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NY Attorney General warns investors and crypto firms of 'extreme risks'
2.3.2021
New York Attorney General Letitia James has issued an investor alert against the "wild price swings and extreme risk" of crypto trading
Central Bank of Nigeria Governor Defends Decision to Exclude Crypto Players, Says the Order Is ‘in the Best Interests of Nigerians’
26.2.2021
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has defended the apex bank’s decision to exclude cryptocurrency transactions from the banking ecosystem. In his testimony before the Nigerian Senate, Emefiele claimed that the February 5 directive is “in the best...
Spanish Treasury Secretary Says Cryptocurrencies Carry a ‘Risk of Default’, Repeats Bank of Spain’s Lack of Regulation Rhetoric
17.2.2021
The government of Spain continues to harden its stance against widely adopting cryptocurrencies. The Spanish Secretary of State for the Economy recently expressed her concerns on risks that she thinks cryptos possess for the national economy. Secretary Doesn’t Like Bitcoin as It Cannot...
El Español Says Spanish Authorities Joint Statement Is a Warning to Companies in the Wake of Tesla’s BTC Buy
14.2.2021
The Spanish financial markets watchdog and the country’s central bank criticized — again — cryptocurrencies as an investment asset. The entities issued a joint statement warning about the high risks the cryptocurrency market poses. Document: Crypto Adoption as a Payment Means...
US Treasury Secretary Janet Yellen Says ‘the Misuse of Cryptocurrencies Is a Growing Problem’
12.2.2021
Janet Yellen, the new U.S. Treasury Secretary, has warned about “a growing problem” from “the misuse of cryptocurrencies.” She emphasized that “cryptocurrencies have been used to launder the profits of online drug traffickers; they’ve been a tool to finance...
Anti-Privacy Regulations Pose Risks for Crypto Investors, Bank of America Says
10.2.2021
Cryptocurrencies "challenge the ability of governments to levy taxes and to control capital flows more broadly," the report says
Central Bank of Nigeria Denies It Has Placed New Restrictions on Cryptocurrencies — Uses Debunked Claims to Justify New Directive
10.2.2021
Following the outcry over the Central Bank of Nigeria’s latest directive that targets cryptocurrencies, the institution has reaffirmed its stance with another statement. In the latest five-page document, the CBN insists that this directive is intended to protect the country’s financial...
XRP risks losing top-5 crypto status as Polkadot, Cardano market caps hit $21B
9.2.2021
A second usurping of XRP by Polkadot leaves it perilously close to exiting the top five cryptocurrencies by market cap
'DeFi Will Eat JPMorgan' But There Are Risks Before That Meal
3.2.2021
Decentralized finance (DeFi) protocols are estimated to grow in a decade or two to tower over legacy financial substitutions, such as major US-based investment bank JPMorgan, but there are specific, inherent risks that still need to be dealt with.
"DeFi will eat JPMorgan," according...
US Federal Reserve Seeking Manager to Research CBDCs and Stablecoins
2.2.2021
The U.S. Federal Reserve (Fed) has posted a job advertisement that seeks to hire a role related to stablecoins and central bank digital currencies (CBDC). The Fed is looking for a research manager to join its team to assess the “benefits and risks” of digital assets. The Role Is Part...
Study: 60% of Digital Asset Holders Store Funds on Exchanges While Half Derive an Income From Crypto
29.1.2021
Despite the risks that come with storing crypto assets with third parties, the findings of a new study suggest many cryptocurrency holders still trust exchanges with the safekeeping of their funds. Conducted by Binance Research, the study finds that 60% of “the general population store their...
First Mover: Risks Nobody’s Ever Seen, From the Fed to Tether (and GameStop)
27.1.2021
Risks surrounding the stablecoin tether (USDT) have been known for years, but they're commanding fresh attention as the amount outstanding swells to $25B
Projects weigh security risks, benefits of liquidity pool token collateral
19.1.2021
Liquidity pool token-backed collateral could bolster DeFi's TVL, but can it be used securely?
BTC crash, DOT crushes XRP, man risks losing $262M: Hodler’s Digest, Jan. 10–16
16.1.2021
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!
New Zealand’s Financial Watchdog Warns on Crypto Investment Risks
12.1.2021
The warning comes a day after the regulator's U.K. counterpart, the Financial Conduct Authority, also raised similar concerns
Bitcoin: Volatility Hit Again, How To Make Profit and Reduce Risks
12.1.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Bitcoin is having one of its volatile episodes again. After making several parabolic moves and reaching $40,000, Bitcoin was pushed back to $35,000 in a matter of a few hours. About $170 billion were wiped...
Buy the dip? Bitcoin price risks losing $30K as traders ‘manage risk’
11.1.2021
Some well-earned miner profit-taking combines with a natural pause in the Bitcoin bull run to see the market revisit essential support levels
FCA warns of crypto investment risks as Bitcoin dives below $33K
11.1.2021
The Financial Conduct Authority has warned the public about crypto investment as Bitcoin dove below $33,000
Major South Korean Bank Shinhan Is Set to Offer Crypto Custody-Related Services
9.1.2021
A major commercial bank in South Korea is entering the crypto business by allocating an equity investment in the Korea Digital Asset Trust (KDAC). Shinhan Bank is looking to offer digital asset custody services. Bank Expects to Offer Tech Capabilities to Face Defi-Related Hacking Risks According...
JPMorgan Predicts $146K Bitcoin Price as Competition With Gold Escalates
7.1.2021
JPMorgan’s analysts have made a case that bitcoin’s price could reach $146,000 as the cryptocurrency’s competition with gold heats up. Meanwhile, the firm’s global strategist sees the current bitcoin bull run as being similar to the bull run of 2017. He warns of three risks...