Abu Dhabi Financial Regulator is Regulating Cryptocurrency Industry

Abu Dhabi Financial Regulator is considering Cryptocurrency Framework Abu Dhabi’s international financial center is considering regulations for the cryptocurrency industry, the regulation has been expected to see the exchanges and intermediaries move into the financial zone. The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market told that it …

Gibraltar’s Government is Stepping Forward to Regulate ICOs

Gibraltar’s Government will regulate ICOs Gibraltar’s government and Gibraltar Financial Services Commission (GFSC) has declared that in the upcoming days it will develop a draft which will regulate Initial Coin Offerings (ICOs) in the British overseas territory. The lawmakers say that the draft law has planned to regulate the promotion, …

UK and U.S Government Websites are Infected with the Crypto-Mining Malware

Crypto-Mining Malware has Affected U.S and UK Governments Websites The Register reported that thousands of websites, which are driven by U.S and UK government agencies were affected for so many hours on Sunday with code which causes the web browsers secretly mine cryptocurrencies. More than 4,200 websites were infected with …

There is a lot of FUD about XRP, Ripple CEO Brad Garlinghouse says

Ripple CEO Brad Garlinghouse said that There is a lot of FUD about XRP The price of Ripple has grown 32,000% in 2017. It was a huge surge, it has grown even though few people buying up XRP don’t know anything about the company and the technology behind it. In …

Facebook couldn’t become successful towards banning Cryptocurrency Ads

Cryptocurrencies’ Ads find their own way Promote themselves on Facebook Cryptocurrency ads have found their own way to get promoted on Facebook, even though if it is banned. The Cryptocurrency and ICO ads and campaigns are getting placed through using popular email spammers by changing the spelling. In one of …

Barclays is also Stopping the Customers Purchasing Cryptocurrency from Credit Cards

Buying cryptocurrency through credit card is now not allowed in Barclays Bank Barclays is also following other major bank’s move in the U.S and other countries in order to stop their customers buying bitcoin and cryptocurrencies from Credit cards. Paul Wilmore, managing director at Barclaycard, told: “We are making the …

Bitcoin will Dominate the World Without Trust, says Economist

An Economist says Bitcoin will Dominate the world Without Trust According to Antoine Martin, economist Federal Reserve of New York, Senior Vice President of the Bank’s Research and Statistics Group says that customers trust companies and their currencies are at least in the US and other developed countries. Cryptocurrencies are …

Bitcoin is only for Toy Collectors but not for any Serious Investors

Bitcoin is for Toy Collectors says, Minneapolis Fed President Neel Kashkari Minneapolis Fed President Neel Kashkari told: “If you live in any modern advanced economy, I would stick with the dollar, I would stick with the yen and leave bitcoin for the, you know, toy collectors.” Bitcoin grew 2,000 percent …

Speakers at Yahoo Finance’s Cryptocurrency conference warned Cryptocurrency Investors

Cryptocurrency Investors has been warned at Yahoo Finance’s cryptocurrency conference At Yahoo Finance’s cryptocurrency conference on Wednesday, speakers kept banging the drum of personal responsibility. The audience was repeatedly warned about cryptocurrencies risks and asked whether they research before investing into any cryptocurrency or not, especially if they don’t understand …

New York has mandated Strong Fraud Controls over Crypto Companies

Crypto Companies In New York has been Mandated with Strong Fraud Controls The New York State Department of Financial Services (NYDFS) is making Strong fraud control rules for companies which will be mandatory and for those which offer cryptocurrency services in the state. In a Wednesday statement, the office, which …