Technology

SEC Warns Against Interest-Bearing Crypto Accounts — Says They’re Riskier Than Bank Deposits SEC

The U.S. Securities and Exchange Commission (SEC) has warned investors about the “risks with accounts that pay interest on crypto-asset deposits.” The warning coincides with the first enforcement action the agency took against crypto lending platforms. SEC Warns About Risks in Interest-Bearing Crypto Accounts The U.S. Securities and Exchange Commission’s Office of Investor Education and […]

Technology

Here’s what Gensler discerns about the XRP-Ether security v. not a security debate

In a recent Fox Business News interview, the SEC chair offered some more clarity with respect to regulations, with the focus being on the evergreen security v., not a security debate. Obsolete regulations Specifically outlining what falls under the purview of security, Gensler went on to highlight how in the 1930s, after the collapse of the […]

Startup Technology

Crypto-currencies – new warnings on the rise

Following the Israel Securities Authority’s chairman, Shmuel Hauser’s speech on November 8, 2017,  during the Fintech conference, potential investors would now have reasons to worry about the rise of crypto-currencies, soon to replace the outlawed Binary Options in the exact same companies, where they once used to be a flourishing business, as you can see with some […]

Technology

Canada — Fraud Prevention Month. Crypto-currencies under scrutiny: red flags alert.

March kicks off the annual fraud prevention campaign in Canada, also referred to as Fraud Prevention Month. In the light of some alarming statistics (in the province of Alberta alone, 44 % of investors lack investing confidence) the campaign aims at informing and protecting investors against scammers, by bringing common red flags to their attention. When it […]

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