70+ Investigations: 40 Regulators Crack Down on Suspicious Crypto Schemes

Forty regulators in the US and Canada are reportedly collaborating in the largest coordinated crackdown on cryptocurrency scams to date by state and provincial officials. The operation has triggered over 70 investigations so far, with 35 cases completed or pending. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Mass Crackdown The North American Securities … Read more

Bitcoin Price Watch: Currency Falls to $8,200

At press time, bitcoin is trading for roughly $8,220 – about $130 less than where it stood yesterday. One source places current resistance levels at $8,600, which bitcoin was previously unable to break. The currency rose to the $8,500 mark 48 hours ago, but has incurred subsequent drops ever since. In addition, bitcoin has also … Read more

Johannesburg Gets a New Crypto ATM, Ban Threatened Harare May Lose One

A new crypto teller machine is now operational in South Africa’s largest city, Johannesburg. The ATM, which supports several digital coins, has been installed at a supermarket in the north-western part of the city’s metro area. It is the latest addition to a growing number of terminals offering automated crypto-fiat exchange services in the country … Read more

PR: eToro Announces Expansion Plans

– Launch of a crypto exchange and wallet – – Bringing crypto offering to the U.S. market – Global investment platform eToro has today announced plans to expand its cryptocurrency capabilities and subject to regulatory approvals will launch an exchange and a digital wallet. eToro will also bring its cryptocurrency offering to the United States, … Read more

Canadian Regulator Warns Investors of Five Cryptocurrency Firms

The Ontario Securities Commission has issued a warning against five unlicensed crypto companies involved in schemes to encourage investors to trade or invest in cryptocurrencies. The regulator started gathering information about these platforms after receiving complaints about them. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Warning to Investors The Ontario Securities Commission (OSC) … Read more

Spanish Regulator Open to Approving Funds Investing Directly in Cryptocurrencies

Spain’s financial regulator has clarified its position on regulated investment funds investing directly in cryptocurrencies. These type of funds are legal under Law 22/2014, and investments can be made through three types of legal entities. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Funds Directly Investing in Cryptocurrencies Spain’s National Securities Market Commission (CNMV … Read more