Conotoxia Alleges Polish KNF “Violates the Law” and Regulations “Destroy” Companies
Polish fintech Conotoxia Sp. z o.o., operating the currency exchange brand Cinkciarz.pl, is contesting a decision by the Polish Financial Supervision Authority (KNF) to revoke its payment services license. It…
Freetrade Suffers Trading Volume Drop in 2023 despite Revenue Boost
Trading volume on Freetrade, a stockbroking platform based in the UK, dropped to £3.4 billion in the 15 months ended 31 December 2023, compared to £3.6 billion in the previous…
FCA Chief Calls for Regulatory Reset: The Goal Is Not “To Step in When Things Go Wrong”
The era of “predictable volatility” in financial markets demands a sweeping overhaul of regulatory approaches, declared Nikhil Rathi, Chief Executive of the UK’s Financial Conduct Authority (FCA), in a speech…
AvaTrade Kicks Off Another Season with UAE Pro League
The UAE Pro League announced today (Monday) that it has renewed its sponsorship agreement with online trading broker AvaTrade for the 2024/25 season. AvaTrade will continue as a main partner…
Weekly Summary: 26 Degrees Surrenders CySEC License, FTX Bankruptcy Plan, and More
26 Degrees Is Surrendering CySEC Licence Our top story of the week: 26 Degrees is giving up its CySEC license. However, the company plans to maintain its Limassol office, which…
AI Is Exciting, but Not for Your Portfolio: Insights from Retail Investors
Retail investors face a complex landscape in 2024, amid economic uncertainty, artificial intelligence (AI) innovations, and the upcoming US election. While AI captures the media spotlight, retail investors seem more…
Overview of Top Regulatory Authorities and Their Global Influence
In today’s interconnected financial world, top financial regulatory authorities like the SEC, FCA, and ESMA play crucial roles in establishing trust, ensuring compliance, and fostering innovation across global financial markets.…
Finance Magnates Attending LSEG Future Digital Wealth as Media Partner
The Future Digital Wealth 2024: Technology and Data at the Helm will be held in Limassol, Cyprus next week on October 16, bringing together some of the industry’s biggest names,…
Tradu Partners with Data Intellect for Platform Launch After TradingView Deal
Tradu, a multi-asset trading platform, has formed a partnership with Data Intellect, a global data and technology company. The partnership aims to support the launch of Tradu’s platform. Data Intellect…
Australia Has 280 New AFS License Holders: How Many of Them Are CFDs Brokers?
The Australian Securities and Investments Commission (ASIC) granted 280 new Australian Financial Services (AFS) licences between July 2023 and June 2024, the regulator revealed today (Friday). This figure is much…
