Breaking news

CySEC Warns Investors About Unlicensed Investment Platforms

Regulatory Alert Issued By CySEC

The Cyprus Securities and Exchange Commission (CySEC) has recently issued a strong warning directed at investors, cautioning them against engaging with certain websites that are not operated by entities authorised to deliver investment services under Cyprus law. The regulatory body emphasized that these platforms do not hold the necessary licences mandated under Article 5 of Law 87(I)/2017.

Unlicensed Platforms Under Scrutiny

In its notice, CySEC identified several websites that are not authorised to provide investment services within the European Union. Among them are solartecna.com, lucrativeedges.com, optramarket.com, and harvestsphereonline.com. The list also includes pehjosf.com, irafloxi.com, evpmarketgroup.com, aintelligence24.com, and primeinvests.eu. Additional websites named in the warning are fxmaple.com, fxmarketstrade.com, derivinvestments.com, 24yield.com, and xmarketcoin.com. Investors were urged to exercise caution when dealing with such platforms.

Ensuring Investor Protection

CySEC also advised potential investors to verify the credentials of investment service providers before proceeding. Information on authorised entities and licence holders is available through the official register on the regulator’s website.

Importance For The Investment Community

The warning highlights the importance of checking whether a provider is authorised before making investment decisions. By publishing such notices, CySEC aims to help investors identify unauthorised platforms and raise awareness of regulatory requirements within the market.

Reddit Tests TikTok-Style Video And Audio For Popular Posts

Reddit is testing new ways to consume its most popular posts, including video and audio formats inspired by how Reddit stories are already shared on platforms such as TikTok and Meta’s Reels.

The experiment began Monday across selected communities. Reddit says the early test will help determine which formats users prefer and whether they can eventually be expanded more widely.

From Reddit Threads To Narrated Videos

The idea was first discussed during Reddit’s second-quarter earnings call in July. CEO Steve Huffman noted that popular Reddit stories are already being turned into narrated videos on other platforms, often using text-to-speech or creators reading posts aloud alongside unrelated footage.

Reddit now wants to bring that experience directly to its own platform. Users participating in the test can choose whether to “read” or “play” eligible posts.

Audio could allow people to listen to Reddit while exercising, walking or doing other activities, while video could make written conversations more engaging.

Original Posts Will Remain

The initial test is limited to selected English-language posts and is available through Reddit’s iOS and Android apps. The original posts and their comments will remain available, meaning the new formats will complement rather than replace Reddit’s traditional experience.

The company is also evaluating whether these formats can be introduced without losing the character of Reddit’s text-based communities.

Reddit Has Tested Video Before

The latest experiment builds on Reddit’s earlier attempts to expand beyond text. The company introduced native video hosting in 2017 and later tested a TikTok-style video feed.

More recently, Reddit introduced video in comments, which the company says now accounts for more than 10% of video posts on the platform.

The new test is another step in Reddit’s effort to make its content more accessible in different formats while competing for attention in an increasingly video-focused social media market.

Aretilaw firm
eCredo
Uol
The Future Forbes Realty Global Properties

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter