The Bank of Namibia (BON) has warned individuals investing in cryptocurrencies that it will not entertain their complaints should they get scammed. The institution argues that since its mandate does not currently cover digital currencies, it lacks the “legal power” to follow up on such complaints. Growing Namibian Interest in …
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The SEC has warned that “investors should understand that Bitcoin, including gaining exposure through the Bitcoin futures market, is a highly speculative investment.” Source link
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China’s southern Hainan province is the latest to warn investors against crypto-based fundraising schemes. Source link
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Bridgewater Associates founder Ray Dalio has warned that cryptocurrency’s biggest risk is its own success. He explained that it could attract regulators to come down tough on the crypto industry because “as a storehold of wealth no government wants to have an alternative currency.” Crypto’s Success May Attract Tough Regulation …
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An official of the U.S. Internal Revenue Service (IRS) has clarified that the agency is prepared to seize cryptocurrencies and sell them to satisfy tax collection if taxpayers fail to meet their tax obligations. Robert Wearing, IRS’ deputy associate chief counsel for Procedure & Administration, explained Wednesday that the agency …
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The rug was just pulled across crypto, wiping out gains from the past week and then some. Bitcoin is now back at prices from March, and is at risk of falling deeper into a bear phase according to a fractal found in the recent price action. What’s notable, is that …
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The U.S. SEC will monitor the compliance of mutual funds with exposure to Bitcoin futures and look into whether the market can accommodate an ETF. Source link
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The latest MetaMask phishing scam asks users for their seed phrase in a Google Docs form posing as an official support portal. Source link
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Dave Ramsey told a caller, seeking advice on his Bitcoin holdings, he has “Vegas problems.” Offering his advice on what he would do, the radio host unceremoniously recommended the caller cash out tomorrow. “You’ve got Vegas problems, man. You walked up to the slot machine, put a quarter in and …
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Quantum Economics founder Mati Greenspan has sounded the alarm over the damage the SEC’s case against LBRY could do to crypto. Source link
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