Mt.Gox has obtained temporary bankruptcy protection in the US. Add to that, there is rumour of extortions from anonymous hacker for Mt.Gox clients to pay to have their datas removed.
As a part of efforts to rediscover ways to enhance their profile and compete in tempting new traders, at least four retail brokers released good news of rebranding to new offerings.
Russian regulator is on the way to curb Russian brokers' moves. Russian Parliament is going to vote on a new forex regulation that will put caps on leverage and monitor forex ads closer.
After a series of disaster ensued, Mt.Gox has gone MIA (Missing In Action). A year ago, they hold almost 80% of bitcoin trading, but recent turmoils have left it with less than half of it.
Forex regulators are on a roll. Whether it is just more frauds now than ever or the officials getting busier, at least three forex-related legal breaches were exposed last week.
XM's parent company, Trading Point of Financial Instruments Pty Ltd. is now regulated by Australian Securities and Investments Commission (ASIC) with license number 443670.