Authorities close down Dubai forex trading scheme

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These stories took their toll, and many brokers decided to leave Israeli territory in every way and take their business elsewhere. Considering how the new law was planning to ban customer support companies and IT companies involved in the development of binary platforms and software, this decision is not surprising.

However, after initial enthusiasm, the Israeli Knesset decided to take a summer break and now it seems that the new law will be much less repressive.