trading on its platforms after a cooling issue at CyrusOne data centers. The disruption affected its major currency platform as well as futures markets across foreign exchange, commodities, treasuries and equities.Due to a cooling issue at CyrusOne data centers, our markets are currently halted. Support is working to resolve the issue in the near term and will advise clients of Pre-Open details as soon as they are available.— CME Group (@CMEGroup) November 28, 2025CyrusOne is headquartered in Dallas and operates more than 55 data centres across the US, Europe and Japan. It also remains unclear which specific facilities were impacted by the cooling problem.Executive moves: Trade Nation, Equiti, tZERO In the executive move roundup, Trade Nation appointed Kypros “Kyp” Zoumidou as Managing Director, who joins CEO Jon Noble. Both executives previously held senior roles at IG Group. At the same time, Equiti Group named Patrick Pitchappa as Chief Information Security Officer and Abdullatif Manlla as Head of Compliance and MLRO for the UAE. Lastly, tZERO Group hired Mike Diedrichs to lead its global sales operation, aiming to leverage his experience in digital asset platforms to turn recent infrastructure upgrades into revenue growth.CFTC widens Polymarket’s U.S. tradingIn matters regulations, the CFTC issued an Amended Order of Designation to Polymarket, authorizing it to operate a fully regulated, intermediated trading venue in the United States. The move will allow U.S. users to access Polymarket contracts through futures commission merchants and standard brokerage channels. The approval places Polymarket under the same regulatory framework as federally supervised exchanges. It also clears the way for the platform to resume U.S. operations after a years-long regulatory dispute that led to U.S. user access being blocked in 2022.Robinhood’s prediction market tops 9 billion contractsStill with the much-hyped prediction markets: Robinhood is pushing further into prediction markets and derivatives, reporting strong early adoption of its new contracts and outlining plans to launch a regulated futures and derivatives exchange. The move marks a significant expansion of the company’s trading offerings beyond traditional equities and crypto.Robinhood is introducing a new futures and derivatives exchange and clearinghouse, deepening our investment in Prediction Markets and better positioning us to deliver innovative products to our customers.More in our newsroom: https://t.co/Hqv6EMXZiD pic.twitter.com/JXDkp3c2Tr— Robinhood (@RobinhoodApp) November 25, 2025Since introducing prediction market contracts in March, Robinhood says more than nine billion contracts have been traded, with over one million users participating on the platform. These figures highlight rapid growth in engagement as the company deepens its presence in the prediction-market space.Robinhood shares rose more than 10% on Wednesday after the retail brokerage said it plans to launch its own futures and derivatives exchange, marking a further expansion into prediction markets.But are the regulations favorable? A federal court in Nevada dealt a significant blow to prediction market operators this week, ruling that financial contracts based on sports event outcomes qualify as gambling, even when offered by platforms registered with the Commodity Futures Trading Commission.Revolut valuation surpasses BarclaysIn the fintech space, Revolut reached a private valuation of $75 billion following a secondary share sale, pushing the digital bank ahead of established institutions such as Barclays, NatWest, and Deutsche Bank. The new valuation underscored the company’s growing prominence in global finance and its position as one of the world’s most valuable fintechs. The share sale, completed on November 24, 2025, marks a substantial jump from Revolut’s roughly $45 billion valuation in August 2024. The latest figure represents a 66–67% increase in a little over a year, equivalent to about £57 billion in UK terms.OpenAI upstages Apple on AILastly, Apple is reportedly working to license Google’s Gemini model for Siri, while OpenAI has acquired Jony Ive’s hardware startup, io, and hired several former Apple employees to advance its own device initiatives.OpenAI’s purchase of io, founded by former Apple design chief Jony Ive, is reportedly valued at about $6.5 billion. In addition to the acquisition, the company has significantly expanded its hardware and engineering teams. This article was written by Jared Kirui at www.financemagnates.com.

