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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...
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...
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...
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...
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...
Lloyds Pulls Invoice Finance Service in Shift Toward Big Clients
Lloyds Banking Group is shutting down an invoice financing service dedicated to small business customers, as reported on December 28 by the Financial Times (FT). The report says that...
EU Hits X With €120M Fine Over Blue Check Practices
The European Union has recently imposed a €120 million fine on Elon Musk’s social media platform X, formerly known as Twitter, in what is being described as the first...
Sberbank Issues Russia’s First Bitcoin-Backed Corporate Loan
Sberbank, Russia’s largest bank, announced on December 26 that it is conducting a pilot cryptocurrency miner financing transaction with AO Intelion Data using a self-mined digital currency as collateral....
Hyperliquid Token Unstaking Rekindles Sell-Pressure Fears
Hyperliquid has attracted market attention recently after 1.2 million of its HYPE tokens were unstaked on December 28, according to reports. The issue lies in the fact that this...
ALT5 Sigma Under Scrutiny After Hiring Unlicensed Auditor
Nasdaq-listed ALT5 Sigma, a fintech firm offering blockchain-powered technology for digital assets like crypto trading, is now facing renewed scrutiny after a report found that the firm’s newly appointed...


