Ukraine police shut down 6 fake crypto exchanges

Authorities in Ukraine arrested four people believed to be running fake online cryptocurrency exchanges in the country. Cybercrime police said they have busted at least six sham platforms in Ukraine.
The four suspects allegedly used their specialized …

Dutch financial authority raises doubt over legality of crypto investments

Cryptocurrency investors are faced with another quandary after the Netherlands Authority for Financial Markets (AFM) expressed “serious doubts” over whether entities that are dealing in cryptocurrencies actually conform to licensing laws.
In a letter …

The Central Banks’ Bank (BIS) Hates Bitcoin — Which is Reassuring

The Bank for International Settlements (BIS), a global “bank for central banks” based in Basel, Switzerland, has once more declared that cryptocurrencies are not only “not ready for prime time,” but could also “bring the Internet to a halt.”
[Note: Th…

Crypto market daily report – June 18, 2018

The cryptocurrency markets remained in the negative over the weekend with all major virtual currencies showing slight downward movements, although there was an upward movement for Ethereum Classic, which traded at $15 at one point before it fell slight…

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