No Reason to 'Bury' Cryptocurrencies, Russian PM Medvedev Says

Last year’s falling prices are not a good enough reason to “bury” cryptocurrencies, Russian Prime Minister Dmitry Medvedev said during a high-level economic conference. He believes Russia should carefully follow the developments around digital coins.   Also read: Clickbait Media Uses Bitcoin and Russia to Pump Headlines Again Russia Should […]

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Rick Falkvinge: Imminent Financial Crisis Perfect Opportunity to Convert the Masses to Crypto

Warnings of an imminent financial crisis are in the media more than ever before. But could such an event be the tipping point that puts Bitcoin and cryptocurrency firmly into the mainstream? Politician and tech entrepreneur Rick Falkvinge says it would be the perfect time to finally convert people to crypto.  […]

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Bermuda Issues Draft Crypto Custodial Services Regulation

The Bermuda Monetary Authority (BMA), the island’s foremost financial services regulator, has published a draft regulation for cryptocurrency custodial services. The regulation – Code of Practice for Digital Asset Custody – outlines prescriptions to ensure the secure handling of customers’ crypto assets. Also read: Brazilian Supermarket Chain Now Accepts Payment in […]

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Allianz Global Investors CEO Calls for Cryptocurrencies to Be Outlawed

The head of one of Europe’s largest asset managers, Allianz Global, has called for global regulators to “outlaw” crypto assets. The outburst from CEO Andreas Utermann came during a panel discussion in London.  Also read: Netherlands to Regulate Cryptocurrencies in Bid to Curb Money Laundering Cryptocurrencies Have “Wiped out People’s Savings” Allianz […]

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ASIC Announces Major Changes to Reporting Requirements

The Australian Securities and Investments Commission (ASIC) announced this Monday a series of major changes to reporting requirements by introducing new accounting standards for listed entities and other companies of public interest. These new criteria will change the way many firms report assets, liabilities and profits, marking the biggest change […]

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Will the Recent Brexit Developments Lead to a Flash Crash?

This article was submitted by ICM.com. The latest developments within the financial markets continue to prove that uncertainty is surrounding the divorce deal between Britain and the European Union. Since the preparation of the Brexit referendum, the pound has continuously been subjected to headlines concerning this campaign. Before the referendum, the […]

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BaFin Considering Cybersecurity Stress Tests

The head of the the Federal Financial Supervisory Authority (BaFin) said on Tuesday that financial institutions need to strengthen their cybersecurity procedures. Speaking at a conference in Frankfurt, Felix Hufeld, the president of the German regulator, said that “IT security is a matter for the boss”. Join the iFX EXPO […]

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