FINRA Fines RBC Capital Markets $75,000 for Rights of Reinstatement Failures
Key Insights RBC Capital Markets agrees to pay a $75,000 fine to FINRA for inadequacies in its rights of reinstatement…
UK Prop Trading Firm Stocknet Institute Announces Closure
Key Insights Stocknet Institute, a UK-based prop trading firm, announces permanent closure due to a strategic pivot, joining recent industry…
Mt Gox Begins Bitcoin Repayments to Creditors, Moves $2.71 Billion in Assets
Key Insights Mt Gox has started repaying creditors in Bitcoin and Bitcoin Cash through designated cryptocurrency exchanges, with repayment timelines…
Belgium’s FSMA Reports 44% Increase in Investment Fraud Cases in H1 2024
Key Insights FSMA reports a 44% year-on-year increase in consumer reports of unlawful financial activities in H1 2024, with 1,332…
Bitcoin Dips Below $58,000 Amid Mt. Gox Repayment Concerns, Economic Uncertainty
Key Insights Bitcoin falls below $58,000, reaching its lowest level since early May Mt. Gox repayments and U.S. economic uncertainty…
Australian Regulator Alerts Public to NGS Crypto Rebranding Amid Probe into Alleged Misconduct
Key Insights ASIC announces NGS Crypto’s rebranding to Hiddup amid ongoing investigation Regulator investigating potential mishandling of investor funds and…
BitMEX Launches Memecoin Index Swap, Offering Exposure to Top 10 Tokens
Key Insights BitMEX launches MEMEMEXTUSDT Basket Index Perpetual Swap Contract New instrument offers exposure to top 10 memecoins with up…
KuCoin to Impose 7.5% VAT on Nigerian Users’ Transaction Fees
Key Insights KuCoin announces implementation of 7.5% VAT on transaction fees for Nigerian users starting July 8. The source of…
Australian Broker ThinkMarkets Joins Prop Trading Trend with ThinkCapital Launch
Key Insights ThinkMarkets launches ThinkCapital, joining the trend of retail brokers offering prop trading services. ThinkCapital provides simulated trading on…