The U.K. is preparing to tighten the net around hidden crypto profits, setting the stage for a sweeping tax enforcement regime that will rely on detailed trading data collected directly from cryptocurrency exchanges. UK Sets Start Date for Mandatory Transaction TrackingBeginning January 1, 2026, crypto exchanges operating in the country must start gathering complete transaction histories for all their U.K. users. The requirement covers how much customers pay for digital assets, the amounts they sell for, and any profit or loss.HM Revenue & Customs (HMRC) will receive that information in 2027. Exchanges classified as “Reporting Crypto asset Service Providers” will send the data without exception. The tax authority will then compare the records to individual self-assessment filings."UK reporting Cryptoasset Service Providers will be required to report on their UK tax resident customers under the Cryptoasset Reporting Framework. Information for first reports to HMRC will be collected from 1 January 2026 and reported to HMRC in 2027," HM Treasury mentioned. Tax specialists say the timeline gives traders until the end of 2026 to ensure their filings match their actual transaction history. HMRC has warned it will sanction platforms that fail to gather the required information, as well as pursue individuals who underreport their gains.The government confirmed the plan in its 2025 Budget, describing it as part of a broader clampdown on tax avoidance. From 2027, HMRC will receive crypto trading data automatically for the first time, removing the uncertainty that has long surrounded digital asset taxation.Read more: UK Crypto Firms Will Need to Collect Every Customer's Address, Tax Number from 2026The rules align the U.K. with the OECD’s Crypto-Asset Reporting Framework. This global initiative aims to standardize how governments track digital asset activity. The framework is already underway in the European Union, Canada, Australia, Japan, and South Korea.Budget Also Tweaks Economic Crime Levy BandsAlongside the crypto measures, the Budget outlined changes to the economic crime levy starting April 1, 2026. The former “large” revenue band of £36 million to £1 billion will split into two tiers: £36 million to £500 million and £500 million to £1 billion.Charges remain set at 0.1% of revenue for firms at the lower end of each band. The government also committed over £1.5 billion to youth employment and skills programs, including the Youth Guarantee, which promises education or job support for people aged 16 to 24.The Budget document further stated that visa system reforms will ensure U.K. businesses can access global talent as the economy adapts to new regulatory and technological developments. This article was written by Jared Kirui at www.financemagnates.com.

KuCoin’s European unit has received a Markets in Crypto-Assets Regulation license in Austria. The approval, granted to KuCoin EU Exchange GmbH, allows the company to offer regulated crypto services across 29 countries in the European Economic Area, excluding Malta.The license requires compliance with MiCA rules, which set a single standard for crypto firms across the bloc and mandate a Crypto-Asset Service Provider license for companies offering exchanges, custodial wallets, advice, and related services.Legal Basis and ExpansionThe approval gives KuCoin a legal basis to operate under the EU’s unified crypto framework. MiCA sets common rules for digital asset firms across the bloc, and the company said it supports its broader compliance expansion.The firm added that the approval follows its recent registration with AUSTRAC in Australia. It also pointed to expanded compliance systems in several major markets.BC Wong, KuCoin’s chief executive, called the license a “defining milestone” in its compliance plans. He emphasized that MiCA represents “one of the highest regulatory standards worldwide.”JUST IN: KuCoin has obtained a MiCA license in Austria.The approval lets it offer regulated crypto services across the full EEA. pic.twitter.com/tVqIxtRz1U— BeInCrypto (@beincrypto) November 28, 2025User Transition in the EEAThe company also referenced its security certifications and ongoing proof-of-reserves audits as part of its risk controls.KuCoin said that users in the EEA, except Malta, will be served through its EU platform. New registrations on the global platform will no longer be available for EEA users and further updates will be shared through official announcements.Coinbase, Bybit, and Other Exchanges Secure MiCA ApprovalOther crypto exchanges have also obtained MiCA licenses to operate across the European Economic Area. Kraken launched services in all 30 EEA countries, while Coinbase and Bybit hold full approvals. Crypto.com has received an in-principle license. Kraken’s entity is authorized by the Central Bank of Ireland, allowing it to serve EEA clients directly under the unified MiCA framework. This article was written by Tareq Sikder at www.financemagnates.com.

Nomura stepped further into the AI race after signing a partnership with OpenAI aimed at developing new investment tools, market analysis systems and client services. The agreement marks one of the most direct moves by a major Japanese financial group to embed generative AI across its core businesses.Bank to Adopt OpenAI Deep ResearchUnder the deal, Nomura will adopt OpenAI Deep Research and receive technical support as it builds new AI-powered services. The bank plans to combine its internal data with external datasets to deliver new forms of investment advice and analysis. It will deploy the tools while keeping its existing security and governance standards.Nomura says generative AI now plays a central role in turning large datasets into usable information. The firm believes its long-standing data assets across asset management and other businesses will accelerate the rollout of AI solutions.“Generative AI has the power to do more than boost efficiency. It can fundamentally transform financial services. Through our strategic collaboration with OpenAI, we will combine Nomura’s extensive data assets and deep expertise with state-of-the-art AI to deliver more advanced investment advice and market analysis,” commented Kentaro Okuda, the President and Group CEO of Nomura Holdings. “By doing so, we will provide clients with more accessible and secure services, while also creating new revenue opportunities beyond traditional business models.”OpenAI also framed the deal as a step toward wider AI adoption in finance. Tadao Nagasaki, President and CEO of OpenAI Japan GK, said generative AI “is rapidly becoming a critical foundation for transforming industries and society,” adding that the collaboration will help expand operational capabilities and support new services.Partnership Part of Broader StrategyNomura said the collaboration aligns with its broader effort to merge human expertise with new technology. The bank plans to continue developing AI-driven tools as it looks to address challenges in global markets and expand the range of services it provides to clients.AI is also gaining traction among online brokers as a research tool. Last year, Firstrade launched FirstradeGPT, an AI-poweredresearch and analysis tool aimed at assisting investors with financial decision-making.The platform was developed in collaboration with FinChat.io, an investment research provider, and leverages artificial intelligence to deliver detailed insights on global equities and company-specific key performance indicators.Meanwhile, OpenAI is reportedly considering an initial public offering that could value the company at up to $1 trillion, potentially making it one of the largest public listings ever. The AI firm is evaluating a regulatory filing possibly as early as late 2026. This article was written by Jared Kirui at www.financemagnates.com.

