Search Results for: law
European Authorities warn consumers of risks in buying virtual currencies
February 13th, 2018
The European Supervisory Authorities (ESAs) for securities (ESMA), banking (EBA), and insurance and pensions (EIOPA) have issued a pan-EU warning to consumers regarding the risks of buying Virtual Currencies (VCs). The ESAs are concerned that an increasing number of ...
Brexit – the battle for ideas
February 9th, 2018
The battle for ideas in the Brexit debate comes down to two basic economic approaches. The neo-Keynesian macroeconomists in the permanent establishment, who manage the state as economic planners and regulators are on one side. They are naturally ...
The Cyprus Regulator fined €20.000 an Administrative Service Provider
February 9th, 2018
The Board of the Cyprus Securities and Exchange Commission (‘CySEC’) has issued today an announcement to inform the public that, at its meeting held on 20th November 2017, decided to impose a total administrative fine of €20.000 on the ...
Bitcoin and digital money ‘here to stay’ despite concerns
February 7th, 2018
This week Lloyds and Virgin Money stopped customers using credit cards to buy cryptocurrencies, amid concerns they could run up too much debt. It comes as the value of Bitcoin and other cryptocurrencies fell after a year when prices ...
Charges laid against former FX trader
February 7th, 2018
Former Deutsche Bank FX options and futures trader, Andrew Donaldson, of Bronte NSW, has been charged with 85 offences under s184(2) of the Corporations Act 2001 in respect of using his position as an employee dishonestly with the intention ...
CySEC fined €30.000 a Cyprus Investment Firm
February 6th, 2018
The Board of the Cyprus Securities and Exchange Commission (‘the CySEC’) has issued today an announcement to inform the public that, at the meeting held on 20th November 2017, decided to impose an administrative fine of €30.000 to the CIF ...
Regulator calls on Google to ban ads for binary options, cryptocurrencies
February 6th, 2018
Following Facebook’s announcement last week that it was banning all advertising for binary options, cryptocurrencies and initial coin offerings, a Canadian regulator has called on Google to do the same. Jason Roy, a senior investigator at the Manitoba Securities ...
CySEc decided to withdraw the authorization of a Cyprus Investment Firm
February 6th, 2018
The Cyprus Securities and Exchange Commission (‘CySEC’) has issued an announcement to inform that, on its meeting of 25th September 2017, has decided, pursuant to sections 25(1)(b) and 26(4)(b) of the Investment Services and Activities and Regulated Markets Law ...
EUR/GBP Rally Possible on Strong Confidence Stats
January 30th, 2018
The Euro to Pound exchange rate (EUR/GBP) has risen by 0.4% today, although this is mainly down to Brexit worries among Pound traders. The Euro has a chance at extending its current gains against the Pound this week, assuming ...
Starbucks Chairman speculated about a “legitimate” digital currency
January 29th, 2018
Howard Schultz dumped the equivalent of a double espresso into an otherwise humdrum Starbucks earnings call on Thursday. In response to an analyst question about tax law, the Starbucks executive chairman detoured into a stream-of-conscious monologue about Bitcoin and ...
