Chinese Forex Regulator SAFE Expands Blockchain Cross-Border Pilot

Chinese regulator State Administration of Foreign Exchange expanded its blockchain cross-border financing pilot program. Chinese regulator State Administration of Foreign Exchange (SAFE) expanded its blockchain cross-border financing pilot program. Local news outlet GlobalTimes reported on Nov. 11 that the system now covers 19 provinces and cities, up from nine. The development is unsurprising given that […]

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Binary Options Scams Spread Into Crypto, Time for US Lawmakers to Act

U.S. regulators seek to curb binary options scams as they are entering the crypto sphere and becoming more clever. Mainstream finance and cryptocurrency are becoming more closely intertwined with each passing day. Just over a year ago, the idea of centralized financial behemoths trialing blockchain or crypto solutions would have been unthinkable.  Currently, cryptocurrency is […]

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