📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
Securities and Exchange Commission of Cyprus blacklists 19 illegal cryptocurrency brokerage firms.
The Securities and Exchange Commission of Cyprus has blacklisted around 10 companies operating in the field of cryptocurrency and foreign exchange for providing unauthorized trading services without a license. The agency is intensifying efforts against unlicensed brokers while warning about some platforms faking the license of Cyprus Investment Firm (CIF) to scam users.
The commission requires all digital asset service providers to register, with penalties of up to $370,000 or five years in prison for violations. Research also shows that many investors do not spend enough time researching before investing, and only 30% check whether the broker is licensed. Regulators have launched a campaign to educate citizens about the risks of online trading.