IG Group to Acquire Australian Crypto Exchange Independent Reserve in $117 Million Deal
Key Insights IG Group will acquire a 70% stake in Independent Reserve, valuing the Australian crypto exchange at A$178 million,…
CME Group to Launch Options on Solana and XRP Futures Amid Rising Institutional Demand
Key Insights CME Group will launch options on Solana and XRP futures on October 13, 2025, pending regulatory approval, marking…
Australia Grants Licensing Relief for Stablecoin Intermediaries
Key Insights ASIC has granted licensing relief for intermediaries distributing stablecoins issued by licensed entities, easing compliance costs until 2028.…
CFD Broker XM Now Regulated In Dubai After Securing SCA Category 5 Licence
Key Insights XM is now regulated in Dubai after securing the SCA Category 5 licence through its local entity, XM…
Monaxa Secures South Africa Licence, Eyes MiFID II Approval in Europe
Key Insights Monaxa has secured a South Africa licence and is preparing to apply for MiFID II authorisation in Europe.…
France Signals It Could Block EU-Licensed Crypto Firms
Key Insights France has warned it could block crypto firms licensed in other EU states from operating locally, citing uneven…
ASIC Fines ANZ Bank $240 Million for Bond Trading Misconduct
Key Insights ANZ faces Australia’s largest-ever regulatory fine of A$240 million for “unconscionable conduct” in government bond trading and widespread…
Webull Launches European Trading in Netherlands, Eyes Broader EU Rollout
Key Insights Webull Corp launched brokerage services in the Netherlands through its Amsterdam-based subsidiary, marking its first expansion into the…
Kraken Enters Proprietary Trading with Breakout Acquisition
Key Insights Kraken becomes the first major cryptocurrency exchange to enter proprietary trading by acquiring evaluation-based firm Breakout for undisclosed…