According to an article dated February 2nd 2023 in the Official Monetary and Financial Institutions Forum "2023 looks set to be a defining year for cryptocurrencies, crypto assets" and central bank policies. If you try to get a feel for the regulator's sentiment in regards to crypto or digital assets you can clearly see a lot of distrust. This is due to a variety of reasons, … [Read more...] about Cryptocurrencies AND CFDs: Regulatory Perspectives 2023
In an article which was published last month, the European Parliament outlined in broad strokes the various threats versus benefits related to cryptocurrencies. We took a close look at what their legal department had to say, and decided to touch certain issues we believe to be important. The European Union's primary focus is to protect users or investors in this case. In … [Read more...] about Crypto Dangers Versus Benefits. EU Legal Perspectives
In a move that could set the stage for further government action around the world, Australia has brought a lawsuit against Meta, the parent company of Facebook. The suit focuses on Facebook’s role in perpetuating cryptocurrency scams on the platform that are spread through the website’s self-serve advertising features. Critics say that the website doesn’t go far enough in … [Read more...] about Australia Takes Legal Action Against Meta in Landmark Suit
Facebook Scam Sees Hopeful Investor Lose Thousands to Fake Crypto Investment Platform Cryptocurrency scams have become a major threat online, and one Australian woman has found this out the hard way. Anna Rogers of Sydney has lost $8,000 to an online scam that she found through an ad on Facebook, a platform that has become a haven for these types of fraudulent investment … [Read more...] about Facebook Scam Victim From Australia Exposes Fraud!
Automated trading has quickly become a mainstay among crypto investors. However, automated Bitcoin trading has also given a wide range of opportunities for negligent exchanges and outright scammers to harm investors. What do regulators have to say about automated trading, and what are they doing about it? Becoming a successful trader in any type of market requires years of … [Read more...] about Cryptocurrencies, Automated Trading, And Regulation. Trends and Updates