Facebook’s Libra facing heat from Banks
US and European banks are giving the silent treatment to Libra. Wall Street, the financial institutions, and the banks in London and Europe seem...
Britain’s FCA Considers Ban On Crypto Derivatives
FCA (Financial Conduct Authority) is Britain’s regulatory body and it believes that the crypto-based derivatives are too risky for small-scale investors, possible ban may...
G20 Summit, Leaders Reaffirm Their Stance on Cryptocurrency
In the declaration, The G20 leaders stated that cryptocurrencies at the moment pose no threat to the stability of fiat currencies. They also added...
OneCoin CEO Denied Bail
Edgardo Ramos, Judge of New York Southern District Court, denied Konstantin Ignatov's bond application, irrespective of its very attractive release conditions. This is according...
Indian Crypto Exchange Koinex Shuts down
The Indian crypto exchange announced it would be shutting down permanently citing banking restrictions and regulatory delays as the reason for its action. It...
Central Bank of the Philippines and CEZA Accredits 48 Crypto Exchanges
The Philippines is currently in close competition with Japan in terms of supporting crypto exchanges.
BSP and CEZA, In charge of Crypto Regulation in...
Libra Receives a Cold Welcome From the French Central Bank
The launch of Facebook's Libra coin has sparked a worldwide reaction. The latest comes from the French Central Bank.
Who does not know about Libra? Exactly,...
Two Israeli Brothers Arrested in Connection with the Bitfinex Hack
According to news from Finance Magnates on June 23, a spokesperson for the Israeli police said that the brothers, Eli Gigi and Assaf Gigi,...
A Swiss Institution Warns Against the Big Firms’ Crypto Foray
The Bank of International Settlements (BIS), the Swiss-based financial institution, has commented on the tech giant's foray into the financial sector.
In its new report,...
New Cryptocurrency Exchange Owners In Trouble with the FSA
Based on reports from the Financial Services Agency (FSA), the FSA visited Fisco, the Japanese investment firm that took control of the hacked Zaif...