The FCA warns that poor practices will cause clients to lose money, and CySEC updates its requirements for providing investment services in third countries

What were some of the forex industry news that caught your attention in the past week? For example, the FCA issued a warning to authorized CFD brokers that bad practices would result in customers losing money; CySEC updates the requirements for brokers to

FTX initially approached crypto exchange OKX before Binance agreed to a possible acquisition

FTX CEO Sam Bankman-Fried approached cryptocurrency exchange OKX for a deal on Monday morning, and on Tuesday he announced Binance had signed a non-binding agreement to acquire FTX in the face of an apparent liquidity crunch, an OKX spokesperson said.

BlockFi is seeking a bankruptcy filing. The cryptocurrency lender is no longer able to run its business as usual

In a statement on Monday, the company said it was "working around the clock to achieve the best possible outcome in light of last week\'s events." The company also explained that rumors that "the majority of BlockFi\'s assets are held in cu

Credit Suisse withdrew some of its proposals at the annual general meeting, including the proposed distribution of retained earnings

Credit Suisse Group AG (" Credit Suisse ") announced on Wednesday (March 29) that it has withdrawn certain proposals submitted to its 2023 annual General Meeting following the bank\'s recent merger with ubs (" UBS ").

FTX founder Sam Bankman-Fried is accused of paying more than $40 million in bribes to Chinese officials.

Sam Bankman-Fried, the founder of the defunct cryptocurrency exchange FTX, has been charged with another crime: bribery. In an indictment filed Tuesday, the Justice Department said Bankman-Fried "authorized and directed bribes of at least $40 million

FTX initially approached crypto exchange OKX before Binance agreed to a possible acquisition

FTX CEO Sam Bankman-Fried approached cryptocurrency exchange OKX for a deal on Monday morning, and on Tuesday he announced Binance had signed a non-binding agreement to acquire FTX in the face of an apparent liquidity crunch, an OKX spokesperson said.

After Binance was indicted by the US authorities, a large amount of cryptocurrencies flowed out of the exchange

After the U.S. Commodity Futures Trading Commission (CFTC) sued Binance for alleged violations of rules related to trading and derivatives, a large amount of cryptocurrencies flowed out of the exchange. And some observers noted "massive volatility on

FCA warning: Stay away from Stacks Investments!

The FCA warns that Stacks Investments offers financial services or products in the UK without our authorisation and if you suffer a loss of funds, you will not be able to use the Financial Ombudsman service or be protected by the Financial Services Compen

FCAs latest warning - Wealth Nets Finance Ops are not regulated!

The FCA believes the firm may be offering financial services or products in the UK without its authorisation. Investors should be wary of dealing with this unauthorized company and how to protect themselves. The relevant company information announced is a

Violation of compliance! Crypto exchange Binance and its CEO Changpeng Zhao have been indicted by US authorities

The CFTC said it had filed a civil enforcement complaint in a federal court in Chicago accusing Zhao and the three entities that operate Binance platforms of multiple violations of the Commodity Exchange Act and CFTC regulations. The complaint also accuse

Continue the upward trend! Overall institutional currency trading volume increased in February 2023

Trading volumes for February 2023 on major global institutional platforms have been announced, showing an overall upward trend. The report covers the average daily volume (ADV) of institutional currency trading volumes across six major venues, namely Cboe

The Administration of Foreign Exchange announced the repeal and invalidation of 15 normative documents on foreign exchange management and adjusted the provisions of 14 normative documents on foreign exchange management

In order to implement the spirit of the 20th National Congress of the Communist Party of China, promote the reform of foreign exchange management, and further improve the facilitation of cross-border trade, investment and financing, the State Administrati

The People\'s Bank of China carried out the work of cleaning up regulations and normative documents and abolished 11 regulations and 36 normative documents

After the clean-up, the People\'s Bank of China abolished 11 regulations and 36 normative documents issued separately in the name of the People\'s Bank of China, the main contents of which have been replaced by the new system or are inconsistent with the

China Banking and Insurance Regulatory Commission issued the Notice on Regulating the Classification of Trust Business of Trust Companies

In recent years, the trust business of the trust company has continued to develop, and the business form has been constantly innovative. In order to clarify the boundaries and service connotations of various types of trust business, guide trust companies

The Peoples Bank of China carried out the cleaning up of regulations and normative documents and abolished 11 regulations and 36 normative documents

After the clean-up, the People\\\'s Bank of China abolished 11 regulations and 36 normative documents issued separately in the name of the People\\\'s Bank of China, the main contents of which have been replaced by the new system or are inconsistent with