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XTB Profit Drops 24% in 2025 as Marketing Spend Jumps

XTB Profit Drops 24% in 2025 as Marketing Spend Jumps

Key Takeaways XTB’s 2025 net profit fell 24% to PLN 643.8m, despite record operating income of PLN 2.15bn (+15% YoY). Operating expenses jumped 48% to PLN 1.31bn, driven largely by marketing spend rising to PLN 585m. Growth stayed strong, with active clients near 1.19m (+70%) and CFD volumes up to…
Staff Writer By Staff Writer
01st Feb 2026

HTFX Exits Cyprus as CySEC Confirms License Withdrawal

Quick Summary HTFX has voluntarily relinquished its CySEC licence, formally exiting the Cyprus regulatory regime. The broker can no longer offer investment services from Cyprus under a Cyprus Investment Firm (CIF) authorisation. CySEC confirmed the withdrawal was not enforcement-related, though HTFX must still meet remaining legal and wind-down obligations.  …
Staff Writer By Staff Writer
24th Jan 2026
Capital.com Receives CMA Licence to Operate in Kenya

Capital.com Receives CMA Licence to Operate in Kenya

Quick Summary Capital.com has entered the African market after receiving CMA approval in Kenya The broker has appointed Samwel Kiraka as CEO for its Kenyan operations Capital.com joins a growing list of CFD brokers with a regulated local presence in Kenya   Capital.com has been granted a licence by the…
Staff Writer By Staff Writer
15th Jan 2026
Level2 Partners with Webull to Offer No-Code Trading Automation

Level2 Partners with Webull to Offer No-Code Trading Automation

Quick Summary Level2 has partnered with Webull to bring no-code trading automation to retail users The integration allows traders to build, test, and run automated strategies directly within Webull Features include drag-and-drop strategy creation, real-time backtesting, and shared strategies The service is now available to Webull users in the United…
Staff Writer By Staff Writer
13th Jan 2026
INGOT Brokers Opens Cyprus Office, Expanding Footprint into the EU

INGOT Brokers Opens Cyprus Office, Expanding Footprint into the EU

Quick Summary INGOT Brokers has opened a new office in Limassol, Cyprus, marking an expansion into the European Union The move adds to the broker’s existing global presence, including Australia, Dubai, Jordan, and Kenya INGOT does not currently hold a European regulatory licence, with no timeline yet confirmed for EU…
Staff Writer By Staff Writer
12th Jan 2026
XTB Introduces American-Style Stock Options Under CySEC Oversight

XTB Introduces American-Style Stock Options Under CySEC Oversight

Quick Summary XTB has launched American-style stock options under CySEC regulation, expanding beyond CFDs and FX The initial rollout includes cash-settled options on 100 U.S.-listed equities, with plans to add European stocks Cyprus has been selected as a test market, with further international expansion subject to regulatory approval   XTB…
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12th Jan 2026
Binance Pauses Visa and Mastercard Withdrawals in Ukraine

Binance Pauses Visa and Mastercard Withdrawals in Ukraine

Quick Summary Binance has paused Visa and Mastercard fiat withdrawals for users in Ukraine effective December 30 The move is linked to regulatory changes affecting Binance’s payment partner, Bifinity UAB Crypto trading, card deposits, and alternative payment methods remain available, including Apple Pay, Google Pay, and SWIFT P2P trading is…
Staff Writer By Staff Writer
04th Jan 2026
Sirius and Crypto.com Partner to Advance Tokenization in the UAE

Sirius and Crypto.com Partner to Advance Tokenization in the UAE

Sirius International Holding has partnered with Crypto.com to integrate ADI Chain and drive blockchain and digital asset adoption in the UAE. The partnership will explore listing tokenized real-world assets and stablecoins from the Sirius ecosystem on Crypto.com, pending regulatory approvals. Crypto.com Pay may be implemented across Sirius’ portfolio, expanding crypto…
Staff Writer By Staff Writer
10th Dec 2025
China Doubles Down on Crypto Ban, Flags Stablecoins as Systemic Risk

