Regulatory Updates from Consob, CySEC; News on FYNXT, PTB, CFI...More News Recap from Last Week

Fazzaco continued extensively covering the latest trends in forex, crypto, fintech, and prop trading last week. In addition to the news, we've also released the latest agenda of panel discussions at the upcoming FastBull Financial Summit Dubai 2025; published our interpretations of the new CySEC notice; and our article on the new investment trends faced by brokerages.

Below are news and articles for the Fazzaco's last week recap.

Consob Targets Unauthorised Crypto-Asset Operators and Financial Scams

In a recent enforcement move, the Italian securities regulator Consob has used its new powers under the European regulation on crypto-assets (MiCAR) to block two unauthorised crypto-asset operators. The blocked websites, linked to the operators 'Dobibo' and 'Fameexn,' were found to be offering services without proper authorization. The action was taken under resolutions no. 23422 and 23423, issued on 12 February 2025.

Carla Nemr Joins CFI as Global Director of Business Development

CFI Financial Group, an online trading broker in the MENA region, has announced the appointment of Carla Nemr as its new Global Director of Business Development. With over 25 years of experience in the financial services industry, Nemr brings a wealth of expertise in business development, strategic planning, and global market expansion to her new role.

FYNXT Proves Its Cybersecurity Excellence with Successful Second ISO 27001 Surveillance Audit

FYNXT, a leading fintech provider of digital solutions for multi-asset brokers, proudly announces the successful completion of its Second Surveillance Audit for ISO/IEC 27001:2013 in November 2024. This milestone highlights FYNXT's increasing maturity in information security practices, reinforcing its commitment to risk management, regulatory compliance, and cybersecurity resilience - ensuring that clients and partners continue to operate in a highly secure digital environment.

Plutus Trade Base Expands to U.S. Market with Funded Account Services

Plutus Trade Base (PTB), a proprietary trading firm, has announced its expansion into the U.S. market, offering funded trading accounts to U.S.-based traders. Through this expansion, the firm aims to provide traders with access to capital without the risk of using their own funds.

Cyprus CIFs Take Note: CySEC Issues Key Compliance Notice

On February 13, CySEC has issued a comprehensive compliance notice that may change the way CIFs conduct business. The message is unmistakable: adapt to this new green framework or risk being left behind.

Young Investors Are Reshaping Brokerage Firms—The Data Speaks for Itself

The brokerage industry is undergoing a transformation, largely driven by a new generation of investors. With Gen Z and younger Millennials actively participating in the markets, brokerage firms are being forced to rethink their strategies to remain competitive. This shift is not speculative—the data shows a clear trend toward younger investors demanding faster, more accessible, and more diversified trading platforms. In fact, a report by J.D. Power (2023) revealed that 50% of brokerage firms have seen a 30% increase in young trader accounts since 2021, further confirming this growing trend.

FastBull Financial Summit Dubai 2025 Roundtable Insights: Decoding Global Market Trends​

From April 16 to 17, 2025, the FastBull Financial Summit Dubai 2025 will take place at the Coca-Cola Arena in Dubai. As one of the premier events in the financial industry, this summit will focus on the cutting-edge developments in the forex market and blockchain fintech, offering a deep dive into global market dynamics.