Speaking at the Finance Magnates London Summit (FMLS:25), former MP and UK-US Crypto Alliance founder Dr Lisa Cameron warned that the UK risks forfeiting its ambition to be a crypto hub unless lawmakers move faster on regulation and education. She described how, when she first examined crypto policy in 2021, there had been “no debates or mentions” of cryptocurrency in the House of Commons despite almost four million UK citizens already engaging with digital assets under Financial Conduct Authority estimates.Parliament Behind Public and Even ChildrenCameron, a clinical psychologist by training and the first in that profession elected to Westminster, recounted that her journey into digital assets began when a constituent approached her in 2021 after losing significant funds in a crypto scam and seeking redress.“Well, we had had no debates or mentions in the House of Commons in 2021 through a debate process of cryptocurrency. So, I thought to myself, perhaps my constituent's experience is out of the ordinary.” “And then I went to look at the research, and I was astounded to find out that in 2021, almost 4 million people in the UK were already engaged in cryptocurrency, and either trading or engaged in the sector, according to the FCA figures.”Building a Crypto Literacy Base in WestminsterTo address that gap, Cameron launched the first All-Party Parliamentary Group (APPG) on Cryptocurrency and Digital Assets in the Commons in 2021 and chaired it for four years, focusing initially on basic education for MPs and peers.“I had so many businesses come to meet with us, to meet with the parliamentarians. I remember we had an uphill struggle in our learning and in thinking about the industry itself. We even had cowboys come to the Parliament, and I mean actually dressed as cowboys.”The APPG nonetheless ramped up teach-ins through 2021–22, bringing in industry experts to decode jargon and help MPs simply understand what they were being lobbied about.From Zero Mentions to Political PriorityBy 2023–24, research by advisory firm Greengage showed that parliamentary references to cryptocurrency and digital assets had climbed from zero mentions in 2021 to more than 200, much of it driven by the APPG’s work. Cameron said the growing volume of debates and questions, often directed at City Minister Andrew Griffith, began to force departments to develop positions and technical understanding, gradually moving crypto up the policy agenda.Related: FMLS:25: MetaQuotes Launches New MT5 Matching Engine, Promising Speed and Broker Control“By that point, I think the Minister, the City Minister, who was Andrew Griffiths at the time, was a bit sick of me lodging for debates on crypto and asking him questions because his department had to keep going and finding out information.”“But I think we were all learning and it was a very, very exceptional time to take things forward. Of course, at the time, Prime Minister Rishi Sunak said that he wanted the UK to be a crypto hub.”Jurisdictional Competition and the UK-US SandboxCameron stressed that the UK cannot view its regulatory choices in isolation, pointing to Dubai’s Virtual Assets Regulatory Authority (VARA) and Singapore as examples of jurisdictions that have drawn firms by pairing innovation with clear guardrails. She said the more balanced approach to compliance and consumer protection in the UAE had already prompted a “stream of companies” to relocate there, a trend she believes has continued.“So, in the past year, since stepping down from parliament, I've become chair of the UK-US Crypto Alliance, and we've had members of parliament, House of Lords, out to Washington to speak with the Crypto Task Force, there with Commissioner Pearce and Chair Atkins, to speak about a UK-US sandbox, which is now being worked on, a joint sandbox between both”Call for ‘Light-Touch’ Rules – with GuardrailsLooking ahead, Cameron said the UK is watching US legislative efforts such as the proposed GENIUS Act and the Clarity Act as it considers its own next steps after financial services and promotion rules affecting crypto. She argued that Britain should consider a “light touch” framework that allows innovators to “do their thing within guardrails”, with consumer protection at the core but without stifling entrepreneurship, investment and growth.“The UK should be pivoting towards a light touch regulatory framework, allowing the innovators to do their thing within guardrails, of course. And making sure that we, of course, have consumer protection at the core, but that we try to enable entrepreneurship, investment, growth and innovation in the UK.” “And I'm just back from Singapore, which is another jurisdiction which I think is very much at the forefront of progress in this industry. So, for the next year, what I want to do is make sure that members of the Parliament and the members of the House of Lords have access to information, not just about what we're doing here, but about cross-jurisdictional progress that's being made.”Industry urged to engage MPs directlyOne of Cameron’s strongest messages to the FMLS audience was that industry cannot outsource engagement to lobby groups alone. She asked attendees how many had contacted their own MP about their digital assets work and found only a handful of hands raised. She urged firms to attend all-party groups on crypto, blockchain, digital money and fintech, and to use constituency surgeries to explain where jobs, skills and future growth are emerging.More interviews from FMLS:25: “MENA’s Digital Banking Challenge Isn’t Demand; It’s the Restrictive Infrastructure,” Jas Shah at FMLS:25“And first of all, I went off to Zug, to Crypto Valley, courtesy of the Swiss Embassy, who were very keen that I engaged with their legislators to find out how they were beginning to put their regulatory processes together.” A Generational Mandate from the ‘Children’s Parliament’Perhaps the most striking anecdote came from a session with the UK’s Children’s Parliament, where representatives aged roughly seven to 15 met MPs, peers and industry figures, including a Roblox executive. It also reinforced her view that Parliament has a duty to design regulatory and education systems that create future-facing jobs rather than replicating traditional career paths such as “doctor or lawyer”.“And what I would leave you with is in our learning, not only were we way behind on jargon, way behind on the industry itself, way behind on blockchain technology and Web3 and most of those issues in 2021, but when the Children's Parliament came to speak to us, now we have a Children's Parliament across the UK, children aged from around seven or eight up to 15 representing their constituencies across the United Kingdom who come to tell us what's important to them.”A Race Against a Closing Window Cameron closed by warning that there is a “window of opportunity” for the UK to shape on-chain innovation that is already beginning to narrow as other centers move faster. She plans to continue briefing legislators in Spain, the EU, Italy, Germany, Singapore and the US over the next year to give Westminster a clearer picture of where Britain stands in the global hierarchy – and what changes are needed to catch up.Her appeal to the FMLS audience was blunt: if innovators want to build a future “made in the UK”, they must help educate the politicians who will decide whether those businesses stay in Britain or go elsewhere. This article was written by Jared Kirui at www.financemagnates.com.

Ethereum co-founder Vitalik Buterin has pushed back against growing criticism of prediction markets, arguing that their risks are overstated and often comparable to those already present in traditional financial markets. His comments come amid intensifying scrutiny of the sector, with critics warning about the potential for market manipulation and the creation of perverse incentives, particularly around bets on geopolitical events and sports. Regulators have taken note. Last year, the U.S. Commodity Futures Trading Commission (CFTC) proposed amending its rules for prediction markets, arguing that wagers on events such as war or assassination could be considered morally “offensive”. More recently, an NFL executive warned lawmakers that prediction markets pose a greater threat to contest integrity than traditional sportsbooks. Buterin’s Case for Prediction Markets Buterin addressed these concerns, claiming that equal or even greater risks are present in conventional finance. “Many of the downsides of PMs [prediction markets] are replicated by regular stock markets,” he said, noting that a bad actor seeking to profit from a disaster could simply short the broader market, which offers far higher liquidity and volume. He argues that prediction markets offer a distinct advantage as an environment for expressing views that “favours truth-seeking”, in contrast to social media, where sensationalism is rewarded and accountability is limited. “With prediction markets, if you make a dumb bet, you lose,” Buterin said, adding that this financial accountability can make them a more reliable gauge of genuine uncertainty than news headlines or online discourse. Buterin went further, describing participation in prediction markets as “healthier” than in traditional markets, largely because their structure limits certain forms of speculative excess.“Prices are bounded between 0 and 1, so they are much less dominated by reflexivity effects, ‘greater fool theory’, pump-and-dumps and similar dynamics,” he said. His endorsement adds support to a rapidly expanding sector. Leading crypto platforms are integrating prediction markets as a core feature to attract a new wave of younger, self-directed investors. As prediction markets gain wider adoption, regulators and market participants are likely to focus less on whether they should exist and more on how they should be governed, particularly in terms of market integrity and information quality. This article was written by Tanya Chepkova at www.financemagnates.com.

