May 21, 2018 BY Valentina Kirilova

FCA warns against Cooper & Stone Associates firm

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 Cooper & Stone Associates. Cooper & Stone Associates is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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May 21, 2018 BY Valentina Kirilova

Canadian regulator OSC warns against several cryptocurrency firms

The Ontario Securities Commission (OSC) has warned investors about BTCReal, BitSerial, Hypercube Ventures LP, CabinCoin OÜ, and BaapPay Inc. These firms appear to be involved in schemes that target Ontario investors and encourage them to trade or invest in cryptocurrencies. BTCReal, BitSerial, Hypercube Ventures LP, CabinCoin OÜ, and BaapPay Inc. are not registered in Ontario…

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May 21, 2018 BY LeapRate Staff

Playtech looks to close €846 million Snaitech acquisition in June

Online gaming and financial trading company Playtech PLC (LON:PTEC) has provided an update of its planned €846 million acquisition of Italian gaming company Snaitech S.p.A. Playtech stated that it has received formal consent for the transaction from Agenzia delle Dogane e dei Monopoli, the Italian gaming regulatory authority - the main regulatory approval required for the acquisition to…

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May 21, 2018 BY Valentina Kirilova

Horizon Software expands its footprint in Indonesia

Horizon Software, the provider of electronic trading solutions and algorithmic technology, announced today its intention to expand into the growing Indonesian market during 2018. With the largest economy in Southeast Asia, Indonesia is hugely significant for the development of the region’s financial sector. Horizon has been working closely with a number of institutions in Indonesia’s…

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May 21, 2018 BY LeapRate Staff

Investment and Binary Options scams rise in record $340 million 2017 in Australia

The Australian Competition and Consumer Commission (ACCC) has reported that Australians lost more money to scammers in 2017 than in any other year since the ACCC began reporting on scam activity. According to the ACCC’s ninth annual Targeting scams report released today, more than 200,000 scam reports were submitted to the ACCC, Australian Cybercrime Online Reporting Network…

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