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Industry News.

Daily news for FX brokers, fintech companies, and financial services professionals — regulatory updates, licensing, payments, and industry developments.

Industry

US Congress Opens Formal Probe into Kalshi and Polymarket, Targeting KYC and Trade Surveillance

The US House Oversight Committee has launched a formal investigation into prediction market platforms Kalshi and Polymarket, demanding detailed documentation on...

23 May 2026 Read →
Industry

Moomoo Expands Texas Crypto Offering With Wallet Deposit and Withdrawal for Retail Investors

Moomoo, the US-based arm of Hong Kong brokerage Futu, has activated cryptocurrency trading for retail clients in Texas and launched wallet deposit...

23 May 2026 Read →
Industry

China Targets Online Broker Futu With $271 Million Penalty Over Licensing Breaches

Chinese regulators have levied a proposed penalty of approximately $271 million against Futu Holdings for allegedly operating securities, fund sales, and future...

23 May 2026 Read →
Industry

Moomoo Expands Texas Crypto Offering With Wallet Deposit and Withdrawal for Retail Investors

Moomoo, the US-based brokerage arm of Hong Kong's Futu Holdings, has launched cryptocurrency trading in Texas and rolled out direct crypto deposit...

23 May 2026 Read →
Industry

China Targets Online Broker Futu With $271 Million Penalty Over Licensing Breaches

China's securities regulator has moved to impose a substantial RMB 1.85 billion penalty on Futu Holdings, the parent company of retail trading...

23 May 2026 Read →
Industry

Polymarket Targets Japan with Formal Lobbying Effort, Signaling Industry Shift

Polymarket has engaged a dedicated representative to pursue formal regulatory approval in Japan, marking a strategic departure from the prediction platform's ty...

23 May 2026 Read →
Industry

Weekly Focus: CMC Markets, Binance Launch SpaceX Trading; IG Result Drives Stock Rally

Two major retail brokers have launched grey market trading on SpaceX within hours of each other, marking a notable expansion in synthetic...

23 May 2026 Read →