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Tag: China

$3,5 bln Bitcoin Ponzi scheme Plus Token pressures the markets

Aug 15 2019 17:42:11 Jonathan Smith in Market

The fraudsters behind the China based Ponzi scheme Plus Token are dumping bitcoins worth over 3.5 billion USD on exchanges around the globe, and that is creating a selling pressure on the markets, venture capitalist Dovey Wan warns. Read more

China has granted its first forex broker license

Nov 20 2018 13:32:40 Jonathan Smith in Market

  The Chinese government granted the first forex license to Hong Kong-based brokerage Guo Tai Jun, the Chinese Forex Trading Center reported on Monday. Read more

Crypto miner arrested in China for stealing electricity

Jun 25 2018 13:06:54 Jonathan Smith in Market

Chinese police has arrested a man for allegedly stealing 150 000 kW hours of electricity for bitcoin and ethereum mining.   The police has made the arrest and confiscated more than 200 computers after a local power grid operator reported abnormal electricity usage, Xinhua news agency says. Read more

As China plans another clampdown on crypto trading, Bitcoin falls below $10 000

Jan 17 2018 14:30:56 Jonathan Smith in Market

The Chinese government is planning another clampdown on trading in cryptocurrencies, according to reports of Bloomberg. Read more

CMC Markets opens office in Shanghai – media

Oct 11 2017 08:46:29 Jonathan Smith in Brokers

CMC Markets, a major global forex and CFD broker, has opened an office in Shanghai, reports the site Finance Magnates. The broker already has an office in the capital Beijing, supported by the team in Australia.   The new office will help CMC Market expand and strengthen its presence in China. Read more

Shanghai USGFX hostage drama ends after negotiations

Jul 25 2017 11:56:02 Jonathan Smith in Brokers

The upset Chinese investors who have been holding hostage three employees of the Australian forex broker Union Standard Group Forex (USGFX)  since last Wednesday, have released them on July 24, after several negotiation attempts, reports Finance Magnates. Read more

Upset Chinese investors hold hostage USGFX staff in Shanghai

Jul 24 2017 07:47:54 Jonathan Smith in Brokers

Chinese investors who allegedly lost $2.6 million in forex trading have occupied the Shanghai office of Australian forex brokerage Union Standard Group Forex (USGFX) and are holding several staff members hostage. Read more

CFXEXPO: The first B2B forex expo in China

Dec 04 2014 18:08:43 Forexbrokerz.com in Market

CFXEXPO, the first domestic B2B exposition on forex investment in China will be held in Shanghai Hongqiao Guesthouse on April 24 to 25, 2015. This is not only an unprecedented professional forex investment exposition, it is also the most professional high-end forex industry forum. Read more

OANDA Beefs up Asia Pacific Management, Plans Sydney Office

Apr 03 2014 12:01:03 Forexbrokerz.com in Brokers

OANDA, the global group of Forex brokers, is beefing up the senior management team at its Asia Pacific business, as it aims for further growth in the region, including opening a new office in Australia. Read more

KVB Kunlun Grows Big in China, Gets License for New Subsidiary

Mar 17 2014 09:19:50 Forexbrokerz.com in Market

KVB Kunlun, the Forex broker that in July last year marked a super-successful listing on the Hong Kong Stock Exchange (HKex), has just announced that its newly incorporated subsidiary in China's Zhuhai has obtained the necessary license to operate. Read more

ZuluTrade's New Best Forex Trader: Breadman-09

Mar 11 2014 10:26:54 Forexbrokerz.com in Signals

The subject of today's review is Breadman-09, the new best Forex trader on social trading platform ZuluTrade. Read more

IC Markets Introduces USD/CNH, USD/RUB Trading

Mar 05 2014 07:15:06 Forexbrokerz.com in Brokers

Australian Forex broker IC Markets has recently stepped up its efforts to enlarge its offering and today marked no exception to the company's efforts. Read more

China's Yuan Ranks 7th amid World Payments Currencies

Feb 28 2014 06:34:42 Forexbrokerz.com in Market

China's Yuan (CNY) kept climbing the ladder of currencies for global payments in January, with the   Chinese renminbi now taking the seventh spot in the ranking. Read more

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