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Be ready to lose all your money in crypto, EU regulators warn

Be ready to lose all your money in crypto, EU regulators warn : Rashtra News #ready #lose #money #crypto #regulators #warn London: Consumers risk losing all their money invested in cryptoassets and could fall prey to scams, the European Union's securities, banking and insurance watchdogs said in a joint statement on Thursday. "Consumers face the

London , City-of , United-kingdom , European-union , Crypto , Cryptoassets , Eu-regulators , Lose , Money , Ready , Regulators

Financial crimes watchdog beefs up crackdown on crypto assets

Financial crimes watchdog, the Financial Intelligence Centre, wants to intensify the monitoring of cryptocurrencies.

South-africa , World-war , Sunday-times , Financial-intelligence-centre , Fic , Christopher-malan , Cryptocurrencies , Crypto , Cryptocurrency , Bitcoin , Cryptoassets

Fintech, Including Crypto, Is Reshaping How Funds Flow Worldwide

The combination of cryptocurrencies, remittances, mobile money, and bank/fintech partnerships is what energises frontier and emerging markets, and incentivises fund flows

Egypt , Philippines , Mexico , India , China , World-bank , United-nations , Mckinsey-global-payments-reports , Industry-report , Mobile-money , Fintech

EU agrees on stricter rules to combat money laundering and capture cryptoassets

The European Union reached a provisional deal on Thursday to improve how national authorities work with each other to combat money laundering,…

Dubai , Dubayy , United-arab-emirates , Saudi-arabia , Finland , Russia , Moscow , Moskva , Italy , Helsinki , Eteläuomen-läi , Estonia

Protecting consumer rights in the emerging era of virtual digital asset

This article is authored by Ashim Sanyal, CEO & secretary, Consumer VOICE and Kaushal Mahan, vice president, Chase India.

Japan , Hindustan , India-general- , India , Canada , South-korea , Kaushal-mahan , Ashim-sanyal , European-union , Bloomberg , Leader-summit , Crypto-asset-reporting-framework

Is The Data Accurate About Crypto Adoption In Africa?

Popular statistics, like Africa's adoption of mobile money, are less about the inevitability of crypto and more about the continent's exploding fintech landscape.

Kenya , South-africa , Nigeria , Roselyne-wanjiru , Finextra-mckinsey , Yougov , Data-commons , Disrupt-africa , Africa , Crypto , Fintech , Cryptoassets

india: Web3-virtual asset community waiting for India's clarity on crypto, virtual assets

Given that the country's technologists are providing impetus for digital transformation globally and that the market is too large to stay out of this new phenomenon, the global industry is waiting for India to provide legal clarity on cryptos and virtual assets.

Mumbai , Maharashtra , India , Dubai , Dubayy , United-arab-emirates , Singapore , New-delhi , Delhi , Japan , Astar , Jammu-and-kashmir

Europe Approves World's First Cryptocurrency Regulations

The European Union has approved a set of rules—the first such regulation in the world—to regulate crypto-assets like cryptocurrencies and tokens in a bid to curb money laundering activities and protect investors.

United-states , Sweden , Netherlands , White-house , District-of-columbia , Dutch , Christine-lagarde , Elisabeth-svantesson , Joe-biden , Celsius-network , Financial-affairs-council-ecofin , European-central-bank

World Business Report

authorised by the eu. they'll also have to comply with regulations on money laundering and the financing of terrorism. crucially, transfers of cryptoassets are now to be traced in the same way as traditional financial transactions. the ex—boss of audi rupert stadler has made a confession about his role in the vw diesel scandal. this makes him the first former vw board member to plead guilty to knowing about the illegal software being used to cheat on vw diesel emissions tests. if you're in asia, you might have noticed it's warmer than usual recently, with the temperature hitting record highs in places like vietnam and bangkok. from beijing, stephen mcdonnell sent this report. beijing is known for its freezing winters and roasting hot summers.

European-union , Regulations , Financing , Cryptoassets , Money-laundering , Terrorism , Transactions , Way , Rupert-stadler , Software , Ex-boss , Former