Latest news with #CurrencyExchange
Nahar Net
9 hours ago
- Business
- Nahar Net
Israel says killed money changer who transferred funds to Hezbollah
by Naharnet Newsdesk 25 June 2025, 13:05 Israel said it killed Tuesday in south Lebanon the head of a money exchange firm that was allegedly transferring money from Iran to Hezbollah for military purposes. 'Haytham Abdullah Bakri, the head of the 'Al-Sadiq' Currency Exchange who operated with Hezbollah to transfer funds for Hezbollah terrorist activities, was eliminated by the IDF (Israeli army) in southern Lebanon,' the Israeli army said. 'The 'Al-Sadiq' Currency Exchange serves as a funds storage and transfer mechanism for Hezbollah, for funds originating from the Iranian Quds Force,' it added. 'These funds are used by Hezbollah for military purposes including purchasing weapons, manufacturing means, and providing salaries to operatives, and are diverted for terrorist purposes and to finance the continuation of Hezbollah's terrorist activities,' the Israeli army claimed.
Globe and Mail
20-05-2025
- Business
- Globe and Mail
OTC Markets Group Welcomes Currency Exchange International Corp. to the OTCQX
NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Currency Exchange International Corp. (TSX: CXI; OTCQX: CURN), which provides comprehensive foreign exchange technology and processing services, has qualified to trade on the OTCQX® Best Market. Currency Exchange International Corp upgraded to OTCQX from the Pink® market. Currency Exchange International Corp. begins trading today on OTCQX under the symbol 'CURN.' U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on 'We are pleased to commence trading on the OTCQX,' said Randolph Pinna, President and CEO of Currency Exchange International Corp. 'As a Florida, U.S.A based company, this important step aligns with our strategy to increase Currency Exchange International Corp.'s U.S. shareholder base while strengthening shareholder engagement with investors. This market upgrade will improve our exposure to a broader group of institutional and retail investors.' Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. About Currency Exchange International Corp. Currency Exchange International is in the business of providing comprehensive foreign exchange technology and processing services for banks, credit unions, businesses, and consumers in the United States and select clients globally. Primary products and services include the exchange of foreign currencies, wire transfer payments, Global EFTs, and foreign cheque clearing. Wholesale customers are served through its proprietary FX software applications delivered on its web-based interface, ('CXIFX'), its related APIs with core banking platforms, and through personal relationship managers. Consumers are served through Group-owned retail branches, agent retail branches, and its e-commerce platform, ('OnlineFX'). About OTC Markets Group Inc. OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX ® Best Market, OTCQB ® Venture Market and Pink ® Open Market. Our OTC Link ® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets. OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS TM are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.
