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U.K. Banks Warned to Be Careful With Cryptocurrencies

The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks. дальше »

2018-6-29 18:17


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Nasdaq CEO says: Retail Investors are being put at risk because of Oversight by ICOs

Nasdaq CEO Adena Friedman recently claimed that initial coin offerings (ICOs) pose “serious risks” for retail investors, CNBC reports June 20. Speaking at the Future of Fintech conference in New York on Wednesday, Friedman expressed “real concern” about ICO projects, saying that they can seriously defraud retail investors. Friedman said this is mostly the result дальше »

2018-6-21 06:52


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Bbva Bank Ceo Calls Blockchain ‘Immature’

Carlos Torres, CEO of Spanish bank BBVA, said blockchain technology is “not mature” and faces major challenges, el Economista reported June 18. According to Torres, the main challenges for blockchain are the “volatility of underlying currencies” and possible compatibility issues with tax authorities and financial regulators. Banco Bilbao Vizcaya Argentaria (BBVA) is a northern Spanish дальше »

2018-6-20 05:34


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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas. дальше »

2018-6-13 20:24