hkex
November 30, 2018 BY Mariela Naydenova

Blockchain custodian solutions in Hong Kong

Blockchain solutions have been missing an essential feature – the custodian one. Now, InVault, a Hong Kong-based cryptocurrency custodian service company, has recently launched after the country put new regulations valid for crypto exchanges and fund managers, requiring both to properly implement custodian solutions to their offerings and protect the virtual assets of their clients.…

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November 30, 2018 BY Mariela Naydenova

Just a glitch, not a bubble

Bitcoin’s price is currently trading at $4,300, losing around 70% of its value from December, 2017. Analysts, bitcoin enthusiasts, and investors have frequently referred to Bitcoin as one of the biggest scams in history, comparing it to the Dutch Tulip fever in the 17thcentury, the World Financial Crisis of 2008, the UK Railway mania back…

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November 30, 2018 BY Mariela Naydenova

Rhino Coin – the digital coin for species protection

Africa seems to be at the forefront of cryptocurrency revolution and blockchain applications. The oldest continent can now boast a revolutionary digital coin that serves to protect a precious animal specious.   As cited by CryptoGlobe, Africa houses almost 80% of all existing rhinos in the world. However, the biggest issue is the aggressive poaching…

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Crypto laws vary by jurisdiction – UK lawyer sheds light on local directives
November 30, 2018 BY Mariela Naydenova

The first US State to accept Bitcoin for tax payment

The price of Bitcoin may be falling down, but the applications of Bitcoin keep going up. The US State of Ohio has now ruled that Bitcoin will be accepted for 23 types of taxes. The State of Ohio has already established a special cryptocurrency payment portal and will start accepting the “people’s currency” any time…

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FCA warning
November 30, 2018 BY Valentina Kirilova

Updated: FCA warns against DON Healthcare CIC firm

Don Healthcare CIC is no longer in possible breach of FCA's rules and the regulator has removed the alert from its website. UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company DON Healthcare CIC. DON…

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RBA May Rate Meeting
November 30, 2018 BY Valentina Kirilova

Admiral Markets reduces spreads on popular financial instruments

Estonia based Retail FX brokerage firm Admiral Markets Group AS has announced it has reduced its spreads on its most popular financial instruments, including top currency pairs like the EUR/USD. Admiral Markets clients can now trade its most popular Forex currency pairs at the following typical spreads: EUR/USD: 0.6 pips GBP/USD: 1.0 pips USD/JPY: 0.9…

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clone firm FCA warning
November 30, 2018 BY Valentina Kirilova

FCA warns against AON Asset Management clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm AON Asset Management. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…

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fma warning
November 30, 2018 BY Valentina Kirilova

FMA releases Wynyard Group Limited investigation report

The Financial Markets Authority (FMA) has released the findings of its investigation of potential disclosure breaches during the failure of Wynyard Group Limited. the complete text of the regulator's announcement reads as follows: The Financial Markets Authority (FMA) today published the findings of its investigation into Wynyard Group Limited’s (Wynyard) compliance with continuous disclosure and fair dealing…

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