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NAGA Group said its European entity has received authorization under the EU's Markets in Crypto-Assets Regulation, allowing it to offer regulated digital-asset services across the bloc. The approval comes ahead of a July 1 deadline for crypto firms to secure full licenses or stop serving EU clients.
The Financial Conduct Authority has warned that Pocket Trading EXP / Pockettradingexp may be providing or promoting financial services in the UK without FCA authorisation. Consumers dealing with this firm will not benefit from UK regulatory protections.
The Financial Conduct Authority has issued a warning about Valcrest Trading Limited, stating the firm is not authorised and may be offering financial services in the UK without permission. Consumers dealing with this firm will not have access to FCA-linked protections.
Capital.com has entered the South African market after securing an Over-the-Counter Derivatives Provider licence and a Category 1 Financial Services Provider authorisation. The move is part of the broker’s wider global expansion, which includes new regulatory and hiring initiatives in multiple regions. Travis Robson has been appointed as the local CEO to lead the South African operations.
