Tan Sri Muhammad Ibrahim, governor of Bank Negara Malaysia (BNM), said that work on a regulatory structure for cryptocurrency has commenced. Starting next year, any person converting cryptocurrency into fiat money would be designated as reporting institutions under the Anti-Money Laundering,
Norman Mataruka, director and registrar of banking institutions at the the Reserve Bank of Zimbabwe (RBZ), said that bitcoin is illegal in the country and has warned the public against using it.
While the Reserve Bank of Zimbabwe, the country’s central bank,
FinTech payments firm Ripple has added former New York State Department of Financial Services superintendent Benjamin Lawsky to its board of directors.
Lawsky is New York State’s first superintendent of Financial Services serving through June 2015. He has more than two decades of experience in both federal and state government.
American financier and film producer Christopher Woodrow is planning to create his own cryptocurrency called MovieCoin. The MovieCoin initial coin offering (ICO) is expected to launch in the first quarter of 2018.
Woodrow said the funds raised in the MovieCoin ICO will go toward financing a portfolio of movies.
Hyosung is a diversified company that offers several products, including tire cords, spandex, seatbelt yarns, and airbag fabric, as well as transformers,
Fujitsu Laboratories has developed an extension of smart contract technology that can safely execute exchanges and payments in different digital currencies.
Called ConnectionChain, the technology records the series of related transactions on each chain in a dedicated blockchain, or a “connection-type chain,” to link a cryptocurrency exchange into a single transaction process.
The UK’s Financial Conduct Authority (FCA) has warned investors about the risks in cryptocurrency contracts for difference (CFD).
A cryptocurrency CFD is a tradable instrument that mirrors the movements of the asset underlying it. It allows for profits or losses to be realized when the underlying asset moves in relation to the position taken,
The European Securities and Markets Authority (ESMA), EU’s financial regulatory institution and European supervisory authority, is the latest financial regulator to issue a warning on initial coin offerings (ICO).
ESMA has released two statements, one on risks of ICOs for investors and one on the rules applicable to firms involved in ICOs.
International software security group Kaspersky Lab recently discovered a new malware called CryptoShuffler Trojan. The new malware steals cryptocurrencies from a user’s wallet by replacing their address with its own in the device’s clipboard.
Kaspersky said CryptoShuffler Trojan enters computers disguised as a harmless pieces of software downloaded from the Internet.
Investoo Group has acquired German cryptocurrency portal Bitcoinmag.de. The acquisition follows a GBP 7.5 million credit line secured in October, which is designed to facilitate Investoo’s aggressive growth strategy. The company has acquired several businesses this year, including invezz.com and 100forexbrokers.com.