Cyprus Regulator Issues Guidance on Fractional Share Trading
Key Insights Cyprus Securities and Exchange Commission (CySEC) issues guidance on fractional share trading. Circular addresses trust arrangements for fractional…
U.S. CFTC Fines Uniswap Labs $175,000 for Illegal Digital Asset Derivatives Trading
Key Insights CFTC fines Uniswap Labs $175,000 for offering illegal digital asset derivatives trading. The case highlights regulatory challenges in…
Australia’s ASIC Revokes FXOpen AU’s Licence Over Compliance Issues
Key Insights ASIC cancels FXOpen AU’s financial services licence due to inadequate resources and compliance failures. The regulator aims to…
Cyprus Regulator Fines IC Markets (EU) €50,000 for Regulatory Breaches
Key Insights CySEC fines IC Markets (EU) Ltd €50,000 for violating Cyprus’ investment services law. Violations include failure in best…
Qatar Financial Centre Unveils Digital Assets Framework
Key Insights Qatar Financial Centre introduces comprehensive “Digital Assets Framework 2024” Framework covers tokenization, property rights, custody, and smart contracts…
Nigeria Embraces Crypto Regulation, SEC Plans to License Digital Asset Issuers
Key Insights Nigeria’s SEC plans to start licensing issuers of virtual assets, including cryptocurrencies, as the country sees a surge…
ASIC Battles Crypto Fraud: 615 Scam Sites Taken Down
Key Insights Australian regulator ASIC removed 615 cryptocurrency investment scams in the past year. ASIC has taken down over 7,300…
SEC Charges Two California Businessmen in $70 Million Investment Fraud
Key Insights SEC files complaint against Taylor Woods and Howard Wu for two alleged fraud schemes involving U.S. hotel investments,…
ASIC Bans Financial Adviser for 10 Years, Cancels Firm’s License Over Misconduct
Key Insights ASIC bans Joel James Hewish for 10 years from financial services and cancels his company UGC’s AFS license…
CySEC Fines Exelcius Prime Ltd €3,500 for Compliance Breaches
Key Insights CySEC fines Exelcius Prime Ltd €3,500 for violations related to anti-money laundering and terrorist financing regulations. The firm,…