Tag: BCM

Kraken, one of the world's leading cryptocurrency exchanges based in the U.S., has recently completed its acquisition of Coin Meester B.V., a prominent Dutch cryptocurrency broker d/b/a BCM. This strategic move marks another milestone in Kraken's European expansion strategy and strengthens its position in the evolving cryptocurrency market landscape under the MiCA regime.

The multi-asset broker BCM Begin Capital Markets CY Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 274/15. On 16 December 2022, CySEC informed that a €100,000 settlement has been reached with the BCM for possible violations of the regulatory framework. The second settlement in 2022. In July 2022, CySEC informed that a €170,000 settlement has been reached for possible violations of the regulatory framework.

The Forex, CFD, and stocks broker BCM Begin Capital Markets CY Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 274/15. On 6 July 2022, CySEC informed that a €170,000 settlement has been reached with the BCM for possible violations of the regulatory framework. More specifically, the investigation for which the settlement was reached focused on the period between January 2021 and April 2022. The Company has paid.