A major, hours-long outage at the world’s largest exchange operator, CME Group, left brokers “flying blind” on Friday, forcing them into a high-risk scramble where some firms had to use their own internal data to quote prices for clients after official market benchmarks froze.The outage, triggered by a cooling-system malfunction at CyrusOne’s CHI1 data center in the Chicago area, knocked out Globex, CME’s core electronic trading infrastructure. The disruption has already lasted longer than a similar multi-hour CME outage in 2019, underscoring just how deeply the exchange’s systems sit at the center of global derivatives markets. CyrusOne said its engineers had restarted several chillers at limited capacity and deployed temporary cooling equipment, but gave no timeline for full restoration.Global Futures Freeze as Brokers Shoulder the RiskWhile the exchange eventually restored some operations, the prolonged blackout across its major global futures markets served as a stress test for the financial system. The outage exposed the hidden risks brokers are forced to shoulder when a core piece of market infrastructure fails. BrokerTec’s fixed-income platforms remained operational, but core futures contracts across equities, bonds, and commodities stayed offline, freezing prices for everything from WTI crude to 10-year U.S. Treasuries, Nikkei futures, palm oil, and gold.CME announced that BrokerTec EU, BrokerTec US Actives and EBS were open and trading, and that its futures and options markets would reopen at 7:30 a.m. Central Time.BrokerTec EU, BrokerTec US Actives and EBS are open and trading. Futures and options markets will open at 7:30am Central Time.— CME Group (@CMEGroup) November 28, 2025Some markets showed visible signs of strain: gold spreads briefly widened by more than 20 times, and liquidity in cash Treasuries thinned as participants shifted to alternative venues with reduced transparency.Brokers Forced Into Internal Pricing as Trades Halt“We’re now taking a lot of unnecessary risk here to continue pricing,” Christopher Forbes, head of Asia and the Middle East at CMC Markets, told Reuters, describing a situation he hadn’t seen in 20 years. With official prices for benchmarks like West Texas Intermediate crude and S&P 500 futures frozen, CMC had to switch to its own internal data and calculations in some cases, even pricing for other brokers.Other brokerages like Saxo Bank, XTB, and eToro were forced to halt trading entirely for a range of U.S. index, Treasury, and commodity futures. The move passed the halt down the chain to retail traders, but it also protected the firms from the immense risk of offering trades without a reliable, live price feed.Thin Holiday Liquidity Prevents a Wider ShockThe timing was particularly challenging for some, as options on the S&P 500 with a notional value of roughly $600 billion were set to expire on Friday, according to data compiled by Bloomberg. For desks rolling positions or managing delta exposure, the lack of futures created genuine operational headaches; some dealers resorted to ETFs or Euro Stoxx futures for hedging, though neither provides a clean match for SPX options.The saving grace for the market was the post-Thanksgiving timing, a day known for thin volumes and a lack of major economic data releases. “If it has to happen, then today is probably the best day for it,” Michael Brown, a senior researcher at Pepperstone, told Reuters.Nevertheless, the event serves as a critical reminder of the market’s fragility. The hours-long blackout provided a rare, real-world glimpse into what happens when the benchmarks disappear: the risk doesn’t vanish—it gets transferred down the line to the brokers, forcing them to choose between halting markets or navigating them without a map. This article was written by Tanya Chepkova at www.financemagnates.com.

