Latest Market News
The European Supervisory Authorities (ESAs) for securities (ESMA), banking (EBA), and insurance and pensions (EIOPA) have today issued a warning to consumers regarding the risks of buying Virtual Currencies (VCs). You can read the warning on the website of ESMA. Source: FSMA
The European Central Bank (ECB), together with the European Securities and Markets Authority (ESMA), the European Commission (EC) and the Financial Services and Markets Authority (FSMA), today announced the composition of the working group on euro risk-free rates. Among other things, the working group will be tasked with identifying and recommending alternative risk-free rates and […]
Last year, the Financial Services and Markets Authority (FSMA) received 1,710 messages from consumers about various financial matters. That is an increase of 13 per cent compared to 2016, during which year the FSMA recorded 1510 questions and complaints. Nearly half of the messages were questions or complaints relating to fraud and unlawful offers of […]
Federal Reserve Chair Pro Tempore Jerome Powell and some members of the United States House of Representatives called for congressional action on crypto in response to discussions about Russia potentially evading sanctions. In a Wednesday hearing of the House Financial Services Committee on “Monetary Policy and the State of the Economy,” California Representative Juan Vargas […]
A coalition of eight state attorneys general on Wednesday said it has started an investigation into video-sharing platform TikTok and its potential harm to children. The action builds on an investigation by the same group of AGs into Facebook parent Meta Platforms Inc.’s FB, +2.27% Instagram that focuses on similar concerns. The investigation is being […]
In the last couple of days, the BTC leaped up almost 20%. On Wednesday, the major cryptocurrency is trading at $44,040, while yesterday it cost almost $45,000D. The BTC capitalisation recovered at $824 billion. What has happened? It seems like investors concerned with what is happening in geopolitics rushed into the crypto sector. The negative […]