Ripple Secures DFSA Approval to Expand UAE Operations

Ripple has received in-principle clearance from the Dubai Financial Services Authority (DFSA) to expand its services from the Dubai International…

UAE Enforces New Telemarketing Regulations with Fines Up to Dhs 150,000

Effective mid-August 2024, the UAE’s Ministry of Economy and the Telecommunications and Digital Government Regulatory Authority (TDRA) have announced a…

ASIC Revokes AFS License of Aussie Wealth Super

The Australian Securities and Investments Commission (ASIC) has revoked the Australian financial services (AFS) license of Aussie Wealth Super Pty…

CySEC Launches Regulatory Sandbox in Online Event

The Cyprus Securities and Exchange Commission (CySEC) has announced the official launch of its regulatory sandbox on Tuesday during an…

BaFin Investigates Unauthorized Firms JPM Broker and HighTrustCapital

The Federal Financial Supervisory Authority (BaFin) has launched an investigation into the website operators jpmbroker.com and brokerinteraktive.com, issuing a consumer…

FlowBank Enters Bankruptcy Proceedings Following FINMA Decision

The Swiss Financial Market Supervisory Authority (FINMA) announced on Thursday, June 13, the closure of the local online bank FlowBank…

CySEC Revokes CIF Authorization of Forex Broker HYCM

The Cyprus Securities and Exchange Commission (CySEC) has announced the withdrawal of the Cyprus Investment Firm (CIF) authorisation with number…

Trading 212 Secures Crypto License in Cyprus

Online forex and CFD brokerage Trading 212 Group Limited has been granted a crypto asset service provider (CASP) license by…

Binance Faces $2.2M Fine from India’s Financial Intelligence Unit

In a major regulatory move, India’s Financial Intelligence Unit (FIU) has imposed a fine of approximately $2.2 million (188.2 million…

Former Reiwa-Capital Director Sentenced for Misappropriation of Investor Funds

Russell Sandiford, the former director of Reiwa-Capital, has been sentenced to two years and eight months’ imprisonment, to be served…