Cloud Token and the Rise of MLM Crypto Projects

Cloud Token and the Rise of MLM Crypto ProjectsChinese law enforcement recently busted 72 individuals connected to the Cloud Token (CTO) scam. The Ponzi was similar to the Plustoken fraud and CTO scammers made off with $500 million. According to regional press, the CTO scam artists are likely connected to the Plustoken swindlers. Moreover, after the Cloud Token arrests in China, police in […]

The post Cloud Token and the Rise of MLM Crypto Projects appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

In the Daily: Regulatory Developments in Italy, Mauritius, Malta

In the Daily: Regulatory Developments in Italy, Mauritius, MaltaIn this edition of The Daily we cover recent regulatory developments regarding the use of cryptocurrencies and their associated industries from all over the world. Lawmakers in Italy have approved a definitions mandate, Mauritius has created a crypto custody license, and Malta is set to provide cybersecurity guidance to crypto funds, exchanges and ICOs registered […]

The post In the Daily: Regulatory Developments in Italy, Mauritius, Malta appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

‘Crypto Fund’ Approved to Manage Cryptocurrency Investments in Switzerland

Crypto Fund Gets Go-Ahead to Manage Cryptocurrency Investment Funds in SwitzerlandEmerging Swiss virtual currency fund, Crypto Fund AG, said on Tuesday it had been given an asset management license by the Financial Market Supervisory Authority (Finma). The license allows the company to manage crypto-related investments within Switzerland and to solicit for others elsewhere. Crypto Fund will also be authorized to provide investment advice to corporate […]

The post ‘Crypto Fund’ Approved to Manage Cryptocurrency Investments in Switzerland appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico