Tuesday, February 19, 2019
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Bank of Spain Warns Citizens Against Crypto Given Lack of Local Regulations

Spain’s central bank has issued a reminder to citizens warning of the risks involved in transacting unregulated cryptocurrencies. The Bank of Spain’s notice, issued Feb. 10, followed an official blog post published two days earlier, which had outlined the institution’s stance on cryptocurrencies, their characteristics, and their legal status in

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Ukrainian Crypto Exchange Liqui Shuts Down, Cites Lack of Liquidity

Ukraine-based crypto exchange Liqui is shutting down its services, citing a lack of liquidity, Cointelegraph Japan reports today, Jan. 28.Liqui said it decided to close all accounts and stop providing services because it currently does “not see any economic point in providing” them in a statement posted on its official

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63 Percent of Senior Execs Lack Understanding of Blockchain Tech

In a survey of institutional investors by the Global Blockchain Business Council (GBBC), 63 percent of respondents believe that senior business executives have a poor understanding of blockchain technology. Cointelegraph acquired a copy of the study on Jan. 22.In December and January the market research company PollRight interviewed 71 institutional

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Lack of ETNs Keeps Wall Street Away From Bitcoin, Says CBOE Analyst Ed Tilly

Ed Tilly, CEO, president and chairman at the Chicago Board Options Exchange (CBOE), declared that there is a need for Bitcoin (BTC) exchange-traded notes (ETNs) in order for Wall Street institutional investors to join the crypto space. Financial newspaper Business Insider reported on Tilly’s comments on Jan.18.According to the aforementioned

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Lack of Widespread Crypto Knowledge Could be Stunting the Market’s Growth

2018 has been a rough year for the crypto markets, with Bitcoin, the market’s largest digital asset by market cap, falling from highs of nearly $20,000 one year ago to recently established lows of just over $3,000. The tumultuous market conditions throughout 2018 have disheartened many investors and has led the

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PwC Warns Lack of Insurance Access Is Hindering Crypto Businesses

Cryptocurrency businesses find it “almost impossible” to get insurance and this is deterring investors, Big Four auditor PricewaterhouseCoopers (PwC) told Reuters Dec. 20.In comments focusing on the global fintech market, Henri Arslanian — the firm’s fintech and crypto leader for Asia — highlighted the contradictory status quo industry businesses face

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