Cryptocurrency Crash ‘Plausible Scenario’, Regulations Needed: BoE’s Cunliffe October 13, 2021 A collapse in cryptocurrencies is a “plausible scenario” and rules are needed to regulate the fast-growing sector as a “matter...
SEC Must Increase Cryptocurrency Oversight, Investor Advocates Say September 21, 2021 By Joe Light Many cryptocurrency projects are flouting investor-protection rules and deserve more scrutiny, a group of investor advocates told Securities and Exchange...
Getting Digital Currency Right More Important Than U.S. Being First, Says Fed’s Powell October 21, 2020 In any development of a cross-border digital currency, it is more important for the United States “to get it right...
Facebook Revamps Its Libra Cryptocurrency in Response to Regulatory Backlash April 17, 2020 By Brenna Hughes Neghaiwi and Tom Wilson Facebook’s planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp...
Euro Zone to Launch Public Cryptocurrency in Response to Threat of Facebook’s Libra September 13, 2019 By Francesco Guarascio Euro zone governments and central banks are working on a long-term plan to launch a public digital currency that they...
UK Markets Regulator Warns of Dangers of Unregulated Cryptocurrencies August 1, 2019 By Huw Jones and Tom Wilson Britain’s markets watchdog said on Wednesday that bitcoin and other cryptocurrencies have no intrinsic value and offer consumers few protections,...
Hackers Steal 7,000 Bitcoins Worth $40M from Cryptocurrency Exchange Binance May 8, 2019 By Eric Lam Binance, one of the world’s largest cryptocurrency exchanges, said hackers withdrew 7,000 Bitcoins worth about $40 million via a single...
Losses from Cryptocurrency Thefts, Fraud Surged to $1.2 Billion in Q1: Report May 1, 2019 By Gertrude Chavez-Dreyfuss Losses from the theft of cryptocurrencies from exchanges and fraud-related activities surged in the first quarter of the year to...
Cryptocurrency Industry Says Inadequate Insurance Deters Investors December 20, 2018 By Alun John Cryptocurrency exchanges and traders in Asia are struggling to insure themselves against the risk of hacks and theft, a factor...
What Agents Should Know About Cryptocurrency Insurance Market November 19, 2018 By Don Jergler Cryptocurrency and blockchain entities may seem like a hot market for insurance agents looking to specialize, but right now there...