At the Finance Magnates London Summit 2025, industry leaders convened to discuss the changing role of artificial intelligence in trading during the panel “Secret Agent Deploying AI for Traders at Scale 1” Moderated by Joe Craven, Global Head of Enterprise Solutions at TipRanks, the session highlighted how AI is reshaping workflows, enhancing decision-making, and creating both opportunities and challenges for market participants.Craven opened by framing AI as a tool to make complex data more digestible for retail investors, highlighting TipRanks’ work in integrating linguistic technology and machine learning into financial platforms. Panelists David Dyke, Head of Engineering - Wealth at CMC Markets, Guy Hopkins, Founder & CEO of FairXchange, Ihar Marozau, Chief Architect of Capital.com, and Rebecca Healey, Founder of MindfulMarkets.AI offered varied perspectives on AI adoption.AI as a Tool for Retail InvestorsHopkins described AI as “a solution looking for a problem,” noting that while algorithmic and model-driven trading are well-established, interest has surged around generative AI and large language models. Healey added, “People can’t make sense of all the information coming at them. We’re potentially moving into the world of a headless EMS, where access to information is customizable and personal.”Regulatory and Operational ChallengesPanelists highlighted compliance and operational hurdles. Marozau explained, “AI output must be auditable and explainable,” while Dyke cautioned, “You can use that to think that you’re making progress, but without it being checked correctly by the experts, you can’t explain why you’ve come to a particular conclusion.” Hopkins noted a human tendency to over-trust AI: “There is a kind of abdication of responsibility when people start to rely on these tools.”Addressing risk mitigation, Healey emphasized accurate data and differentiating AI types: “An institutional asset manager building execution models may spend six months deciphering broker data before starting an AI model. AI has highlighted existing problems in the industry and made them bigger.” Hopkins illustrated practical application: LLMs aren’t deployed directly in calculations due to unpredictability but are used to understand user intent and connect to deterministic agents. Dyke described similar implementations at CMC Markets, where AI monitors customer communications while human oversight remains critical.Workforce ImplicationsThe panel explored AI’s impact on workforce development. Dyke suggested AI could reduce friction for newcomers, supporting learning. Hopkins warned that automating junior tasks could limit experiential learning for developing senior professionals. Healey countered, arguing AI allows learning to change: “Rather than just having learned experience on equities, you might need learned experience covering all asset classes, which you couldn’t do manually.” Marozau emphasized that knowledge is increasingly commoditized, shifting focus to conceptual understanding and adaptable user interfaces.December 2025 Compliance Report: Key insights from CySEC’s Investor Guide 2025. Learn which practices to avoid, educate clients, and keep AI, digital tools & affiliates compliant. Download your Free report: https://t.co/gVs7w2T9h7#Compliance #CySEC pic.twitter.com/pgQfxPA23k— Finance Magnates (@financemagnates) December 24, 2025Practical Concerns and End-User BenefitsAudience questions raised concerns about AI maturity, mistakes, and overconfidence. Panelists highlighted VIP coding tools and experimentation frameworks that allow safe testing. Healey noted smaller firms and retail investors can experiment more freely than heavily regulated institutions.Panelists repeatedly emphasized personalization and efficiency as main benefits. Healey said AI enables traders to respond rather than react, improving optionality across assets and regions. Hopkins added that AI helps users assimilate data quickly, enhancing decision-making. Dyke highlighted AI’s educational value, providing judgment-free environments for learning.Same app, different users, different outcomes. Check out Microsoft Purview for user-aware protection. https://t.co/crYxmCxyrJ #PurviewSDK #purview #datagovernance #microsoft #microsoft365 #microsoftsecurity pic.twitter.com/N9soZdCV0u— Microsoft Mechanics (@MSFTMechanics) December 8, 2025Risks and Market ConsiderationsThe discussion touched on potential risks of accelerating workflows, such as increased volatility and momentum. Panelists stressed the necessity of keeping humans in the loop. Healey referenced the move from T+2 to T+1 settlement as an example of AI enabling fundamentally different market engagement rather than simply speeding up processes.AI Advances Trading, Human Control RemainsClosing the panel, consensus was clear: AI in trading is a powerful but complex tool. Its transformative potential lies in personalization, data synthesis, and workflow automation, but human oversight, regulatory compliance, and rigorous data governance remain indispensable. As Hopkins summarized, “Regulators and practitioners are all over AI getting it to production on the trading floor faces significant headwinds.”The panel highlighted that while AI is reshaping the industry, success depends on combining machine intelligence with human judgment, ensuring both innovation and accountability in financial markets. This article was written by Tareq Sikder at www.financemagnates.com.

At a Finance Magnates London Summit 2025 panel tilled "To B2B or Not? Dos and Donts for Brokers Going Institutional", industry leaders cautioned retail brokers: B2B liquidity is a compelling but challenging space, not just a simple add-on. Moderator Sam Low, founder of LiquidityFinder, noted that when his platform launched in 2019, it listed “five to ten” major B2B brokers. Today, he said, there are around 40 on his site alone. “So is there still an opportunity to go from being a retail broker to being a B2B broker — or is it just too crowded?” he asked. ‘Wrong people in the space’The panel agreed that the market has room, but too many brokers enter B2B without real differentiation, treating it as a marketing move rather than a true service. “There’s still plenty of opportunity, but there is a lot of wrong out there,” said Youssef Bouz of GCC Brokers. “A lot of brokers just think, ‘Oh, this guy can give liquidity, so let me try to do it too,’ but they don’t have the right setup or strategy to actually be a B2B broker.GCC Group’s vice president of institutional, Alexandros Patsalides, said the market is “crowded” with “copycat liquidity providers which just provide a meta service”. Success, he argued, requires “a niche, proper capital, and the right people, processes and systems”, especially for retail brokers trying to “go institutional” with only B2C experience.From a technology perspective, Jon Light of Devexperts described many entrants as offering similar, relabeled liquidity solutions under the “prime of prime” banner. Beyond Spreads and Slogans The panel outlined clear ways for retail brokers to distinguish themselves in the B2B space, focusing on unique approaches beyond relying on standard pricing. Low suggested one route: using a broker’s own retail flow as an additional pricing source, to create “a distinct price” based on a different risk pool. That, he argued, requires “sophisticated kit”, not just re-marking bank pricing. For Bouz, key differentiators include transparency and client education over unrealistic promises.As a full STP broker partnered with top-tier LPs, GCC faces clients who have been promised zero spreads and no slippage elsewhere; many realize the difference only after issues arise, highlighting the value of honest service. Patsalides framed GTC Prime’s strategy around its origin story: helping smaller brokers overcome the same hurdles its own retail arm once faced.“When you’re new to the market, nobody’s going to help you. They will try to make as much as they can from you,” he said. GTC Prime was “not set up for gain as such… but to help.” Patsalides pointed to swap-free products as a concrete differentiator: GTC absorbs the cost to offer these and, while it results in losses at times, it also builds client loyalty—a strategic trade-off. Andrew Morgan emphasized risk analytics as MahiMarkets' edge. By analyzing client trading behavior and adjusting risk management accordingly, rather than applying indiscriminately tight pricing, MahiMarkets delivers tailored solutions—underscoring analytics as a principal differentiator. Moustapha Abdel Sater from B2Broker summarized: “Our north star is customer experience, combining price, 24/7 support, consultative guidance, and helping B2B clients grow.” New Frontiers: Prop Firms, Crypto and ‘Toxic’ Flow Despite the crowded market, the panel identified several niches where B2B providers can still carve out space. One is the funded trader / prop firm segment. Light explained that challenge accounts are almost entirely simulated and that only a small minority of traders reach funded status — and even then, many “funded” accounts remain sims. For those prop firms that do send live flow, however, securing top-quality liquidity is difficult because providers know they will only receive “a tiny amount of that flow” and may hesitate to offer their best terms. A second frontier is the expansion of multi-asset offerings and extended trading hours, particularly in crypto. Low observed that traditional brokers are moving into digital assets, while crypto firms are eyeing traditional brokerage, creating a convergence around multi-asset offerings. For those that cannot credibly do everything, he suggested, the alternative is to “choose one particular field and be excellent at that” — for example, a standout gold product or niche crosses. Morgan described 24/7 market-making as another differentiator. Continuous operations—supported by automation, weekend staffing, and advanced risk frameworks—require significant investment but set providers apart. Regulation, Relationships, and the Rising Cost of Talent The panel also identified proactive regulatory support and quality personnel as structural differentiators enabling firms to sustainably separate from competitors. Light and Low noted that selective broker onboarding based on jurisdiction is another differentiator. Firms ready to support clients with compliance, banking, and structure help fill an industry need and can build a defensible position. The panel emphasized that institutional sales teams, trusted relationships, and networks are vital, building enduring client trust beyond features alone. Low added that the value of institutional sales teams is “going up and up”, with firms competing over the same individuals and teams. “You can pay peanuts and get monkeys, or you pay premium prices and get premium business,” he said. ‘Why am I Doing This?’ – the Final Warning to Retail Brokers Asked for closing advice, panelists urged retail brokers to treat a B2B expansion as a strategic commitment, not an experiment. “Make sure you have the capital, the right facility, the right technology, the right team… and only then proceed,” said Bouz. Morgan stressed that ambition must match capability: a small, local B2B setup is “very different” from a multi-regional offering with exchange co-locations and extended hours. Moustapha warned against entering “to be the new cool kid on the street”, noting that infrastructure, compliance and clear separation of books are essential. “If you lose trust, you lose both games — retail and B2B.” Light added that technology alone is not enough: differentiation often requires taking calculated risks in new markets and hiring well-connected institutional sales talent. Patsalides was the most direct: before launching, founders must ask, “Why am I doing this, and am I ready for it?” Moving from retail to institutional, he said, demands full commitment: “If you fail, there are no second chances.” This article was written by Tanya Chepkova at www.financemagnates.com.

