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Tag Archives: Risks

A New Dawn for Insurance – Sharing Each Other’s Risks through the Blockchain

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. The ...

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President of Chile’s Central Bank Considers Cryptocurrency Regulation, Says It Is Useful for ‘Monitoring Risks’

Mario Marcel, the president of Chile’s Central Bank, is considering regulating cryptocurrencies in the country in order to monitor risks, local news outlet El Economista reported Tuesday, May 15. Cryptocurrencies in Chile are not currently considered as money or securities, but there are no laws in place that prevent citizens from exchanging crypto for goods and services. During a forum ...

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IMF Report Says Crypto Does Not ‘Pose Risks’ To Global Finance

Cryptocurrencies “do not appear to pose risks to financial stability,” the International Monetary Fund (IMF) said in a report published the second week of April. In comments on crypto assets as part of its Global Financial Stability Report, the organization continued its recent stance in promoting international agreements on regulation. The report continues, “…they could [pose a risk] should their ...

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Security Firm Avast Demonstrates Cryptojacking Risks to Smartphones and IoT Devices

Global digital security firm Avast will be demonstrating the risks posed to smartphones and IoT devices by cryptojacking. The company has a stall at the RSA 2018 conference being held this week and will be performing live demonstrations mining Monero. Cryptomining Poses Risks to More Than Just Computer Uses The demonstration hopes to show people how malicious cryptocurrency mining can ...

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Switzerland Risks Losing Cryptocurrency Haven Status Over Increasing Regulation

Switzerland, a country renowned for its safe-haven status in capital markets, may have missed the opportunity of becoming a top jurisdiction for initial coin offerings. Tim Draper, a high-profile bitcoin enthusiast and early investor of Tesla, SpaceX, and Skype, has crossed the country off the map after the government allowed regulation to dissuade startups from launching ICOs there. Switzerland Risks Losing ...

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Crypto Risks | The Central Bank of Kenya Joins Conversation

There are a lot of people out there that remain skeptical of the cryptocurrency sector. Whether it be calling for more crypto regulation, or simply warning investors of all the crypto risks, someone, in some country, has these opinions – and they’re voicing them. Banks are Concerned about Crypto Risks The latest to join the conversation surrounding crypto risks is ...

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How Anonymous Is the Purchase of Crypto? Regulations, Practice, Risks

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. In a worldwide environment where privacy is constantly under threat, purchase of cryptocurrencies is not an exception. In the early stage of this market, as the number of users and exchanges was not significant, ...

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Cryptocurrencies Do Not Pose Serious Risks

When it comes to bitcoin and cryptocurrencies, Mark Carney, governor of the Bank of England and chairman of the Financial Stability Board (FSB), is known for being a harsh critic. Though Carney has praised the technology behind cryptocurrency in the past, he has often referred to digital money as a “bubble,” claiming it has failed users and is “no substitute ...

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Coincheck Removes Monero, Dash, and Zcash Due to “Risks” – The Merkle

More interesting developments are happening in the world of cryptocurrency. Coincheck has made a lot of major headlines in the past few months. The company was recently hacked and is now dropping support for anonymity-oriented currencies altogether. It’s a rather surprising development, although one that is easily justified. More Coincheck Developments The main reason people are focused on the Coincheck exchange ...

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