September 20, 2022 BY Steffy Bogdanova

HYCM on investing in high inflation

Coghlan regularly comments on market-moving news on financial media outlets such as Reuters, Nasdaq, FT Adviser, City AM, Daily Mail, CNBC Arabia, Asharq. Giles Coghlan stated: This is possibly one of the best times to trade FX since 2009 due to central banks increasing interest rates for the first time in years. The different speeds…

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September 19, 2022 BY Steffy Bogdanova

German regulator BaFin flags GTS Financial LLC as not authorised

In the official statement, BaFin Stated: The company claims on its website that it is regulated by the U.S. Securities and Exchange Commission, but this cannot be verified. The regulator added: Companies that conduct banking business or provide financial services in Germany require authorisation under the KWG. However, some companies operate without the necessary authorisation.…

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Bankman-Fried jailed ahead of his October trial
September 19, 2022 BY Steffy Bogdanova

FCA issues warning against FTX for operating without authorisation

The regulator added: This firm is not authorised by us and is targeting people in the UK. The FCA’s warning fallows the crypto exchange gaining license from the Cyprus Financial Market Regulator CySEC allowing the company founded by Sam Bankman-Fried, to offer products and services to European clients. Last year, the UK regulator banned FTX's…

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