Bulgaria Adopts the Euro as 21st Member of the Euro Area
The European Central Bank (ECB) recently announced that Bulgaria officially adopted the euro, becoming the 21st Member State of the European Union to use the single European currency. In a post published on January 1, the bank said that the...
FCA Investigates Claims Firm Over Motor Finance Advertising
The UK financial watchdog, the Financial Conduct Authority (FCA), announced on Friday, January 2, that it has opened an enforcement investigation into The Claims Protection Agency Limited (TCPA). According to the regulator, the investigation comes due to concerns regarding the...
$4B Bitcoin Hacker Freed Early Under Trump’s Prison Reform Law
Ilya Lichtenstein, a hacker who targeted crypto exchange Bitfinex and stole nearly 120,000 Bitcoin, recently said that he has been freed from prison early. In a post on X published on January 2, he said, “Thanks to President Trump’s First...
JPMorgan Disputes $74m Legal Fees Sought by Frank Founder
A recent filing by JPMorgan revealed that the bank is asking the court to block $10.2 million in disputed charges in the case against Frank founder, Charlie Javice. The filing, submitted on December 29, shows that JPMorgan wants the court...
Maduro Capture Bet Triggers Call for Prediction Market Crackdown
US Representative Ritchie Torres is preparing legislation meant to restrict insider trading on prediction markets after a controversy surrounding a highly profitable wager linked to the sudden capture of Venezuelan President Nicolas Maduro. According to reports, the bill is expected...
Flow Loses Key Binance Trading Pairs Following $3.9m Hack
Following the Flow Foundation’s announcement of a security incident that affected the Flow blockchain on December 27, Binance has decided to remove two margin trading pairs involving the FLOW coin. The world’s largest exchange announced on January 2 that it...
AI to Wipe Out Over 200,000 European Banking Jobs by 2030
US banking giant Morgan Stanley recently predicted that over 200,000 banking jobs across Europe are likely to be cut by 2030 due to the AI push, as reported by The Financial Times (FT). According to the report, banks in Europe...
Oil Prices Poised to Rise as Venezuela Exports Stall
Oil prices are expected to move up when benchmark futures resume trading due to new concerns that supply may be disrupted following the US’ arrest of Venezuelan President Nicolas Maduro, according to a recent Reuters report. The report, published on...
Disney to Pay $10M After FTC Probe Into Kids’ YouTube Data
The Walt Disney Company recently agreed to a deal to pay $10 million to resolve claims that it broke children’s privacy laws by failing to label certain YouTube videos as made for children, which resulted in targeted advertising, according to...
China Expands Digital Yuan Role With Interest-Bearing Wallets
China’s Central Bank, the People’s Bank of China, announced recently that it plans to roll out a new framework for the digital yuan that will allow commercial banks to pay interest on e-CNY wallet balances, according to a recent Reuters...
CySEC Financial Literacy Lectures Reach Over 2,800 Students
The Cyprus Securities and Exchange Commission (CySEC) announced on December 29 that over 2,800 primary, secondary, and high school students have attended its financial education lectures to date. The lectures come as part of its actions to strengthen financial literacy...
FINRA Fines American Portfolios $4.6M Over Fee Overcharges
The Financial Industry Regulatory Authority (FINRA) announced on Tuesday, December 30, that it has ordered American Portfolios Financial Services, Inc. (APFS) to pay $4.6 million in restitution to customers impacted by the company’s inaccurate representation of how it calculated its...
SEC Announces Exit of Enforcement Deputy Director Jones
The US Securities and Exchange Commission (SEC) announced on December 29 that its Deputy Director of the Division of Enforcement (Southeast), Nekia Hackworth Jones, has officially concluded her tenure with the agency as of December 26, 2025. The securities regulator’s...
Poland Cracks Down on US “Trading Schools” in Pyramid Case
Polish Office of Competition and Consumer Protection (UOKiK) recently issued a fine of more than $5.7 million on two companies - iGenius and International Markets Live. According to local reports, the fines were imposed by the UOKiK head, Tomasz Chrostny,...
Binance Cuts Card Withdrawals in Ukraine as Bifinity Exits
Binance has officially paused withdrawals to Visa and Mastercard for users in Ukraine, according to recent reports. This means that those who relied on Binance to move funds from the exchange to bank cards now face a sudden gap in...



