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Brazil and Indonesia lead the world in crypto adoption: Study

Brazil and Indonesia lead the world in crypto adoption: Study

by AIP Online Bureau | Apr 4, 2022 | Eco/Invest/Demography, Facts, Wealth Management/ Philanthropy

Brazil and Indonesia lead the world in crypto adoption, Gemini found, with 41% of people surveyed in those countries reporting crypto ownership, compared with 20% in the United States and 18% in the United Kingdom Gemini found that 79% of people who reported owning...
Be ready to lose all your money in crypto, EU regulators warn

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

by AIP Online Bureau | Mar 18, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

Regulators are increasingly worried that more consumers are buying 17,000 different cryptoassets, including bitcoin and ether, which account for 60% of the market, without being fully aware of the risks LONDON:, Consumers risk losing all their money invested in...
Russians liquidating crypto in the UAE as they seek safe havens

Russians liquidating crypto in the UAE as they seek safe havens

by AIP Online Bureau | Mar 12, 2022 | Eco/Invest/Demography, International News, Technology, Wealth Management/ Philanthropy

A financial source in the UAE confirmed that Russians were buying property in Dubai, using crypto as a way of getting their money out of other jurisdictions and into the Gulf state Dubai, the Gulf’s financial and business centre and a growing crypto hub, has...
U.S. Treasury launches campaign to educate public about crypto risks

U.S. Treasury launches campaign to educate public about crypto risks

by AIP Online Bureau | Mar 10, 2022 | Facts, Policy, Regulation, Wealth Management/ Philanthropy

Populations that have limited access to mainstream financial services is a key group the Treasury will look to reach, Nellie Liang, Treasury undersecretary for domestic finance “We’re hearing more and more about investors and households who are purchasing crypto...

Time to ready global response to crypto risks, regulators say

by AIP Online Bureau | Feb 16, 2022 | International News, Regulation, Technology

Regulators worry increasingly about how a meltdown in cryptoassets – markets which are highly volatile and still opaque – would feed through into the wider financial sector London: Risks from the $2.6 trillion crypto market could grow quickly and regulators need...
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