FCA Asks For More Information On Facebook’s Libra Coin
Facebook has launched its own cryptocurrency called Libra in an attempt to enter and dominate the global cryptocurrency market. The new Libra crypto coin has caught the attention of financial regulators around the world. The Financial Conduct Authority (FCA) which
Read MoreFATF Wants Client Data From Crypto Exchanges Collected
The Financial Action Task Force (FATF) is a watchdog that is responsible for overseeing its 37 member countries. The FATF focuses on combating money laundering and has been looking into the operations of virtual asset service providers (VASPS), especially crypto
Read MoreRevolut Expanding Into Australia With FX Services
The UK based fintech firm Revolut has a solid reputation in the European market, providing forex services to over five million European customers. Now, the company is planning to take its first steps outside of Europe with an expansion set
Read MoreDenmark Follows UK To Ban Binary Options From July 2019
The binary options market got smaller recently when UK regulators decided that it was time to crack down on what they deemed as risky investments. The global binary options market reduced in size after the UK permanently banned the sale
Read MoreAfrican FX Market Booming Due To ESMA Regulations
Africa is a big market for forex traders. The continent has 54 countries and more than 40 different currencies which gives traders lots of options to work with. Add to this the fact that traders also get to work with
Read MoreASIC To Roll Out New Forex & CFD Reporting Rules in July
Forex and contracts for difference (CFDs) trading can be profitable but they can also be a risky proposition for many. This is why regulators like the Australian Securities and Investments Commission (ASIC) are wary about these financial instruments. As a
Read More‘TrueFX’ – New Data Streaming Portal Launched By Integral
Foreign exchange traders across the world have faced a lot of setbacks lately. Regulatory bodies are cracking down on the FX industry by imposing stringent regulations and a number of investors are walking away because it isn’t easy being a
Read MoreGerman FX Industry Goes Through Massive Change Due To ESMA
Germany is an economic powerhouse in the European Union and one of the largest foreign exchange (forex) markets in Europe. Brokers and traders do brisk business in Germany and retail and institutional investors have had a lot of liberty with
Read MoreBithumb Expands Trading Globally With Multiple Fiat Currencies
Bithumb is one of South Korea’s biggest crypto exchanges. It has captured a large part of the local market but it Bithumb’s ambitions are not just aimed at the Korean market. The exchange has revealed that it is ready to
Read MoreForex Operators Show Interest In Lucrative MENA Region
The Middle East and North Africa (MENA) region is quickly becoming a hot spot for the forex market. In the past, local instability and the low oil prices have slowed down their development. However, the market is showing steady growth
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