Franklin Templeton CEO says Bitcoin investment still in early phase
CEO Jenny Johnson believes institutions will deploy a second wave into Bitcoin funds and attract the truly big players.
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Texas Regulators Take Aim at South African Cryptocurrency MLM Scheme
The Texas State Securities Board has successfully shut down the operations of an illegal cryptocurrency investment scheme. 729 Total views 21 Total shares The Texas State Securities Board has shut down the activities of a South African multi-level marketing scheme involving cryptocurrency investments in the state.In a recent statement, Securities Commissioner Travis J. Iles said…
EU Finance Commissioner to Propose Unified Crypto Legislation
The European Union’s finance commissioner Valdis Dombrovskis has pledged to propose new rules to regulate cryptocurrencies such as Facebook’s Libra.As Reuters reports, speaking before EU lawmakers on Oct. 8, Dombrovskis stated:“Europe needs a common approach on crypto-assets such as Libra. I intend to propose new legislation on this.”Dombrovskis’s roleHaving served as Latvia’s prime minister and…
Shanghai Man: Miners banned, exchanges targeted? Here’s what’s really happening
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. China regulations, FACT or FUD? Normally, this weekly column takes a broad look at all the developments, news, and even gossip from within…
Thai Police Arrest 24 Chinese Nationals for Alleged Bitcoin Scam
Thai immigration officials have arrested 24 Chinese nationals who were running an alleged cryptocurrency scam call center in the Rama III neighborhood of Bangkok.According to an official announcement on Dec. 2, the Immigration Bureau of the Royal Thai Police arrested 24 individuals, seized 61 laptops, 424 mobile phones and several routers. The Immigration Bureau further states…
Nigerian central bank adds NFC upgrade to eNaira for contactless payments
The central bank reportedly emphasized that the addition of NFC technology will play a crucial role in boosting the adoption rates for the CBDC. 178 Total views 1 Total shares Despite the former governor’s ousting nearly two months ago, the Central Bank of Nigeria (CBN) continues to be committed to its central bank digital currency…
Aussies revealed as prime targets of Israel crypto scam syndicate
Australian residents have been identified as one the primary targets of a sophisticated network of cryptocurrency call-center scammers — which are suspected to be run by Israel-based crime bosses. Evidence uncovered after a full-scale raid of four Serbian call centers and 11 residences by Serbian, German, Bulgarian and Cypriot authorities found that Australians were among the top…
Two credit card firms in Israel to let cardholders buy Bitcoin
Two Israel-based credit card companies, Max and Isracard, have started working on Bitcoin investment and cashback solutions via a credit card. 121 Total views 4 Total shares Financial companies in Israel are increasingly moving into cryptocurrencies like Bitcoin (BTC), with two competing credit card firms working on BTC investment and cashback features.Two Israel-based credit card…
John McAfee Admits Ghost ‘Copy-Pasted’ From PIVX, Threatens Lawsuits
Eccentric cryptocurrency advocate John McAfee admitted his anonymity-oriented project Ghost “copy-pasted” parts of its whitepaper from the documentation for open-source privacy coin PIVX in a series of tweets today. He nonetheless appears to intend to sue PIVX for defamation. Ghost vs. PIVX — brief recapEarlier this week, PIVX developers claimed that the Ghost whitepaper was plagiarized…