After rising for several months, the volume of currencies traded by major global institutions fell in April

The trading volume of the world\'s major institutional platforms in April 2023 has been announced, showing an overall downward trend. The report covers the average daily volume (ADV) of institutional currency trading volumes across six major venues, namel

Hong Kong is about to open cryptocurrency trading to retail investors

Hong Kong\'s Securities and Futures Commission (SFC) has announced that it will soon allow licensed platforms to offer services to retail investors.

The Philippine SEC warned Gemini that its derivatives products were unregistered securities

The Philippine Securities and Exchange Commission (PSEC) has posted an announcement on its website warning the public not to invest in cryptocurrency trader Gemini\'s product, Gemini Derivatives. Starting May 1, the product is available in select jurisdic

The boss of Capital World Markets has been found guilty of running a £70m Ponzi scheme

Anthony Constantinou, founder of Capital World Markets (CWM), was found guilty of a £70 million forex trading investment fraud by a London court yesterday (22 May).

Spain\'s CNMV warned that the six traders were not authorised by the regulator

In accordance with Article 17, paragraph 2, of the Law on the Securities Market (reformulated by Royal Decree No. 4/2015 of 23 October), the Comision Nacional del Mercado de Valores (National Commission on the Securities Market of Spain) warns that The fo

Binance Australia will close its Australian dollar withdrawal service on June 1

Binance Australia, the Australian arm of global cryptocurrency giant Binance, posted an update on Twitter today, saying that its users can continue to withdraw Australian dollars via bank transfers until 17:00 AEST on June 1, 2023. The branch has confirme

ASIC has banned fund manager GREGORY TOLPIGIN from naked short selling

Financial regulators have argued that Gregory Tolpigin\'s sales could cause the settlement to fail if he is unable to repurchase shares before settlement, for example if the stock has been suspended from trading. ASIC also claims that naked short selling

Another defendant has been added to COINDEAL\'s $45 million crypto fraud

Neil Chandran was arrested in June 2022. The U.S. Department of Justice indicted Chandran in U.S. District Court in Nebraska on three counts of wire fraud and two counts of illegal proceeds in monetary transactions, stemming from his involvement in CoinDe

Illegal business! Malaysia\'s securities Commission has warned against fire

The Securities Commission Malaysia (SC) has issued a public reprimanding against Huobi Global Limited and its chief executive officer Leon Li for operating a digital asset exchange (DAX) in Malaysia without registration.

Binance stops Australian dollar bank transfers

At the same time, the Australian Securities and Investments Commission (ASIC) has been reviewing Binance\'s derivatives business after it misclassified 500 users as "wholesale investors," a business that is banned from retail traders under local

CySEC Alert: Beware of criminals impersonating CySEC officials!

The Cyprus Securities and Exchange Commission (CySEC) announced yesterday that it has uncovered new cases of fraud posing as CySEC officers and representatives.

Liquidation plan approved! Bankrupt crypto lender Voyager will return 35% of customers\' deposits

Bankrupt cryptocurrency lender Voyager Digital (Voyager) said on Wednesday that it is shutting down its operations and that customers will soon get back about 35 percent of their cryptocurrency deposits after a failed takeover attempt by cryptocurrency ex

Stone Edge Capital Ltd\'s Cyprus investment company licence revoked

The Cyprus Securities and Exchange Commission (CySEC) announced yesterday that it revoked the Cyprus Investment Company (CIF) licence of Stone Edge Capital Ltd, No. 311/16.

Affected by different jurisdictions, the claims of victims of black platform RoFx were rejected by the US court

According to the investors\' lawsuit, which seeks class certification for common law fraud and unjust enrichment claims, between 2018 and 2021, the operator, "RoFx," composed of Ukrainians, operated a fake forex trading service platform through

Crypto or the Age of Regulation? The European Union has approved the world\'s first set of comprehensive regulations for crypto assets

Following the collapse of cryptocurrency exchange FTX, regulating the cryptocurrency industry has become more urgent for regulators. Sweden\'s Finance Minister, Elisabeth Svantesson, said: "Recent events have confirmed the urgency of developing rules