The Central Bank of Ireland has issued a statement warning investors about the risks associated with digital assets. Central bank warns of misleading ads In a press release published yesterday, the Central Bank of Ireland states that people “should be alert to misleading ads, especially on social media”. Derville Rowland, Director General Financial Conduct at […]
A group of European financial regulators have issued another formal warning to consumers about the risks of cryptocurrency. In a new report, the European Supervisory Authorities, which includes the European Securities and Markets Authorities (ESMA), the European Banking Authority, and the European Insurance and Occupational Pensions Authority, warned consumers that crypto assets are “highly risky […]
With the continuing events in Ukraine dominating global news headlines, let's take a look at the biggest news stories from the worlds of forex, fintech, and crypto, in our best of the week segment.
The Cyprus Securities and Exchange Commission (CySEC) has issued a statement about the European Securities and Markets Authority (ESMA) recommendations on cross-border activities supervision.
The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an attempt to ban coins with energy-intensive mining sparked negative reactions. The lawmaker leading the legislative effort says the matter needs clarification before MEPs can have a say, but the head of the ECB has insisted […]
The Governor of the Hungarian Central Bank, György Matolcsy, recommended that all cryptocurrency-focused activities including trading and mining should be banned across the European Union. (Read More)