Cryptocurrency Analysis and News Portal
The new commissioner of Japan’s Financial Services Agency (FSA), Junichi Nakajima, believes the country needs to think carefully before making Bitcoin (BTC) and other cryptocurrencies more accessible to the general public.Nakajima believes crypto assets like Bitcoin have the potential to benefit the public as a quick and cheap way to transfer
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The United States Securities and Exchange Commission, or SEC, has charged crypto exchange platform Poloniex for breaching securities trading regulations.According to an announcement by the SEC on Monday, Poloniex offered trading of cryptocurrencies deemed securities to U.S. investors on its platform between July 2017 and November 2019 without duly registering
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In an interview with Cryptox, Adam Traidman, the CEO of wallet provider BRD, recounted operating a phone support line for cryptocurrency users during the company’s infancy.After starting BRD, formerly Breadwallet, in 2015, Traidman recalls the firm’s CMO deciding to launch the "Bitcoin Therapy Hotline" without consulting the firm’s other executives.Traidman
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Indian police have registered a case against five individuals suspected of involvement in a cryptocurrency scam that has defrauded investors since 2017.Despite operating for several years, the scammers are only believed to have made away with a modest bounty of roughly $34,200.The group is believed to have solely operated in
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United Kingdom-based blockchain firm L3COS has submitted a proposal to the Bank of England, or BoE, for a blockchain-based operating system to power a central bank-issued digital currency, or CBDC.L3COS described the proposal as a response to the consultation document on CBDC published by BoE in March — which identified
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Bitcoin ATM provider Bitstop has partnered with Simon Property Group in a bid to expand the coverage of cryptocurrency ATMs across the country in malls.The new locations for the ATMs include Carlsbad Premium Outlets in Carlsbad, Califronia, Mall of Georgia in Budford in Georgia, Miami International Mall in Miami, Sawgrass
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German regulator federal financial supervisory authority (BaFin) issued a warning against Bulgarian cryptocurrency broker 5 Capital on Nov. 11.The regulator has barred 5 Capital from operating in the country since the firm illegally offered Contracts for Difference (CFDs) designed to expose clients to the price movements of cryptocurrencies.Operating without
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