“The majority of revenue for a broker and, you know, correct me if I'm wrong on this, if anybody knows better, but the majority of their revenue comes from their B book functionality,” opined Kieran Duff, the Head of UK Growth and Business Development at Darwinex at FMLS:25. Duff, Speaking with Jonathan Fine, Content Strategist at Ultimate Group, used his time not to talk about quick wins or marketing tricks, but about the virtue of patience in both trading and business.Redefining the Broker ModelDarwinex, he explained, walks an unorthodox path. “Think of us as a company that owns a broker, but we’re not a broker in the traditional sense,” he said. The firm forgoes the common B-book approach—where brokers profit from client losses—in favor of pure A-book execution and a model that capitalizes on nurturing profitable traders.He drew a clear line between Darwinex’s model and the broader industry’s habit of squeezing as much profit as possible from clients in a short time before they disappear.Darwinex is a London-headquartered multi-asset broker and asset manager, founded in 2012, that provides an platform where traders can trade forex, CFDs, stocks, ETFs and futures while simultaneously building a verified track record that can attract investor capital under its regulatory umbrella, earning performance fees when investors allocate to their strategies.Instead, he stressed that Darwinex does not take positions against its traders and has deliberately chosen a harder route, prioritizing sustained, long-term trading results over quick commercial gains.“So instead of capturing lifetime value of your client and how can we, you know, as a business, make the most money out of this person for the longest period of time whilst capturing their best interest. Death time value is how can we take as much money off this person before, you know, they die and then move on.”You may also like: “MENA’s Digital Banking Challenge Isn’t Demand; It’s the Restrictive Infrastructure,” Jas Shah at FMLS:25But the humor quickly gave way to Duff’s core message: genuine success in trading, as in brokerage management, rarely rewards short-term thinking. Referencing a quote he half-remembered, he said, “If you focus on the long-term goal and do everything with that in mind, that’s the real shortcut.”The Prop Trading ParadoxAsked about the booming prop trading sector, Duff admitted his views were “highly opinionated.” While he acknowledged that the rise of funded account models had “potential to benefit the industry,” he warned that their near-zero barriers to entry also foster unhealthy trading behavior.“So, I could go to the pub. Let's say you'd never heard of trading before. I could say, did you know you can spend 500 pounds, get a hundred thousand dollars in buying power and you can make 10 grand next week. You will tell me where to sign.”“But the problem with the funding companies and not, I never hear anybody talk about this is they create an artificial environment for you to trade in.”He recounted a personal experience in which a software error nearly cost him his account—a mistake corrected only after he reached a firm board member through personal connections. “That changed my view completely. I realized how fragile these setups can be.”Learning, SlowlyWhile Duff personally profits from prop trading as an experienced trader, he advised newcomers to be cautious. “You trade a prop account completely differently than a personal or investor account,” he said. “If you keep chasing short-term rewards, you’ll stay stuck in that loop. You’re the perfect client—for them.”In one of the interview’s most candid moments, Duff reflected on humility and growth. Now seven years into trading and three years in the industry, he recently began studying for the Investment Management Certificate—and was struck by how vast the knowledge gap remains.More from FMLS:25: “Prop Trading Will Transform FX Like Retail Did 25 Years Ago,” ATFX’s Drew Niv at FMLS:25“And I realised as soon as I opened that book and read the first two sentences, there's a huge gap between my knowledge now being a trader for seven years, working in the industry for three years. You know, there's still a huge gap of what I know and where I need to be.”AI: Tool, Not OracleThe conversation closed on artificial intelligence, a recurring theme at this year’s summit. Duff sees AI as a productivity enhancer, not a replacement for judgment or intuition. “So, I will utilize AI for my productivity so that I can take notes, I can build emails, I can do all of these different things that might take me five minutes to do a task, but I can do it in 30 seconds like that. Okay. Only backend? No writing? No trading analysis? I don't use it for trade.”He cautioned against overhyping automation. “But even if you give somebody, and I will stand by this, you know, with anybody that I speak to, you could give somebody all the tools, all the capital, the setup, the infrastructure, the environment, everything that they need to succeed.”As the interview wrapped, Duff’s philosophy seemed to circle back to his recurring idea—that sustainable growth, whether for traders or firms, is never instantaneous. “Take the long haul,” he smiled. “Use AI for efficiency—but not for thinking.” This article was written by Jared Kirui at www.financemagnates.com.

GivTrade has received a Category 5 licence from the UAE Securities and Commodities Authority. The licence allows the firm to carry out “Arrangement and Advice” activities in the UAE. These include financial consultations, introductions, listing advisory, and promotion activities, in line with SCA regulations.The approval follows a trend among brokers obtaining Category 5 licences in the UAE. Earlier this month, Finalto received the licence, enabling it to serve professional and institutional clients, and appointed Conor Canny as CEO for the MENA region. In July, Exinity and VT Markets also obtained Category 5 licences from Dubai’s SCA.Regulatory RequirementsThe Category 5 licence falls under the SCA Rulebook, which requires firms to meet governance, capital adequacy, and compliance standards. GivTrade said the authorisation marks a step in its regional growth strategy and provides a framework for its UAE-facing operations.Trading OfferingsGivTrade offers access to global markets through contracts for difference covering forex, precious metals, energy, indices, commodities, and stocks. Trading is available via MetaTrader 5 and the company’s proprietary applications, supported by market news, research, and educational content.Hassan Fawaz, Chairman and Founder of GivTrade, said the licence was “a turning point for GivTrade and for our clients in the UAE.” He added the approval “confirms that our governance, risk and compliance standards meet the expectations” of the regulator and allows the firm to operate “within a clear local regulatory framework.”UAE Investors Gain from Crypto ConversionsRecently, eToro launched crypto deposits in the UAE, allowing users to transfer nine digital assets into its Crypto Wallet and convert them to USD for trading, with 1% cashback in UAE-listed stocks on conversions, capped at $1,000 monthly through March 2026. Cryptocurrency accounts for over 90% of eToro’s revenue, while equities and commodities contribute minimally. Meanwhile, Bitcoin is trading near $88,000–$90,000 after retreating from its 2025 high above $120,000. Consolidation follows November declines, with technical indicators showing balanced momentum. Macro trends, ETF flows, and institutional demand support the market, while long-term holders dominate supply, creating cautious optimism for medium-term upward movement. This article was written by Tareq Sikder at www.financemagnates.com.

Spain is moving to close the regulatory gap for crypto firms. From 2026, MiCA and DAC8 will bring digital asset providers under the same licensing and reporting regime as traditional financial institutions, reshaping competition in one of Europe’s largest markets. The country will begin enforcing the DAC8 directive on tax reporting from 1 January 2026, followed by the full implementation of the Markets in Crypto-Assets (MiCA) licensing framework by 1 July 2026. Together, the two regimes will require crypto service providers to obtain full authorisation and automatically report client data, fundamentally altering the competitive landscape in a major European market. The Two-Pronged Regulatory Overhaul The new rules establish a comprehensive compliance framework that closely mirrors traditional financial regulation. From 2026, crypto firms operating in Spain will face a dual requirement. MiCA introduces a full licensing regime, obliging platforms to meet capital, governance and operational standards comparable to those applied to regulated brokers. DAC8 adds a parallel layer of tax transparency, requiring firms to automatically report client balances and transactions. Taken together, the measures align crypto operations far more closely with conventional financial supervision. Levelling the Playing Field for Brokers For the brokerage industry, this dual implementation marks a strategic turning point. Crypto-native firms that have historically operated under lighter regulatory conditions will now face the same compliance costs and operational requirements long borne by traditional brokers. The impact is already becoming visible. According to a study by Dutch crypto trading firm Yieldfund, 42% of crypto-asset service providers (CASPs) report a 45% increase in costs linked to MiCA preparations, while firms that have completed compliance efforts have seen a 45% rise in institutional investment. Spain’s 2026 timeline underscores a broader shift in Europe’s approach to crypto regulation. The focus is no longer on incremental alignment, but on full integration into the financial system. For firms able to absorb higher compliance costs, the new regime offers clarity and long-term legitimacy. For those reliant on regulatory arbitrage, the Spanish market may become increasingly difficult to access. Competition will not disappear, but the basis on which firms compete is being fundamentally redefined. This article was written by Tanya Chepkova at www.financemagnates.com.

Volatility defined markets in 2025. For leading online brokers, it was a stress test that reshaped client behaviour, exposed weak models and, in some cases, drove record growth. That was the message from senior executives at the Finance Magnates London Summit, where speakers from retail, institutional and liquidity-focused firms reflected on a year shaped by geopolitical shocks, surging gold prices and the market impact of US political signals. The session, titled “Leaders Panel: Thank You, Donald”, examined how market-moving statements by Donald Trump accelerated structural shifts in trading, investing and regulation. Volatility as a Trust Test For Interactive Brokers, volatility reinforced a focus on financial strength over price competition. Gerry Perez, chief executive of Interactive Brokers UK, said the firm entered the year expecting disruption from geopolitics and elections. The response was to strengthen capital, tighten continuity planning and position the business around trust. The result, he said, was the strongest year in the group’s 47-year history, with UK growth of 142%. Nick Sauders, chief executive of Webull Securities UK, made a similar point. Anticipating heavier market stress, the firm increased capital at clearers, expanded server capacity and scaled staffing. In retail broking, he said, trust ultimately comes down to reliability - clients must be able to access markets and execute trades when volatility peaks. At eToro, volatility highlighted the value of balance rather than pure trading exposure. Dan Moczulski, eToro’s UK managing director, said one of the firm’s most effective moves was shifting toward local wealth products such as cash ISAs and stocks and shares ISAs. “The mistake was not doing it sooner,” he said. He added that today’s retail clients are more resilient than in previous cycles. Market pullbacks are increasingly treated as buying opportunities rather than exit signals—a sign of a more mature investor base. When Tweets Move Markets Political communication emerged as a major volatility driver. Perez cited tariff-related comments on China as among the most disruptive, triggering sharp equity sell-offs and shifts in retail sentiment. Moczulski pointed to how even false or speculative reports—such as claims of a potential tariff pause—briefly pushed markets higher before rapid reversals. The effect, speakers agreed, is a market increasingly driven by expectations as much as events. Retail investors, however, appear less reactive than in previous cycles and more willing to stay invested through headline-driven swings. Wei of ATFX Connect noted that even experienced traders have adapted, increasingly relying on social media for real-time signals—behaviour that has become standard rather than exceptional. [#highlighted-links#] Regions that Defied Expectations Several regions behaved differently from established models. China stood out for its adaptability. Perez said trade flows shifted toward Europe more quickly than expected, allowing growth to continue despite tariff pressure. Wei cited examples from Mexico, where Chinese businesses expanded manufacturing and supply chains to maintain access to North American markets. Europe also exceeded expectations. Saunders said assumptions that the EU would quickly concede to US pressure proved wrong, with greater political and economic cohesion supporting market performance. Moczulski highlighted the Middle East—particularly the UAE—as the fastest-growing region for many brokers, signalling a broader geographic spread of opportunity. Crypto’s Regulatory Pivot Crypto divided opinion but featured prominently. Moczulski said eToro benefited from a more constructive US regulatory stance, which drove a surge in crypto volumes and enabled the firm to complete a long-delayed public listing. Perez was more cautious, arguing that Europe remains constrained by financial promotion rules and that meaningful growth will depend on regulatory action rather than rhetoric. Interactive Brokers, he said, is preparing by strengthening infrastructure and custody frameworks. Saunders was openly sceptical. Webull does not currently offer crypto in the UK. While demand is rising, he argued that blockchain’s long-term value lies in digitising real-world assets rather than speculative trading. Looking ahead to 2026 Asked to name a defining trend for 2026, panelists pointed to connected themes: a shift from software-led AIand hardware, softer interest rates reshaping brokerage economics, and a more active retail investor base supported by better tools and risk controls. The panel’s conclusion was consistent: volatility is no longer episodic. It is reshaping how brokers build trust, how clients behave and how markets react. By 2026, success is likely to depend less on avoiding shocks than on being built to withstand them. This article was written by Tanya Chepkova at www.financemagnates.com.

