Nigerian Presidential Candidate Atiku Abubakar To Support Blockchain And Cryptocurrency If Elected

Blockchain, News | November 23, 2018 By:

Atiku Abubakar, Nigeria’s former vice president and presidential candidate of the Peoples Democratic Party (PDP), said the country will support blockchain and cryptocurrency if he is elected as president in 2019.

In his ‘Get Nigeria Working Again’ campaign policy document, Abubakar revealed that he aims to speed up the economy positively through blockchain and cryptocurrency.


Italian Financial Regulator Warns Against Three Unauthorized Crypto Firms

News, Regulation | November 22, 2018 By:

The National Commission for Companies and the Stock Exchange (CONSOB), Italy’s financial regulator, has warned against three unlicensed cryptocurrency companies.

Earlier this week, CONSOB entered separate cease and desist orders against foreign currency broker Richmond Investing, initial coin offering token issuer Crypton and bitcoin trading platform Eagle Bit Trade.


Japan’s Financial Services Agency To Introduce Crypto Wallet Regulation

News, Regulation | November 19, 2018 By:

Japan’s Financial Services Agency (FSA) is planning to introduce regulation for crypto wallet service providers.

During the FSA’s ninth cryptocurrency study group meeting last week, officials discussed regulatory measures for cryptocurrency wallet services, including the maintenance of internal control systems, management of cryptocurrencies belonging to the service providers and customers,


CFTC Orders Bitcoin Trader To Pay $1.1M USD For Fraudulent Crypto Scheme

Crime, News | November 13, 2018 By:

An Arizona-based crypto trader has been fined $1.1 million by the US Commodity Futures Trading Commission (CFTC) for stealing cryptocurrencies from his previous employer, Chicago-based trading firm Consolidated Trading.

The CFTC issued an Order filing and settling charges against Joseph Kim for orchestrating a fraudulent cryptocurrency scheme that led to more than $1 million in losses.