Search Results for: virtual currency
FCA UK Warns About Investing In Cryptocurrency CFDs
November 15th, 2017
The Financial Conduct Authority, the conduct and prudential regulator for financial services firms and financial markets in the UK, has issued a warning to inform public and investors in relation to the risks of investing in cryptocurrency CFDs. Contracts ...
U.S. financial regulator releases Primer on Virtual Currencies
October 18th, 2017
The Commodity Futures Trading Commission’s LabCFTC released, “A CFTC Primer on Virtual Currencies.” This primer is the first of a series that LabCFTC will release to provide fundamental, and essential, information about financial technology (FinTech) innovation. “LabCFTC believes that ...
IMF Head: Cryptocurrency Could Be the Future
October 3rd, 2017
Christine Lagarde sees a path ahead for cryptocurrency. The managing director of the International Monetary Fund, or IMF, talked up the potential of virtual currencies to supplant traditional monies in coming decades on Friday. Cryptocurrencies, or virtual currencies, are ...
South Korea bans all new cryptocurrency sales
September 29th, 2017
South Korea’s financial regulator on Friday said it will ban raising money through all forms of virtual currencies, a move that follows similar restrictions in China on initial coin offerings. The Financial Services Commission said all kinds of initial ...
Burger King launches own cryptocurrency in Russia
September 1st, 2017
Customers will be able to claim one virtual coin for every rouble (1.3p) they spend and once they have accumulated 1,700 WhopperCoins, they will be able to buy the eponymous Whopper. Burger King will be launching accompanying Apple and ...
Russia has plans to introduce its own digital currency
August 25th, 2017
Russia has plans to introduce its own digital currency running on blockchain technology, according to First Deputy Prime Minister Igor Shuvalov. The FSB “is actively working at the international level and wants to ensure that security issues are solved ...
7 Cryptocurrency Predictions From the Experts
July 28th, 2017
Fortune convened some top cryptocurrency entrepreneurs, venture capitalists, bankers, and others to chat about the future of digital money at Fortune’s Brainstorm Tech conference in Aspen, Colo. last week. A select group met at the Aspen Institute for a ...
Digital currency, the Airbnb and Uber killer
May 15th, 2017
Ride-sharing app Uber experienced a setback on Thursday (11 May), as a top EU lawyer of the European Court of Justice (ECJ) stated in an opinion that the company can be regulated as a transport business, instead of an ...
Japanese companies to launch virtual currencies exchanges to meet hot demand
May 3rd, 2017
Tax cuts, higher standards making trading easier, soaring demand in bitcoin-like investments More than 10 Japanese companies are launching exchanges for bitcoin and other virtual currencies, with an eye to tap growing demand after legal changes that make such ...
New global fund to raise $300 Million for digital currency investments
April 24th, 2017
Alphabit, a global fund that invests in digital currencies, has been launched with a target of $300 million, co-founder Liam Robertson said in an interview, as managers seek to tap growing demand for virtual assets that allow for instant, ...