China Doubles Down on Crypto Ban, Flags Stablecoins as Systemic Risk

China reaffirms its full ban on crypto trading and mining, declaring digital assets illegal for use in the market. Stablecoins singled out as a financial security threat, with concerns over money laundering and lack of regulatory compliance. Authorities warn of renewed speculation and pledge to intensify enforcement actions. Signals growing…
Staff Writer By Staff Writer
01st Dec 2025
Ripple Secures FSRA Greenlight for RLUSD in Abu Dhabi’s ADGM

Ripple Secures Regulator Greenlight for RLUSD in Abu Dhabi’s ADGM

Ripple’s RLUSD stablecoin approved for institutional use inside Abu Dhabi Global Market (ADGM). The FSRA recognised RLUSD as an Accepted Fiat-Referenced Token, enabling regulated firms to use it for permitted activities. The move is part of Ripple’s broader push to expand in the UAE, following earlier approvals in Dubai’s DIFC.…
Staff Writer By Staff Writer
27th Nov 2025
Pepperstone Prepares to Launch Regulated Spot Crypto Exchange

Pepperstone Prepares to Launch Regulated Spot Crypto Exchange

Pepperstone plans to launch its own spot crypto exchange in Australia, signaling direct competition with platforms like Binance and Coinbase. The move comes as traditional brokers increasingly enter the crypto space, aligning with industry shifts and regulatory developments. With Australia’s licensing framework evolving, Pepperstone’s existing ASIC regulation may offer a…
Staff Writer By Staff Writer
25th Nov 2025
IG Japan to Cease Crypto ETF CFD Services Following Regulatory Changes

IG Japan to Delist Crypto ETF CFDs Following Regulatory Changes

IG Japan to end crypto ETF CFD services following new regulatory guidance from Japan’s FSA. New orders will stop on December 1, 2025, with all positions liquidated by January 31, 2026. Other IG products remain unaffected and will continue to operate as usual.   IG Securities, the Japanese subsidiary of…
Staff Writer By Staff Writer
17th Nov 2025
sumsub

Sumsub Announces Debut Launch of New “Summy” AI Copilot

Key Takeaways Sumsub launched Summy AI Copilot, a platform-native AI agent built into the Sumsub platform to help compliance and fraud teams turn case data into clear, audit-ready insights. The rollout targets rising pressure from more sophisticated AI-driven fraud and tighter regulation, while keeping actions within controls set by compliance…
Staff Writer By Staff Writer
17th Feb 2026
NAGA’s 2025 Profits Slide as Low-Volatility Markets Squeeze Trading Activity

NAGA’s 2025 Profits Slide as Low-Volatility Markets Squeeze Trading Activity

Key Takeaways NAGA’s EBITDA dropped sharply in 2025 to €3.3m (from €9.0m) as low-volatility markets weighed on trading activity. Revenue stayed broadly flat at €62.4m, though FX-adjusted revenue rose 3.5% to €65.4m. The group boosted marketing spend and grew funded clients, while completing the CAPEX integration and targeting a profitability…
Staff Writer By Staff Writer
12th Feb 2026
Options Technology Announces Agreement to Acquire Crossvale

Options Technology Announces Agreement to Acquire Crossvale

Key Takeaways Options Technology has agreed to acquire Crossvale, expanding its application and platform modernisation capabilities. The deal strengthens Options’ private cloud and AI offering for regulated financial firms, amid growing cloud “repatriation” trends. Crossvale adds expertise in containerisation, modernisation and database migration; terms were not disclosed and the deal…
Staff Writer By Staff Writer
11th Feb 2026
Deutsche Bank Brings HausFX Into BlackRock’s Aladdin in New FX Partnership

Deutsche Bank Brings HausFX Into BlackRock’s Aladdin in New FX Partnership

Key Takeaways Deutsche Bank will integrate its HausFX (FX-as-a-Service) suite into BlackRock’s Aladdin, aiming to streamline FX linked to cross-border securities activity. The integration targets automation, transparency and cost efficiency, helping institutions reduce operational friction as settlement cycles shorten and regulation grows more complex. Common clients will be able to…
Staff Writer By Staff Writer
09th Feb 2026
Saudi Fintech-Proptech Safqah Capital Raises $15.2m Seed Round

