Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Wednesday, 19 December 21:59 (GMT -05:00)



Foreign exchange market

Iran Circumvents U.S. Sanctions with Cryptocurrencies


FinCEN came up with new recommendations. The document contains interesting points, including the thing that Iran abuses cryptocurrencies, thereby jeopardizing the entire global financial system. In particular, the document claims that Iranian citizens make BTC transactions to the amount of around 4 million dollars, yet those transactions are are claimed to be indented for criminal purposes. At the same time, FinCEN claims that Iran uses digital currencies to circumvent Western sanctions. 
 
The regulator recommends American businesses, including crypto platforms, to investigate into their block-chain registries to spot the activity coming form Iran. the thing is that, according to FinCEN, even though the Central Bank of Iran has been desperately trying to prevent local businesses and individuals from accessing cryptocurrencies, they still have unlimited access to American p2p online exchanges. That's why the regulator reminds American businesses about the importance of intensifying security measures for the sake of observing the sanction requirements. 
 
In July 2018, the Iranian authorities announced their plans to launch their own national cryptocurrency. According to their plans, the coin will let them circumvent the Western sanctions initiated by the United States. But on the other hand, China has enough resources to ruin Iran's plans. According to expert estimates, China is really capable of influencing or even destorying Bitcoin. If that's the case, this will spoil the image of cryptocurrencies as promising assets to invest in. 
 
While those threats are potential, crypto miners keep on making money. They say that over the first 6 months of 2018, international miners made almost 5 billion dollars, even despite the increasing rivalry and decreasing profitability of mining. 
 
In the meantime, the cryptomarket has been undermined by various news and rumors. For instance, not so long ago, several big-scale financial institutions from Europe were suspected in some shady schemes regarding cryptocurrencies. In particular, the Lithuanian agency that fights financial crimes got curious about some big-scale crypto transactions taking place over the last few years. Some of the clients made big-scale transactions worth millions of dollars. Now they will have to explain the origin of the money as well as the purpose of those financial transactions. Those individuals are reported to be Lithuanian citizens. They are clients of such banks as SEB, Swedbank, Luminor, Danske Bank, Citadele, Pervesk, and Mister Tango.

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Christmas Fairy Tale by FortFS

FortFS has been now for its promos and bonuses for years. Christmas and New Year are coming. This means that it's time for new pleasant surprises. With that being said, FortFS wants to congratulate all of its existing and future clients and wishes them Merry Christmas and happy New Year. To celebrate together, FortFS has announced a new promo. It's called "CHRISTMAS FAIRY TALE".

Publication date: 18 December 12:52 PM

Bitcoin Will Decline, Dollar Will Grow, NordFX Predicts

Whether we are aware of this or not, currency exchange rates have been affecting our lives for decades. However, more and more retail traders and investors are now getting increasingly interested in financial markets in general and Forex in particular. or the most part, all of those changes in exchange rates are they key factors determining their financial results at the end of the day.
 
Publication date: 17 December 12:29 PM

Weekly Forex and Crypto Forecast By NordFX. December 10-14, 2018.

The actual value of each and every currency put there is the result of many factors influencing the global market. In their turn, currency exchange rates affect many other processes out there. With that being said, considering a number of opinions expressed by experts can help traders and investors make better decision leading to increased financial performance.
Publication date: 10 December 11:19 AM

NordFX Introduced New Trading Solutions At Traders Fair-2018

Publication date: 09 December 04:56 AM

Crypto Traders Expect Growth, NordFX

The balance of powers in the Forex market depends on a number of factors. Getting familiar with an unbiased forecast helps market players figure out what to do next and what to expect in the market. Such information hits an the most probable market scenarios that may manifest themselves in the near future, which in its turn may give them a decent opportunity to increase the potential profit.
Publication date: 03 December 12:17 PM

NordFX Expects Cryptocurrencies and Euro to Go Further Down

The relation between 2 currencies at a certain point of time is the result of the market being simultaneously influenced by a whole lot of various factor of various impact and origin. Currency exchange rates, in their turns, affect man other processes meaningful for the majority of people in all parts of the world.
Publication date: 26 November 01:30 PM

Deposit bonus 120% - FortFS

FortFS is improving the conditions of deposit bonus! The bonus is increased to 120% from 50%: during this limited time you can receive x2,4 of the deposit amount.

Publication date: 25 November 11:39 AM

Crude Oil Market Keeps On Crashing

Like a week ago, oil prices have dropped by 7% once again. Now traders are afraid of another major downtrend seen in 2014, when crude oil depreciated  by 33% over November and December. International experts say this scenario is extremely probable.
Publication date: 25 November 03:32 AM

Dollar Will Rise, Crypt Market Will Stay Flat, NordFX Experts Predict

Contemporary methods of market analysis make it posible to make define the most probable scenarios and to make really accurate predictions, with a really high probability of coming true. Needless to say that such info is priceless for traders and investors seeking to reduce their risks and earn money from financial markets.
Publication date: 19 November 12:23 PM

FortFS Launches Welcome Bonus 75 USD

A forex broker named FortFS has launched anothr promo. Thìs time ], the broker is offering a decent welcome bonus to the amount of 75 dollars. Basically, that's why it's called "Welcome Bonus 75 USD". The promo is going to last until November 23, 2018. This means that you still have quite a lot fo time to make your decision and join one of the best FX brokers out there.

Publication date: 17 November 05:24 AM