Markets

19 November 2024

CySEC Strips Arumpro Capital Ltd Of Its Investment License

The Cyprus Securities and Exchange Commission (CySEC) has announced that two Cyprus Investment Firms (CIFs) lost their licenses. Earlier this month, CySEC removed Arumpro Capital Ltd's CIF authorization following the firm’s decision to give up its license. Arumpro Capital Ltd...

19 November 2024

Gemini Begins Operations In France After VASP Approval

Crypto and web3-based firm Gemini has entered the French market after registering as a Virtual Asset Service Provider (VASP) earlier this year. The company said this step fits with its plan to grow in Europe and use France’s growing interest...

16 November 2024

Government Agencies Examine Citigroup’s Money Policies

The United States government is investigating Citigroup because of its activities with a trust linked to a Russian billionaire. The Department of Justice, the Federal Bureau of Investigation, and the Internal Revenue Service are part of the investigation. They are...

16 November 2024

ACY Securities Expands to South Africa with Ingot Brokers Deal

ACY Securities, a global multi-asset CFD broker, announced it has successfully acquired Ingot Brokers South Africa. This move marks an important step for the company as it becomes fully licensed to operate in the country. The Financial Sector Conduct Authority,...

15 November 2024

SocGen Introduces Stablecoin On XRP Ledger

Societe Generale-FORGE (SG-FORGE) has revealed plans to introduce its EURCV stablecoin on the XRP Ledger (XRPL), which was created by Ripple. The company said the move would mark EURCV's third blockchain launch after Ethereum and a planned deployment on Solana....