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US payment giants Visa, Mastercard and PayPal suspend Russia operations

Three of the world’s leading payment system providers – credit/debit card companies Visa and Mastercard, and online payments leader PayPal – put out statements Saturday…

Russian c-bank issues statement on Visa and Mastercard cards

Further to the announcements by Visa and Mastercard about the suspension of their operations in Russia, the Central Bank of the Russian Federation has issued…

CFTC secures more entries of default in lawsuit against ROFX

The Commodity Futures Trading Commission (CFTC) has secured two more entries of default in its action against fraudulent Forex scheme ROFX. According to documents filed…

Italy’s Consob orders blocking of access to five unauthorized investment websites

Italy’s Companies and Exchange Commission (CONSOB) has ordered the blackout of five new websites that abusively offer financial services. The websites targeted by the latest…

Manchester City announces partnership with crypto exchange OKX

Manchester City have today announced a global partnership with one of the world’s largest crypto exchanges, OKX, naming it the Club’s Official Cryptocurrency Exchange Partner.…

Former HSBC FX trader to seek dismissal of wire fraud charges

Stuart Scott, a former FX trader and supervisor at HSBC, will seek to dismiss the indictment charging him with wire fraud and wire fraud conspiracy. This…

Exclusive: Sheer Markets CCO Gareth Thomas leaves to join Oasis Pro Markets

FNG Exclusive… FNG has learned that experienced FX industry executive Gareth Thomas has left CySEC licensed CFDs-on-NDFs provider Sheer Markets, and has joined US based…

Equiniti appoints Martin Flanigan as CEO, Americas

Fintech firm Equiniti (EQ) today announced the appointment of Martin Flanigan as Chief Executive Officer for the Americas, effective immediately. In this role, Mr. Flanigan…

Exclusive: GCEX hires former ActivTrades and Oval exec Juan Scarabino as CRO

FNG Exclusive… FNG has learned that FCA regulated institutional crypto and FX broker GCEX has hired Juan Scarabino as the company’s new Chief Risk Officer…

Court orders individuals involved in Alista precious metals scheme to pay over $1.6M

The Commodity Futures Trading Commission (CFTC) today announced the U.S. District Court for the Middle District of Florida entered consent orders on March 1 for…

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