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Cryptocurrency scams on the rise in the UK Britains Financial Conduct Authority

Cryptocurrency Scams on the Rise in the UK – Britain’s Financial Conduct Authority

Reuters published a warning from Britain's Financial Conduct Authority for investors on August 17th, informing them of an increase of cryptocurrency related scams which are leveraging celebrities and uptown London addresses to convince potential investors into buying into their scam. Similar warnings came out of BFCA's online channels, and now once again on the 17th of…

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Japanese FSA Produces Inspection Report Detailing Crypto Exchange Security

The Japanese Financial Services Agency (the FSA), was performing an on-site inspection of crypto exchanges in the country and they finally produced a document that explains the inspection, the findings, and suggestions, as reported by CoinTelegraph Japan on August 10. The findings suggest that the organization has decided to inject increasing levels of oversight in the…

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IBM and Maersk are Turning the Shipping Industry on Top of its Head With Their Latest Revelation

On July 9th, business giants IBM and A.P. Moller – Maersk released a press release through www.prnewswire.com informing the world about TradeLens, a platform that is designed to become the worlds' most powerful shipping ecosystem. Coming from somebody else, this might be a surprise, but both IBM and Maersk are giant players in international business. This endeavor…

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Starbucks will NOT accept Cryptocurrencies for your Coffee

Recent news reports on both cryptocurrency focused and mainstream media yet again painted a wrong picture by omitting and misrepresenting facts. On August 3rd, Starbucks published a blog update with the title "Intercontinental Exchange Announces Bakkt, a Global Platform and Ecosystem for Digital Assets". The post describes that the coffee chain is partnering up with tech giants…

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Coinbase Increases Limits for Verified Customers & Adds Instant-Settlement

Coinbase, the biggest US-based cryptocurrency exchange and the world's most regulatory-compliant one, has some significant changes for us this week. They've increased the purchase limits for all their US customers which have passed the necessary KYC and AML verifications, and also have added a new instant settlement procedure on bank transfers. Individuals will no longer have…

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