Search Results for: PRA
Emerging stocks find solace after October’s wild ride, currencies weaken
November 1st, 2018
Emerging stock markets gained at the end of a brutal month on Wednesday as stimulus hopes lifted Chinese shares, though a firm dollar and a plethora of uncertainties hit many currencies. Chinese stocks rise on stimulus hope after weak ...
Cryptocurrency fraud: Don’t be taken in! How to determine that an offer is a fraud
October 30th, 2018
FSMA Belgium published a new warning against cryptocurrency fraud and updated the list of cryptocurrency trading platforms for which it has detected indications of fraud, adding 21 new suspect sites. This list now comprises a total of 99 websites. ...
Sweden’s central bank prepares for cashless future with e-krona
October 30th, 2018
Sweden’s central bank is pushing ahead with plans to build a technical framework for the issuance of a new electronic currency, the e-krona. The Riksbank started a project in the spring of 2017 to examine the scope for the ...
Canadian Bitcoin Exchange ‘Hacked,’ Says All Funds are Gone
October 29th, 2018
A small Bitcoin exchange based in Alberta, Canada, has gone offline. Before their Twitter page went offline, MapleChange had announced on Twitter that they “ no more funds to pay anyone back.” In the way of an explanation, the ...
The biggest of big pictures
October 26th, 2018
I have had a request from Mrs Macleod to write down in simple terms what on earth is going on in the world, and why is it that I think gold is so important in this context. She-who-must-be-obeyed ...
3 things you need to look for about cryptocurrencies
October 25th, 2018
Cryptocurrencies are digital tokens you can buy through an online exchange or through Initial Coin Offers (ICOs). Many online exchanges are unregulated, so it’s important to understand the risks before you invest. What are cryptocurrencies? Cryptocurrencies use encryption technology ...
Bitcoin scams on the rise; How and Indian cryptocurrency trader almost lost two BTC
October 24th, 2018
A cryptocurrency user from India has almost lost two Bitcoins on LocalBitcoins. The attacker reportedly used sophisticated methods such as SMS spoofing, evidence tampering, and downright lying to the admins of Localbitcoins to facilitate the crime. The recent banking ...
Former BDO USA accountants suspended
October 16th, 2018
The Securities and Exchange Commission (SEC) suspended three former BDO USA LLP accountants for their improper professional conduct during an audit of an exchange-listed insurance company. According to the SEC’s order, BDO fell behind schedule while conducting its 2013 integrated ...
EU weighs screening member states over tax avoidance
October 15th, 2018
The European Union is considering screening its own member states to assess whether they should be included in the bloc’s blacklist of tax havens, a senior EU official said on Wednesday. In December 2017 the EU drew up a ...
U.S. and Australian financial regulators sign FinTech Cooperation Arrangement
October 8th, 2018
The U.S. Commodity Futures Trading Commission (CFTC) and the Australian Securities and Investments Commission (ASIC) signed an arrangement to cooperate and support innovation through each other’s financial technology (FinTech) initiatives – CFTC’s LabCFTC and ASIC’s Innovation Hub. “The signing ...