Tag: license

Apifiny earns broker-dealer license from FINRA for subsidiary firm
April 30, 2021 BY Steffy Bogdanova

Apifiny earns broker-dealer license from FINRA for subsidiary firm

Haohan Xu, CEO of Apifiny, said: As we accelerate our product development, partnerships, hiring, and overall growth toward a public offering, securing this first phase of our broker-dealer license is a major milestone. Apifiny is able to connect to worldwide cryptocurrency exchanges, working to provide a single market opportunity to its professional trade clients. Not…

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Malaysian SC announces relief measures for capital market licensed entities
December 27, 2019 BY Mariela Naydenova

Bank Negara Malaysia issues licenses to up to five digital banks

Malaysia is taking new steps to enhance the growing popularity of virtual banks and the benefits they can offer to customers. The country's central bank, Bank Negara Malaysia (BNM), will issue up to five licenses to digital banks in Malaysia. BNM is currently working on releasing the "Exposure Draft on Licensing Framework for Digital Banks", or…

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CySEC
March 15, 2019 BY Valentina Kirilova

CySEC withdraws DFG Meze Model Ltd’s license

The Cyprus regulator (CySEC) announced that it has decided to withdraw the AIFLNP authorisation of the company DFG Meze Model Ltd. The authorisation AIFLNP is with number LPAIF42/2014 of DFG Meze Model Ltd and the company has also expressly renounced its authorisation. The announcement was made yesterday and the withdrawal is effective as of March…

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Robinhood equity token goes live for funding on Swarm
January 28, 2019 BY Mariela Naydenova

Robinhood receives BitLicense by the state of New York

The US-based financial services company, Robinhood, just received the virtual currency license, called BitLicense by the state of New York. Robinhood is one of the most popular cryptocurrency “exchanges” as it offers commission-free trading – a feature that has attracted many customers and new features to the exchange. Some time ago, Robinhood was rumored to…

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July 14, 2015 BY Mike Fox

Malta updates policies for Forex brokers

The MFSA has just updated its policy on online forex trading service providers, licensed as Category 2 or Category 3 Investment Service Licence holders. Key changes are its threshold in relation to the requirement of a direct qualifying shareholding by a licensed entity and enhanced consumer protection warnings.

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July 03, 2015 BY Mike Fox

ASIC provides update on Interactive Brokers Forex offering

ASIC today provided an update on its regulation of US-based online brokerage firm Interactive Brokers Group, Inc. (NASDAQ:IBKR). Last week, the Australian Securities & Investments Commission (ASIC) halted Interactive Brokers (IB) Forex OTC services within the country. Back in December 2013, ASIC granted an extended a no-action position to IB regarding its FX business on the basis…

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February 18, 2015 BY Andrew Saks-McLeod

CySec suspends license of FxPulp

FxPulp's license has been suspended by CySec, with a 10 day period having been provided for the firm to comply with irregularities highlighted by the regulator. During this period, the firm must return client funds and profits

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