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...
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...
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...
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...
by AIP Online Bureau | Feb 11, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology, Wealth Management/ Philanthropy
Finance Minister Nirmala Sitharaman said, “I am not going to legalise it or ban it at this stage. Banning or not banning will come subsequently, when consultations give me input”. About the profit emanating from transactions in cryptocurrencies, she stated...
