Trive UK Subsidiary Applies to Cancel FCA License, Signals Market Exit
Key Insights Trive Financial Services UK Limited applies to cancel its FCA license, indicating plans to exit the UK market.…
Spot Ethereum ETFs Set for July 23 Launch, Sources Say
Key Insights Spot Ethereum ETFs are expected to begin trading on Tuesday, July 23, according to multiple sources and industry…
Trump VP Pick J.D. Vance Holds Up to $250,000 in Bitcoin
Key Insights J.D. Vance, Trump’s vice presidential pick, owns between $100,001 and $250,000 in bitcoin, according to his 2022 financial…
Hong Kong to Unveil Stablecoin Regulation Results, Draft Legislative Bill
Key Insights Hong Kong’s financial authorities to release results of stablecoin consultation and draft legislative proposal for industry oversight. Proposed…
Spanish CFD Crackdown: XTB Commits to Market Despite Ad Restrictions
Key Insights XTB will continue operations in Spain despite new CNMV restrictions on CFD marketing, implementing compliant marketing practices immediately.…
South Korea’s Opposition Party Proposes Three-Year Delay on Crypto Tax
Key Insights South Korea’s People Power Party proposes delaying cryptocurrency gains taxation from 2025 to 2028. The bill cites concerns…
Global Crypto Investment Products See Record $1.44 Billion Weekly Inflow
Key Insights Global crypto investment products recorded $1.44 billion in net inflows last week, pushing year-to-date figures to a record…
Australian BitConnect Promoter John Bigatton Convicted for Unlicensed Crypto Advice
Key Insights Australian promoter of BitConnect convicted for providing unlicensed financial advice between 2017-2018. Bigatton faces a three-year good behavior…
OANDA Put Up for Sale by Private Equity Owner CVC Capital
Key Insights CVC Capital Partners is reportedly seeking to sell FX and CFD broker OANDA, hiring Nomura and Santander to…
Breaking: Dubai Prop Firm Funded Engineer Shuts Down, Files for Bankruptcy
Key Insights Dubai-based prop trading firm Funded Engineer shuts down and plans to file for bankruptcy. The company faced earlier…