Tag: regulator

UK Regulator Issues Warning on Trading Digital Currency CFDs

Recently, digital currency contracts for differences, also known as CFDs, have become more and more popular thanks to an increased marketing effort on the part of providers. Because of this, the UK Financial Conduct Authority (FCA) has decided to issue a warning pertaining to the possible risks that investors expose themselves to when trading CFDs. Understanding the CFD risks Digital currency CFDs are complex financial instruments allowing investors to speculate on the possible …
[Read More]

Japanese Financial Regulator Issues Warning on ICOs

While many people consider initial coin offerings to be high-risk investments, the rewards are often worth it for investors throughout the world. However, ICOs remain an unregulated market, and recently, Japan’s Financial Services Agency (FSA) warned of the risks posed by these crowdfunding campaigns. Price volatility and fraud potential The agency commented that the potential for fraud as well as price volatility are danger factors faced by investors in ICOs, but also mentioned that they could be …
[Read More]

Cyprus’s Financial Regulator to Introduce Blockchain-Based Payment System

Following thorough research into what blockchains are capable of, financial institutions throughout the world have started offering blockchain-based services to the public. Recent reports indicate that the Cyprus Securities and Exchange Commission (Cysec) is planning to introduce distributed ledger technology to its electronic payment system. Cysec partners with BARAC At this time, Cysec is actively exploring the benefits of blockchain technology. As a member of the European Securities and Markets Authority, it’s also …
[Read More]