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UK’s ASA bans crypto ads for failing to highlight involved risks

The UK’s Advertising Standards Authority (ASA) has banned several crypto ads failing to mention that crypto trading comes with immense risk. A report unveiled this news earlier today, noting that the watchdog took this action because the ads were irresponsibly taking advantage of consumers’ inexperience and failing to illustrate the risk of the investment. дальше »

2021-12-16 20:31


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Ari Juels says legislators will focus on crypto risks as CEOs testify in today’s hearing

Six cryptocurrency executives are set to testify before the House Committee on Financial Services today and share their opinions on the rapidly expanding crypto market. These include Circle CEO Jeremy Allaire, FTX CEO Sam Bankman-Fried, Bitfury CEO Brian Brooks, Paxos CEO Chad Cascarilla, Stellar Development Foundation CEO Denelle Dixon, and Alesia Haas, the CFO of […] The post Ari Juels says legislators will focus on crypto risks as CEOs testify in today’s hearing appeared first on Invezz. дальше »

2021-12-10 18:18


Central bank acknowledges Russia's leading role in crypto industry, outlines major risks

The cryptocurrency market is growing at an exceptional rate. In fact, many countries are vying for the top spot in terms adoption. As it turns out, a top contender in the $2.8 trillion market, is RussThe post Central bank acknowledges Russia's leading role in crypto industry, outlines major risks appeared first on AMBCrypto. дальше »

2021-11-26 17:30


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Australian Retirement Fund with $46.8 Billion AUM to Invest in Crypto

Rest Super has revealed during its annual general meeting on November 23, 2021, that it plans to add bitcoin (BTC) and other cryptocurrencies to its balance sheet going forward. The company says it fully understands the risks of volatility associated with digital currencies and as such it will embark on its crypto exposure journey inRead More дальше »

2021-11-24 15:00


There Are “Bigger Risks in Not Participating” in Crypto, says CEO of Australia’s Biggest Bank

Matt Comyn, Chief Executive Officer of Commonwealth Bank of Australia, says one of the most significant risks banks face regarding cryptocurrencies is FOMO, being left out of the market. While crypto assets are “very volatile and speculative,” banks need to trade them due to the insatiable demand from customers and be involved in the adoption […] The post There Are “Bigger Risks in Not Participating” in Crypto, says CEO of Australia’s Biggest Bank first appeared on BitcoinExchangeGuide. дальше »

2021-11-20 17:41


Major Mortgage Lender Abandons Plans to Accept Crypto Payments

United Wholesale Mortgage (UWM), one of the foremost mortgage lenders in the United States, has suspended its plans to accept cryptocurrency payments. In a press release shared earlier this week, the Pontiac, Michigan-based mortgage lender explained that the risks associated with the acceptance of cryptocurrency far outweighed the benefits, and it would not be moving […] The post Major Mortgage Lender Abandons Plans to Accept Crypto Payments first appeared on BitcoinExchangeGuide. дальше »

2021-10-16 23:28


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Here’s What The IMF Has In Store For Mainstream Crypto Adoption

The IMF has warned of the impending risks associated with the crypto boom. The international financial body has called for increased crypto regulation to maintain financial stability. The IMF had criticized El Salvador’s decision to adopt bitcoin as a legal tender, citing the impact that it could have upon the debt ridden nation. The International […] дальше »

2021-10-6 17:45


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FCA Seeks to Regulate Crypto Asset Promotion to Mitigate Risks to Investors

The UK Financial Conduct Authority (FCA) is looking to regulate the promotion of cryptocurrency assets which could cause harm to inexperienced investors. FCA Worried About Celebrity Promotion of Crypto Tokens According to Reuters on Monday (September 6, 2021), the FCA chairman Charles Randell believed that regulators should be able to establish regulatory policies that wouldRead More дальше »

2021-9-7 23:00