Tags : warns

Market

MSCI Warns of ‘Creeping’ Crypto Exposure in Equity Markets

“At a minimum, investors may benefit from understanding how managers and directors of cryptocurrency-exposed companies are monitoring developments in these informal governance frameworks. For companies with more significant exposure, investor interests may be better served by being more actively involved,” MSCI said. Source linkRead More

Market

France’s Market Authority Warns Against Proposed Air Next ICO

France’s markets regulator has warned of the risk of fraud associated with a recently proposed initial coin offering (ICO). The Autorité des Marchés Financiers (AMF) announced Thursday that it had been contacted by a company, Air Next, requesting a “visa” for a proposed ICO. While issuers aren’t required to apply for an AMF visa, having […]Read More

Regulation

US: SEC warns public of crypto scams and ICOs

Crypto frauds are on the rise, according to the US Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy (OIEA) and Division of Enforcement’s Retail Strategy Task Force (RSTF). In its recently published investor alert, the regulator broke down some of the most obvious warning signs of crypto scams. The SEC’s list of […]Read More

Bitcoin

Fund manager pegs Bitcoin at $100,000 in 2022. But warns

The managing director of investment advisory firm Midas Touch Consulting, Florian Grummes, has predicted a $100,000 price mark for Bitcoin in the next 6months, with a possible dip after a short while. While speaking to Kitco News, he warned investors to treat the current surge seen in recent times with caution, noting that another correction […]Read More

Regulation

Binance woes continue as UK watchdog warns of failure to

U.K monetary watchdog, the Financial Conduct Authority (FCA), said Binance “is not capable of being effectively supervised.” Adding that, within the context of offering complex and high-risk financial products, this poses a significant risk to consumers. The watchdog published the comments in a “Supervisory Notice” dated June 25, 2021. They later updated this document on […]Read More

Regulation

SEC head Gary Gensler warns of ‘even more’ crypto regulation

Senator Elizabeth Warren recently released the letter Securities and Exchange Commission (SEC) Chair Gary Gensler sent in response to her request to address the “opaque and volatile” crypto market and resolve whether the Congress should intervene.  Determined to rein in crypto, Senator Warren wrote to the SEC Chairman last month inquiring concrete input on what […]Read More

Regulation

New Bitcoin regulations are coming, warns ex-SEC chairman

Former US Securities and Exchange Commission (SEC) chairman Jay Clayton has suggested that Bitcoin and other cryptocurrencies will definitely be more regulated in the future. “I expect that regulation will come in this area both directly and indirectly,” he said during an interview with CNBC’s Squawk Box yesterday. “Where digital assets land at the end […]Read More