UK-regulated brokerage, FXOpen announced on Wednesday that it will stop offering cryptocurrency CFDs from January 5 to comply with the . “Following the decision by…
Posts published in December 2020
Securities Commission Malaysia Issues Guidance Note
The Securities Commission (SC) issued guidelines for investors to verify the licensing status of investing and trading platforms before making an investment. The commission warned…
World’s First Physical Cryptocurrency Bank Opens in India
The cryptocurrency market is flourishing in India despite the regulatory uncertainty. Unicas, a joint venture between the financial services companies Cahsaa and United Multistate Credit…
XRP Economy: Can Ripple Survive to Fight the SEC in Court?
When Bitcoin encouraged many startups to create distributed ledger-based digital currency, saw the potential in the underlying technology and created a decentralized payments network controlled…
Simplex Becomes a Visa Principal Member
Crypto payment processor, announced on Tuesday that it has become a principal member of the Visa network. This status will allow the company to directly…
IG Group Stops Servicing EEA Clients after Brexit Transition Ends
With the Brexit transition period coming to a close, today said its UK entity will no longer be able to service EEA clients. Europe’s largest…
FXDD Malta Rebrands as Triton Capital Markets
Nukkleus Inc, which controls FXDD Trading and FXMarkets brands, said its MFSA-regulated entity FXDD Malta Limited rebranded as Triton Capital Markets Ltd. (TCM). The listed…
Ripple Fires Back at SEC Lawsuit, Aspires to Work with New Chair
Ripple, the company behind the world’s fourth most valuable cryptocurrency, has briefly responded to the SEC allegations saying the US top watchdog is actually harming…
New York Regulator Approves Conditional Bitlicense for GMO-Z.com
The New York state regulator has approved GMO-Z.com Trust’s application for a conditional Bitlicense, which allows the company to issue and redeem stablecoins that are…
India to Impose 18% Tax on Bitcoin Trading
India’s Central Economic Intelligence Bureau (CEIB), an important part of the Indian Finance Ministry has put forward a proposal to the Government to impose an…