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FirewoodFX to Facilitate Forex Trading via Cryptocurrencies


Owned by the world-renowned entity Firewood Global Ltd., the FirewoodFX, which serves as a trustable platform for providing forex broking services, has added yet another feather to its esteemed credit by breaking the news about the adoption of cryptocurrencies in its network. The strategically...

Singapore & JPMorgan Create Forex Payments Blockchain Solution


The Singaporean central bank says it has developed a blockchain-powered prototype for foreign exchange payments – and wants other central banks to follow suit. The Monetary Authority of Singapore (MAS) stated, in a press release, that its new solution was developed in conjunction with JPMorgan...

CME Group Publishes Bitcoin Options Specifications


In mid-September, the foreign exchange company CME Group announced the launch of options on its bitcoin futures contracts in Q1 2020, pending regulatory review. CME Group executive Tim McCourt said there was “increasing client demand” for the firm’s bitcoin derivatives and now...

Beijing Mulls Blockchain-powered Forex, Chinese Crypto Searches Soar


China’s most recent bout of cryptocurrency and blockchain fervor shows no sign of subsiding – with regulators stating they are already looking at applying blockchain technology to cross-border trade finance. Meanwhile, it appears that the country’s citizens are brushing up on their crypto knowledge...

Why use a Forex broker to trade CFDs on cryptos?


Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com. ________ A CFD is a financial contract between you and your broker, allowing you to exchange with the latter the price difference of an underlying asset between the opening and closing price. When trading...

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