The (CySEC) announced this Monday that Cyprus Investment Firms (CIFs) will need to provide information on their cross-border activity for 2019. Specifically, CIFs that were…
Posts published in September 2020
Ant Bank Launches Virtual Lender in Hong Kong
Ant Bank, the virtual banking arm of Ant Group, has launched its operations in Hong Kong on Monday, becoming the sixth branchless bank in the…
GMO-Z.com Rolls Out Agency FX Services
GMO-Z.com Trade UK Limited, a subsidiary of GMO Financial Holdings Inc., has extended its offerings by launching Agency FX service on Monday. As detailed in…
Belgium’s FSMA Warns Against Rising Recovery Room Scams
As Belgium’s Financial Services and Markets Authority () remains vigilant against frauds, it issued a warning on Monday against the rising ‘recovery room’ frauds targeting…
AUD/USD Touched 0.7010. Are the Bears Done?
The Australian versus the US dollar currency pair seems to be in bearish hands. Are the bulls anywhere near? Long-term perspective The appreciation from the 0.5701 low climbed to as high as 0.7413. From there,…
Risk Aversion Helped Greenback End Week Strongest
The US dollar ended the trading week as the strongest currency on the Forex market thanks to risk aversion. The Australian and New Zealand dollars were the weakest due to the outlook for monetary easing from their respective…
CFTC Charges Metal Dealers in $185 Million Fraudulent Scheme
The Commodity Futures Trading Commission joined 30 states regulators in bringing up charges against precious metals dealers that solicited $185 million from 1,600 seniors and…
Austrian Regulator Exposes Another Unauthorised FX Broker
Austrian financial supervisory authority (FMA) today issued another public warning, this time against the unauthorized activities of Krisimark Ltd, an FX broker that claims to…
Bibox Lists Meme and Rarible Tokens Amid Ongoing DeFi Craze
Digital asset exchange Bibox is the latest cryptocurrency exchange to hop on the DeFi bandwagon, having listed two decentralized finance tokens to reaffirm what it…
Hong Kong’s SFC Warns of ‘Pump-and-Dump’ Scams on Social Media
Hong Kong’s financial watchdog, the Securities and Futures Commission (), has established its official Facebook page with a campaign warning of a new generation of…