FUD: Fear, Uncertainty, and Doubt

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The cryptocurrency market is a fairly new concept. The market is the result of a major technological innovation of this century in the financial sector. However, the concept of fear, uncertainty and doubt is old and precedes cryptocurrency by time immemorial. Shortened as FUD, fear, uncertainty and doubt are especially rampant in the crypto market … Continue reading “FUD: Fear, Uncertainty, and Doubt”

Effects of FOMO on the Cryptocurrency Market

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Cryptocurrencies are one of the biggest markets operating on a global scale. Being a global market, they get influenced by a large number of factors. Some of these factors include the legal and political regulations, economy’s current state, new technologies, the supply and demand of the currency, etc. However, there is one big factor that … Continue reading “Effects of FOMO on the Cryptocurrency Market”

Four ICOs Shut Down in Colorado Crackdown

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In an ongoing  Initial Coin Offering (ICO) crackdown in the United States, the Colorado State Department of Regulatory Agencies (DORA) has ordered the closure of four ICOs. These ICOs are not compliant with the rules of the U. S. Securities and Exchange Commission (SEC). Therefore, the SEC suspended their operations. Regulators from all over the … Continue reading “Four ICOs Shut Down in Colorado Crackdown”

Uganda is Set to Pass a Bill on Cryptocurrency Regulation

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Uganda has become the latest home to cryptocurrency crimes of enormous proportions. Indeed, the Sub-Saharan African country now feels the impact of something that never mattered before now. Before now, crypto-related exit-scams were U.S., European and Asian challenges, but not anymore. According to local media reports, Bitcoin (BTC) is extremely popular in the country. As … Continue reading “Uganda is Set to Pass a Bill on Cryptocurrency Regulation”

SEC Commissioner Hester Peirce Says Crypto ETF is ‘Definitely Possible’

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The Commissioner of US Securities and Exchange Commission is positive about cryptocurrency ETF.  In an interview with the makers of “What Bitcoin Did” podcast, Hester Peirce states that a cryptocurrency ETF is “definitely possible.” She says that calling something crypto “does not mean you can ignore the rules we have had in place for years, … Continue reading “SEC Commissioner Hester Peirce Says Crypto ETF is ‘Definitely Possible’”

Cryptocurrency ETFs: What are they and what do they do?

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Chances are that you have heard about ETFs if you are into cryptocurrencies. They have been in the news recently for their activities in seeking regulatory approval. ETF stands for Exchange Traded Funds. Cryptocurrency ETFs are digital coin exchanges on which cryptocurrency trade occurs. They are based on blockchain technology but the idea is similar … Continue reading “Cryptocurrency ETFs: What are they and what do they do?”

DOJ and CFTC Investigate Tether and Bitfinex

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Last May, the Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) opened a general investigation into price manipulation. Bloomberg reported on Tuesday that they appear to be investigating Bitfinex and Tether (USDT) specifically. This isn’t the first such investigation into Bitfinex and Tether Ltd The CFTC subpoenaed both in December of 2017. There … Continue reading “DOJ and CFTC Investigate Tether and Bitfinex”

India’s Reserve Bank Schedules Two More Panels On Crypto

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In April, the Reserve Bank of India gave crypto exchanges three months’ notice to tie up their business with banks. Effectively, many exchanges, including India’s largest, Zebpay, had little choice but to shut down. Zebpay was India’s first Bitcoin (BTC) exchange. It had hundreds of thousands of users, a figure that was rapidly growing. Zebpay … Continue reading “India’s Reserve Bank Schedules Two More Panels On Crypto”

 How Blockchain could have Prevented the Danske Bank Scandal 

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Imagine how shocking it would be for a bank to launder almost ten times the country’s GDP. That’s not all. Now, imagine if all the money came from non-residents of the Ukraine, Russia, Moldova, Azerbaijan and several other countries of the now-defunct Soviet Union. Indeed, this would make it the largest money laundering scandal of … Continue reading ” How Blockchain could have Prevented the Danske Bank Scandal “

Regulators Drafting Cryptocurrency Regulations, Despite Bear Market

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Financial authorities are still trying to find the right legal framework to regulate cryptocurrencies. Different jurisdictions have different laws. All, however, seem to agree on one thing that the crypto space requires: regulations. To create a working framework, governments and financial authorities  have spent hours behind closed door trying to figure out the right approach,.  … Continue reading “Regulators Drafting Cryptocurrency Regulations, Despite Bear Market”