PrimeXBT obtains FSCA License to operate in South Africa
A popular trading platform, PrimeXBT has recently received a license from the Financial Sector Conduct Authority (FSCA) to officially start trading in South Africa.
Partnership Alert: TLC 2.0 Becomes UP Nawabs'Associate Sponsor
The Abu Dhabi T10 League recently purchased a new franchise UP Nawabs, which is supported by startup investor Lavish Choudhary, Who is also the founder of TLC 2.0 and Botbro. The eighth edition of the Abu Dhabi T10 League will begin on November 21 and end on December 2, 2024.
RM570,000 Lost in a Gold Trading Scam in Malaysia
In a distressing case of financial deception, a retired female teacher in Malaysia lost RM570,000 of her personal savings and pension to a gold trading investment scheme.
Many Social Media 'Investment Gurus' Are Scammers Preying on Malaysian Traders
Social media platforms have become breeding grounds for scammers posing as investment gurus, exploiting the growing interest in forex and cryptocurrency trading among Malaysians. Fraudulent "financial experts" often create the illusion of legitimacy by offering enticing stock analyses and promises of high returns.
Arumpro Capital Ltd Faces Regulatory Setbacks as CySEC Withdraws CIF Licence
The Cyprus Securities and Exchange Commission (CySEC) has officially withdrawn the Cyprus Investment Firm (CIF) licence of Arumpro Capital Ltd. The decision was finalised during a CySEC meeting on 11 November 2024, marking another chapter in the firm's ongoing regulatory challenges.
Trump Media in Talks to Acquire Crypto Firm Bakkt
Trump Media eyes a $150M all-stock deal to acquire Bakkt, aiming to expand its crypto presence. Bakkt's stocks surge 160% amid acquisition buzz.
PayPal Expands PYUSD Use for Seamless Cross-Border Transfers
PayPal expands PYUSD to Xoom, enabling fast, cost-effective cross-border transfers via Cebuana Lhuillier in the Philippines and Yellow Card in Africa, driving global financial inclusion.
Former Director Sentenced for Share Disclosure Breach
Former Copper Strike director convicted for undisclosed shares. Sentenced to 6 months in jail, fined $2,000, and banned from managing companies for 5 years.
Webull Expands Trading Services to Japan via TradingView
Webull launches in Japan, offering low-cost trading for U.S. and Japanese securities via TradingView. Start trading with investments as low as $5.
Never Invest With Novice Brokers! Know Why?
Why it's advisable to avoid investing with inexperienced brokers. Why do people favor experienced brokers over newbies when making investments? Do you know the legitimate reasons why it is always an experienced broker over newcomers? In this article, let's find out the why.
Robinhood to Acquire TradePMR in $300M Deal to Expand RIA Services
Robinhood to acquire TradePMR in a $300M deal, combining cutting-edge tech with RIA services to redefine wealth management for a new generation of investors.
GCash, Government to Launch GBonds for Easy Investments
Discover GBonds, launching on GCash this December, to simplify investments for Filipinos. A step toward financial inclusion and accessible government bonds.
Countdown to WikiEXPO Dubai 2024 — “Seeing Diversity, Trading Safely”
With the booming development of the global Fintech industry, WikiEXPO Dubai 2024, hosted by WikiGlobal and co-organized by WikiFX, will officially kick off on November 27, themed “Seeing Diversity, Trading Safely.” This event will bring together global elites to explore the future of Fintech.
CySEC Revokes UFX Broker Licence as Reliantco Halts Global Operations
The Cyprus Securities and Exchange Commission (CySEC) has officially withdrawn the Cyprus Investment Firm (CIF) licence of Reliantco Investment Limited, the operator of UFX.com. This decision followed a six-month period during which the company failed to provide any investment services or perform investment activities.
Elon Musk Sparks Debate Over Presidential Power and Federal Reserve Independence
Elon Musk has voiced his support for the controversial idea that United States presidents should have a role in shaping Federal Reserve policies. This endorsement aligns with recent remarks from President-elect Donald Trump, who has hinted at revisiting the central bank's independence, a long-held tradition in the nation's financial governance.
Consob Sounds Alarm: WhatsApp & Telegram Users Vulnerable to Investment Scams
Italy's financial regulator, Consob, has raised alarms over an increase in fraudulent schemes targeting investors through mobile messaging platforms such as WhatsApp and Telegram.
Crypto 101: Coins vs Tokens
For those new to the world of cryptocurrency, terms like "coin" and "token" may seem interchangeable. However, understanding the distinction between these two digital assets is crucial for navigating the crypto landscape. Both coins and tokens serve as integral components of blockchain ecosystems, yet they differ in their functionalities, use cases, and the technologies underpinning them.
DFSA Warns of Fake Loan Approval Scam Using Its Logo
The DFSA warns the public of a fraudulent loan approval letter featuring its logo, aimed at scamming individuals into paying a fake loan fee.
FCA's Latest Warning
Don't ignore this warning! UK's watchdog, the Financial Conduct Authority (FCA), issued a warning against an unlicensed broker named Equitytrio. Look at the details; avoid dealing with this firm and beware of scams.
WikiEXPO Global Expert Interview: The Future of Financial Regulation and Compliance
In the current era of booming financial technology, constantly evolving regulatory environment, and global construction of secure trading defenses, "Seeing Diversity, Trading Safely" - the theme of the WikiEXPO Dubai exhibition on November 27th accurately captures the core concerns of the industry.
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