UAE Exempts Crypto Transactions from VAT
The United Arab Emirates (UAE) has introduced a significant regulatory change by exempting all cryptocurrency transactions from value-added tax (VAT), positioning digital assets on par with traditional financial services. This new tax exemption, which takes effect on 15th November 2024.
FTX Bankruptcy Plan Approved: Creditors Set to Receive Payouts
A U.S. bankruptcy court has given the green light to FTX’s reorganization plan, signalling the end of the two-year legal process following the cryptocurrency exchange's collapse in late 2022 amid widespread fraud allegations. This decision sets the stage for the distribution of funds to the company’s creditors.
How Market Makers Set Bid-Ask Spreads?
Discover how market makers set bid-ask spreads, the factors affecting spread fluctuations, and how liquidity and volatility play key roles in shaping trading dynamics.
Join! Octa's October MT4 Demo Contest
If you want to demonstrate your skills and techniques and compete on a global scale. You may participate in the Octa-Champion MT4 Demo Contest, which will begin on October 21, 2024. Registration for the contest gets announced before it begins.
ACY Securities Eliminates Fees for Cryptocurrency Deposits
ACY Securities eliminates cryptocurrency deposit fees, offering zero-fee deposits for traders. The update improves cost-effective trading with crypto deposits.
Win US$ 8,000! with Tickmill IB GRAND PRIX
Are you looking for a trading competition with a reliable broker? If yes, you can join the Tickmill IB Grand Prix with a chance to win a share of $125,000 in cash prizes divided among five circuits. The contest began on October 1, 2024, and will run until July 1, 2025. The contest is available to all Tickmill IBs, both current and new.
How to Buy Bitcoin on eToro in 2024
Learn how to buy Bitcoin on eToro in 2024, including easy steps for new investors, fees, and tips for seamless Bitcoin investing using eToro.
FTX: Customers of failed crypto firm set for refunds
The agreement will put an end to a saga that started when the firm went bankrupt in November 2022.
eToro Launched Price Alert Feature on its Platform
A reputable broker, eToro, updates or adds its features more often for its users. Recently, the broker added a new feature on its platform called price alert. This feature will allow traders to set up many prices.
Malaysian Man Loses RM124,000 in Social Media Investment Scam
A 47-year-old Malaysian man fell victim to an investment scam, losing RM124,000 after being misled by a fraudulent scheme promoted on social media. The scheme, advertised on Facebook, promised high returns through an application called L-Trader, which the man was led to believe could generate millions in profits.
Bybit Launches USDT Indices Trading on MetaTrader 5
Bybit launches USDT indices trading on MetaTrader 5, enabling global market access and enhancing trading opportunities for cryptocurrency traders worldwide.
Fake Facebook Investment Scheme Costs Malaysian Man RM400K
A 60-year-old man from Johor became the latest victim of a fraudulent investment scheme, losing RM406,654 after being lured into what was advertised as a high-return opportunity on Facebook. The scheme, which promised a 10% interest return on invested capital within three months, proved to be a sophisticated scam that left the victim financially devastated.
Retiree Loses Over RM160K in Online Investment Scam After Withdrawing EPF Savings
A retiree from Pahang (Malaysia), lost RM163,300 to an online investment scam after withdrawing his Employees' Provident Fund (EPF) savings and selling his unit trust investments in pursuit of larger returns.
OKX Lists PayPal USD (PYUSD) for Spot Trading
OKX lists PayPal USD (PYUSD) for spot trading, offering secure and stable trading. Deposits, call auctions, and PYUSD/USDT trading start on October 3, 2024.
Checkout the List of 25+ Unauthorised Websites & Firms
There are about 25 unlicensed websites are operating in the forex market. They are looking to steal your money. Their next target might be you. If you pay attention to the warning issued by esteemed regulators. You can protect your money and avoid scams. Recently, Italy CONSOB officially released a list of unauthorized entities.
Is Exness Legal in India?
Is Exness legal in India? Learn about Exness' regulatory standing, the role of SEBI and RBI in India, and the risks Indian traders face when using offshore brokers.
What Are the Easiest Ways to Avoid Forex Trading Scams?
Avoid Forex scams with these easy tips! Learn how to research brokers, spot red flags, and protect your investments for a safe Forex trading experience.
SEC Approves Nasdaq Options Trading for BlackRock's IBIT ETF
The SEC approved Nasdaq's proposal to list options for BlackRock's Bitcoin ETF (IBIT), opening the door to Bitcoin ETF options trading in the U.S. markets.
FXOpen Offers EUR/ZAR and USD/ZAR Pairs for Trading
FXOpen adds EUR/ZAR and USD/ZAR pairs for high-volatility forex trading, giving traders access to South African markets on the MT4, MT5, TickTrader, and TradingView platforms.
2024 Crypto Scams You Must Know: Key Risks to Avoid
Learn about the latest crypto scams of 2024, from pump-and-dump schemes to AI scams. Stay informed and protect your assets by avoiding these key risks.