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Forex Market News

Tether might have been used to manipulate Bitcoin price in late 2017

Jun 15 2018 13:39:11 Jonathan Smith in Market

Tether, a cryptocurrency token that is supposedly backed by the US dollar, has been spent on Bitcoins at key instances to support its price, reveals a paper published by a University of Texas professor, cited by Bloomberg. Read more

Crypto exchanges in Canada to report transactions over 10 000 CAD

Jun 14 2018 15:34:38 Stanimir Zhelev in Market

The Canadian government has released an official draft of new regulations on crypto exchanges aimed at strengthening Canada’s anti-money laundering regime. The full text of the proposed legislation is published in the Canada Gazette. Read more

South Korean crypto exchange Coinrail hacked, temporarily shuts down

Jun 11 2018 12:18:21 Jonathan Smith in Market

  South Korean Coinrail was hacked over the weekend and reportedly lost about 30% of the coins traded on the exchange, which caused a sharp drop in the prices of Bitcoin and other digital currencies. Read more

UK's FCA warns of Primus Forex Financial Group, clone of PCM UK

Jun 06 2018 14:05:58 Jonathan Smith in Market

 UK's Financial Conduct Authority (FCA) has issued a warning against Primus Forex Financial Group, a clone of the properly regulated forex brokerage Primus Capital Markets UK (PCM UK). Read more

ESMA caps leverage at 1:30 from August

Jun 01 2018 12:50:34 Jonathan Smith in Market

  The European Securities and Markets Authority (ESMA) has announced today that the new restrictions on the provision of contracts for differences (CFDs) to retail investors will take effect as of August, 1. Read more

Eo.Trade – another ICO aiming to bring crypto and traditional markets together?

May 31 2018 15:30:42 Jonathan Smith in Market

Eo.Trade is an ICO created by the people behind an already existing binary options broker – Expert Option. The full scope of the project is very broad, but each step is connected to a specific level of capital gained from the coin offering. Read more

Spain's CNMV warned against unregulated forex broker InvestMib

May 30 2018 14:20:16 Jonathan Smith in Market

  Spain's financial markets regulator, CNMV, has warned of forex broker InvestMib earlier this week. Read more

UK's FCA warns against unregulated forex brokers BrokerXP, ForexGrand and Golden Markets

May 28 2018 13:17:13 Jonathan Smith in Market

  The UK Financial Conduct Authority (FCA) warned against BrokerXP, ForexGrand and Golden Markets in a series of official notices on its website last week. Read more

FCA warns against binary options brokers Rbinary, BigOption and VIP Brokers

May 22 2018 12:23:36 Jonathan Smith in Market

  The Financial Conduct Authority (FCA) has added several unregulated binary options brokers to its warning list on Monday. According to the UK’s financial watchdog, Rbinary, BigOption and VIP Brokers have been providing financial services or products in the UK without its authorisation. Read more

Canadian OSC warns against BTC Real, Bit Serial and several more cyptocurrency investment firms

May 21 2018 14:12:48 Jonathan Smith in Market

The Ontario Securities Commission (OSC) has warned residents of BTCReal, BitSerial, Hypercube Ventures LP, CabinCoin OÜ, and BaapPay Inc. These companies target Canadian investors and are all supposedly connected to cryptocurrencies. Read more

FCA adds Revolution Variable Systems (RVS) to its warning list

May 17 2018 12:48:14 Jonathan Smith in Market

  UK’s Financial Conduct Authority (FCA) warned that Revolution Variable Systems (RVS) has been providing financial services in the country without being authorized. “This firm is not authorised by us and is targeting people in the UK,” the FCA said in its notice. Read more

Canadian watchdog OSC issues a warning against Meta Investing

May 17 2018 12:23:38 Jonathan Smith in Market

The Ontario Securities Commission (OSC) warned the public against another company – MetaInvesting. Canada’s multiple regional regulators are actively informing residents of the risks involved with unregulated entities. Read more

CySEC limits the leverage for cryptocurrency CFDs to 1:2

May 16 2018 09:42:03 Jonathan Smith in Market

The Cyprus Securities and Exchange Commission (CySEC) issued new guidelines regarding the cryptocurrency products offered by the plethora of brokers overseen by them. Read more

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