UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Allmedia Limited t/a Gallant Finance. Allmedia Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying on…
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Investment and trading corporation Credit Financier Invest (CFI) Limited, CFI Cyprus, previously known as CFI Markets, has just announced that it has officially launched CFD's on five major cryptocurrencies for trading on its platform. Now CFI Cyprus clients can trade CFD’s on Bitcoin, Ripple, Bitnote, Litecoin and Ethereum together with other products on CFI's platform from the same account. Commenting…
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Digital Asset Custody Company (DACC), the purpose-built custody solution for institutional investors in cryptocurrencies and other digital assets, has announced that it can now provide custody support for Stellar Lumens (XLM), a cryptocurrency based on a blockchain devoted to transforming payment and currency exchange systems. DACC now offers the ability to securely custody over 90…
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For the First Time, the Tel-Aviv Stock Exchange (TASE) has started publishing on its website trading and clearing fees that TASE members charge their clients, in a manner that enables comparison between fees charged by different TASE members. The TASE Ownership Restructuring Law, which was promoted by the Ministry of Finance and the Israel Securities…
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The U.S. Securities and Exchange Commission (SEC) has announced that it has obtained permanent officer-and-director and penny stock bars against the founder of a company who perpetrated a fraudulent initial coin offering (ICO) to fund oil exploration and drilling in California. According to the SEC’s order, David T. Laurance and Tomahawk Exploration LLC attempted to…
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Refereum has just announced the launch of its Community Growth Engine, a web widget that will let blockchain companies directly reward their most active community members for their engagement and interactions with tokens and other prizes. With Refereum’s Community Growth Engine, companies can design a series of quests, like micro-tasks, for users that are fun…
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FCA regulated FX and CFDs broker ActivTrades has announced that it has received ISO 27001 certification, relating to its information security management systems (ISMS). ISO 27001 is an international industry standard governing how organisations establish, implement and monitor systems. A global symbol of reliability and trust, the certification recognises ActivTrades' ability to proactively manage its ISMS…
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FIA and the FIA Principal Traders Group (together, FIA) have announced that they have urged the Commodity Futures Trading Commission (CFTC) to retain the current $8 billion de minimis threshold for swap dealer registration and to modify the calculation methodology to better align it with the goals of a well-regulated derivatives market. Among the modifications,…
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The Dubai Gold and Commodities Exchange (DGCX) and the Dubai Islamic Economy Development Centre (DIEDC) have informed that they signed a Memorandum of Understanding (MoU), agreeing to share knowledge, promote Shari’ah Compliant finance, and help foster Dubai as the global capital of Islamic economy. Abdulla Mohammed Al Awar, CEO of DIEDC, and Les Male, CEO…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Ardent Asset Advisors LP. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their…
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