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It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a fraudulent entity, CFDS Finance (France), operating the website www.cfds-finance.com (Not Active), has been operating as a retail credit firm in the State in the absence of an appropriate authorisation. In this instance, the fraudulent entity claimed to be a partner of […]
It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a fraudulent entity, Assist Finance (France), operating the website www.assist-finance.com, has been operating as a retail credit firm in the State in the absence of an appropriate authorisation. In this instance, the fraudulent entity claimed to be a partner of the Central […]
Bear markets are much more brutal for crypto lenders than cryptocurrency firms that don’t leverage users’ deposits, according to one Bitcoin analyst. 1636 Total views 10 Total shares The ongoing bear market on cryptocurrency markets is too harmful to industry lenders, but the concept of crypto lending can still survive the bloodbath, according to some […]
On 1 June 2022, BaFin imposed an administrative fine amounting to 600,000 euros on CEWE Stiftung & Co. KGaA. The sanction related to a breach of section 41 (2) in conjunction with section 41 (1) of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). CEWE Stiftung & Co. KGaA failed to publish the total number […]
At the request of the Minister for the Self-Employed, SMEs and Agriculture, Institutional Reforms and Democratic Renewal, the Commission has conducted a study of the possibilities of automation with a view to reducing administrative management fees and costs borne by members. Read more in the opinion (available in French and Dutch only) Source: FSMA
Veteran DeFi protocol Bancor came under heavy scrutiny for pausing the impermanent loss protection program at a time when liquidity providers need it the most. 2032 Total views 15 Total shares Bancor, a decentralized finance (DeFi) protocol often credited as the pioneer of the DeFi space, paused its impermanent loss protection (ILP) function on Sunday, citing “hostile” […]