Day: January 23, 2022

Jan 23
El Salvador buys its cheapest 410 Bitcoin as prices reach $36K

President Nayib Bukele confirmed that the purchase of 410 BTC was made against $15 million, placing the trading price at approximately $36,585 per BTC. 21433 Total views 140 Total shares The Central American country of El Salvador has added 410 Bitcoin (BTC) to its central reserve as BTC prices trade below $37,000, a price last […]

Jan 23
Belgius Capital (www.belgius.com)

The Financial Services and Markets Authority (FSMA) warns the public against the activities of Belgius Capital, a company that offers investment services. Belgius Capital is not an authorized investment firm in Belgium. It is therefore not allowed to provide investment services in or from Belgium. Moreover, according to the information available to the FSMA, the […]

Jan 23
Boiler rooms: The FSMA warns the public against unauthorized activities

The Financial Services and Markets Authority (FSMA) warns the public against several companies engaging in unauthorized activities on the Belgian market. The companies are the following: Belgius Capital (www.belgius.com) Brock Holdings (https://brockholdings.com/) Cortez Capital (http://cortezcap-hk.com/) Greenbridge International (https://www.greenbridgeinternational.com) Hepburn Investment (www.hepburninvestment.com) Kasimayari Group (www.kasimayari.com) Okuras Global Capital (www.okuras-global.capital) The above companies are not authorized to […]

Jan 23
Press release on the suspension of trading in Argenx SE

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of Argenx SE, ISIN NL0010832176, on Euronext Brussels is suspended on the request of the company from 02-02-2021 at 09:00 CET until the publication of a press release. Source: […]

Jan 23
Has a bank approached you with a tempting savings plan offer? Be wary, fraudsters may have usurped its name!

The FSMA has recently received numerous complaints from consumers who have been approached by companies usurping the names of certain banks to present them with savings plans offering extremely high yields. Behind these tantalizing offers, however, are fraudsters whose sole aim is to steal your savings. The principle always remains the same: victims are contacted […]

Jan 23
The Chairman of the FSMA appointed Co-Chair of the Monitoring Group, the body responsible for advancing the public interest in relation to international audit standard setting

The Chairman of the Financial Services and Markets Authority (FSMA), Mr Jean-Paul Servais, has been appointed by IOSCO as Co-Chair of the Monitoring Group. As the Vice-Chair of the Board of the International Organization of Securities Commissions (IOSCO), the Chairman of the FSMA, Jean-Paul Servais, also chairs the Monitoring Board of the IFRS Foundation. He […]

Jan 23
Communication on the suitability statement for retail clients

Regulated companies (hereafter, ‘companies’) that provide investment advice must first give their retail clients a suitability statement, in which they set out what their advice consists of and explain why it is suited to the client. The suitability statement is mandatory, even where the advice does not lead to a transaction. The FSMA has noted […]

Jan 23
Opinion of the Commission on Supplementary Pensions regarding the FSMA’s research into the funding of defined benefit pension plans

The Commission has conducted an analysis of the FSMA’s research into the funding of defined benefit pension plans as well as of its feedback statement. The Commission agrees with the recommendations of the FSMA, and in particular with the recommendation to use sufficiently prudent methods of financing. In addition, it emphasises the importance of transparency […]

Jan 23
NFTs and DeFi overturn a banker‘s generational curse of poverty in 2 years

“When I started, I almost gave up multiple times. I just want to help others have a more streamlined way to get into crypto,” said Brenda Gentry, a former USAA mortgage underwriter. 6935 Total views 94 Total shares Brenda Gentry, a former USAA mortgage underwriter from Texas, believes that the cryptocurrency ecosystem offers a fighting […]

Jan 23
BTC price falls to $34K as Bitcoin RSI reaches most ‘oversold’ since March 2020 crash

It‘s looking more and more like a capitulation, but so far, open interest remains “unflushed,” analysts warn. 43125 Total views 183 Total shares Bitcoin (BTC) refused to stem recent losses during Jan. 22 as predictions of a flight to $33,000 and lower looked increasingly likely to become a reality. BTC/USD 1-hour candle chart (Bitstamp). Source: […]