The FSMA has noted that various companies in Belgium are selling, via a pyramid structure, trading and training software intended for trading principally in forex, CFDs and cryptocurrencies. The sale of such trading and training software mostly takes place via a pyramid structure. The term generally used for this technique is ‘MLM’ (multi-level marketing), in […]
During the last weeks, the FSMA continued to receive complaints from consumers concerning new fraudulent online trading platforms that are operating in the Belgian market. The approach remains the same. These trading platforms try to arouse consumers’ curiosity by placing scam ads on social media. In these fake ads, a well-known person often explains how […]
The Financial Services and Markets Authority (FSMA) warns the public against the activities of Akita Michinoku Company, a company that offers investment services. Akita Michinoku Company 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 […]
Uncertainty about crypto regulation can engender internal disagreement even within seemingly monolithic governments. 500 Total views 5 Total shares One of the most fascinating implications of the collision between traditional political institutions and the crypto space is how it can reveal the glaring lack of cohesion within power systems that otherwise look monolithic. Digital assets […]
The pace of coming interest rate hikes will depend on the pace of inflation, said Richmond Fed President Tom Barkin on Monday. “I’d like us to be in a better position — somewhere closer to neutral certainly than we are now. And I think the pace of that just depends on inflation,” Barkin said, in […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, EURUSD is trading within the “oversold area”. In this case, the price is expected to break -1/8 and then continue growing to reach the resistance at 1/8. Still, this scenario may no longer be valid if the price breaks -2/8 to the […]