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Retail FX
News Nuggets | 11 October: Tiger Brokers Hires New CEO; FCA Censures LCF
2023-10-11T11:58:21.158+02:00
Also, Consob ordered the blackout of 5 websites; OKX hired a new head of compliance.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
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CryptoCurrency
Binance Faces Regulatory Hurdles in Meeting UK Crypto Ad Rules
2023-10-10T18:49:00.752+02:00
Rebuildingsociety.com can't approve crypto ads due to regulatory restrictions.
Binance had partnered with the company to comply with FCA's new regulations.
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CryptoCurrency
How Will Nexo Adjust to New Rules from the FCA?
2023-10-10T15:28:10.673+02:00
Are concerns of crypto firms' exodus valid?
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News
Cryptocurrency Exchanges Adapt to UK's New Financial Promotions Regime
2023-10-09T13:07:53.692+02:00
Binance has a new domain and partnerships with local entities to cater to its UK users.
The FCA has expanded its warning list to include 143 unauthorized entities in the UK.
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Retail FX
News Nuggets | 9 October: Komainu Joins the UK Crypto Register; CNMV Issues New Warnings
2023-10-09T12:06:22.182+02:00
Also, the FCA welcomes the Transition Plan Taskforce; Oliver Haste joins Propellant.digital.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
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CryptoCurrency
FCA Targets 143 Entities, including Major Crypto Exchanges Huobi and KuCoin
2023-10-09T10:27:46.569+02:00
On Sunday, the FCA expanded its warning list when the new crypto regulations kicked in.
The regulator claims two major cryptocurrency exchanges operate in the UK without authorization.
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CryptoCurrency
Binance Prepares for UK's Financial Promotions Regime: Introduces Dedicated Domain
2023-10-06T23:26:52.852+02:00
UK users have been directed to the domain in compliance with the new regulations.
Certain services provided by the crypto exchange will be limited for retail users.
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CryptoCurrency
Komainu Enters UK Crypto Custody Space with FCA Registration
2023-10-06T17:31:10.140+02:00
The license enables the company to offer multiple services on Komainu Connect.
Komainu's expanding global reach includes regulatory approval in Italy and Dubai.
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CryptoCurrency
Nexo Responds to FCA: Ending Crypto Cashback Payouts in the UK
2023-10-06T16:00:54.948+02:00
The FCA has imposed stringent promotion rules for the cryptocurrency industry.
Other firms, including PayPal, Luno, and Bybit, have scaled back their services in the UK.
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Retail FX
News Nuggets | 4 October: SEC Halts Ponzi Scheme; FCA Updates Warning List
2023-10-04T11:28:49.833+02:00
Also, ClearBank broadens its Board; ABN Amro sells a stake in EMS to Fiserv.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
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FinTech
Revolut under Scrutiny: FCA Probes Suspicious Account Transactions
2023-10-02T19:39:19.930+02:00
The regulator is investigating whether Revolut allowed transactions flagged by the NCA.
Up to £1.7 million was allegedly released from these accounts in July and August.
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Retail FX
News Nuggets | 2 October: ADMISI to Pay £6.5M Fine; MetaTrader 5 Presents New Update
2023-10-02T12:04:11.831+02:00
Also, Tusk Capital loses regulatory permissions; Tap Global announces US launch.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
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Retail FX
FCA's Big Screen Debut Targets Investment Hype
2023-09-25T16:28:46.538+02:00
The FCA launched a cinema ad campaign to educate the public about the risks of investment hype.
The ad will be shown before the new film ‘Dumb Money’, which explores the GameStop saga.
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CryptoCurrency
The UK's FCA Sends Final Warning as Crypto Regulation Deadline Nears
2023-09-21T13:46:07.402+02:00
The promotional regime kicks in the next two weeks, and companies still face 'challenges'.
The FCA is reminding about the consequences of failing to comply with the new regulations.
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Retail FX
Beware the Doppelganger: UK FCA Exposes Fake BUX Trading Platform
2023-09-19T10:21:35.680+02:00
FCA has warned against Trader BUX Markets.
As it turns out, it is the second clone of BUX in the UK within the last 12 months.
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Op-ed
Retail FX
Op-ed
FX and CFDs Brokerage Licences: To Buy or Apply?
2023-09-14T15:30:00.000+02:00
Costs for licenses differ significantly depending on location.
Regulatory appetite for new market entrants is a key consideration.
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Retail FX
FCA's New Checks Could Be a Game-Changer for Financial Ads
2023-09-12T12:14:36.583+02:00
The FCA implements new screening checks for firms approving financial ads.
This is another move of the institution in the fight against inappropriate commercials.
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CryptoCurrency
FCA: Crypto Firms Face "Significant Challenges" Ahead of Financial Promotions Regime
2023-09-08T15:58:39.574+02:00
The UK's much-anticipated financial promotions regime will be implemented on October 8.
According to the regulator, some companies have overlooked the broader aspect of the regulation.
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Retail FX
News Nuggets | 31 August: CQG Trader Platform Retires; Twitter to Collect Biometric Data
2023-08-31T12:14:48.188+02:00
Also, the FCA released new warnings against unlicensed companies; LCH appointed a new CEO.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
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Retail FX
News Nuggets | 30 August: SEC Charges Citigroup; FMA and FCA Warn against Clone Websites
2023-08-30T11:33:09.381+02:00
Also, Bybit launches revamped 'Launchpad 3.0'; Nasdaq Announces CFO Transition.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
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Retail FX
News Nuggets | 28 August: ASIC Suspends AFS License; FCA Warns against 5 Fraudulent Firms
2023-08-28T12:36:43.826+02:00
Also, Coinstore two hits milestones; Cake Group completes its executive team.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
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CryptoCurrency
UK Crypto Firms Brace for Compliance as FCA Sets Deadline for ‘Travel Rule’ Implementation
2023-08-17T18:51:43.877+02:00
Starting September 1, crypto companies in the UK must provide information on transfers.
Crypto firms have until August 25 to provide input on the new guidance.
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Retail FX
News Nuggets | 15 August: Devexperts Updates DXcharts; FCA Warns against Seven Companies
2023-08-15T13:55:20.211+02:00
Also, BaFin investigates Cryptowall-Trading; MAS introduces stablecoins' regulation.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
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Retail FX
News Nuggets | 10 August: CFI Welcomes MENA's Marketing Head; FCA Cancels Matrix License
2023-08-10T13:32:14.329+02:00
Also, France updated its crypto licensing regime; Blue Suisse adopted MetaTrader 5.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
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Retail FX
News Nuggets | 9 August: GO Markets Expands into Asia; BaFin Investigates Worldcoin
2023-08-09T14:02:36.641+02:00
Also, FCA issues new warnings; RaiseFX celebrates growth in Africa.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
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