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…
Read more
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…
Read more
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…
Read more
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 Maplewalk t/a Prime Crypto. Maplewalk is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm LDC 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…
Read more
FINRA has just announced that it filed a complaint against Timothy Tilton Ayre of Agawam, Massachusetts, charging him with securities fraud and the unlawful distribution of an unregistered cryptocurrency security called HempCoin. This case represents FINRA’s first disciplinary action involving cryptocurrencies. In the complaint, FINRA alleges that, from January 2013 through October 2016, Ayre attempted…
Read more
The Securities Commission Malaysia (SC) has just announced that it has issued a notice directing the promoter of Lavidacoin to cease all promotional activities in relation to Lavidacoin with immediate effect, pending further review by the SC into the matter. DSV Crypto Club, LUX Galaxies and VI Profit Galaxy, who were found to be promoting…
Read more
The Financial Markets Authority (FMA) has just issued a warning against a bitcoin broker called USI-Tech. USI-Tech Website: https://usitech-int.com/ Reason for warning: USI-Tech is not registered on the Financial Service Providers Register to provide financial services in New Zealand. FMA considers that the operations of the entity bear the hallmarks of a scam, therefore strongly…
Read more
The standing committee has warned the public against trading in the digital currencies or what is known as virtual currency for their negative consequences and high risks on traders as they are out of government supervision. The committee assured that virtual currency including, for example but not limited to, the Bitcoins are illegal in the…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Good 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…
Read more