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Business
November 21, 2022
FCA Raises Concerns over Trading Apps with Gambling-like Features
First, it was the hype around crypto and then NFTs. Along with those, the popularity of trading mobile apps increased as well. While some consumers are after a long-term investment and show interest in financial markets, others may treat trading apps just like gambling. Trading Applications Offering Game-like Features The financial industry regulator in the […]
Casino
April 25, 2022
FCA Seizes $2.6M from QPay over Transactions to Online Gambling Businesses
The UK Financial Conduct Authority (FCA) has seized a total of £2 million ($2.60 million) from QPay Europe. The money has been tied to a $150 million bank fraud that took place in the United States. What’s QPay Connection to the Bank Fraud? The FCA has not openly stated whether it considered QPay a complicit […]
