The Cyprus Securities and Exchange Commission (CySEC) has officially withdrawn the investment license of FIBO Markets Ltd, finalizing a process the forex broker initiated late last year. CySEC announced the decision was made during its Aug. 25 meeting, formally revoking the company's Cyprus Investment Firm (CIF) authorization number 118/10. The regulator cited FIBO Markets' express renunciation of its license as the reason for the withdrawal. FIBO Markets Loses Cyprus License The move caps a ...
