The European Securities Market Agency (ESMA) announced extending the term on the marketing, distribution or sale of contracts for differences (CFD) restrictions to retail clients. The new CFD restrictions extension will be valid for three months from February 1. The next extension is scheduled for the second half of April and is due to take effect on May 1. Will CFD restrictions ever become permanent?
On Wednesday SEC of the U.S. announced that Cboe Global Markets Inc pulls its Bitcoin ETF proposal,which the U.S, exchange submitted to the regulator last summer. This event followed SEC rejection of the Winklevoss second attempt to list shares of a separate Bitcoin-ETF. Does it mean that the Bitcoin enthusiasts experienced a serious failure?
Cyprus financial regulator CySEC today announced that, in accordance with the decision taken at the meeting on October 22, 2018, it completely revoked the investment firm (CIF) license PFX Financial Professionals Ltd, which manages the FXFINPRO Capital brand.
Last year, the crypto community claimed that the taxpayers liquidating assets to cover inflated tax bills due to the gains made during the 2017 Bitcoin bullish run are one of the main reasons for the start of a bear market. However, in 2018 most of the cryptocurrency investors experienced huge losses since the price of Bitcoin and other cryptocurrencies in most cases fell by 80-90%.
The British government’s plan of leaving EU was denied in Parliament - 73 days before the date when Britain should officially withdraw the European Union. How Brussels reacted to such circumstances and what strategy the UK Prime Minister Teresa May has to choose to avoid one more fiasco?
According to the Russian news agency, the deputies of the State Duma of Russian will review the new bill of the cryptocurrency regulations within the next two months. Whether the new bill and plans on launching national cryptocurrency is the Russian response to the Western Sanctions? Is this country following Iran and Venezuela strategy of the US sanctions circumvention?
According to the global media, the Malaysian cryptocurrency regulation under the title “Capital Markets and Services Order 2019,” comes into force this Tuesday. The statement was made by the Minister of Finance of Malaysia Lim Guan Eng.
Australian Securities and Investments Commission (ASIC) announced on Monday on its website, that it suspended Australian financial services (AFS) license of Halifax Investment Services Pty Ltd until January 10, 2020. What kind of future awaits an Australian investment management company after ASIC decision?
Alpari Forex broker has recently announced in a statement that its, that it intends to terminate trading in all types of accounts, effective January 18, 2019 (23:30 EET).
It sounds like the Russian government is looking into solutions it was never expected to resort to, in pursues of combatting the U.S sanctions imposed on them.
This Wednesday, the European Securities and Markets Authority (ESMA) published its recommendations on initial coin offerings (ICO) and digital assets, stressing that some of them can be qualified as MiFID financial instruments.
On January 10, the British financial regulator (FCA) published a letter that was addressed to the general directors or equivalent persons of all authorized firms. In its appeal, the financial watchdog urged firms to ensure that their investors had all the information necessary to properly assess the regulatory coverage associated with their products.