Binance to Compensate Users for AEUR Price Surge

Cryptocurrency exchange Binance has announced that it will compensate users who were impacted by a recent price deviation in the Anchored Coins EUR (AEUR) stablecoin. The value of AEUR surged nearly 200% after it was listed on the platform, prompting Binance to suspend trading for the asset’s four trading pairs. Binance attributed the price deviation […]

Binance to Compensate Users for AEUR Price Surge

Cryptocurrency exchange Binance has announced that it will compensate users who were impacted by a recent price deviation in the Anchored Coins EUR (AEUR) stablecoin. The value of AEUR surged nearly 200% after it was listed on the platform, prompting Binance to suspend trading for the asset’s four trading pairs. Binance attributed the price deviation […]

French Bank Societe Generale Launches Euro Stablecoin on Ethereum Blockchain

Societe Generale FORGE, a subsidiary of the French banking group Societe Generale, has announced the launch of EUR CoinVertible (EURCV), a stablecoin tied to the Euro and issued on the Ethereum blockchain. EURCV is an ERC20 token designed to provide a low volatility cryptocurrency that maintains a stable value equivalent to the Euro. The stablecoin […]

French Bank Societe Generale Launches Euro Stablecoin on Ethereum Blockchain

Societe Generale FORGE, a subsidiary of the French banking group Societe Generale, has announced the launch of EUR CoinVertible (EURCV), a stablecoin tied to the Euro and issued on the Ethereum blockchain. EURCV is an ERC20 token designed to provide a low volatility cryptocurrency that maintains a stable value equivalent to the Euro. The stablecoin […]

Binance to Reimburse Users and Delist AEUR Stablecoin After Surge in Value

Crypto exchange Binance has decided to reimburse users and delist the Anchored Coins Euro stablecoin (AEUR) after its value surged by over 200% following its listing. Binance will compensate users who bought AEUR at an inflated valuation and were unable to sell it after trading was halted. Affected users will receive a refund for the […]

Binance to Reimburse Users and Delist AEUR Stablecoin After Surge in Value

Crypto exchange Binance has decided to reimburse users and delist the Anchored Coins Euro stablecoin (AEUR) after its value surged by over 200% following its listing. Binance will compensate users who bought AEUR at an inflated valuation and were unable to sell it after trading was halted. Affected users will receive a refund for the […]

Trafigura, Swiss Commodity Trader, Accused of Corruption

The Swiss Federal Prosecutor’s Office has charged Trafigura Beheer, a Dutch-based commodity trading company, and three individuals with corruption. This is a significant development as it is rare for criminal charges to be brought against a company. The charges stem from alleged corruption payments in Angola. While Trafigura’s headquarters are in the Netherlands, a significant […]

Trafigura, Swiss Commodity Trader, Accused of Corruption

The Swiss Federal Prosecutor’s Office has charged Trafigura Beheer, a Dutch-based commodity trading company, and three individuals with corruption. This is a significant development as it is rare for criminal charges to be brought against a company. The charges stem from alleged corruption payments in Angola. While Trafigura’s headquarters are in the Netherlands, a significant […]

New Study Explores Impact of Financial Regulations on Independent Asset Managers in Switzerland

A new study is being conducted to examine the impact of financial regulations on independent asset managers in Switzerland. The survey, led by the Lucerne University of Applied Sciences and Arts (HSLU), focuses on the effects of the Fidleg (Financial Services Act) and Finig (Financial Institutions Act) on the industry.The survey has been extended until […]

New Study Explores Impact of Financial Regulations on Independent Asset Managers in Switzerland

A new study is being conducted to examine the impact of financial regulations on independent asset managers in Switzerland. The survey, led by the Lucerne University of Applied Sciences and Arts (HSLU), focuses on the effects of the Fidleg (Financial Services Act) and Finig (Financial Institutions Act) on the industry.The survey has been extended until […]