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Vietnam Busts $200M Forex Trading Scam: Will It Trigger Action Against CFD Brokers Too?
Offshore forex and contracts for difference (CFD) brokers are investing heavily to capture the Vietnamese market. They are running extensive ads on online platforms, hiring country managers for Vietnam, and some are even opening local representative offices. However, their activities in the country are in the grey area, if not outright illegal.Get the highlights from FMLS25. Vietnamese authorities, meanwhile, appear to have started cracking down…
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Vietnam Busts $200M Forex Trading Scam: Will It Trigger Action Against CFD Brokers Too?
Offshore forex and contracts for difference (CFD) brokers are investing heavily to capture the Vietnamese market. They are running extensive ads on online platforms, hiring country managers for Vietnam, and some are even opening local representative offices. However, their activities in the country are in the grey area, if not outright illegal.Get the highlights from FMLS25. Vietnamese authorities, meanwhile, appear to have started cracking down…
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