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| South Korea FSS: Cryptocurrency Not 'Actual Currency', Should Not Be Regulated The South Korean financial regulator Financial Supervisory Service (FSS) has claimed that it has no plans at present to regulate the trading of digital currencies such as Bitcoin, beyond "rules announced last week". The watchdog based its decision on the fact that it does not consider digital currencies to ...
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| Jamie Foxx, Floyd Mayweather and other celebrities who are hyping cryptocurrencies Cryptocurrency is on a wild ride. As bitcoin trades at over $17,000 per coin, according to CoinDesk's price index, experts debate its staying power, with high-profile investors like Jamie Dimon and Warren Buffett calling it a "fraud" and a "mirage," respectively. Meanwhile, many crypto investors fret about a ...
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| Litecoin Founder 'Sold And Donated' His Holdings In The Cryptocurrency In a post on online forum Reddit, Lee, who created the cryptocurrency in 2011, announced that he had "sold and donated" his holdings in LTC. "For the first time in 6+ years, I no longer own a single LTC that's not stored in a physical Litecoin," he wrote. Lee attributed his decision to remove the "conflict of ...
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| Bitcoin Prices Might Have Peaked, But Smaller Cryptos Have Not But investors in the biggest cryptocurrency out there think bitcoin prices might have peaked ... at least for now. For those out there fearing they've missed a shot at becoming filthy rich on crypto, there are at least a handful of smaller cryptocurrencies out there that don't cost the price of a new car. And have ...
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| Cryptocurrency Investors Might Lose All Their Capital, MAS Warns The MAS also made sure to remind investors that it is not responsible for guaranteeing the safety of the cryptocurrency space within Singaporean borders as it does not regulate this market yet. Besides, the authority cannot ensure the safety of crypto exchange and intermediaries because most of them ...
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| Regulators to look at cryptocurrency rules – Carney ICOs work by a company issuing tokens, typically in exchange for a cryptocurrency such as Ethereum. Tokens can be used to buy future services from the issuer or can be sold on. This year there have been 234 ICOs so far, raising a total of $3.7bn, according to data from Coinschedule, an ICO ...
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| Cryptocurrency Market Trading As Much As NYSE Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 6, 2017. REUTERS/Brendan McDermid Global volume in cryptocurrency markets passes $50 billion, close to the average turnover on New York Stock Exchange. LONDON — Global cryptocurrency markets ...
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