The International Monetary Fund released an explanatory video on its X handle today examining tokenized markets. The video outlined potential advantages, while also warning about risks.Crypto tokens linked to traditional financial assets may bring new risks for investors, the global securities regulator IOSCO said. The organization noted that while most risks are already addressed by existing frameworks, the underlying technology could introduce additional vulnerabilities. Differences in token structures can create uncertainty over asset ownership, and third-party issuers may add counterparty risk. “Tokenization could also suffer from potential spill-over effects from increased inter-linkages with the crypto asset markets,” IOSCO added.Advantages Highlighted by IMF“Tokenization can make financial markets faster and cheaper, but efficiencies from new technologies often come with new risks,” the IMF video said. It explained that tokenization allows assets to be “faster and cheaper to buy, own, and sell” by reducing reliance on intermediaries such as clearinghouses and registrars. Tokenization can make financial markets faster and cheaper but efficiencies from new technologies often come with new risks. Watch our latest video to learn more. pic.twitter.com/hBsQxlhHFh— IMF (@IMFNews) November 28, 2025Researchers studying early tokenized markets have reportedly “found significant cost savings,” the IMF said, noting that programmable platforms can enable near‑instant settlement and more efficient use of collateral.Risks and Market VolatilityHowever, the fund cautioned that these same efficiencies can heighten familiar dangers. Automated trading has “already led to sudden market plunges known as flash crashes,” and tokenized markets with instantly executed trades “can be more volatile” than traditional venues. In stressed conditions, complex chains of smart contracts “written on top of each other” may interact “like falling dominoes,” potentially turning local problems into systemic shocks.Fragmentation and Liquidity ConcernsThe video also noted the risk of fragmentation if multiple tokenized platforms emerge that “don’t speak to each other,” which could weaken liquidity and undermine the promise of faster, cheaper markets. Governments’ involvement in the evolution of money was another focus.“Governments have rarely been content to stay on the sidelines during important evolutions of money,” the video said, adding that history suggests they are likely to take “a more active role in the future of tokenization.”PYMNTS: Securities Regulator IOSCO Warns Tokenization ‘Introduces New Risks’: A global securities regulator is warning of potential risks associated with tokenization. In a report issued Tuesday (Nov. 11), the International… https://t.co/uwZQAQckuh #payments #fintech pic.twitter.com/U2et5iLxZb— Rick Telberg (@CPA_Trendlines) November 11, 2025Tokenization as Mainstream Policy IssueThe video signals a shift in the IMF’s approach to tokenization. While the fund has researched tokenized market structures and digital money for years, presenting its findings in a public-facing video indicates that tokenization is increasingly seen as a mainstream policy issue. Tokenized markets have grown into a multibillion-dollar industry. Major players include BlackRock’s BUIDL fund, which has become the world’s largest tokenized Treasury fund, surpassing Franklin Templeton’s Franklin OnChain US Government Money Fund, and expanding through 2024 and 2025. The IMF’s video emphasized that these markets will continue to develop under close regulatory scrutiny, with governments ready to intervene if needed. This article was written by Tareq Sikder at www.financemagnates.com.

AI models are starting to use live financial data, kicking off a race to become their main supplier. Crypto firms are already taking the early lead. ​Crypto.com’s new service sends its real-time market data straight into AI models like Claude and ChatGPT. This is the latest step in a high-stakes race to become a key data provider for the AI ecosystem. This move also shows a growing gap between the fast adoption in the crypto world and the more careful approach of traditional brokerages. “The integration of AI and crypto is just beginning and will truly reshape how we invest and engage in commerce,” said Eric Anziani, President and COO of Crypto.com. “We are excited to take this latest significant step in developing AI-powered cryptocurrency tools that are establishing the bridge to the new era of financial technology and empowerment. Crypto Market Data by Crypto.com is designed for the trader of today and tomorrow.” MCP Becomes the Emerging Data Layer for AI The new ecosystem uses the Model Context Protocol (MCP), an open-source standard that enables AI models to connect directly to external data sources. Crypto-focused companies and major data providers have quickly adopted it. Anthropic, which created Claude, has already teamed up with data giants like S&P Global and FactSet. In crypto, data aggregators like CoinGecko and now Crypto.com have launched official MCP servers, making themselves easy data sources for compatible AIs. According to public MCP directories, there are already dozens of MCP servers focused on finance and investing — covering stocks, ETFs, crypto, broker connectivity, and XBRL data — and the segment is expanding quickly. Traditional Brokers Take a Cautious Approach This forward-looking strategy is very different from what traditional Forex and CFD brokers are doing. Most brokers are working on using AI inside their own platforms, building private chatbots and signal generators, instead of opening their main data feeds to the global AI ecosystem. But the market isn’t waiting for them. ​The clear demand for this functionality is being demonstrated by a grassroots effort from the development community. For platforms like Interactive Brokers and MetaTrader, independent developers are already building their own unofficial MCP servers. These community projects act as a “middle layer,” pulling data from the brokers’ standard APIs and feeding it to AI agents. So, while brokers are not officially part of this trend yet, their users and the developer community are already creating connections. From AI Users to AI Infrastructure Providers Crypto.com’s move puts it at the front of a major shift: going from just using AI to becoming a key provider of the data that powers AI. For traditional brokerages, the question is no longer if they will join this race, but when. Will they lead, or will they have to follow the path their own communities are already creating? ​ This article was written by Tanya Chepkova at www.financemagnates.com.