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South Africa's financial regulator plans to introduce framework aimed at protecting vulnerable crypto investors: report
10.12.2021
“What we want to be able to do is to intervene when we think that what is provided to potential customers are products that they don’t understand that are potentially highly risky,” said Unathi Kamlana
Bank of Russia Rejects Provision of Crypto-Related Financial Services
7.12.2021
Russia’s central bank has voiced opposition to the provision of financial services related to cryptocurrencies. The monetary authority believes such offerings would go against the interests of Russian investors as they are highly risky. Central Bank of Russia Unwilling to Allow Financial...
US SEC Charges Man With Defrauding Crypto Investors in Two Digital Asset Securities Offerings
5.12.2021
The U.S. Securities and Exchange Commission (SEC) has charged a citizen of Latvia with defrauding investors in two crypto offerings. The fraudster “used fake names, fictitious entities, and fraudulent profiles to perpetrate his schemes, and misappropriated nearly all of the investor funds...
Without staking, institutional crypto investors cannot escape inflation
4.12.2021
If institutional investment is going to drive the growth of PoS token markets, it will need to participate in networks in addition to owning them
Finance Committee Approves Legislation Delaying Crypto Tax in South Korea
30.11.2021
Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks to delay Seoul’s plan to impose a 20-percent levy on gains from crypto transactions. Ahead...
26% of crypto investors in Japan tried out NFTs: Survey
26.11.2021
Major Japanese cryptocurrency exchange Coincheck launched its own NFT marketplace back in March 2021
16% of Surveyed Americans are Crypto Investors, Traders, Users - Think Tank
12.11.2021
Cryptocurrencies are rapidly gaining popularity among US adults, with 16% of respondents admitting they have invested, traded or used cryptocurrencies, according to a recent survey by nonpartisan think tank Pew Research Center.
In 2015, responding to an earlier survey by the center that...
India’s Central Bank RBI Reiterates ‘Serious Concerns’ About Crypto — Governor Doubts Reports on Indian Crypto Investors
12.11.2021
India’s central bank, the Reserve Bank of India (RBI), still has “serious concerns” about cryptocurrency from a macroeconomic and financial stability standpoint. Furthermore, RBI Governor Shaktikanta Das says he doubts the veracity of the number of Indian crypto investors...
Austria Plans to Tax Cryptocurrencies Like Stocks, Vows Equal Treatment
12.11.2021
As a growing number of governments are looking to tap into crypto profits, authorities in Austria have indicated their intention to tax gains from digital asset investments just like those from stocks and bonds. The move is expected to increase trust and access to cryptocurrencies. Austria to Apply...
Kazakhstan Imposes Purchase Limits on Retail Crypto Investors
5.11.2021
Authorities in Kazakhstan have introduced restrictions on the amounts of cryptocurrency retail investors can buy on local exchanges. Officials explained the decision citing the need to protect private individuals from exposure to the risks associated with digital financial assets. Investors...
Mark Cuban and Voyager CEO Advise How to Get Into Crypto, Offer Tips for New Investors
1.11.2021
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, and the CEO of crypto trading platform Voyager have given some advice to people thinking of starting to invest in cryptocurrencies. “You don’t have to spend a lot of money in order to learn. It’s...
Mad Money’s Jim Cramer Invests in Crypto Because ‘There Could Be Millions of Greater Fools Out There’
31.10.2021
The host of Mad Money, Jim Cramer, has some advice for crypto investors. “As long as you recognize the very real possibility that the whole investment case for crypto rests on the greater fool theory, you’ve got my blessing to speculate on it,” he said. Cramer added that he...
Puerto Rico sees resurgence of interest among crypto rich
27.10.2021
Crypto capital is moving to Puerto Rico as tax regulations are much more favorable than in the U.S. proper
Thai Prime Minister Cautions Investors Getting Into Crypto as Interest in Digital Assets Soars
24.10.2021
The prime minister of Thailand has cautioned investors getting into cryptocurrencies, noting that they are volatile and highly speculative. Recently, interest in cryptocurrencies has soared as young investors in the country discovered that they could make money quickly by investing...
Celebrities Need to Avoid Deceiving Inexperienced Crypto Investors
22.10.2021
Mark Taylor is the Head of Financial Crime at the CEX.IO crypto exchange.___
In the past few months, influencers and celebrities have been increasingly promoting crypto projects. While many work with prominent businesses, it’s not uncommon to see paid posts from well-known individuals advertising...
Competition and Hype Drive Young Crypto Investors, UK Watchdog Finds
21.10.2021
A sizable majority of young investors seeking high-risk opportunities are motivated by competition and hype, a new survey has indicated. They often turn to cryptocurrency and forex products, according to the poll conducted by the U.K.’s financial regulator. FCA Launches...
Concierge Service Catering to Crypto Whales Sees 500% Increase in Clients Over the Last 6 Months
19.10.2021
On Tuesday, Concierge.io, the exclusive travel service backed by Travala.com announced it added new luxury services in order to give crypto investors “a more premium experience to live out their travel dreams.” The concierge service for “the crypto world’s elite”...
Dutch Crypto Investors Enters Into a Collaboration with TryHards
19.10.2021
TryHards finally announced entering into a metaverse association with Dutch Crypto Investors. The collaboration will accelerate the growth and development of Try Hards, whose core mission is to promote the creation of blockchain and cryptocurrency projects for educating the community and spreading...
Pantera CEO Wants a Reminder the Day Before a US Bitcoin ETF Launches — ‘I Might Want to Take Some Chips off the Table’
11.10.2021
On October 6, Pantera Capital published an investor’s note written by Dan Morehead, the company’s CEO. Unlike the myriad of crypto investors who believe that a bitcoin exchange-traded fund (ETF) will send the crypto asset’s value to the moon, Morehead explains it could be...
Russian Parliament to Consider Restrictions for Non-Qualified Crypto Investors
8.10.2021
Cryptocurrency can be quite complicated for some and lawmakers in Russia think they need to contemplate restrictions for private investors. According to a high-ranking representative of the legislature, the Russian parliament needs to provide them with “maximum protection” against...