The UK Financial Conduct Authority (FCA) today cancelled Bancoremit Limited’s registration as a Small Payment Institution. The Authority has concluded that the firm has failed to comply with rules (SUP…
Tag: fxtm
Olumide Osunkoya gets prison sentence for illegally operating crypto ATM network
Olumide Osunkoya was sentenced today to four years in prison for illegal crypto activity worth over £2.5 million and associated offences. Mr Osunkoya pleaded guilty on 30 September 2024 to…
CME Group to launch Solana futures
International derivatives marketplace CME Group today announced plans to launch Solana (SOL) futures on March 17, pending regulatory review. Market participants will have the choice to trade both a micro-sized…
ATFX hires longtime FXCM exec Paresh Patel to head Risk and Trading
FNG has learned that leading online brokerage group ATFX has hired Paresh Patel as the company’s new Global Head of Risk and Trading. Paresh Patel joins ATFX after spending the…