Miami Firm Owner Pleads Guilty to $6M Ponzi Scheme Fraud
Miami businessman Henry Abdo pleads guilty to a $6M Ponzi scheme fraud through Titanium Capital LLC, devastating 200+ investors. Protect yourself from investment scams.
BOJ to Announce Policy Decision This Week, Market Bets on a Rate Hike
The yen strengthens past 156 as markets anticipate a rate hike from the Bank of Japan this week.
UK Police Recover £28 Million Stolen from Australian Crypto Exchange
The British police seized $34M in Bitcoin fraud assets, uncovering a gang exploiting vulnerabilities for profit and lavish spending.
Oil Prices Continue to Rise Due to Sanctions
Last Friday, oil prices closed slightly lower but increased for the fourth consecutive week, mainly due to the impact of the latest U.S. sanctions on Russian energy trade, which heightened concerns about oil supply disruptions.
Will Gold Prices Continue to Rise Due to Trump’s Tariffs?
Recently, gold prices have been driven by rising U.S. government debt, persistent inflation, and growing economic uncertainty, showing strong performance.
SEC Fines Vanguard $106 Million Over Misleading TRF Tax Disclosures
The Securities and Exchange Commission (SEC) has imposed a hefty $106.41 million fine on Vanguard Group, Inc. following an investigation into misleading statements regarding the tax consequences of its Target Retirement Funds (TRFs).
Swiss Population Strongly Opposes Abolition of Cash, Philoro Study Reveals
A new study has revealed that nearly 90 percent of the Swiss population is against the abolition of cash, highlighting a significant rise in opposition compared to the previous year. The Precious Metals Study 2024, conducted by precious metals trader Philoro, shows a marked increase in the number of Swiss citizens who prefer to keep cash in circulation, with a notable shift in public opinion.
Boerse Stuttgart Digital Secures EU-Wide MiCAR Crypto License
Boerse Stuttgart Digital secures Germany’s first MiCA license, enabling EU-wide operations and expanding its digital asset services.
Why the Federal Reserve Is So Important
The Federal Reserve, since its establishment in 1913, has transformed from a simple monetary stability institution into a core pillar of the U.S. economy. Its policies not only have a profound impact on the domestic economy but also deeply influence global financial markets.
IG Group Enters Direct Investment Market with £160 Million Freetrade Buyout
IG Group, a prominent global financial trading and investment company, has announced its acquisition of Freetrade, a commission-free investment platform, for £160 million. The deal, funded through IG’s existing capital resources, marks a strategic move to expand its footprint in the United Kingdom.
“Predict and Win” Big Rewards! Join the Contest Now
Dear community friends, as the new year approaches, we have prepared an exciting prediction activity for everyone — Forex Price Trend Prediction! From January 16-23, 2025, showcase your market insights and predict the trends of Forex for the upcoming period!
Cinkciarz.pl Under Fire: Frozen Accounts, Missing Funds
Cinkciarz.pl, one of Central Europe’s largest currency exchange platforms, has made headlines after accusing major Polish banks of conspiring to undermine its operations. The company has threatened legal action amounting to 6.76 billion zlotys ($1.6 billion) in damages. However, the platform is now under intense scrutiny following allegations of fraud and the mismanagement of customer funds.
BSP and JICA Renew Partnership to Expand Credit Risk Database for SMEs in the Philippines
On December 11, 2024, a significant milestone was reached in the Philippines' financial sector as the Bangko Sentral ng Pilipinas (BSP) and the Japan International Cooperation Agency (JICA) officially signed the ‘Records of Discussion’ for the second phase of the Credit Risk Database (CRD) project. The ceremony at the BSP headquarters in Manila marked a pivotal moment in widening access to financing for small and medium enterprises (SMEs) across the country.
Why Copy Trading is Perfect for New Investors
Learn why copy trading is ideal for new investors. Follow expert traders, minimize risks, and start earning confidently—no prior expertise is required.
First Unfair Trading Case Reported Under South Korea’s Virtual Asset User Protection Act
The Financial Services Commission (FSC) of South Korea has disclosed the first case of unfair trading following the enactment of the Virtual Asset User Protection Act. This law, which took effect in July 2024, aims to regulate the cryptocurrency market and protect investors from fraud and market manipulation.
WikiFX Review: Is InterStellar Group Trustworthy?
In today’s article, WikiFX made a comprehensive review of a broker named InterStellar Group. We wonder if InterStellar Group is a scam or a reliable broker.
UK and Australian Pension Funds Allocate to Bitcoin: A Step Towards Diversification Amid Risks
With Bitcoin becoming a global financial hotspot, pension funds in countries like the UK and Australia have begun cautiously allocating this emerging asset to diversify portfolios and potentially achieve higher returns. However, cryptocurrency’s volatility and regulatory uncertainties have raised widespread concerns.
Upbit Faces Severe Penalties for AML and KYC Violations
Upbit, South Korea’s leading cryptocurrency exchange, faces severe penalties for over 700,000 AML and KYC violations.
BSP Pushes for a Cashless Philippines by 2025
The BSP accelerates cashless transactions, aims for a coin-lite society, eliminates small fund transfer fees, and drives financial inclusion by 2025.
Market: The Dominant Force in Oil Prices
Recent fluctuations in oil prices have raised concerns, especially with the sharp rise in gasoline prices.