Bybit will begin restricting access to its platform for residents of Japan from next year as it moves to align more closely with the country’s financial regulations. The exchange, one of the largest globally by trading volume, attributed this step as a compliance measure rather than a sudden exit, signaling a controlled wind-down of Japanese exposure."As part of our proactive efforts to comply with Japanese regulations, we have decided to discontinue services for residents of Japan and gradually implement account restrictions," it announced. Japan’s Strict Rules Push Exchanges to the EdgeJapan operates one of the most demanding regulatory regimes for digital asset trading, with exchanges required to register with the Financial Services Agency and comply with rules on customer protection, asset segregation and anti-money laundering.Bybit announced that it will gradually exit the Japanese market starting in 2026, opting to withdraw rather than continue regulatory disputes with Japan. Japan’s Financial Services Agency has pursued the exchange over unlicensed operations since 2021 and required Apple and Google…— Wu Blockchain (@WuBlockchain) December 23, 2025Platforms that fail to meet these standards often face pressure to shut down operations or leave the market entirely. Authorities plan to go further by requiring local cryptocurrency platforms to maintain liability reserves that can absorb losses from hacks and other operational failures.That measure would place additional capital and risk-management obligations on exchanges and bring them closer to the framework that already applies to traditional securities firms.In its notice to users, Bybit links the planned restrictions directly to Japanese requirements and presents the shift as part of efforts to comply with local rules. The language indicates that the exchange prefers to limit services in advance instead of facing enforcement action once new obligations take full effect.Bybit says it will communicate with affected customers as the timetable becomes clearer, suggesting a phased process rather than an abrupt shutdown. That approach aims to reduce disruption for users while the platform adjusts its exposure to Japan’s tightening regulatory environment.Japan Retreat Follows UK ReturnIn October, Bybit said it would suspend onboarding new users and that it will affect both Japanese residents and nationals. The timing of the decision stands out because it comes only days after Bybit confirmed it had returned to the U.K. market, about two years after tougher rules on crypto marketing and promotions forced it out.A new chapter begins ??Bybit is now officially operating in the UK.This marks an important step in our long-term commitment to the British market — bringing UK users access to an innovative crypto trading platform designed specifically with the UK market in mind. pic.twitter.com/zWFnXSXBzp— Bybit UK (@UK_Bybit) December 19, 2025The exchange has re-entered Britain under a structure designed to fit within the Financial Conduct Authority’s regime, underscoring its willingness to adapt when it decides a market remains strategically important. This article was written by Jared Kirui at www.financemagnates.com.

As stablecoins mature, financial institutions are exploring ways to integrate them into everyday operations, moving beyond pilot programs toward real-world applications, panelists said at the Finance Magnates London Summit 2025.The session, “Stablecoins for a Destabilized World: Use Cases in Financial Services,” brought together Jas Shah, independent product strategist; Luke Dorney, head of custody at LMAX Group; Andrew Rosoman, international head of business development at Ripple Prime; and Harpal Sandhu, CEO of Integral. Melissa Stringer, fractional CPO and product strategy consultant, moderated the discussion.Top Layer Infrastructure Remains Key Friction Dorney outlined the layered infrastructure of stablecoins, emphasizing that while the coins themselves and the underlying blockchains are relatively well understood, the top layer of connectors — exchanges, wallets, custodians — remains the biggest friction point for regulated firms.“A lot of those firms on the top layer all operate a little bit differently,” Dorney said. “Sometimes that instant settlement doesn’t occur because one custodian may operate differently to another.”Stablecoins Enable Near-Zero Cost TransactionsSandhu framed stablecoins as a fundamental disruption akin to tokenization in telecom or AI breakthroughs, enabling new business models through near-zero-cost and instant money transmission. He highlighted Integral’s on-chain credit facility, which removes counterparty risk by tokenizing US dollars and settling variation margins in real time.“When you introduce zero into the transmission of money… entrepreneurs are going to figure out totally new value propositions to customers,” Sandhu said.Stablecoins Unlock Liquidity and EfficiencyRosoman drew parallels with the FX market, noting that stablecoins can unlock trapped capital and improve liquidity efficiency. Ripple Prime now supports billions of dollars in daily transactions while accepting stablecoins as good collateral for margin financing.“Blockchain inherently unlocks the technology to reduce friction and move it forward,” Rosoman said.Third-Party Dependencies Are Main ObstaclesShah brought a pragmatic perspective on operational challenges, drawing on his experience standardizing CDS contracts post-2008. He argued that the biggest obstacles are not legacy technology but external systems beyond an institution’s direct control.“The big friction points came when we were looking at accounting book of record, investment book of record, the systems at the heart of those organizations. It’ll be what are the products that are actually not directly in your control that you need to change but actually rely on a third party — third-party timelines, third-party dependencies, resourcing costs,” Shah said.Shah also emphasized the importance of top-down mandates for adoption. “If you think about AI deployment in corporate environments, it’s very similar — you need buy-in at the top to really get this to work.”LATEST: ? US lawmakers have introduced a draft bill that would exempt stablecoin transactions under $200 from capital gains taxes and allow crypto miners and stakers to defer taxes on rewards for up to five years. pic.twitter.com/Trxj8in0xw— CoinMarketCap (@CoinMarketCap) December 22, 2025Stablecoins Solve Payroll and FX ChallengesShah highlighted real-world B2B opportunities over consumer-facing remittances. Payroll and cross-border marketplace payments present larger markets with operational challenges.“The settlement times are a bit longer, especially for payroll, contractors like myself can be stung with FX volatility, and stablecoins can help solve those problems,” he said.Adoption Hinges on Regulation and InfrastructurePanelists agreed that the next phase of adoption depends on regulatory clarity and practical infrastructure, including scalable blockchain networks and multi-chain interoperability.“Regulatory clarity allows firms to look at more intricate models supporting the infrastructure around stablecoins and actually make implementation decisions,” Dorney said.?? UPDATE: Ethereum leads the euro stablecoin market, with 50% of all tokenized euros issued on Ethereum, per Barchart. pic.twitter.com/DemGbDBirC— Cointelegraph (@Cointelegraph) December 22, 2025Stablecoins Becoming Core Financial PlumbingAs adoption grows, panelists predicted that stablecoins would become core plumbing in financial services, supporting trading, liquidity management, and cross-border payments. Rosoman highlighted the scale:“Over the course of the year, $50 trillion of value has been transacted through stablecoins — more than Visa and Mastercard combined.”Stablecoins Are Tool, Not NoveltyFor financial institutions, the message was clear: stablecoins are no longer a novelty but a tool to increase efficiency, reduce risk, and enable new business models, provided firms address regulatory, operational, and technological frictions effectively. This article was written by Tareq Sikder at www.financemagnates.com.

