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RBI issues alert list: Declares these 34 forex trading online platforms as illegal. This includes popular apps like Binomo, OctaFX, OlympTrade etc.
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Chapters:
0:00 Is Forex Trading legal?
4:37 Why are Influencers promoting Forex apps?
6:05 RBI issues alert list of 34 forex apps
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Sources :
Paid Media Articles by :
Deccan Chronicle : https://www.deccanchronicle.com/in-focus/090721/review-of-safe-trading-on-binomo.html
TNIE : https://www.newindianexpress.com/business/marketing/2021/may/20/binomo-india-review-what-is-it-is-the-trading-platform-safe-2305167.html
Zee News : https://zeenews.india.com/companies/all-you-need-to-know-about-the-binomo-trading-platform-2376346.html
State Bank of Pakistan Circular : https://www.sbp.org.pk/epd/2022/FECL8.htm
Doni Salmanan Arrest Video : https://youtu.be/clvvWhGT38Q
Indra Kesuma Arrest Video : https://youtu.be/XVAysVYYzro
The Asean Post Article : https://theaseanpost.com/technology/2022/may/10/indonesias-crazy-rich-influencers-arrested
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Presented By: Money-Minded Mandeep
Research: Adv. Shweta V. & LLA Legal Team
Edited By: Rohan Agarwal
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