Crypto Gator | The Best Cryptocurrency, Blockchain and Forex News Aggregator
The Best Cryptocurrency, Blockchain and Forex News Aggregator
A federal court in the United States has ordered Cornelius Johannes Steynberg, the South African CEO behind a $1.7 billion retail forex and commodity pool fraud, to pay a total of $3.4 billion. The amount comprises $1.7 billion in restitution payment to investors defrauded of about 30,000 Bitcoin (BTC) and another $1.7 billion in civil monetary penalty.Court Awards Record Penalty […]
In the latest case of license withdrawal in Cyprus, forex and CFDs brokerage firm, Trilt, has “expressly renounced” its license, causing the Cyprus Securities and Exchange Commission (CySEC) to withdraw its Cyprus Investment Firm (CIF) authorization. The Cypriot watchdog announced the withdrawal on Friday, noting that it reached the decision earlier on March 20th.Trilt Jumps on License Withdrawal Train Trilt […]
<p>iS Prime, the UK-based subsidiary of iSAM Securities, closed the financial year 2022, which ended on 30 June, with revenue of £35 million and a pretax profit of £16.2 million. </p><p> iS Prime Reports Strong Revenue and Profits </p><p> The latest revenue could not be directly compared with the figures of the last fiscal year as the company previously reported […]
<p>Cboe Australia has confirmed that operations under Cboe BIDS Australia (BIDS) will go live on 27 March 2023 after meeting final regulatory as well as other requirements. </p><p> Two-Phase Launch of Cboe BIDS Australia </p><p> In Australia, BIDS will launch in two phases. Initially, limited access to BIDS will be provided to Cboe Australia market participants. Cboe Australia did not […]
<p>On Sunday, UBS agreed to <a href=”https://www.financemagnates.com/institutional-forex/ubsagreed-to-buy-troubled-rival-credit-suisse/” target=”_blank” rel=”follow”>buy rival Credit Suisse for EUR 3 billion</a>. While the deal, supported by Swiss regulators, was about to stabilize the country’s potential banking crisis, it has pushed global markets into downward spirals as they opened on Monday morning. </p><p>Credit Suisse Acquisitions Put Global Markets in Red </p><p>The <a href=”https://www.financemagnates.com/institutional-forex/credit-suisse-highlights-material-weakness-in-delayed-annual-report/” target=”_blank” rel=”follow”>share price […]
<p>OANDA, a longtime player in the multi-asset retail trading industry, has expanded its contracts for difference (CFDs) offering beyond European equities to now include popular US and UK stocks. The launch was introduced under the Global Markets division, the broker announced on Monday.</p><p>With the launch, OANDA clients in the emerging markets can now trade CFDs on the shares of companies […]
<p>Consob, Italy’s financial market watchdog, continues its crackdown on illicit financial services platforms, with the most recent blacklist of five new entities. These platforms are unregulated in Italy and unlawfully provide their services to retail consumers locally and in other regions.</p><p>Consob Adds Five New Illegal Platforms to Warning List</p><p>The blacklisted platforms are ToroProfit, Plan B ltd, EuropeanFX™ Markets Limited, CatenaFarmCapital […]
<p>The Cyprus Securities and Exchange Commission, <a href=”https://www.financemagnates.com/terms/c/cysec/” class=”terms__main-term” id=”37d97d82-59f8-4ce2-94d2-21c5bdc82663″ target=”_blank”>CySEC</a>, has withdrawn the Investor Compensation Fund (ICF) membership from the three ex-Cyprus Investment Firms (CIFs), including Inveza Capital Ltd, F1Markets Ltd and FF Simple and Smart Trades Investment Services Ltd.</p><p>CySEC Withdraws Investors’ Compensation Fund Membership of Three Companies</p><p><a href=”https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=cef89c90-1f81-40cb-bb14-f54477b53f1e” target=”_blank” rel=”nofollow”>According </a>to the CySEC press release published on Monday, […]
The post Crypto Markets Shall Face An Inevitable Correction, Warns Peter Brandt appeared first on Coinpedia Fintech News The banking crisis has certainly brought the US down to its knees […]
<p data-testid=”paragraph-1″ class=”text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__full_width__ekUdw body__large_body__FV5_X article-body__element__2p5pI text-align-start”>UBS agreed to buy rival Credit Suisse on Sunday, Reuters reported. UBS will pay 3 billion Swiss francs ($3.23 billion) and assume up to $5.4 billion in losses in a deal expected to close by the end of 2023.According to the Reuters report, In a sign of a coordinated global response, […]