PCI Members Decide To Steer Clear Of Crypto Exchanges
India has been consistently staggering under stringent and rigorous policies related to crypto. These policies can be called as effective as a “shadow ban”. Blows one after the other have caused the crypto community to live in a state of constant fear. The recent development is a sudden curb on accepting UPI payments to sell […]
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Singapore’s deputy prime minister has advised retail investors to steer clear of cryptocurrencies, citing that they are “highly risky.” He stressed, “We cannot express this enough.” Singapore’s Deputy Prime Minister Warns About Crypto Singapore’s Deputy Prime Minister Heng Swee Keat reportedly warned retail investors against investing in cryptocurrency Tuesday while speaking at the Asia Tech x Singapore (ATxSG) summit. He said: Retail investors, especially, should steer clear of cryptocurrencies. We cannot express this enough. He brought up....
There’s a mining contract scheme people are discussing and making the rounds on the web called “Mining City” or “Bitcoin Vault.” The Philippines SEC recently put out a warning against the operation and the alleged masterminds behind the project. One thing is for sure, there’s been a number of crypto Ponzi operations over the years, and they typically attract a lot of users before they crumble. However, as the story goes with any pyramid scheme when the project crashes, only the top leaders make off with all the money. One particular pyramid scheme called....
During an interview with at the invite-only Code Conference in Beverly Hills, Elon Musk said the government should steer clear of trying to regulate Bitcoin and cryptocurrency.
As the bitcoin industry grows in size and scale, more and more members of the community are realizing the downsides of its decentralized nature. After all, there is no single authority overseeing the developments in the industry and making decisions, leaving certain issues such as the block size debate unresolved for long periods of time. Despite this, majority of bitcoin enthusiasts seem to favor the status quo in that the network should stay consensus-based. With that, many are pushing for more collaborative efforts in order to tackle industry challenges as they come along. Enter....
Crypto agnostic Jamie Dimon reiterates his cynicism towards the nascent investment class, warning investors to “stay away from it.” However, the JP Morgan boss has no qualms about selling it to clients. In what is a love-hate relationship with cryptocurrency, Dimon, once again, sounds the alarm on cryptocurrency. But based on his willingness to offer […]