A leading change in the European cryptocurrency market is occurring as the UK’s Financial Conduct Authority (FCA) is not regulating derivatives. With the European Union's MiFID 2 regulation introduced this year, UK authorities have concluded that it falls under this type of regulation. This likely sets a precedent that…
46 posts tagged
Cryptocurrency
Famed Investor George Soros Plans to Invest in Cryptocurrencies
George Soros is a controversial investor who has gained both notoriety and success by making difficult decisions. He has historically been involved with the decline of major banks and has become a notable political investor. Despite recent negative remarks about cryptocurrencies, his $26 million family office has revealed that it…
Coincheck pays back cryptocurrency after hacker theft.
The Japanese cryptocurrency exchange Coincheck made headlines in January of 2018 when it suffered what might be the largest theft in modern history. Hackers targeted the exchange and made off with the equivalent of $500 million in cash. Some 260,000 customers were affected by the theft. The incident follows…
What to know: EU changes requirements on cryptocurrency CFDs
According to an announcement made on March 27, 2018, the European Securities and Markets Authority (ESMA) has increased their requirements on Contracts For Differences (CFDs) in cryptocurrencies markets. A CFD is an agreement on a futures contract when there are differences in settlements. Instead of resolving the differences through a…
Ethereum Foundation developer Merriam Proposes Hard Fork Fighting ASIC Miners
On March 30, Ethereum Foundation developer Piper Merriam opened Ethereum Improvement Proposal (EIP) #958 on Github. In doing so, Merriam put forth the possibility of a hard fork in the Ethereum (ETH) protocol to negate ETH ASICs. Just two days prior, Ethereum developer Vlad Zamfir presented the same question on…
Chinese Government Tightens Control On Cryptocurrency: Keeps Economy Strong
In an effort to protect the yuan (RMB), the People's Bank of China said it will apply strict measures to cryptocurrencies. And while the statement published on the Chinese central bank's website March 29 offered no specifics on policies against either crypto, virtual or digital currencies, the deputy director of…