04/09/2026
๐ฃ Market Recap
๐น Nigeria introduces new FX and CFD rules
The regulator has issued its first dedicated framework for the sector, banning binary options and setting a 1:2 leverage cap for crypto while tightening rules around social media promotions.
๐น Saint Vincent freezes new virtual asset applications
The regulator has paused new applications for virtual asset businesses, while submissions filed before September 1 will continue under the existing review process.
๐น XTB founder sells another $410M in shares
Jakub Zabลocki's investment vehicle sold 9.4 million XTB shares, reducing his stake from 35.78% to 27.78% and marking at least his fifth reduction since 2023.
๐น FTMO enters futures prop trading
The Prague-based prop firm has launched a futures beta with challenges offering up to $450,000 in simulated capital across Growth and Pro account structures.
๐น Revolut moves closer to US banking licence
The fintech secured conditional approval for a US national bank charter, but still needs to complete regulatory steps with the OCC, FDIC and Federal Reserve.
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