A FinTech conference with participants such as the Bank of Japan, the International Monetary Fund (IMF) and the Financial Services Agency (FSC) of Japan was held recently in Tokyo. In regards to this event, Masayoshi Amamiya, the Deputy Governor of the Bank of Japan, published a document called “Central Banking in the Digital Age” in […]
New York maintained a strict stance towards the cryptocurrencies when it comes to the cryptocurrency exchange. Now, the Attorney General of New York, Eric Schneiderman, announced an investigation of a group of cryptocurrency exchanges in order to get to know their processes for the prevention of risks and financial crimes. The investigation is part of […]
Joel Robideaux, the mayor-president of the town of Lafayette in the US state of Louisiana, announced the plans to create and launch a local cryptocurrency, a tool that would boost the technological development of the governmental platforms and the third-party investments in the town. According to local media sources, Robideaux presented the proposal during the […]
The cryptocurrency market experienced a growth during the last week, after several months of bearish trend. At the middle of last week the price of Bitcoin went up by more than 1000 dollars in just a couple of hours. The price of Ethereum went up by more than 100 dollars and its price is currently […]
On April 12th, commissioners from the European Parliament presented a proposal for an amendment to include the cryptocurrencies in the regulation of the financial system of the European Union with the goal of preventing the illicit use of cryptocurrencies. The amendment proposes to amplify the reach of the regulators and the obligations of the participants […]
Owners of cryptocurrencies are exposed to different types of frauds. According to recent information published by the media, numerous cases of fraud related to the cryptocurrency sector were reported in the United States of America, Vietnam, Canada and the Philippines. The affected people were tricked after they invested money in fraudulent initial coin offerings (ICOs) […]
Regulatory entities in Taiwan and Australia recently announced the introduction of new measures to control the money laundering, the financing of terrorism and the cyber crimes related to the use of cryptocurrencies. In Australia, the measures consist in the application of a law that involves the cryptocurrency exchanges, while Taiwan is preparing a regulatory project […]
According to the Texas State Securities Board, a large number of promoters and advisors for cryptocurrency investments on the territory of Texas could be frauds. The board published a report on 14 pages in which it says that none out of 32 advisors for cryptocurrency investments investigated during one month was licensed by the government […]
Ofo is a Chinese bicycle rental company and it recently announced a new features in its app for the users in Singapore. The new feature is a reward program based on the blockchain technology. The reward program is part of a new campaign launched by Ofo. The campaign is called “Ride and Mine” and the […]
The Japanese cryptocurrency market is beginning to show some interesting results after young workers in the country were surveyed. R25 is a Japanese research institute that organized the survey about the possession of digital money among young workers in the country. The company surveyed 4,374 Japanese office workers between 25 and 30 years old. According […]