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Celebrities warned over risk of cryptocurrency endorsements Celebrity endorsers of cryptocurrency fundraisers are at risk of legal action from regulators and investors, legal experts have warned, following a US case that highlighted the involvement of famous promoters in a so-called initial coin offering that collapsed. The Securities and Exchange Commission last ...
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India making 'huge mistake' in blocking cryptocurrency, Tim Draper says Last week, the central bank of India announced that it has blocked banks from doing business with entities transacting cryptocurrency. The decision dampened the spirits of both investors and entrepreneurs in the country, and showed the lack of understanding on the part of regulators. Now, tech investor ...
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Cryptocurrency firms plan for survival, move overseas as RBI steps up heat Domestic cryptocurrency players are moving overseas and drawing up contingency plans for their survival after the last week's directive by the Reserve Bank of India (RBI) banning banks and financial institutions from dealing with virtual currencies. Crypto players are looking at roping in non-RBI ...
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