PayPal, Visa & Others Considering Withdrawal From Libra

After PayPal representatives didn’t show at a Libra Association meeting on Thursday, the Financial Times reported that the company is reconsidering its involvement with Facebook’s Libra project. The payment ...

Stars Group and Flutter Entertainment Agree Mega-Merger

Flutter Entertainment, the parent company of Paddy Power Betfair, has agreed a deal to acquire all of the shares in The Stars Group (TSG) and merge with the operator to form a combined business with annual re...

$333 Million Bithumb Acquisition Deal Might Fall Apart

The acquisition deal for crypto exchange Bithumb’s controlling stake, involving 400 billion won (around $333 million), is on shaky grounds. Citing anonymous sources from the industry, The Korea Herald on Mon...

Marex Solutions Launches Dedicated US OTC Hedging Entity

Marex Solutions, the over-the-counter (OTC) derivatives arm of Marex Spectron, announced this Thursday that it has launched its dedicated US OTC hedging entity, Marex Spectron USA, LLC. According to the stat...

Regulatory Trends Push Revenue And Profit Down At XLMedia

XLMedia has put a 10% year-on-year decline in revenue during the first half of the year primarily down to regulatory headwinds, while the digital marketing service provider also saw gross profit slip 9% i...

SIX Postpones Launch of SDX Blockchain Platform To Q4 2020

The operator of the Swiss Stock Exchange, SIX Group, is delaying the launch of its new blockchain-powered exchange until the end of 2020. Dubbed SIX Digital Exchange (SDX), the platform had previously project...

Michael Zollweg to Leave Deutsche Börse After Two Decades

After having spent two decades at the Trading Surveillance Office (TSO) of the Frankfurt Stock Exchange and Eurex Germany, Michael Zollweg will be leaving his position at the end of this year, at his own requ...