Category: investment

Auto Added by WPeMatico

ICO Craze Lures Australian Investors

The hype surrounding the profit-potential associated with initial coin offerings (ICOs) is continuing to attract participation from Australian investors. Despite the potential to incur fast losses just as easily as fast profits, many Australians appear to be dabbling...

Australian High School to Host Information Night on Cryptocurrencies

A surge in the popularity of bitcoin among students has prompted an Australian high school to host an information night designed to educate its students about cryptocurrencies. St. Laurence’s College in Brisbane recently informed the parents of students...

Malta Extends Scope of Proposed Virtual Currency Regulations

The Malta Financial Services Authority (MFSA) has published a ”feedback statement” regarding its proposal for regulatory guidelines governing collective investment schemes involving virtual currencies (VCs) operating in the European archipelago nation. The statement has been issued following a...

Nasdaq-Issued Bitcoin Futures Contracts May Comprise “Investment” Rather Than “Tracking Stock”

The chief executive officer of Nasdaq, Adena Friedman, has discussed the company’s position with regards to the potential bitcoin futures contracts it has previously expressed interest in offering. Although Mrs. Friedman was unable to affirm that the company...

More than Half of Russians Know About Bitcoin Now

More than half of Russians have some knowledge about bitcoin, according to a new survey. Awareness is higher among young people and in major cities. Three quarters of the Muscovites feel informed about the leading cryptocurrency thanks to 185,000...

215,000+ Sign Petition Against South Korean Crypto Regulation – Government to Respond

A national petition against extreme cryptocurrency regulations in South Korea has exceeded 200,000 signatures, the requirement for the government to respond. The petition entitled “Has the government ever dreamed a happy dream for the people?” was filed on...

Metropolitan Bank Ceases Cryptocurrency-Related International Wires

Metropolitan Bank Holding Corp (NYSE: MCB), one of the fastest growing banks in the United States, is used by a number of major cryptocurrency exchanges. But the NYSE traded bank has ceased all cryptocurrency-related international wires effective immediately,...

Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges

The Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and...

Japan’s Fisco Launching Cryptocurrency Fund – Derivatives Products to Follow

Following the issuance of its bitcoin bond, Japanese investment research group Fisco Corporation is now launching a cryptocurrency fund. The company is also planning to offer derivative products as well as several other crypto-related services. Also read: South Korea...

Vermont Senator Proposes Digital Currency Tax Legislation

Earlier this week Senator Alison Clarkson (D) from Vermont has proposed legislation that outlines a use case for government-based cryptocurrency solutions for the green mountain state. Also read: French Entrepreneur’s Case to Overturn the Bitlicense Dismissed   Latest Vermont...