GTC Obtains UAE License to Conduct OTC Derivatives and Currency Brokerage Business

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GTC has obtained a UAE license to conduct OTC derivatives and currency brokerage business. Finance Magnates Daily Recap also covers eToro’s expansion in Latin America, a decline in crypto trading, Revolut obtaining an Israeli banking license, and fines in a South Korean bond manipulation case. The program also mentions the establishment of JT Prime, CFI’s governance model, and the CFTC’s ban preventing eight Americans from engaging in offshore forex sales.