Category: Regulation

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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Coinbase adds Stellar Lumens (XLM) on its professional trading platform
October 24, 2018 BY Valentina Kirilova

DFS authorizes Coinbase Global to form Coinbase Custody Trust Company LLC

Financial Services Superintendent Maria T. Vullo has just announced that the New York State Department of Financial Services (DFS) has approved the application of Coinbase Custody Trust Company LLC, a wholly-owned subsidiary of Coinbase Global, Inc., to operate as a limited purpose trust company. Coinbase Inc. has held Money Transmitter and Virtual Currency licenses from…

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SEC charges
October 18, 2018 BY Mariela Naydenova

The SEC with a new fintech office

After the SEC rejected a few Bitcoin ETFs and has been "wandering" around and chasing cryptocurrency companies, the regulatory body has decided to open a special office to deal with all crypto-related projects. The so-called Strategic Hub for Innovation and Financial Technology (FinHub) will be a connecting point between the SEC and the cryptocurrency industry, making…

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LeapRate interview: Defense against toxic flow, Jeff Wilkins speaks
October 10, 2018 BY Valentina Kirilova

FSB sets out potential financial stability implications from crypto-assets

The Financial Stability Board (FSB) has just published Crypto-asset markets: Potential channels for future financial stability implications report. This report sets out the analysis behind the FSB’s proactive assessment of the potential implications of crypto-assets for financial stability. The reports follows up on the initial assessment set out in the FSB Chair’s March 2018 letter to…

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Dolfin becomes a member of the Malta Stock Exchange
September 27, 2018 BY Mariela Naydenova

The two new regulations in the "cryptocurrency heaven"

Malta is known as the "cryptocurrency heaven", as it has been one of the top destinations for crypto enthusiasts, techies and investors. Now, the country is preparing some new cryptocurrency regulations that will come into effect in November, 2018. From potentially partnering with OKEX and "housing" cryptocurrency exchanges such as BitBay and Binance, Malta is…

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How will Google’s Cache product leverage banking links for unique value?
September 26, 2018 BY Valentina Kirilova

Google lifts cryptocurrency ad ban in the U.S. and Japan

Online giant Google has announced that it is ending its ban on crypto-related advertising and intends to allow regulated cryptocurrency exchanges to buy ads in the United States and Japan, CNBC reports. The new policy starts in October. Google's original restrictions, which were announced in March and were rolled out in June, intended to protect consumers…

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fma warning
September 19, 2018 BY Valentina Kirilova

MAS warns against fraudulent website soliciting Bitcoin investments

The Monetary Authority of Singapore (MAS) has informed the public that a fraudulent website has been soliciting investments in Bitcoins using fabricated comments attributed to MAS Chairman and Deputy Prime Minister, Tharman Shanmugaratnam. The name of the website is positivebathhour.com / gulfweedcrab.com and the website’s article on Bitcoins is highly deceptive and misleading. The statements attributed to…

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