Cryptos Must Be Regulated Like Securities: Austrian Regulator

2018-7-2 20:00

Cryptos have risen in popularity around the globe, and Austria hasn’t been left behind. The country has seen a rise in the number of people interested in investing in cryptos, and according to one member of the country’s Financial Markets Authority (FMA), regulation of this industry is long overdue. The member, Helmut Ettl, in an […]

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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.

2018-6-29 18:17