investor protection

Hong Kong authorities are taking steps to tighten regulations on the cryptocurrency market following the arrest of six individuals connected to an alleged fraud involving an unlicensed crypto exchange named JPEX. The Chief Executive of Hong Kong, John Lee Ka-chiu, announced on September 19th that ...

Palo Alto Networks CEO Nikesh Arora has urged companies to modernize their cybersecurity systems, cautioning that bad actors have become much faster at breaching company defenses than ever before. Speaking to Jim Cramer on CNBC’s “Mad Money” on Aug. 21, the cybersecurity firm CEO said that compan ...

American actor Ben McKenzie and co-author of "Easy Money: Cryptocurrency, Casino Capitalism and the Golden Age of Fraud" believes cryptocurrencies should be recognized as securities. Ben Mckenzie, known for his prominent role in the movie "Lonely Hearts," said the lack of regulation of cryptocurr ...

Gary Gensler sees artificial intelligence as a transformative technology on par with the internet. However, he, according to the chairman of the SEC, carries certain risks, including for capital markets. In this regard, the regulator, ...

This idea was expressed by Commissioner Christine Johnson She believes all clearing organizations should be subject to the same rules The CFTC's Division of Clearing and Risk (DCR) has issued a formal warning to DCOs regarding the risks of cryptocurrency. More ...

University of Jos in Nigeria has expressed its willingness to accept the digital Nigerian naira (e-Naira) to pay for its educational programs. Top Manager of the Central Bank of Nigeria (CBN), Tinat Esther Catherine, said this during a visit to the University of Jos (UNIJOS ...

The Commission has published a set of recommendations for other regulators Feedback on the document is open until July 31 The International Organization of Securities Commissions (IOSCO) published its rulebook on Tuesday, May 23, regarding regulation of the digit ...

SFC announced preparations at the beginning of the year This decision precedes the introduction of a licensing regime for exchanges on June 1 The conference will begin at 3:15 pm (Kiev time) The Hong Kong Securities and Futures Commission (SFC) will h ...

Any value market has its own fraudulent schemes. Precious stones, for example, are synthesized and paper bills are counterfeited. There are similar schemes in the crypto market. One of them is ragpolls. What is a ragpull Talking ...

The Securities Commission of Malaysia (SC) accused cryptocurrency exchange Huobi Global and its CEO Leon Lee of lack of registration. SC demanded that Huobi shut down its services for local users. The regulator issued a warning that Huobi Global and its CEO Leon Li are op ...

The New York Attorney General's Office is demanding that cryptocurrency platform Coin Cafe pay users $4.3 million in compensation for hidden fees that were charged for bitcoin storage. The New York attorney general's office alleges that Coin Cafe charged users exorbitant ...

Belgian Financial Services and Markets Authority (FSMA) reports that employees of the agency have recorded a significant increase in the number of distribution channels of advertising information about different types of investments in crypto assets. Data on losses incurred b ...

On Tuesday, May 16, the European Council completed the procedure for harmonizing legislation on the regulation of the crypto-assets market in the EU. Finance ministers from the 27 countries that make up the European Union have unanimously supported the draft law on regula ...

The U.S. Securities and Exchange Commission (SEC) has asked the court to reduce the fine for decentralized platform LBRY from $22 million to $111,614 because of LBRY's lack of funds. According to a document filed by the agency in the District Court of New Hampshire, the S ...

The Securities and Exchange Commission (SEC) in the United States has filed charges against the cryptocurrency platform Beaxy for engaging in brokerage and clearing activities without proper registration. Additionally, Beaxy is accused of conducting an illegal securities offering, which raised $8 ...

The US Securities and Exchange Commission (SEC) has issued a warning to investors regarding the potential risks associated with investing in crypto assets. The agency has specifically cautioned against relying solely on proof of reserves (PoRs) published by cryptocurrency exchanges, stating that ...

During an interview with CNBC, Michael Sonnenshein, the CEO of Grayscale Investments, expressed his frustration with the US Securities and Exchange Commission's (SEC) repeated refusal to approve the launch of a Bitcoin-pegged ETF. The SEC has cited concerns about manipulation in the spot market a ...

During a Senate Banking Committee meeting, US Democratic Senator and Chairman of the Committee, Sherrod Brown, emphasized the need for a comprehensive regulatory framework for cryptocurrencies to safeguard investors from losing their funds. Brown cited a series of bankruptcies within the cryptocu ...