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Nalezeno "AI Risks": 887

SEC warns investors of the risks with Bitcoin futures

11.6.2021
The SEC has warned that “investors should understand that Bitcoin, including gaining exposure through the Bitcoin futures market, is a highly speculative investment.”

IMF Voices Concerns Over El Salvador Making Bitcoin Legal Tender

11.6.2021
The International Monetary Fund (IMF) has warned of “a number of macroeconomic, financial and legal issues” surrounding El Salvador making bitcoin legal tender. “Crypto assets can pose significant risks and effective regulatory measures are very important when dealing with...

Kenyan Banks Warn Clients Against Crypto Trading

8.6.2021
A few Kenyan banks have started sending out warning alerts to clients engaged in cryptocurrency trading to be wary of the associated risks. These warnings have reportedly been sent to clients who have “used their credit and debit cards to buy cryptocurrencies on crypto exchanges.”...

Zimbabwean Fintech Lawyer and Proponent Pushes for Crypto Regulation via Private Legislative Bill

28.5.2021
A Zimbabwean fintech lawyer, Prosper Mwedzi, recently initiated a process that seeks to bring recognition and regulation of cryptocurrencies. Under this private member bill procedure, a legislative proposition initiated by private citizens will be debated in the Zimbabwean parliament. If the crypto...

Bitcoin Mining Operations Btc.top and Hashcow Cease Offering Services in China

24.5.2021
Following some stern warnings from a few major trade associations and regulators in China, two prominent exchanges, Huobi and Okex, have stopped offering services to Chinese residents. After the two exchanges halted specific services to residents of mainland China, two bitcoin mining operations...

Spanish Regulator Issues Guidelines for Fund Managers Planning to Invest in Cryptocurrencies

18.5.2021
The Spanish financial regulator is easing the entity’s tough stance towards cryptocurrencies by announcing an unprecedented measure that green lights institutional investors to enter into such business decisions. The National Securities Market Commission (CNMV) unveiled guidelines that...

Bitcoin still on track to $100K despite growing risks, says strategic investor Lyn Alden

15.5.2021
Strategic investor Lyn Alden's outlook on Bitcoin remains bullish despite growing risks

Bank of Korea wants to monitor crypto trading activity, cites monetary risks

13.5.2021
South Korea’s central bank is the latest entity seeking powers to monitor crypto trading activity in the country

SEC warns of Bitcoin futures risks in mutual funds

12.5.2021
The U.S. SEC will monitor the compliance of mutual funds with exposure to Bitcoin futures and look into whether the market can accommodate an ETF

Iran Warns Crypto Investors Amid Ban on Bitcoin Mined Outside Its Borders

8.5.2021
The Central Bank of Iran has issued a warning against unrestrained crypto trading and reminded investors that only cryptocurrencies minted by licensed miners in the Islamic Republic can be used under limited circumstances. Traders will bear full responsibility for the risks, the bank cautioned...

Wealth Manager Vaneck Files Application for an Ethereum ETF, Aims for Cboe BZX Listing

8.5.2021
Public documents show the wealth manager Vaneck has applied for an ethereum based exchange-traded fund (ETF). Vaneck Digital Assets’ Form S-1 filing with the Securities and Exchange Commission (SEC) was filed on May 7, while the company’s bitcoin-based ETF is still under review. While...

Ghana Regulator Labels Crypto Transactions Illegal— Urges People to ‘Stay Away From Them’

4.5.2021
Ghana’s Securities and Exchange Commission (SEC) recently warned residents of the West African country to avoid cryptocurrency transactions of any form. In the warning, the regulator reiterated that “cryptocurrencies are illegal in the country and are not regulated by the commission...

Nigerian Regulator Issues ‘Extreme Caution’ Crypto Investments Warning

28.4.2021
Nigeria’s Economic and Financial Crimes Commission (EFCC) has become the latest body to warn of risks associated with cryptocurrency investments. In a public warning, the law enforcement agency argues that investing in cryptos “is a high-risk activity as the terrain is largely...

Why Cryptocurrencies are Plummeting? How to Avoid Risks?

23.4.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists. On 23rd April, Bitcoin fell to 50,000 USD, reaching a record low in these few months. In only one day, Bitcoin, which once stood at a height of 64k USD, fell more than 10k USD, a drop of more than 16%. In...

Simple steps to safeguard your wallet from unlimited ERC-20 allowance risks

21.4.2021
The funds in your ERC-20 wallet could be at risk if you continue to grant unlimited approvals to decentralized applications

Sri Lanka’s Crypto Regulation: Central Bank Warns of Cryptocurrency Risks, Unlicensed Exchanges

12.4.2021
The Central Bank of Sri Lanka has published a warning notice about the risks associated with cryptocurrency as interest and trading volumes of bitcoin and other cryptocurrencies surge locally and globally. Sri Lanka’s Central Bank Warns About Bitcoin The Central Bank of Sri Lanka...