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Sunacrip and Venezuelan Intelligence Police Issue Warning on Cryptocurrency Scams – Emerging Markets Bitcoin News

boss Bitcoin News, News

Sunacrip, the Venezuelan cryptocurrency watchdog, and the Intelligence Police (CICPC) issued a warning for the general population about cryptocurrency scams. The institutions gave a series of recommendations to avoid being scammed by cryptocurrency Ponzi schemes involving the national cryptocurrency, petro (PTR), advising users to always keep their accounts’ passwords secure.

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Binance pushes back against warning from South Africa regulator

boss Exchanges, News

In response to a warning from South Africa’s Financial Sector Conduct Authority, major cryptocurrency exchange Binance has said it is in compliance with local regulators and is not offering financial advice or intermediary services to residents.In a Friday statement from Binance, the crypto exchange implied the warning from the Financial

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South Africa’s financial regulator issues warning against Binance

boss Exchanges, News

South Africa’s Financial Sector Conduct Authority (FSCA) has warned the country’s public against dealing with crypto exchange platform Binance.In a statement issued on Friday, the FSCA stated that Binance Group, an “international company” domiciled in Seychelles, was not authorized to render financial services in the country. Binance is headquartered in

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Cardano defies Peter Brandt’s 90% crash warning, ADA price doubles to new high

boss Exchanges, News

Cardano’s native token, ADA, ignored a serious price crash warning to rally to a new all-time high.The ADA/USD exchange rate reached $2.56 for the first time on Friday, following a 154.54% price boom that started on July 20. In doing so, the pair also ignored veteran trader Peter Brandt’s 60%–90% price

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Australian regulator issues warning about unlicensed crypto businesses

boss Exchanges, News

As crypto breaches mainstream finance, authorities have started issuing warnings to citizens against unregistered crypto businesses. Joining this list is the Australian Securities and Investments Commission (ASIC) as it  Australian investors to be wary of unlicensed entities that offer financial products.In a statement released by the ASIC, the regulator advised Australian

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Spanish officials issue warning on Huobi and Bybit crypto exchanges

boss Exchanges, News

Regulators around the world continue to keep the pressure fresh on crypto businesses. Spain’s National Securities Market Commission (CNMV) is the latest to issue a warning on several crypto- and financial market-related businesses for unregistered services.According to the official document, CNMV has issued warnings on 12 entities on Monday for

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XRP chart triggers sell-off warning after price explodes by 54% in one week

boss Exchanges, News

XRP price almost surged to its three-month high following a strong uptrend continuation on Aug. 14. Nevertheless, its wild weekly run-up triggered overvaluation risks, thus raising possibilities of an imminent price pullback.In detail, the XRP/USD exchange popped 11.78% higher to reach $1.20 for the first time since May 22. The pair's

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IMF issues veiled warning against El Salvador’s Bitcoin law

boss Cryptocurrency Market, News

The International Monetary Fund is warning that some of the consequences of a country adopting Bitcoin as a national currency “could be dire.”According to IMF marketing department financial counsellor and director Tobias Adrian and legal department general counsel and director Rhoda Weeks-Brown, a cryptocurrency like Bitcoin (BTC) may catch on

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$400K Bitcoin predicted this year, NFT warning, Instagram influencer in trouble

boss Cryptocurrency Market, News

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This WeekStock-to-flow creator doesn’t think Bitcoin’s bull market

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Germany’s financial regulator issues retail crypto investment warning

boss Cryptocurrency Market, News

Germany’s Federal Financial Supervisory Authority, or BaFin, has warned investors about the risks involved in cryptocurrency investments.In a consumer protection alert issued on its website on Friday, the regulator offered a cautionary tale about crypto involvement on the part of retail investors.As part of its statement, BaFin echoed similar admonitions

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