A sharp split is emerging in retail FX and CFDs just as a new wave of convergence with institutional markets gathers pace, senior executives warned during the “All-Star Panel: Next Industry Trends” at FMLS:25 in London. Moderated by Melissa Stringer, the Fractional CPO and Product Strategy Consultant, the discussion brought together Simon Maisey, LMAX Group’s Managing Director of Strategic Partnerships, Andrew Ralich, oneZero CEO and Co-Founder, Hugh Whelan, President at ACI UK, Financial Markets Association, Drew Niv, the Chief Strategy Officer at ATFX, and Martin St‑Hilaire, the CEO of Titan FX. The panelists delved in a wide‑ranging debate on market structure, risk and the impact of new entrants.​​Retail–Institutional ReconvergenceNiv argued that the last decade has seen retail and institutional FX pull apart, as retail brokers leaned harder into internalisation and B‑book models while expanding into emerging markets.“In traditional FX CFDs, it's kind of diverging, but in the multi-asset is converging. And I think what's interesting is that we are, and I've said this in other panels before, we are like on the verge of some pretty significant changes in the industry in terms of new entrants coming in.”Maisey stressed that access to data and wholesale liquidity has levelled dramatically across the spectrum from retail brokers to banks and buy‑side firms.You may also like: “Before Algorithms, the Market Moved at the Speed of a Shout,” Industry Reflections from FMLS:25“There's no longer a market that people can't see. If you're prepared to pay, you can get that data, you can get that information. And also like the liquidity is largely the same as well.”Execution, Expectations and RegulationAsked what “good execution” means in 2025, St‑Hilaire described a clash between marketing claims and economic reality in emerging markets.“If the spread is really, really tiny and tight, tight, tight, there's a good chance that you might not get the execution actually that you deserve. If the spread is maybe a bit wider, you will get probably more chance to be actually feel your order will be filled at the price that was advertised to you initially.” According to Whelan, retail expectations are often misaligned with the demands of institutional liquidity, particularly on depth, low latency and multi‑regional infrastructure. Moving up the ladder requires significant investment in technology, operational resilience and regulatory engagement that many retail firms underestimate, he warned. In Asia, he pointed to Korea, India and Taiwan as examples of markets opening to foreign institutions but only in return for “multi‑year investments” in local partnerships, reporting and on‑the‑ground presence, with Singapore’s MAS providing the template for higher standards.​Blind Spots: Risk, Volatility and Big TechWhen the discussion turned to blind spots, Niv argued that the industry remains too focused on a “pocket of gambling‑leveraged traders”, leaving execution quality and risk management as secondary concerns so long as most clients lose money. He predicted that the entry of “big supermarkets” such as large crypto platforms and app‑based brokers with tens of millions of accounts will reset standards, especially if firms like Binance or Robinhood were to acquire established FX brokers.Keep reading: “Prop Trading Will Transform FX Like Retail Did 25 Years Ago,” ATFX’s Drew Niv at FMLS:25“And I think they're going to make the standards very different. And I think there's always going to be a niche in this business, but I think the landscape is going to shift. There's a lot of big...Super apps are kind of a trivializing word.”Ralich pushed back on the idea that today’s retail conditions are inherently unrealistic, likening tight spreads to free drinks in a casino – “it is what it is” given how the market works. He sees the real blind spot in risk: brokers managing ever larger, bank‑sized B‑book positions without enough hedging, particularly beyond simple spot, leaving the industry exposed to book blow‑ups and insolvencies reminiscent of the pre‑CFTC era in the US. Product Shifts, Tokenisation and AI Maisey highlighted how client demand is already reshaping product mixes, with some brokers seeing gold volumes surpass FX in recent months. “And people are going to start trading things they're interested in rather than just products they can change. We're already seeing from our broker partners now, we're seeing like in the last month, gold was more popular than FX.”He also noted a shift in how retail traders are influenced, away from linear broadcast news and toward self‑selected online sources, which in turn shapes what they choose to trade.​Ralich argued that convergence with crypto and digital assets may allow the OTC industry to “hopscotch” over a traditional exchange‑driven model, pointing to perpetual futures as a crypto invention that looks, in his words, like “just a CFD that has been given a prettier name.” He and Maisey both floated the idea that stablecoins and tokenized assets could underpin more transparent brokerage balance sheets, with regulators eventually mandating on‑chain visibility of firms’ positions and collateral to prevent blow‑ups.​2026 Priorities: Infrastructure, Localization and Concentration Risk Looking ahead to what brokers will need in 2026, Maisey listed three non‑negotiables: being “digital‑ready” for tokenized and crypto‑style products; upgrading connectivity and prime‑broker workflows to handle institutional flows; and securing the right regulatory jurisdictions for institutional business.The implementation burden for institutional connectivity, he said, remains very different from retail plug‑and‑play models.​ St‑Hilaire made the case for deep localization as the only viable way mid‑sized brokers can compete with global “super apps.” “And if we break out from these regulations and this legislation and coming from emerging market where the legislation are much lower, we could imagine like that it's quite easy to have an AI that actually do your website. You have your front end for your trading platform.”Niv warned that the industry is now “long gold volatility,” with many brokers deriving more than half their exposure from gold and facing a dangerous concentration risk if volatility dries up. “And the biggest risk in this industry, people have to think like January to August of 2023, there was like a gold volatility drought. And just from my experience, I would say half the industry was probably four to five months away from bankruptcy. And big names.”Whelan echoed that the lesson from institutional markets is diversification – across client segments and asset classes – suggesting retail brokers may likewise need to look beyond FX and metals into broader multi‑asset offerings to smooth earnings.​For all the talk of tokenization, AI and app wars, the panelists returned to a simple conclusion: firms that thrive in the next cycle will be those that combine institutional‑grade risk management and transparency with sharper product design, richer client experiences and a more honest conversation with retail traders about what “good execution” really means. This article was written by Jared Kirui at www.financemagnates.com.

A regulatory shift in English football is opening one of the most valuable sponsorship windows in global sport and fintech brands are positioning themselves to take advantage. That was the central message from a panel at Finance Magnates London Summit 2025, where club executives and brand leaders argued that the upcoming ban on betting companies from front-of-shirt sponsorships in the Premier League will reshape the commercial landscape as early as the 2026–27 season. “Front-of-shirt sponsorship has become some of the most valuable inventory in world sport,” said Matt House, chief executive of Sportquake, who moderated the discussion. Until now, only four or five Premier League clubs typically changed their front-of-shirt sponsors each year. That dynamic is set to shift this summer, as new rules banning betting brands from the position free up a much larger number of sponsorship slots.The result, panelists agreed, is a rare opportunity for non-betting brands - particularly fintech, trading and financial services firms - to step into a space long dominated by gambling operators.Why Fintech Fits the front of the Shirt For clubs, the appeal of fintech sponsors extends well beyond headline fees. Mark Rollings, chief partnerships officer at Everton, said successful partnerships hinge on creating value for three stakeholders simultaneously: the brand, the club, and supporters. “Fintech profiles as innovative, fast-moving and globally relevant,” Rollings said. “That aligns well with where football clubs are heading, particularly in terms of digital engagement and connecting with younger, more digitally native fans.” He also noted fintech firms help clubs boost digital and fan experiences at venues as clubs invest in stadium technology. “There’s still only one of 20 opportunities to be on the front of a Premier League kit,” Rollings noted. “That scarcity matters. But the real value is becoming culturally relevant, week after week, in the world’s biggest sporting drama.” Brand Perspective: Awareness, Access, and Alignment For brands, awareness remains the primary driver, but other factors now shape sponsorship decisions. Hannah Hill, sponsorship and brand director at Axi, said the company's search for partnerships led them directly to the Premier League due to its unmatched reach. “The Premier League is the most-watched sports league in the world, so awareness is almost built in,” she said. “But it also aligned very closely with our demographics and our key markets.” Axi’s partnership with Manchester City has enabled effective campaign localization and access to the wider City Football Group ecosystem, including women’s football. Operating in a regulated industry also shaped the strategy. “We don’t always have access to traditional marketing channels,” Hill said. “Sponsorship gives us visibility in markets we wouldn’t otherwise reach.”Challenger Brands and the Trust Factor Not every fintech brand can justify a front-of-shirt deal, and that is where alternative assets still play a role. Becky Hampton of Trade Nation explained why the company opted for a sleeve sponsorship with Aston Villa. “As a challenger brand, awareness was critical,” she said. “The sleeve delivers global visibility with far less clutter, not just to home fans but to away fans watching worldwide.” Trust was another decisive factor. “Our industry can struggle with credibility,” Hampton said. “Aligning with a Premier League club helps transfer trust - not just from the club itself, but from the broader sponsorship ecosystem around it.” Since launch, the partnership has evolved from pure visibility toward conversion and customer engagement. “Sponsorship doesn’t work if it stops at awareness,” she said. “It has to sit within the customer journey - CRM, sales, education - otherwise it’s just a logo on a shirt.” Women’s Football and Smarter Activation Several speakers highlighted women’s football as an underappreciated opportunity for financial brands. Hill said Axi’s campaigns linked to Manchester City’s women’s team have consistently outperformed comparable men’s campaigns, despite smaller audiences. “The women’s audience is more financially astute and more receptive to investment-related messaging,” she said. Rollings agreed, noting that clubs increasingly encourage partners to adopt a portfolio approach rather than focusing solely on men’s teams. “It’s rare now for brands to come to us with a men’s-only brief,” he said. “The engagement may be smaller, but it’s often deeper.” Hill stressed that brands with tighter budgets should maximise assets through close collaboration with clubs. “It’s not about having more money,” she said. “It’s about using what you have more intelligently.” Measuring ROI — and Looking Ahead Measuring impact remains one of the most challenging aspects of sponsorship. Hill said Axi relies on a combination of brand trackers, fan surveys, web traffic, social metrics, and share-of-voice analysis, often in collaboration with the club itself. “Awareness doesn’t happen overnight,” she said. “It’s a journey.” Clubs, meanwhile, are investing more heavily in partner analytics to help sponsors justify spend internally — a critical factor as marketing budgets come under pressure. Looking ahead, the panel argued that the upcoming World Cup in North America will further amplify the value of credible football partnerships. Brands do not need to be official tournament sponsors to benefit, Rollings said. “If you have a legitimate place in football, interest naturally lifts as the World Cup approaches — and fans return to the Premier League immediately after.” A Rare Reset House summarised the discussion: the betting ban has created a rare moment for football sponsorship, offering innovative brands new opportunities to enter a previously restricted space. “This is a unique chance to become the new face of the Premier League,” he said. “Trading brands are already monetising it, clubs are more flexible and consultative than ever, and success will come down to planning, alignment and execution.” Panelists agreed: for fintech and trading companies that look past just putting their logo on a shirt and use sponsorship as a strategic asset, front-of-shirt opportunities remain among the most powerful and challenging platforms in global marketing. This article was written by Tanya Chepkova at www.financemagnates.com.

