by JD Lasinger | Apr 2, 2013 | Binary Options Banking, Binary Options Legality and Regulation, Market News
On March 25 Euro zone banks agreed on a 10 billion euro bailout plan for the ailing Cyprus banks. The plan required Cyprus to come up with 5.8 billion of the bailout money. The original plan which was rejected by the Cyprus parliament called for a tax on all bank...
by JD Lasinger | Mar 21, 2013 | Binary Options Legality and Regulation, Market News
The Cyprus banking system is on the verge of collapse. Cyprus is dominated by 3 main banks which are all on the verge of insolvency based on their heavy exposure to crippled Greek financial system. Failure of the banks could threaten Cyprus membership in the Euro...
by JD Lasinger | Feb 13, 2013 | Binary Options Legality and Regulation
Banc De Binary has retracted their press release of January 25, 2012 calling it “inaccurate”. In the earlier press release they announced that they were in negotiations with the CFTC in an effort to gain US regulation. They indicated that they would refuse...
by JD Lasinger | Feb 10, 2013 | Binary Options, Binary Options Legality and Regulation
Due to recent activities we have downgraded Global Trader’s rating to “Scam”. We recommend avoiding this broker. We rather recommend trading at BeeOptions or Redwood. Both accept US traders and offer free demo accounts. Click here for all...
by JD Lasinger | Jan 31, 2013 | Binary Options Legality and Regulation
Banc De Binary CFTC Negotiations – UPDATE Banc De Binary has announced that they are retracting their press release from January 25, 2012. They are not currently in negotiations with the CFTC with regards to regulation, but were told by the CFTC that they are...
by JD Lasinger | Nov 13, 2012 | Binary Options, Binary Options Legality and Regulation
UPDATE: Banc De Binary Gets CySEC License On January 25, 2012 Banc De Binary announced that they have received a CySEC licence becoming a regulated Binary Options broker. Since Cyprus is part if the European Union, Banc De Binary is now regulated throughout the...