House Democrats demand CFTC explain failure to act against offshore prediction markets allowing bets on U.S. military operations, raising insider trading and moral concerns about wagering on war outcomes.
The Latest
FXTM Abandons FCA License to Focus on Asian and Middle Eastern Markets
FXTM, the prominent forex and CFD broker owned by Andrey Dashin, has decided to surrender its FCA license in the United Kingdom to focus resources on Asian and Middle Eastern markets. The strategic move highlights growing tension between stringent UK financial regulations and opportunities in emerging markets with more flexible regulatory frameworks.
RBI Holds Repo Rate at 5.25%, Maintains Neutral Stance Amid Middle East Conflict Uncertainty
RBI keeps repo rate unchanged at 5.25%, maintains neutral stance, projects FY27 GDP growth at 6.9% and CPI inflation at 4.6% amid Middle East conflict uncertainty, announces regulatory easing measures.
SEC Sends “Regulation Crypto” Proposal to White House, Signaling Major Regulatory Shift for Digital Assets
The United States Securities and Exchange Commission has taken a decisive step toward comprehensive cryptocurrency regulation by submitting its “Regulation Crypto” proposal to the White House Office of Information and Regulatory Affairs. SEC Chair Paul Atkins announced the milestone during his keynote address at the Vanderbilt University Digital Assets and[Read More…]
Brazilian Central Bank Imposes 8‑Year Secrecy Order on Banco Master Liquidation Documents
Brazilian Central Bank Imposes 8‑Year Secrecy Order on Banco Master Liquidation Documents The Banco Central do Brasil (BCB) has classified documents related to the extrajudicial liquidation of Banco Master as confidential for a period of eight years, a move that blocks public and judicial access to the files and raises[Read More…]
FCA Launches Targeted Support Regime Enabling Banks and Pension Providers to Offer Group Financial Suggestions
FCA Launches Targeted Support Regime Enabling Banks and Pension Providers to Offer Group Financial Suggestions The Financial Conduct Authority (FCA) has officially launched its Targeted Support regime on April 6, 2026, enabling banks, pension providers and other authorised financial firms to provide financial suggestions designed for groups of consumers. The[Read More…]
Banco Central do Brasil Unveils Major Pix Expansion with Hybrid Billing, International Integration, and Real‑Time Tax Payments for 2026‑2027
\n\n Banco Central do Brasil Unveils Major Pix Expansion with Hybrid Billing, International Integration, and Real‑Time Tax Payments for 2026‑2027 The Banco Central do Brasil (BCB) announced a major expansion of its instant payment system Pix, introducing hybrid billing, international integration, and real‑time tax payment capabilities between 2026 and 2027[Read More…]
FCA Launches £7.5bn Car Finance Redress Scheme for 12.1 Million Drivers
Financial Conduct Authority launches industry‑wide compensation scheme for 12.1 million car finance agreements with estimated redress up to £9.1bn.
Brazil’s Central Bank Unveils Major Pix Upgrades: Hybrid QR-Boleto Payments, International Use, and Offline Transactions
The Banco Central do Brasil announced a sweeping upgrade package for its Pix instant payment system, introducing hybrid QR‑boleto payments, international expansion, offline transactions, and credit‑collateral features between 2026 and 2027.
Federal Reserve Board Issues Consent Prohibition Against Former United Bank Employee for Embezzlement
Federal Reserve Board Issues Consent Prohibition Against Former United Bank Employee for Embezzlement The Federal Reserve Board executed a consent prohibition enforcement action against Mollie Morrow, a former employee of United Bank in Fairfax, Virginia, on April 3, 2026, after Morrow engaged in embezzlement of bank funds, marking the[Read More…]
Recent Comments