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Parliament of West Africa Economic Block Cautions Against Use of Cryptocurrencies

The parliament of the Economic Community of West African States (ECOWAS) has joined the list of African organizations that have cautioned against the use of cryptocurrencies. In its warning to West Africa crypto users, the legislative body insists these digital assets are too volatile and as such “their use on the African continent is not […] дальше »

2021-7-11 09:30


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Norwegian Financial Regulator Cautions About Bitcoin Investing as Price Tumbles

The Financial Supervisory Authority of Norway (Finanstilsynet) has cautioned investors about investing in cryptocurrencies as the price of bitcoin plunged Tuesday. “There is a strong need for a legal framework and investor protection if cryptocurrency is to be able to become a suitable form of investment for consumers,” the regulator’s consumer coordinator wrote. Norway’s Financial […] дальше »

2021-6-24 13:30


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Elon Musk Sees Dogecoin as ‘Stimulus for People Kicked by Pandemic’ but Says ‘Please Invest With Caution’

Spacex and Tesla CEO Elon Musk sees dogecoin as his “private stimulus for the people” that represents “legit hope for people” hit by the coronavirus pandemic. While the price of dogecoin has been pumping alongside a number of other cryptocurrencies, Musk cautioned, “Cryptocurrency is promising, but please invest with caution.” Elon Musk Sees Dogecoin as […] дальше »

2021-5-9 20:00


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Bitcoin maximalists blast Ethereum’s Vitalik Buterin after he cautioned against buying crypto with personal loans

Ethereum’s founder Vitalik Buterin has recently advised against a crypto-investment style that recently went viral on crypto-twitter. Peter McCormack, a Bitcoiner who loaned $46,250 to purchase Bitcoin was a subject for discussion among crypto-twitter, who were largely displeased with the Bitcoiner’s investment choices. дальше »

2020-12-17 22:56


NY Investment Firm, AllianceBernstein Says Investor Portfolios Should Hold 1% to 10% BTC

One of the top New York investment firms, AllianceBernstein, is finally switching its calls on Bitcoin, stating investors need to own about 1% to 10% of the crypto in their portfolios. The multi-billion investment firm had previously cautioned investors from the top crypto due to BTC's volatility and regulatory risks. дальше »

2020-12-2 22:46


Coinbase Front-Runs an Upcoming “Negative” New York Times Article

On Wednesday, Coinbase not only cautioned the industry of the Treasury Secretary's intentions to regulate self-custodied wallets but showed another bout of transparency. In its attempt to front-run the New York Times, the San Francisco-based cryptocurrency exchange said NYT is “planning to publish a negative story about Coinbase” in the next few days regarding its […] The post Coinbase Front-Runs an Upcoming “Negative” New York Times Article first appeared on BitcoinExchangeGuide. дальше »

2020-11-27 19:34


Three Ways the Coronavirus Market Correction Could Play Out

The coronavirus stock market correction arrived on 25 February, when Wall Street came to the realization that the Covid-19 outbreak could not be contained in China. The correction began as cases were spiralling out of control in South Korea and Italy, and the top Centers for Disease Control cautioned the US that, “This could be […] The post Three Ways the Coronavirus Market Correction Could Play Out appeared first on ItsBlockchain. дальше »

2020-3-25 13:35


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Laos Central Bank Wary of Cryptocurrencies’ Use in Money Laundering

The central bank of Laos has warned commercial banks, financial institutions, and investors not to buy, sell or use cryptocurrencies, reports local media outlet Vientiane Times, May 21, 2019. Laos Does Not Want Cryptocurrencies Laos’ central bank, the Bank of the Lao People’s Democratic Republic (PDR), has cautioned financial market players against digital currency transactionsRead MoreRead More. дальше »

2019-5-22 18:00


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IMF: Crypto Growth ‘Could Create Vulnerabilities’ In Economy

The International Monetary Fund (IMF) briefly cautioned on the impact of cryptocurrency as part of a new report on global finances. Report Highlights ‘Sources Of Risk’ The body’s World Economic Outlook, highlighting “challenges to steady growth” going forward, suggested a relationship between cryptocurrency usage and the economy becoming more “vulnerable. дальше »

2018-10-9 18:00


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Bank of Korea: Infamous ‘Kimchi Premium’ May Reappear in Bitcoin Markets

The Bank of Korea has warned that significant price differences between South Korean exchanges and those abroad, or the “Kimchi Premium,” may emerge in the coming years. Kimchi May Strike Back According to local outlet No Cut News, South Korea’s central bank cautioned officials of another “Kimchi Premium”-like situation if regulations and crypto trading frameworks […] The post Bank of Korea: Infamous ‘Kimchi Premium’ May Reappear in Bitcoin Markets appeared first on CryptoSlate. дальше »

2018-9-12 07:00


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The head of the Bank for International Settlements (BIS) continued the institution’s critical stance on cryptocurrency, saying it “cannot assume the functions of money,” BIS reports July 4.

The head of the Bank for International Settlements (BIS) continued the institution’s critical stance on cryptocurrency, saying it “cannot assume the functions of money,” BIS reports July 4. Speaking to Swiss newspaper Basler Zeitung last week, subsequently published by BIS itself, general manager Agustin Carstens cautioned “young people” against “trying to create money,” drawing comparisons дальше »

2018-7-5 16:55


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U.K. Banks Cautioned to Be Conservative with Cryptocurrencies

The Bank of England has warned U.K. lenders to study cryptocurrencies before doing business in the space. While acknowledging the benefits of the underlying distributed ledger, the deputy governor believes the high price volatility and relative illiquidity of cryptocurrencies are good enough reasons why financial institutions need to be careful when dealing with crypto assets. дальше »

2018-6-29 21:16


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BoE: Cryptocurrencies Pose ‘Reputational Risks’

The Bank of England has reportedly cautioned City bosses away from implementing cryptocurrencies into their business plans — citing all the usual reasons one has probably come to expect. ‘Reputational Risks’ “In their short history, crypto-assets have exhibited high price volatility and relative illiquidity,” wrote Bank of England Deputy Governor Sam Woods in a letter to the chief executives of banks, insurers, and fund managers — as reported by The Telegraph, adding: Crypto-assets also raise concerns Read More The post BoE: Cryptocurrencies Pose ‘Reputational Risks’ appeared first on Bitcoinist.com. дальше »

2018-6-29 05:00