Search Results for: "citi"

Bitcoin-Backed ETF Proposals Facing Regulatory Hurdles

January 10, 2018

After the successful launch of Bitcoin futures in the US market, many firms started to push for the approval of Bitcoin ETFs. But now it seems that these exchange-traded-funds will not see the light of day an...

Bitcoin is Not Legal Tender, Clarifies Indian Finance Minister

January 2, 2018

The situation with Bitcoin on the Indian subcontinent is in murky water. Today, Indian Finance Minister Arun Jaitley called out against the digital coin, clarifying that it is not legal tender in the country....

CLS Strengthens Product and Sales Divisions, Hires 2 Key Staff Members

January 2, 2018

CLS Group made important moves with the recent hiring of two new employees in key positions. Angus Scott was brought in from Euroclear, and will be the new Head of Product, while Lisa Danino-Lewis was hired t...

Australian Banks Allegedly Blocking Cryptocurrency Transactions, Freezing Accounts

December 31, 2017

Customers of four major Australian banks are complaining that their cryptocurrency-related transactions are being blocked, according to the Sydney Morning Herald. The banks in question are National Australia...

Thai Finance Ministry Promotes Crypto Education Over Prohibition

December 29, 2017

The Thai Finance Ministry has announced that it will join in an effort to educate Thai citizens about the risks involved with investing in and trading Bitcoin and other cryptocurrencies. According to the Bang...

Russian Cryptocurrency Exchange Manager Kidnapped in Kiev

December 28, 2017

Pavel Lerner, managing director of the EXMO crypto exchange, has been kidnapped in Ukraine, according to local media reports. According to news resource Strana.au, which cited a source in local law enforceme...

Israeli Supreme Court Questions Necessity of Binary Options Ban

December 25, 2017

They say it ain’t over until the fat lady sings, and the Israeli binary options industry might not be finished yet. FortuneZ has got hold of a recent decision by the Israeli Supreme Court that provides the l...

Gibraltar Set to Provide License to Blockchain Firms

December 14, 2017

The British overseas territory of Gibraltar is set to regulate the booming blockchain industry – next month it will issue the world’s first license to fintech firms which are working on the development of dis...

“Seriously Considering” Accepting Bitcoin, Says Senior VP of eBay

December 13, 2017

A ‘cryptocurrency mining rig’ for $3329, a ‘Bitcoin billionaire hoodie’ for $33 or a rare ‘Bitcoin paper wallet’ for $39? All these products are listed on eBay. With the rise of the new crypto economy, the on...

Indian Tax Authority Begins Investigating Bitcoin Exchanges

December 13, 2017

The Income Tax Department of India has begun conducting surveys of cryptocurrency exchanges in major cities across the country, according to a report by Bloomberg. The agency did not reveal if the investigat...