Saudi Fintech-Proptech Safqah Capital Raises $15.2m Seed Round

Key Takeaways Riyadh-based Safqah Capital raised $15.2m in seed funding to scale Shariah-compliant debt financing for SME real estate developers. The round was led by Shorooq, anb Seed Fund and Rua Growth Fund, with several regional and global investors participating. Safqah plans to expand its product suite, strengthen AI-driven underwriting/risk…
Staff Writer By Staff Writer
09th Feb 2026
Tradeweb and MarketAxess Kick Off 2026 with Record January Volumes

Tradeweb and MarketAxess Kick Off 2026 with Record January Volumes

Key Takeaways Tradeweb posted $65.5tn in January volume, with ADV up 26.2% to $3.1tn. MarketAxess hit record total credit ADV of $18.6bn, up 28%, with rates up 19%. Credit markets led the growth, including strong gains in US, Europe and emerging markets.   Tradeweb Markets and MarketAxess reported strong starts…
Staff Writer By Staff Writer
09th Feb 2026

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Crown Agents Bank Subsidiary Gains In-Principle Approval From Abu Dhabi’s ADGM

Crown Agents Bank Subsidiary Gains In-Principle Approval From Abu Dhabi’s ADGM

Crown Agents Bank receives FSRA In-Principle Approval to establish CAB Global Markets in Abu Dhabi Global Market (ADGM). Arif Khan appointed as Senior Executive Officer, tasked with leading CAB’s expansion and regional growth strategy. The move supports CAB’s focus on emerging markets, aligning with the UAE’s growing role as a…
Staff Writer By Staff Writer
28th Oct 2025
FCA Sues HTX Crypto-Exchange Over Unlawful Promotions

FCA Sues HTX Crypto-Exchange Over Unlawful Promotions

Quick Take FCA files civil lawsuit against crypto exchange HTX for promoting services in the UK without proper authorization. HTX is accused of breaching the Financial Promotions Regime, with prior consumer alerts issued earlier in the year. Regulatory action highlights the FCA’s zero-tolerance approach to unregistered crypto firms targeting UK…
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23rd Oct 2025
XS.com Secures UAE SCA Category 5 License

XS.com Secures SCA Category 5 License in the UAE

XS.com secures UAE SCA Category 5 license, expanding its regulated footprint in the region. The new license allows financial consultation, introduction, and promotion services in the UAE. A new local entity, XStrade Financial Consultation LLC, has been established under the SCA license. Regional Director Shadi Salloum calls the approval “a…
Staff Writer By Staff Writer
13th Oct 2025
Exness Expands into MENA with New Jordan Office Following JSC License

Exness Expands into MENA with New Jordan Office Following JSC License

Exness opens first MENA office in Amman after securing Jordan Securities Commission (JSC) license. License held since March 2024, but the broker only now made the approval public. Broker hints at further Middle East expansion in the future.   Global retail broker Exness has officially launched operations in Amman, Jordan,…
Staff Writer By Staff Writer
10th Oct 2025
Bybit Becomes First Crypto Exchange Licensed by UAE’s Securities and Commodities Authority

Bybit Becomes First Crypto Exchange Licensed by UAE’s SCA

Bybit gains UAE’s first full Virtual Asset License from the Securities and Commodities Authority (SCA). License covers trading, brokerage, custody, and fiat services for all client types. Bybit to expand Abu Dhabi HQ, adding 500 jobs and launching Web3 education programs.   Bybit has become the first cryptocurrency exchange to…
Staff Writer By Staff Writer
09th Oct 2025
Dubai VARA Fines 19 Crypto Firms for Unlicensed and Misleading Operations

Dubai VARA Fines 19 Crypto Firms for Unlicensed and Misleading Operations

Unlicensed crypto activity triggers major fines in Dubai crackdown VARA hits 19 digital asset firms with penalties in strict compliance move The crypto companies face up to AED 600,000 fines for license and marketing breaches Cease-and-desist orders were also issued to halt ongoing unlicensed activities   Dubai’s Virtual Assets Regulatory…
Staff Writer By Staff Writer
07th Oct 2025

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