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Revolut has quietly rolled out contracts for difference (CFD) trading to 29 countries after an initial pilot in three EU markets. The launch, delivered via its Lithuanian MiFID II-licensed entity and CMC Connect infrastructure, targets active traders within its broader investment offering.
The UK Financial Conduct Authority has cancelled the authorisation of VS1 Business Services (Europe) Ltd as an Authorised Payment Institution. The decision follows the firm’s failure to meet regulatory obligations, including paying overdue fees and submitting annual returns, and its dormancy since 2020.
Spec Capital Group has obtained an ASIC license for Spec Capital Group Pty Ltd, enabling it to offer services to wholesale clients in Australia. The Australia-based CFDs brokerage operator positions the approval as a major milestone as it enters the Australian wholesale CFD market.
Fintech company GTN has obtained a Type 1 licence from Hong Kong’s Securities and Futures Commission, adding a dedicated local team and strengthening its Greater China capabilities. Hong Kong becomes GTN’s sixth regulatory-licensed subsidiary, supporting two-way capital flows between China and global markets.
