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Need high regulatory standard globally to deal with crypto risks: Yellen

Need high regulatory standard globally to deal with crypto risks: Yellen

by AIP Online Bureau | Nov 11, 2022 | Eco/Invest/Demography, International News, Regulation, Technology, Wealth Management/ Philanthropy

Janet Yellen,US Treasury Secretary “We need a high regulatory standard globally, we need to take steps to reduce the cost of cross-border payments and we are very actively working in the context of financial stability with Financial Action Task Force and...
Singapore says crypto ban not feasible, proposes risk mitigation measures

Singapore says crypto ban not feasible, proposes risk mitigation measures

by AIP Online Bureau | Oct 27, 2022 | Eco/Invest/Demography, International News, Technology, Wealth Management/ Philanthropy

While putting out the regulatory measures in the public domain, the Singaporean central bank said though trading in cryptocurrencies is “highly risky” and not suitable for the general public such digital assets play a supporting role in the broader digital...
Crypto hackers set for record year after looting over $3 billion: Report

Crypto hackers set for record year after looting over $3 billion: Report

by AIP Online Bureau | Oct 13, 2022 | Eco/Invest/Demography, International News, Risk Management, Wealth Management/ Philanthropy

At least $718 million has been stolen so far in October alone, taking the gross tally for the year past $3 billion and putting 2022 on course to be a record for the total value hacked, according to blockchain specialist Chainalysis Inc. Most of the targets are...
Kim Kardashian settles SEC crypto charge, to pay $1.26 million

Kim Kardashian settles SEC crypto charge, to pay $1.26 million

by AIP Online Bureau | Oct 3, 2022 | Facts, Regulation

Kim Kardashian SEC Chair Gary Gensler cited U.S. law that stipulates that people who tout a certain stock or crypto security, they need to disclose not only that they are getting paid, but also the amount, the source and the nature of those payments Kim Kardashian has...
Crypto hackers set for record year after looting over $3 billion: Report

Trading dries up on Indian crypto exchanges as new transaction tax kicks in

by AIP Online Bureau | Jul 5, 2022 | Eco/Invest/Demography, Indian News, Technology, Wealth Management/ Philanthropy

Three exchanges — ZebPay, WazirX and CoinDCX — suffered declines of between 60% and 87% in the value of daily trading immediately after the 1% tax deductible at source became effective on July 1, data from CoinGecko show Warnings from Indian crypto...
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