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Forex Market News

Australian regulators also oppose the launch of Libra

Nov 08 2019 16:52:08 Jonathan Smith in Market

  Following the example of the United States and Europe, Australia's financial and consumer watchdogs also expressed their disapproval of Facebook’s cryptocurrency project Lira, as reported by the Australian on Wednesday. Read more

EU authorities may launch their own coin in response to Libra

Nov 06 2019 16:29:52 Jonathan Smith in Market

  It seems that the regulatory frenzy around Facebook’s Libra stablecoin has catalyzed the idea of launching a new cryptocurrency among EU officials. Read more

Israel’s ISA plans to cap leverage at 1:100

Nov 04 2019 14:23:44 Jonathan Smith in Market

 The Israel Securities Authority (ISA) plans to follow ESMA’s footsteps and to impose certain restrictions on forex trading, the regulated stated on Sunday. Read more


Spain’s CNMV blacklists Lex Capital and other 20 unregulated brokers

Oct 31 2019 14:50:59 Jonathan Smith in Market

  Spain’s financial watchdog, the Comision Nacional del Mercado de Valores (CNMV), flagged Lex Capital and other 20 unregulated brokers earlier this week. The CNMV said that these entities are not authorized to provide investment services in the country.   Actually, Forexbrokerz. Read more

UK’s FCA adds Alliance Capital and Investteck to its warning list

Oct 28 2019 14:13:01 Jonathan Smith in Market

  The Financial Conduct Authority (FCA) has updated its warning list with unregulated brokers Alliance Capital and Investteck on Friday. Read more

Belgium’s FSMA blacklists MarketCapital, StockGlobal and Capital Pilots

Oct 25 2019 09:38:45 Jonathan Smith in Market

  The Belgian Financial Services and Markets Authority (FSMA) issued an official warning MarketCapital, StockGlobal and Capital Pilots. Read more

Facebook would quit Libra, if US regulators didn’t approve it

Oct 24 2019 13:34:26 Jonathan Smith in Market

  Facebook would quit Libra, if the project is not backed by US regulators, said Marc Zuckerberg in a hearing of the House Financial Services Committee on Wednesday. Read more

Italian regulator warns against CFDtrend, MFIbroker, BoxInvesting and FXsuit

Oct 22 2019 12:36:32 Jonathan Smith in Market

  Unregulated forex brokers CFDtrend, MFIbroker, BoxInvesting and FXsuit have been the latest additions to the warning list of the Commissione Nazionale per le Societa e la Borsa (CONSOB). Read more

Bank of Ireland executives refuse to testifying against OneCoin

Oct 17 2019 14:29:31 Jonathan Smith in Market

Bank of Ireland (BOI) employees refused to testify against the OneCoin alleged crypto scam.    According to a court letter filed earlier this week the US government is having difficulties to secure voluntary testimonies from four BOI executives, who are allegedly involved in the matter. Read more

EC will regulate crypto currencies like Libra

Oct 16 2019 16:04:12 Jonathan Smith in Market

As crypto assets like Facebook's Libra may threaten the financial stability, they should be regulated in the European Union, Valdis Dombrovskis, the incoming European Commission Executive Vice-President responsible for the finance affairs of the Block, told lawmakers in the European Parliament. Read more

The FCA alerts investors HYCM Option is a clone

Oct 16 2019 09:20:42 Jonathan Smith in Market

  UK's Financial Conduct Authority (FCA) has issued a warning against HYCM Option, a clone of the major forex brokerage HYCM. According to the UK regulator, the clone firm is trying to convince its potential clients that they work for a genuine, authorised firm by giving out false details. Read more

US citizen sentenced for 22 years over $396 mln scam

Oct 14 2019 16:27:01 Jonathan Smith in Market

Kevin Merrill from Maryland was sentenced by a U.S. federal court to 22 years in prison for robing over 200 investors in a 396 million USD Ponzi scheme. Read more

CONSOB blacklists ProFXPremium, GoldenCFD, and FXworld24

Oct 10 2019 15:39:10 Jonathan Smith in Market

Unregulated forex brokers ProFXPremium, GoldenCFD, and FXworld24 are the latest additions to the long warning list of Italian financial regulator Commissione Nazionale per le Societa e la Borsa (CONSOB). Read more

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