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A major bank in Thailand has reportedly terminated the bank account of a local cryptocurrency exchange, following an announcement by the central bank prohibiting financial institutions from five cryptocurrency-related activities. Meanwhile, the Thai government is actively working on providing a legal framework for cryptocurrencies. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Bank … Read more
For all the inroads that bitcoin has made on the current financial system, it has yet to threaten their ascendancy. The CEOs of Paypal, Visa, and other legacy payment systems may have been monitoring the rise of cryptocurrencies, but they have not been losing sleep over them. Now, in a frank report to the SEC, … Read more
The increased amount of pump and dump schemes in the cryptocurrency market has prompted the Commodities Futures Trading Commission to issue a Consumer Protection Advisory statement. #REGULATIONS Go to Source Powered by WPeMatico
Big spending may be the only way for Bank of America to compete with cryptocurrency, the bank tells the SEC in its 2017 fiscal report. #NEWS Go to Source Powered by WPeMatico
The SEC investor’s site published a light-hearted article for new crypto investors, telling them to not invest more money than they can afford to lose. #NEWS Go to Source Powered by WPeMatico
Jon E. Montroll, a 37 year old from Texas, is now facing up to 30 years in jail for perjury and obstruction of justice. The operator of Weexchange and Bitfunder is accused of repeatedly lying to the SEC under testimony in an effort cover up massive client losses after being hacked. Also Read: US Federal … Read more
‘Commodities King’ Dennis Gartman has been left with a red face and diminished pension fund after investing in a dubious blockchain company. Shares in Riot Blockchain Inc plunged by 30% following a CNBC investigation, leaving Gartman’s fund in a negative balance for the year to date. The trader has previously described bitcoin as being “nothing … Read more
US SEC and DOJ move against founder of former crypto exchange BitFunder for fraud, obstruction, and perjury. #NEWS Go to Source Powered by WPeMatico
Bipartisan group of US lawmakers seeks crypto regulation, prompted by ‘growing popularity’ of crypto leading to ‘growing risks’. #NEWS Go to Source Powered by WPeMatico
The SEC suspends trading in 3 companies due to questions around their ties to cryptocurrency and Blockchain #NEWS Go to Source Powered by WPeMatico