Equiti Group has appointed Dhanesh Arole as Head of Data and AI to support its global technology and innovation strategy. The appointment comes as the fintech company focuses on expanding its data analytics and artificial intelligence capabilities.The plan aims to enhance client experiences and deliver smarter trading solutions amid accelerating digital adoption in the MENA region. Arole brings experience from major global technology platforms, including Meta, and from high-growth startups. Experience from Major Global Tech FirmsAccording to Arole, the role involves leading the creation of a new AI team dedicated to developing advanced AI-driven solutions for trading, risk management, and various investment products, while also overseeing data engineering and analytics teams to upgrade data infrastructure, improve data accessibility, and strengthen the quality of insights.“Dhanesh joins us to accelerate the creation of data products and AI applications across our ecosystem, pushing us toward a truly intelligent, insight-driven platform,” commented Sartaj Singh, the Chief Technology Officer of Equiti Group.Arole joins Equiti with a track record that spans both high-growth startups and established tech giants such as Meta. His experience in system design, software architecture, and engineering management positions him to build scalable data solutions aligned with Equiti’s global ambitions.Bringing Global Experience to Regional Growth"Data and AI are redefining the speed, transparency and intelligence of global financial markets" said Arole. "At Equiti, we're committed to turning advanced analytics into real-world trading advantages for our clients. I'm excited to help build a next-generation data ecosystem that powers smarter decisions, deeper insights and truly transformative products."In August, Equiti Group announced three senior leadership promotions as the multi-asset broker continues to expand its global footprint and strengthen its technology capabilities. Among the promotions, Sartaj Singh was appointed Chief Technology Officer after leading the firm’s technology division for over a year. Singh joined Equiti in December 2023 as Global Head of Technology and oversaw a major overhaul of its trading platforms and infrastructure systems. This article was written by Jared Kirui at www.financemagnates.com.

XRP price is falling for a third consecutive session today (Tuesday), 23 December 2025, dropping back below the $1.90 level and hovering near its lowest prices since April, marking eight-month lows. From this year's July peak, when one XRP traded at $3.67, the price has already halved, and on a year-to-date basis, XRP is down roughly 13%, effectively erasing the dynamic mid-year rally that captivated traders. According to my technical analysis, the chart suggests the cryptocurrency can fall even lower, with two clear downside targets now in focus.​ In this article, I examine how low XRP price can go and analyze the XRP/USDT daily chart.Why Is XRP Going Down Again?The broader cryptocurrency market is under pressure as total market capitalization fell 2.4% over the past 24 hours to $3.06 trillion, with Bitcoin declining 2.4% to around $87,780 and most large-cap tokens posting losses. XRP is mirroring this risk-off move but with sharper percentage declines typical of its high-beta profile. The token closed Monday at $1.90, down from $1.93 the prior session and marking a steady deterioration from the $2.20+ zone that held through much of late November."The current correction demonstrates the fragility of this market and its continued susceptibility to panic selling," says Farzam Ehsani, CEO of crypto exchange VALR. He outlines two scenarios: either a very large player such as a fund, bank or state is preparing a significant purchase, making the decline potentially artificial and setting up a sharp rebound, or the market is oversaturated and the weakening dollar plus Fed policy have reduced demand for high-risk assets, implying recovery could take more than a year.From a macro perspective, Joel Kruger, LMAX Group, notes that "traditional markets provide a supportive but measured backdrop. A softer US dollar and a modest pullback in Treasury yields help cap downside volatility, while ongoing debate around the Fed's policy outlook sustains interest in bitcoin as a non-sovereign, scarce asset". XRP Price Analysis: Bearish Regression Channel And Death CrossFrom my technical view, XRP has been making fresh lows session after session, prompting me to refresh the chart with updated levels and a bearish regression channel that has been in place uninterrupted since July. The lower boundary of this channel was last tested in late February, and price is now gravitating back toward that zone. Currently, XRP is using a local support area around $1.80, tested just last week, with prior contacts on 21 November and several sessions in April.According to my technical analysis, the far more important level lies at $1.62, where the lower edge of the regression channel coincides with the lows from eight months ago, representing one of the lowest prices of the year. This is my first bearish target. The ultimate downside objective sits at $1.25, the low from the October 10 flash crash, when XRP briefly tested and bounced within the November 2024 supply–demand accumulation zone. Analysts note that the October crash marked a significant bearish shift, erasing roughly $1.3 trillion in total crypto market value.From the current price near $1.90, XRP could fall approximately 14% to reach the first target at $1.62 and as much as 34% to hit the second target at $1.25. Supporting this bearish outlook is the moving average grid: price trades well below both the 50-day and 200-day MAs, and the pair formed a death cross at the beginning of November, a classic technical signal of deteriorating momentum.If you like my work and analyses, please follow me on X!Key Resistance Levels For XRP Price RecoveryWhile my base case remains tilted to the downside, it's important to map the resistance ladder that would need to be reclaimed for any meaningful recovery. According to my technical analysis, the first substantial resistance zone spans $2.07 to $2.25, combining the upper edge of the regression channel, the 50-day moving average, and a cluster of local highs and lows from 2025. This band has repeatedly capped rallies in recent weeks.Above that, the next resistance level sits around $2.64, the May 2025 high, followed by the psychological $3.00 threshold, which also marks the March 2025 peak. The final resistance band lies at $3.40–$3.55, representing this year's July highs from which the current downtrend originated. Only a sustained breakout above these zones, especially a decisive move through $2.25 and then $2.64, would invalidate the current bearish XRP price prediction and signal a potential trend reversal.XRP Price Prediction 2025, 2026My short- to medium-term XRP price prediction centers on the two downside targets outlined above: $1.62 as the primary objective (aligned with the regression channel floor and April lows),$1.25 as the ultimate bearish scenario (October flash-crash low and November 2024 accumulation zone). The path and timing to these levels will depend on how quickly the current local support at $1.80 gives way and whether broader crypto sentiment continues to deteriorate.Several factors could invalidate this bearish setup. A strong reversal above the $2.07–$2.25 resistance band, coupled with reclaiming the 50-day moving average and breaking back above the upper edge of the regression channel, would suggest that buyers have regained control. Potential catalysts for such a reversal include clearer regulatory frameworks (despite the recent Senate delay pushing crypto legislation to 2026), a macro shift toward easier Fed policy, a broad-based crypto rally led by Bitcoin, or large on-chain accumulation becoming visible in whale wallet data.Kruger's assessment that "crypto markets remain in consolidation mode" underscores that until a clearer catalyst emerges, whether from Fed policy, institutional flows, or breakthrough adoption news, XRP and the broader market are likely to continue drifting within defined ranges, vulnerable to downside breakouts.XRP Price Analysis, FAQWhy is XRP going down today?XRP is going down because it's part of a broader 2.4% crypto market selloff, with risk-off sentiment and year-end profit-taking weighing on all major tokens. Additionally, XRP's 50% drawdown from July and inability to sustain gains despite SEC victory and ETF inflows reflect fragile sentiment and ongoing distribution by early holders.Is XRP in a bear market now?Yes. XRP is down 13% year-to-date and 50% from its July peak, trading within a bearish regression channel with a confirmed death cross. While these are classic bear-market signals, the token has outperformed Bitcoin (-18%) and Ethereum (-27%) in 2025, suggesting a correction within a longer-term consolidation rather than a full structural bear phase.How low can XRP price go in this cycle?According to my technical analysis, XRP can fall approximately 14% from current levels to the first target at $1.62, and as much as 34% to the ultimate bearish objective at $1.25. These levels correspond to the lower edge of the regression channel, April 2025 lows, and the October flash-crash zone respectively.Can XRP recover after this crash?XRP can recover if broader crypto sentiment stabilizes, macro conditions improve, or a major catalyst such as renewed institutional buying or regulatory clarity emerges. A sustained break above $2.25 resistance and reclaiming the 50-day moving average would signal that buyers have regained control and invalidate the current bearish setup.Before you go, please also check my other XRP price prediction articles: This article was written by Damian Chmiel at www.financemagnates.com.

Rome, Italy — Stablecoins are increasingly being positioned as a foundational settlement layer rather than a peripheral digital asset. In the first seven months of 2025, global stablecoin transaction volumes exceeded $4 trillion, marking an 83% year-on-year rise and placing stablecoin flows on a comparable scale with legacy payment systems.Regulatory frameworks are evolving in tandem. In the United States, approval pathways for multiple spot Bitcoin exchange-traded funds have progressed, while large custodians such as BNY Mellon, State Street, and DBS have expanded their digital-asset service offerings. These developments are gradually narrowing the gap between traditional finance and digital-asset ecosystems.White-Label Solutions as a Strategic BridgeIndustry participants increasingly view white-label crypto payment platforms as a pragmatic solution for expanding service offerings without large-scale internal development.One example is B2BINPAY, a European payment infrastructure provider focused on crypto payment orchestration. Headquartered in Rome, the company operates an institutional-grade platform that supports numerous digital assets across multiple blockchains and processes significant transaction volumes for its merchant base.In recent months, B2BINPAY has expanded its white-label suite to better serve banks, EMIs, and payment service providers looking to add digital-asset capabilities. Rather than building blockchain support and compliance tooling from scratch, institutions can integrate B2BINPAY’s stack under their own brand, enabling crypto payments and digital wallets within their existing ecosystems.According to publicly available figures, the underlying infrastructure supports hundreds of digital tokens and processes transaction flows in the billions annually — indicators of both market demand and the scaling of specialised crypto infrastructure. These metrics provide context for how third-party solutions are increasingly used to bridge operational gaps within regulated financial environments.Where Institutions Capture ValueThe White Label Solution functions both as a technical layer and a business enabler. Institutions can generate revenue through:Tiered fees on deposits and withdrawals;Configurable mark-ups on swaps and conversions;Hedging and risk-management tools that support internal spread capture.This setup allows banks, EMIs and PSPs to retain ownership of the client relationship and economics while relying on an established provider for the underlying operations.A Transitional Phase for Digital PaymentsWhile adoption of crypto payments within regulated financial institutions is still emerging, the growth of stablecoin usage and the availability of modular, provider-agnostic infrastructure solutions suggest that the market is entering a transitional phase.For some institutions, white-label orchestration platforms offer a pathway to experiment with digital-asset rails while managing compliance and client relationships internally. Whether these solutions serve as long-term fixtures or stages toward fully native infrastructure remains to be seen.B2BINPAY’s expanded capabilities underscore how established payment infrastructure providers are positioning themselves amid evolving demand — offering context, not just technology, for how crypto payments may integrate with broader financial services in the coming years.This article is neither produced by nor contributed to by any editorial team member of Finance Magnates, nor does it necessarily reflect the views of the editors from Finance Magnates. This article was written by FM Contributors at www.financemagnates.com.

The end of the year is marked in many different ways. In Ecuador and some parts of India, people build and burn effigies to symbolise the destruction of past grievances and the welcome of a fresh start. In Denmark, smashing plates is said to banish bad spirits, while people jump, as is the custom in the Philippines. In Brazil, people dress in white and jump over seven waves as an offering to the sea goddess Iemanjá. In Cuba, people throw buckets of water out of the front door to wash away the past year’s negative energy.As part of the Hogmanay, or New Year’s Eve, celebration in Scotland, the first person to enter a home after midnight should be a dark-haired man bringing symbolic gifts such as coal, shortbread and salt to ensure good luck for the residents.As an Irishman living in Scotland, who now needs to finish this column quickly so he can go out and buy some hair dye, fuel, biscuits and condiments, it is impossible to avoid at least one rendition of Auld Lang Syne.The question Robert Burns asks, “should old times be forgotten?”, is particularly relevant in the trading world. So which events shaped 2025, and what are we likely to be looking back on at this time next year?(A)I Don’t Know What’s Going on Out ThereWhen does a boom become a bubble? Ostrum observes that artificial intelligence is expected to contribute nearly half of US growth in 2025, at the cost of a marked crowding-out effect on the rest of the economy, including concentration of funding, pressure on energy costs and a general slowdown in non-technology activity.However, BlackRock’s global chief investment strategist recently suggested that focusing on the scale of investment in artificial intelligence underestimates the chance that future revenues may justify the spending on infrastructure.The heavy power demands of artificial intelligence have also pushed money into energy generation, distribution, storage technology and infrastructure. Hyperscalers are forecast to spend around $600 billion on capital projects next year, and companies that can meet this demand quickly and at a reasonable cost should perform well in 2026.In a recent panel discussion, BlackRock CEO Larry Fink shared his view that tokenization and AI are two of the most important megatrends shaping the future of financial services.At Bakkt, we see their convergence as critical to building the next generation of regulated digital… pic.twitter.com/1arE8scOLp— Bakkt (@Bakkt) December 22, 2025It’s the Economy, StupidHopes of a strong US stock market came to pass this year, but lower expectations for other markets proved less accurate. One reason was that few fully appreciated how focused the US government would be on pushing its political agenda at the expense of economic growth.The shockwaves that followed “Liberation Day” highlighted opportunities in emerging market equities and bonds. The risk attached to emerging market assets has narrowed, and they are likely to compare well with those in developed markets next year.MSCI notes that emerging markets led global returns in 2025, outperforming US equities as EM stocks and hard currency debt rallied on improving fundamentals.Emerging markets surged in 2025, with a performance gap investors have not seen in years. The MSCI Emerging Markets Index was up more than 30 per cent in dollar terms by the end of November. This strength extended beyond equities, with EM dollar-denominated sovereign bonds up more than 11 per cent as borrowing costs fell and credit quality improved, pushing yield spreads against US Treasuries to multi-year lows.If a Stock Falls and No One Hears It, Does It Make a Sound?Quality stocks took a hammering this year as investors were swept up in artificial intelligence enthusiasm and geopolitical events increased the appeal of defence stocks. This prompted analysts at Amova Asset Management to suggest that a rebound is likely.The view is that possible triggers, such as fatigue in the artificial intelligence theme, geopolitical tensions, trade disruption, credit stress and labour market weakness, could drive a shift into high-quality stocks of companies with steady cash flows, strong balance sheets and lasting competitive strengths.This view is shared by the chair of Rockefeller International, who describes quality stocks as a rare opportunity, particularly as they tend to deliver the best returns after periods of weak performance.One option for investors looking to increase exposure to such stocks is through exchange-traded funds. For those willing to put in the time, careful screening could also produce a list of several hundred quality stocks trading at attractive valuations.The More Things Change, the More They Stay the SameThe focus on technology stocks, and the so-called magnificent seven in particular, has overshadowed opportunities in more traditional sectors such as consumer goods and healthcare. Many believe these areas are undervalued, despite offering steady revenue and a history of returning profits to shareholders.This feeds into the wider debate around diversification. According to Invesco, investors have overlooked the potential benefits of moving into lower valuation areas, such as smaller companies or value stocks, or using alternative weighting methods. In part, this is because there has been no clear trigger to prompt such a shift.In the firm’s view, improving growth combined with lower US interest rates is likely to create a more supportive backdrop for stocks beyond the largest names. It notes that small-cap indices such as the Russell 2000 Index and the S&P 500 Equal Weight Index reached record highs last week. For investors who have been waiting for a reason to look beyond mega-cap technology, the triggers may now be in place.Does the Dollar Decline Have Further to Go?It has been a difficult year for the greenback. Analysts at Deutsche Bank believe the trade-weighted dollar could fall a further 10 per cent by the end of next year, based on valuations, balance of payments trends and relative monetary policy cycles.The currency has recovered only a small share of the losses suffered in the first six months of 2025. While a fall on the scale seen in 1985 or 2002 has been avoided, it is still likely to be more than two decades since the dollar last finished a year so much lower than where it began.The US dollar’s share of global foreign reserves held steady in Q2, after adjustment for currency fluctuations. Exchange-rate effects drove nearly all the decline in the US currency’s share of reserves. Our blog has the details. https://t.co/XtaRfBIbqL pic.twitter.com/fXcUkRkg7U— IMF (@IMFNews) December 21, 2025Deutsche Bank’s view is that the dollar remains overvalued due to an expanding current account deficit, which appears to have exceeded the key 4 per cent of GDP level over the past 12 months. This level of external funding need has often been a signal of dollar weakness.Portfolio inflows have helped offset America’s deficits in the past, but this support now appears to be under strain.Finally, thank you for taking the time to read this column. I hope it has been informative and, at times, amusing. On that note, I will leave the last word to another Irishman, comedian Dave Allen, and sign off by saying, “thank you and may your God go with you”. This article was written by Paul Golden at www.financemagnates.com.

The Cyprus Securities and Exchange Commission has reminded Crypto-Asset Service Providers operating in Cyprus of the deadline to apply for authorisation under the Markets in Crypto-Assets Regulation.According to CySEC, the deadline for submitting an application under MiCA is 27 February 2026. The regulator referred to its earlier announcement, which outlined the transitional arrangements for existing providers.CASPs Must Apply Before February DeadlineCASPs that are currently offering services under the national framework may continue operating during the transitional period. This applies until their application is approved or rejected or until the end of the transitional period on 1 July 2026, whichever comes first.CySEC clarified that CASPs which do not submit an application by the February 2026 deadline must prepare and submit a wind-down plan. After the end of the transitional period, the provision of crypto-asset services will no longer be permitted without MiCA authorisation. Any activity beyond the July deadline is conditional on obtaining the relevant approval under the regulation.Cross-Border Crypto Services Require ComplianceThe regulator also recalled the rules on cross-border activity. The provision of crypto-asset services to another EU Member State is allowed only where this is permitted under the host country’s national legislation. It must also be aligned with the adoption of the grandfathering regime, in line with guidance issued by the European Securities and Markets Authority.CySEC added that CASPs which remain registered in the relevant national register continue to be subject to all existing obligations arising from national rules, as previously communicated by the authority.CySEC Proposes ESAP Reporting RulesCySEC has launched a consultation on proposed amendments to align national rules with the EU’s European Single Access Point framework. Under the changes, investment firms, asset managers, and AIFMs that are part of a financial conglomerate would be required to submit annual information on their legal, governance, and organisational structures to CySEC for publication on ESAP. The requirements, effective from January 2030, aim to enhance regulatory transparency and oversight, without introducing any retail-facing obligations. This article was written by Tareq Sikder at www.financemagnates.com.

