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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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Institutional FX
CME Group Sees 125% Rise in Q3 Net Income
2021-10-27T14:51:13.000+02:00
The net income for the period came in at $927 million.
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US SEC Could Be Set to Start Regulating Stablecoins Soon
2021-10-26T18:44:21.000+02:00
The forthcoming report mentioned by Bloomberg reinforces the US CFTC as another watchdog of those tokens.
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US Senator Lummis Reveals Bitcoin Purchase Worth Up to $100,000
2021-10-09T01:31:51.000+02:00
The Republican Senator had been quite vocal in her advocacy on Bitcoin.
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Kraken Fined $1.25M for Offering Margined Crypto Products in US
2021-09-29T08:41:00.000+02:00
The exchange offered such products between June 2020 to July 2021.
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Exchanges
US Treasury Sanctions for the First Time a Crypto Exchange
2021-09-21T20:50:53.000+02:00
The US Treasury noted that crypto exchanges like Suex are critical in facilitating the profitability of ransomware gangs.
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Revolut to Launch Zero-Fee Stock Trading Services in US
2021-09-21T14:14:56.000+02:00
The fintech has already obtained a broker-dealer license from FINRA.
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Coinbase Applies for a US National Futures Association Membership
2021-09-16T09:25:04.000+02:00
The exchange will need a CFTC license to list crypto derivatives in the country.
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Multi-Million Crypto Fraud Mastermind Pleads Guilty to Wire Fraud
2021-09-08T21:07:47.000+02:00
The 52-years-old fraudster is expected to be sentenced on January 5, 2022.
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Retail FX
SEC Fines Broker-Dealer and Advisory Firms for Cybersecurity Lapses
2021-08-31T10:49:29.000+02:00
Three firms are facing a combined monetary penalty of $750,000.
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Retail FX
Texas Man Pleads Guilty for Running Forex-Related Fraud Scheme
2021-08-23T22:04:46.000+02:00
The 25-year-old individual pleaded guilty to wire fraud and is scheduled to be sentenced later this year.
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FTX.US Plans to Add Cryptocurrency Derivatives Within a Year
2021-08-13T08:31:59.000+02:00
The US exchange currently offers only spot trading services, unlike its global parent.
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Binance US Is Looking to Go Public, Changpeng Zhao Says
2021-07-23T18:55:33.000+02:00
Binance US operates separately from Binance.com.
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Binary Options
US SEC Charges Two Individuals Involved in a Binary Options Fraud Case
2021-07-14T00:45:29.000+02:00
The complaint was filed by the SEC before a federal court in the Nevada state.
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US Giant Capital Group Buys 12.2% MicroStrategy Shares
2021-07-13T10:45:44.000+02:00
MicroStrategy shares are seen as a proxy investment in Bitcoin because of the company’s large BTC holdings.
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Swedish Man Gets 15 Years in Jail for $16 Million Fraud
2021-07-09T08:30:23.000+02:00
He offered a ‘risk-free’ investment with promises of a 450-fold return.
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US Senator Warren Calls Crypto Market as ‘Highly Opaque and Volatile’
2021-07-08T23:45:51.000+02:00
The Democratic Party senator has already sent a letter to the US SEC Chairman addressing the matter.
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News
US SEC to Settle with BitConnect Promoters
2021-07-08T09:33:28.000+02:00
The regulator will impose heavy fines on the promoters of the fraudulent scheme.
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Wyoming Grants Legal Status to a DAO for the First Time in US History
2021-07-05T11:59:29.000+02:00
Legislation to support the legal recognition of DAOs was passed in Wyoming in March of this year.
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Retail FX
Charles Schwab Faces SEC Probe for Robo Advisory Reporting
2021-07-02T14:09:52.000+02:00
The broker is expecting an impact of the investigation on its Q2 financials.
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Brokers
Robinhood IPO Plan Delays as SEC Reviewing Its Crypto Business
2021-06-25T08:41:59.000+02:00
The IPO could be pushed till next fall.
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Institutional FX
Former Deutsche Bank Trader Gets a Year in Prison for Fraud
2021-06-22T09:22:33.000+02:00
James Vorley, along with other traders, had manipulated the prices in the commodities market.
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Brokers
Global Kapital Enters the US Acquiring a FINRA-Licensed Broker-Dealer
2021-06-16T09:31:31.000+02:00
The broker group can now serve United States-based traders as well.
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Adyen Obtains Regulatory Approval to Open US Banking Branch
2021-06-14T08:28:49.000+02:00
The company will open its first branch in the country in San Francisco, California.
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Institutional FX
SEC Chief Wants Fair-Play Rules for US Brokers and Exchanges
2021-06-10T08:36:15.000+02:00
He is mostly concerned about the conflict of interest with the rise of the payment-for-order-flow model.
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Institutional FX
Tullett Prebon Charged with Multiple US Compliance Lapses
2021-06-07T08:39:22.000+02:00
The decision by the local self-regulator is still pending on the violations.
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