Author: Thomas Schmidt

China has intensified efforts to control its cryptocurrency industry in recent weeks, prohibiting crypto mining operations and directing major banks to not do business with crypto firms. On Tuesday, the government took action against a company that was allegedly offering cryptocurrency-related services. The authorities cancelled the business registration of the company and warned all financial and payment institutions […]

A report indicates that South Africa’s financial industry must be aware of the potential risks associated with cryptocurrency. They will also be expected to properly price in these risks. The report includes Kuben Naidoo (CEO at Prudential Authority), a regulator of the banking sector, who explains how the drafting process will unfold. According to the CEO: We are working […]

On Monday, Jurrien Timmerdirector of international macro Fidelity, advised his 56,000 Twitter followers his own view on present bitcoin rates. “In my opinion, it resembles the base is at all,” that the Fidelity executive clarified, sharing with a BTC/USD graph. Fidelity’s Jurrien Timmer Efforts to Telephone Bitcoin’s Bottom Back in mid-April, bitcoin (BTC) costs touched […]

Authorities are warning that the community to be cautious to the catastrophic effect of investment fraud following having a Nottingham guy lost #200,000 via a Bitcoin scam. The guy, who doesn’t need to be recognized, fell victim of this scam after a conversation on investing cash into a bogus broker company and spent his hard-won […]