French Regulators Notice Uptick In Crypto-Related Complaints

French authorities have observed an uptick in cryptocurrency-related complaints from investors. French financial regulators have observed an increase in complaints regarding cryptocurrencies this year Investors in the country are increasingly filing complaints about digital currencies with France’s Financial Markets Authority (AMF) since January 2019, according to the AMF’s 2019 Risk Map report published on July […]

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UK Financial Watchdog Grants License to London-Based Crypto Asset Firm

London-based crypto asset management firm Prime Factor Capital has obtained a license from the FCA to operate as a full-scope Alternative Investment Fund Manager. London-based crypto asset management firm Prime Factor Capital has obtained a license from the Financial Conduct Authority (FCA) to operate as a full-scope Alternative Investment Fund Manager (AIFM). The development was […]

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More Tether ‘Reflective’ of Real Dollars Coming Into Bitcoin, Says Kraken CEO

The current bitcoin-tether relationship continues a standard historical trend, Jesse Powell told the media. Bitcoin (BTC) is benefitting from inflows of fiat currency as stablecoin Tether (USDT) increases its supply, the CEO of cryptocurrency exchange Kraken told finance news channel TD Ameritrade Network on July 1. In an interview, Jesse Powell took issue with suspicions […]

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Facebook’s Libra Will Benefit Bitcoin But ‘Destroy’ Banks, Says Industry

Increased public awareness of Libra will inevitably flow into bitcoin, while banks will seriously suffer, say two new commentators. Facebook’s new cryptocurrency project really can boost bitcoin (BTC), new sources, among them a report from equity research platform Seeking Alpha, said this week.  Capitalizing on existing theories about the social media giant’s Libra protocol, the […]

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