The number of retail clients using cross-border investment services in Europe climbed to about 10.5 million in 2024, even as complaints from those clients jumped by 46%, according to new data from the European Securities and Markets Authority (ESMA).EU’s Cross-Border Market Adds Millions Of ClientsESMA’s latest annual review of passported activity shows firms operating under the “freedom to provide services” regime served roughly 10.5 million retail clients in 2024, up from 8 million a year earlier, a 32% increase in cross‑border clients. The analysis covers investment firms and credit institutions providing services into other EU/EEA countries without using branches, and only includes firms that have more than 50 retail clients in a given host market.In total, 370 firms across 30 EU/EEA jurisdictions met that threshold in 2024, down from 386 in 2023, marking a 4% drop in the number of active providers. On average, each firm served about 28,000 cross‑border retail clients, up from 20,000 the previous year, underlining how activity is consolidating into fewer, larger players.It is worth noting that the 10.5 million counts only clients receiving investment services from firms in other member states, not clients trading with firms in their home country. For example, a German trader using a German broker is excluded, but a German trader using a Cyprus-based broker is included.CFDs were held by about 1.4 million cross‑border retail clients in 2024, around 11% of the total, while crypto‑assets within the MiCA perimeter were held by nearly 1 million cross‑border clients, or about 7%. Overall, shares were the most common product, with 4.6 million clients, roughly 36% of the total.Cyprus Dominate SupplyOn the supply side, ESMA’s data point to a highly concentrated market. Firms based in Cyprus, Lithuania, Germany and Ireland together accounted for about 86% of all cross‑border retail clients, around 9 million of the 10.5 million total.Cyprus‑based firms, 79 in total, reported servicing about 3.6 million cross‑border retail clients, or roughly a third of the EU/EEA total. Lithuanian firms followed with about 2.6 million clients, up sharply from 1 million in 2023, while German firms served around 2 million clients and Irish firms about 939,000. All other firms – 235 entities spread across 24 member states – jointly reported about 1.46 million cross‑border retail clients.Investment firms made up the majority of providers, accounting for 59% of the 370 firms, with credit institutions representing the remaining 41%. Cyprus hosted the largest pool of investment firms, while France and Germany were home to the biggest numbers of credit institutions active cross‑border.Germany, France, Spain, Italy Are Key DestinationsOn the demand side, a small group of large markets attracted most of the incoming activity. Germany, France, Spain and Italy together accounted for about 52% of all retail clients receiving cross‑border investment services.Roughly 1.62 million Germany‑based clients received services from 187 foreign firms, broadly in line with 2023 levels. France, Spain and Italy together added about 3.9 million cross‑border retail clients in 2024, up by 1.3 million year‑on‑year and representing around 37% of the total client base.On average, firms in each home member states provided services into 17.5 other EU/EEA countries, underscoring the breadth of passporting links. In some cases, individual firms based in Austria, Cyprus, Ireland and Lithuania reported providing services to retail clients in all 29 other member states.Complaints Jump 46% But Look Less Extreme In Relative TermsESMA recorded 10,968 complaints from cross‑border retail clients in 2024, up from 7,507 in 2023, a 46% rise in absolute numbers. Given the strong growth in the client base, the average number of complaints per 100,000 retail clients increased more moderately, from 94 to 104, equivalent to a 9.6% rise.Germany‑based firms received the largest share of complaints, accounting for about 45% of the EU/EEA total, or 4,936 complaints in 2024 compared with 2,595 a year earlier. Firms in Lithuania and Ireland each accounted for about 14% of complaints, while Cyprus‑based firms were linked to about 10% and Dutch firms about 6%.From the host‑country perspective, clients in Austria, Spain and Italy filed the highest numbers of complaints about cross‑border services, together making up about 46% of all complaints lodged by retail clients. Austrian clients stood out in relative terms, with 1,909 complaints from about 248,000 clients – roughly 7,674 complaints per million clients, around 656% above the EU/EEA average of 1,015 per million.ESMA cautioned that the complaint definition – “a statement of dissatisfaction by the client” – is broad and may be interpreted differently across firms and jurisdictions.The exercise is part of ESMA’s broader push to monitor how cross‑border business affects retail investors and how home and host supervisors coordinate oversight. The regulator plans to repeat the data collection in 2026, continuing its focus on firm behavior, complaint patterns and concentrations in specific products and jurisdictions. This article was written by Damian Chmiel at www.financemagnates.com.

Topstep, a popular futures trading prop firm, is facing backlash on social media after outages and anomalies on its only trading platform. Its founder and CEO, Michael Patak, also acknowledged the outages and stated that “in January we will be making things right.”Prop Traders Blame Topstep for OutagesAccording to claims on social media, traders are facing significant issues on the trading platform offered by Topstep. Some traders said they were unable to open or close positions.A few also claimed that their accounts were blown up due to the outages. One trader said that Topstep did not always acknowledge the outages.Its official, @Topstep is the absolute worst platform to trade with. This is an every week thing with them.Then they just send out free stuff.. but for what if their platform never works to use it? Any more prop firm recommendations? who should i switch to? pic.twitter.com/v0tU5wdlZr— Kobeblu (@kblutrades) December 17, 2025According to an X user, Ajtradesss, Topstep had 11 confirmed platform issues in the past three months, which the company also acknowledged were not the trader’s fault.Frustration increased with claims of an unsupportive response from Topstep when handling traders who suffered losses due to the outages.Topstep offers trading on only one platform, TopstepX, which is a rebranded version of ProjectX. Although many claim a connection between Topstep and ProjectX, neither company has officially confirmed it.Last month, multiple futures prop firms announced that ProjectX will end its services to all “third-party” platforms at the end of February 2026. Only Topstep will continue to offer services with ProjectX.“Right now, we are not delivering the Ultimate Trading Experience we promised,” Topstep wrote on Discord, acknowledging the outages. “The Ultimate Trading Experience means a trusted platform, reliable support, and a trader-first programme designed to help you perform at your best.”Working on improving platform stability and support a day at a time. That’s our total focus. As mentioned today on @TopstepTV in January we will be making things right. We always have. Please stay patient. ?— Michael Patak (@MichaelPatak) December 23, 2025Interestingly, Plus500, one of the major contracts for differences (CFD) brands, became the trading tech provider to TopStep.A Dent in Credibility?The repeated outages have also affected Topstep’s credibility. The Trustpilot rating of the platform dropped to 3.6, with 16 per cent one-star ratings. While handling Trustpilot reviews is a priority for many prop firms and brokers, Topstep replied to only 4 per cent of negative reviews and typically responds within two weeks.FinanceMagnates.com recently reported that FundingTicks, another futures prop trading firm, is facing backlash after it retroactively changed its trading rules. The Trustpilot score of that platform dropped to 3.2, with 38 per cent one-star ratings. This article was written by Arnab Shome at www.financemagnates.com.

Futures prop trading platform FundingTicks is facing a massive backlash on social media after reportedly changing its trading rules retroactively last week. The changes include a minimum one-minute trade hold time for scalpers.Retroactive Rule Change Created ChaosAlthough rule changes are common in prop trading, many traders claim FundingTicks applied them retroactively to all accounts. However, in a lengthy message defending his record, CEO Khaled insists he has “paid out more than US$220M while putting my traders always first and in heart.” He explained that “fundingticks started as a side project” that quickly “became a giant.”Silence!!!! No never, in fact I’m someone who paid out more than 220M US-Dollars, all without glimpse of an eye and while putting my traders always first and in heart. Am I always right? Ofc not, is my job as the CEO the easiest and simplest as yall think in a tweet?? NO!!…— Khaled (@Khldfx) December 23, 2025Traders who bought challenges on the platform, agreed to the old trading rules, and passed them now have their challenges breached or profits reduced if they violated the current rules in the past. Earlier valid trades were also invalidated.Read more: “Prop Trading Rules Aren’t to Trap but to Protect Capital”The rule change includes a one-minute minimum trade hold period instead of no minimum period; a $200 minimum profit per day, up from $150; six profitable days, up from five; a new 80 per cent profit split compared with the previous rate of up to 90 per cent; and reduced and capped withdrawals.However, FundingTicks highlighted an increased drawdown limit while promoting the new rules on social media.FundingTicks was launched earlier this year by the same people behind the contracts for differences (CFDs) prop trading platform Funding Pips. Khaled claims to be the owner and CEO of both FundingPips and FundingTicks.Angry Traders Moved to Social Media“FundingTicks, you can’t change profit splits, trade holding times, and the number of profitable days required on existing accounts,” a social media user, Sahil, wrote on X. “You should have run polls and asked for public opinion. I believe you can make this right. The old rules were balanced.”He also stated that the “one-minute scalping rule makes no sense.”This is unacceptable. Fundingticks you can’t change profit splits, trade holding times, and profitable days required on existing accounts. 1 minute scalping rule makes no sense, NQ every other day moves 10-12 points in less than one minute. That’s $200-240 with one mini, WHY… pic.twitter.com/atR5rJ7KwX— Sahil (@vedictrades) December 17, 2025Another user, who goes by the name Babs on X, wrote: “This account was sitting at $3.2k in profit on Friday, and now it has been reduced to $751.62.”Traders’ anger is now reflected on FundingTicks’ Trustpilot page. With over 1,000 reviews, the platform’s current TrustScore is 3.2, down from 4.1 in October, according to archived pages.Please and please. Do not trade with @fundingticks . This account was sitting at $3.2k in profit on Friday now it has been clawed back to $751.62 profit. I was expecting payout last week(rule got changed) payout this week(this bullshit happens). @Khldfx you’re ruining a great… pic.twitter.com/GvT9wJoBOh— Babs (@istlyfe) December 22, 2025Currently, 38 per cent of the ratings on FundingTicks’ Trustpilot page are one star, the lowest rating a user can give.Trustpilot temporarily suspended the profile page of FundingPips last year but later restored it.Read more: Trustpilot’s Reputation Casino - Are Brokers and Props Playing or Getting Played?FinanceMagnates.com contacted FundingTicks for comment on the backlash but did not receive a response by the time of publication. This article was written by Arnab Shome at www.financemagnates.com.