Category: Regulation

SEC charges nine hackers and traders in Edgar hacking case
December 07, 2018 BY Valentina Kirilova

What does the “SamSam” crime story mean for crypto regulation?

The concerns over the cryptocurrency regulations are growing constantly. Countries around the world are not really sure how to classify cryptocurrencies, as money, as digital assets, as property rights or as a completely different category. The US Treasury Department of Foreign Assets Control or OFAC has prosecuted two Iranians for conducting a major cyberattack, now…

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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 21, 2018 BY Mariela Naydenova

Cryptocurrency hedge funds are "dying"

Since cryptocurrencies' market value fell by some 20% in just under two weeks, there is a new report showing that the massive declines in prices of major alt coins have forced around 35 crypto hedge funds to close. Bitcoin, for example, has lost more than 70% of its value as compared to its December, 2017…

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clone firm FCA warning
November 16, 2018 BY Valentina Kirilova

FCA warns against GMT Crypto clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm GMT Crypto. 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 to…

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clone firm FCA warning
November 02, 2018 BY Valentina Kirilova

FCA warns against Cryptobourse clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Cryptobourse. 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 to scam…

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scam company
November 01, 2018 BY Valentina Kirilova

New Zealand FMA warns against Cryptogain firm

The Financial Markets Authority (FMA) has just issued a warning against a scam company called Cryptogain. Cryptogain Website: www.cryptogainlimited.com Email: [email protected] Reason for warning: The regulator recommends exercising caution before dealing with the website www.cryptogainlimited.com as it has the characteristics of a scam, including using the name of a New Zealand registered entity without the…

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bscs warning
October 24, 2018 BY Valentina Kirilova

New Zealand FMA warns against Bitcoin Revolution Limited

The Financial Markets Authority (FMA) has just issued a warning against a scam company called Bitcoin Revolution Limited. Bitcoin Revolution Limited Website: www.bitcoinrevolutionapp.com; www.pro-net-system.com Reason for warning: It could be involved in a scam. Articles posted on social media about The New Zealand Treasury and/or current or former prime ministers investing in bitcoin are false.…

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