The Securities and Exchange Commission (SEC) has issued a new warning to investors regarding crypto assets. The alert highlights two main concerns: misleading “Proof of Reserves” claims and the absence of SIPC or FDIC insurance in the crypto industry.The SEC is cautioning investors about the potential risks associated with crypto assets. One concern is the […]
The Securities and Exchange Commission (SEC) has issued a new warning to investors regarding crypto assets. The alert highlights two main concerns: misleading “Proof of Reserves” claims and the absence of SIPC or FDIC insurance in the crypto industry.The SEC is cautioning investors about the potential risks associated with crypto assets. One concern is the […]
A group of U.S. Senators has proposed legislation aimed at sanctioning foreign entities that facilitate financial transactions, including digital asset transactions, with Foreign Terrorist Organizations (FTOs) designated by the U.S. The bill, titled the Terrorism Financing Prevention Act, seeks to expand the Treasury Department’s resources and authority to counteract emerging threats from digital assets and […]
A group of U.S. Senators has proposed legislation aimed at sanctioning foreign entities that facilitate financial transactions, including digital asset transactions, with Foreign Terrorist Organizations (FTOs) designated by the U.S. The bill, titled the Terrorism Financing Prevention Act, seeks to expand the Treasury Department’s resources and authority to counteract emerging threats from digital assets and […]
In 2023, Kazakhstan’s Financial Monitoring Agency (FMA) took action against illegal cryptocurrency exchanges operating in the country. The FMA blocked access to nearly a thousand platforms that were serving citizens without proper registration. This move was in accordance with the Digital Assets Law, which prohibits the creation and trading of digital currencies without a national […]
In 2023, Kazakhstan’s Financial Monitoring Agency (FMA) took action against illegal cryptocurrency exchanges operating in the country. The FMA blocked access to nearly a thousand platforms that were serving citizens without proper registration. This move was in accordance with the Digital Assets Law, which prohibits the creation and trading of digital currencies without a national […]
JPMorgan CEO Jamie Dimon’s recent comments on cryptocurrencies have sparked criticism from the crypto community. Speaking before the US Senate Committee on Banking, Housing, and Urban Affairs, Dimon denounced Bitcoin and crypto as tools primarily used by criminals for activities such as drug trafficking, money laundering, and tax avoidance. He even suggested that if he […]
JPMorgan CEO Jamie Dimon’s recent comments on cryptocurrencies have sparked criticism from the crypto community. Speaking before the US Senate Committee on Banking, Housing, and Urban Affairs, Dimon denounced Bitcoin and crypto as tools primarily used by criminals for activities such as drug trafficking, money laundering, and tax avoidance. He even suggested that if he […]
Trading and brokerage firm Robinhood has expanded its crypto services to eligible customers in the European Union. The platform now allows traders to buy and sell over 25 cryptocurrencies. This move comes shortly after Robinhood launched its stock trading application in the United Kingdom.Oliver McIntosh, senior product communications manager at Robinhood, stated that the EU […]
Trading and brokerage firm Robinhood has expanded its crypto services to eligible customers in the European Union. The platform now allows traders to buy and sell over 25 cryptocurrencies. This move comes shortly after Robinhood launched its stock trading application in the United Kingdom.Oliver McIntosh, senior product communications manager at Robinhood, stated that the EU […]
