Category: Cryptocurrency

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Which Markets Could Benefit the Most from Crypto?

  Pavel Matveev is the CEO and Co-Founder of the major blockchain-based payments platform Wirex.  __________… Read More: Which Markets Could Benefit the Most from Crypto?  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Central Bank of Armenia Urged to Regulate Cryptocurrencies

Calls have been issued in Armenia for the central bank to do its job and put the country’s crypto space in order. Both government regulators and representatives of the financial sector insist that the industry needs regulation to prevent the use of cryptocurrencies for illicit purposes. Bankers and Tax Officials in Armenia Call for Crypto…
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Venezuelan Sunacrip Tightens Control on Transactions Made Using Unauthorized Exchanges

Sunacrip, the Venezuelan cryptocurrency watchdog, has issued a new internal providence that defines the guidelines it will follow in dealing with reports of suspicious activity related to fintech platforms. The document describes that the use of unauthorized platforms might constitute a suspicious activity, which could ostensibly lead to penalties of $15,000 for its customers. …
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Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters

The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said due to the prosecutor’s inaction, more victims are losing millions of dollars to the fraudsters. Prosecutor Refusing to Take Action Against Ruja Ignatova’s Mother A…
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The Crypto Industry Needs to Unite to Bring Together a Global Regulatory Framework

  Valentina Drofa is the Founder and CEO of Drofa Comms, an international PR consultancy for financial and fintech companies.______… Read More: The Crypto Industry Needs to Unite to Bring Together a Global Regulatory Framework  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Just 18% of Respondents Do Not Expect Bitcoin to Become Legal Tender in 3 Years – Survey

  Potentially fueling a bullish approach to bitcoin (BTC) investments, only 17.9% of surveyed individuals said that they do not expect BTC to become legal tender within three years, according to a recent report prepared by The Economist Group and commissioned by crypto platform Crypto.com…. Read More: Just 18% of Respondents Do Not Expect Bitcoin…
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Global Insurers Start Investing in Crypto Amid Risk-On Investment Approach

  Global insurers aim to maintain a risk-on investment approach, with higher allocations to private equity, green bonds, and middle-market corporate loans, but also cryptoassets, according to a report by Goldman Sachs Insurance Asset Management. The survey represents the views of 328 chief investment officers and chief financial officers handling more than USD 13tn in…
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Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments

The bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The legislation is yet to be finalized and will not be reviewed by lawmakers in the near future, Anatoly Aksakov revealed in an interview, despite Bank…
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Soros’ Fund CEO Says Crypto is Here to Stay, Warns of Recession and FOMO Trap

  Crypto is “here to stay,” but a recession may be around the corner and investors should beware of “FOMO,” according to Soros Fund Management CEO and Chief Investment Officer Dawn Fitzpatrick. Speaking in a video interview with Bloomberg, Fitzpatrick said that crypto is not going away any time soon as “it has gone mainstream”…
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Alleged Hydra Administrator Refuses to Provide Access to His Crypto Wallet, Report Claims

A Moscow court has ordered the seizure of the crypto wallet of one of the alleged administrators of darknet market Hydra. Media reports reveal, however, that the man — who was arrested in Russia in mid-April — is refusing to share access to his presumed crypto stash with Russian law enforcement. Investigators Fail to Obtain…
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