The People's Bank of China has granted a networking clearing license to the United States' payments giant American Express. In essence, this license allows the US payment conglomerate to clear Ren...
Type: Posts; User: mlawson71
The People's Bank of China has granted a networking clearing license to the United States' payments giant American Express. In essence, this license allows the US payment conglomerate to clear Ren...
As of Thursday, four major European payment processors, namely Ingenico Group, Nets, Nexi, and Worldline, have created a collaboration and have swiftly moved to action by launching the European...
Because of the extraordinary situation in the wake of the corona virus outbreak the Cyprus Securities and Exchange Commission (CySEC) gave its brokers more time to report their annual volumes.
The...
According to the US Treasury Secretary Steven Mnuchin new regulations for cryptocurrencies will be put in place through the Financial Crimes Enforcement Network which itself is subordinated to the...
The supposed victims of the notorious Forex- 3D Ponzi scheme are probably over 30 000. The investment scam that started in Thailand was offering participants 10% monthly rate of return and currently...
The Financial Conduct Authority (FCA) in the UK is preparing for a no-deal Brexit and is warning business that they will have 15 months to comply with the new rules in case UK leaves the EU without...
The Dutch Central Bank announced new rules for all companies dealing with crypto currencies that will take effect from January 2020.
All companies offering exchange services between crypto and...
The Reserve Bank of India (RBI), India’s central banking institution, proposes a major reform on the India’s currency trading laws.
A special task force set up by the bank back in February, wants...
Despite the negative reaction from the European Securities Markets Authority (ESMA) to the Polish proposal to allow leverage as high as 1:100 for some qualified retail traders, the national regulator...
A draft of a bill has been leaked in India inclining some to believe that the Indian government is considering prohibiting the use of cryptocurrencies in the country.
Even though its authenticity...
The European Securities and Markets Authority (ESMA) has identified certain undesirable practices among CFDs providers, which raise concerns of non-compliance with the product intervention measures...
Prime Factor Capital Ltd., a London-based hedge fund manager is the first financial company focused on the crypto market to be granted a license by the British Financial Conduct Authority (FCA).
...
The Central Bank of Ireland (CBI), which also serves as a financial services regulator, announced its plans to make ESMA’s product intervention measures permanent. These measures are aimed at...
Denmark announced that it will also ban the sale of binary options to retail customers, pointing out that such instruments are too complex and risky for inexperienced traders.
The step follows...
Higher income customers will be able to trade major currency pairs with leverage as high as 1:50, while less affluent traders will be allowed leverage of just 1:20. Those are some of the new...
UK’s Financial Conduct Authority (FCA) reported that local investors lost over £27 million to scams involving crypto and forex investments last financial year. The FCA and Action Fraud are warning...
The USA is the country with the highest number of crypto account holders in the world, a recent report by the DataLight, an Estonian market research company, shows.
For a month Americans have...
An hour after Binance, one of the biggest crypto currency exchanges, announced that it was hacked for over 40 million USD, the company is still not sure how extensive the breach is and whether...
Australia has seen a drastic rise in crypto scamming for the year 2018. According to the Australian Competition and Consumer Commission, as well as other government agencies crypto scams have risen...
Citi and J.P. Morgan are the two major global players when it come to electronic forex trading, which currently accounts for 80% of the global FX trading volume by customers, reveals the latest study...
Offshore brokers that offer VISA and MasterCard payment options to their clients are faced with new restrictions.
For one, currently offshore brokers have to pay a much higher fee for processing...
The Dutch financial regulator AFM announced its plans to make the product intervention measures of the European Securities and Markets Authority (ESMA) permanent. These measures are aimed at...
The Comision Nacional del Mercado de Valores (CNMV) has updated its warning list with BrokerYard, Capital245, CryptoEU, Pepperdyne, and UproFX, among others, earlier this week. According to the...
The Financial Conduct Authority (FCA) in the UK will make the temporary ban on binary options, which has been in place for the past nine months, permanent on the 2nd of April, 2019.
A similar ban...
The Cyprus Securities and Exchange Commission (the “CySEC”) has announced on Thursday that it has reached a settlement with ColmexPro of EUR 50 000. According to the regulator, the forex brokerage...