Global broker CAPEX.com, operated by Key Way Markets Ltd, announced receiving a retail license from the Abu Dhabi Global Market Financial Services Regulatory Authority (ADGM FSRA). This will enable CAPEX.com to expand its value proposition across the Middle East while providing regional investors with an online trading platform underpinned by a customer-centered and education-oriented approach.
The payments companies Visa and Mastercard, both issued individual statements supporting cryptocurrencies for digital payments. In its “Advancing our approach to digital currency” blog post, Visa stated that digital currencies have potential and can “extend the value of digital payments.” Mastercard has also supported blockchain technology and cryptocurrency through its new programme aiming to increase its partner base for crypto payment cards.
Specialized payments platform Paysafe announced the acquisition of US-based payment technology company Openbucks. Founded in 2011, Openbucks is a payment gateway which allows online merchants to accept retail gift cards as an alternative form of payment to credit cards, this is especially popular amongst online gaming and eSports operators. The acquisition of Openbucks is part of Paysafe’s strategy to expand its cash alternative payment offering in the US.
Forex and CFD online trading platform Skilling announced following its plans for global growth with the expansion of its presence in London under new global sales director David Berg. He joined the company earlier in July and is responsible for creating a global commercial customer facing division for Skilling in the UK.
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