Category: Cryptocurrency

January 31, 2022 BY Steffy Bogdanova

Crypto exchange Binance restricts 281 Nigeran accounts

Zhao further outlined in his letter the importance of user security and confirmed the company’s devotion to its Nigerian community. Zhao said: Protection mechanisms such as KYC, anti-money laundering measures, collaboration with law enforcement, and account restrictions are in place to ensure our community remains protected and that fraudulent activity is prevented. This is a…

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Robinhood
January 21, 2022 BY Steffy Bogdanova

Robinhood crypto wallets beta program goes live

The Beta program Beta testers will help the company test core functionality and give feedback which will help reach the final version of the product. During the Beta program stage of the project, Robinhood will finalize the send and receive flows, add QR scanning functionality, improve the transaction history interface, and add block explorer support…

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January 20, 2022 BY Steffy Bogdanova

Gold-i selected by Modus.Trade for crypto fund management

Modus.Trade’s strategies are built using MetaQuotes language which makes MT5 a perfect fit as a trading platform. MT5 also has a strong audit trail and is an easy-to-use platform for trading digital assets. Tom Higgins, CEO, Gold-i added: We have always seen ourselves as a pioneer in the digital assets world, having launched our Crypto…

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January 18, 2022 BY Steffy Bogdanova

UK Government to tighten rules on misleading crypto ads

Around 2.3 million people in the UK are thought to be holding crypto assets, according to an estimate. This move will hopefully ensure that cryptoasset advertisements are “fair, clear, and not misleading.” Chancellor of the Exchequer, Rishi Sunak said: Cryptoassets can provide exciting new opportunities, offering people new ways to transact and invest – but…

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ASIC
January 17, 2022 BY Steffy Bogdanova

ASIC warns about risk in crypto investment when using SMSF

Crypto-asset investment ASIC reminded investors to consider the risks before using their SMSF to invest in crypto-assets. Trustees of SMSF bear responsibility for the fund’s decisions and for legal compliance. The regulator recently warned the public about an increase in scams involving crypto-assets. ASIC said in the official warning: If you decide to set up…

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Virtu Financial
January 11, 2022 BY Steffy Bogdanova

Virtu Financial warns against crypto scams

Virtu continued: If you have been contacted by any person(s) purporting to be acting on behalf of or in connection with Virtu to trade cryptocurrency, be aware that these individuals are not authorized representatives of Virtu. The company also noted that victims of such fraudulent actions can contact their local FBI office. Virtu Financial highlighted…

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January 11, 2022 BY Steffy Bogdanova

BUX Zero introduces crypto

Crypto education and risk management BUX will ensure consumers have access to the correct information about different asset classes by making available in-depth and informative content about cryptos. Its clients will also be able to access in-app daily news and market analysis to get a comprehensive overview of market trends and activity. Through working with…

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