BANK OF RUSSIA

The cancellation is part of Morgan Stanley’s efforts to scale down its business in Russia.

It was among the biggest projects under the central bank’s sandbox program.

After the central bank revoked the licenses of top brokers in Russia, the local FX market is largely non-existent.

The future of cryptocurrency in Russia remains uncertain, with officials raising questions about legalizing it.

Global FX and FX Open Markets Limited have been identified by the industry body as illicit

The new cryptocurrency would coincide with new cryptocurrency regulations from the Russian government.

The local regulator ordered five of the country's largest brokers to cease operations at the end of last year

The company was among five foreign exchange dealers operating in the country that saw their licenses revoked last month.

The move comes after the Central Bank of Russia announced it would be revoking the broker's license

Catch up on the top stories from the past week.

The oligopoly of the Russian forex brokerage industry has been a long time coming.

The central bank had given a months notice to the five FX dealers to cease all operations.

Catch up on the top stories from the past week.

A total of 2000 clients held just over $500,000 in deposits at the five brokers which got suspended.

One of the brokers which the Bank of Russia singled out on Thursday does not intend to leave the ...

The Russian regulator corners the market into the hands of local banks, strips industry pioneers of permits.

The company is refocusing its efforts on Asia, Africa and Latin America.

Twenty months since the last time the regulator gave out a license, Alfa Forex gets approved.

Leverage will be reduced to 30:1 but brokers may be able to start hedging against their clients again

The new guidelines have drawn criticism for being at odds with other proposed legislative measures.

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