Hunt warns of ‘state control’ over companies amid Huawei deal row

Hunt urges caution over Chinese ‘spy’ firms: Foreign Secretary warns of ‘state control’ over companies amid fall-out over deal to let Huawei help build UK’s 5G network Warning as companies in China are ‘legally obliged’ to help their country’s spies Row erupted last week after news of Theresa May’s 5G deal with Huawei leaked Comments come amid plans to deal […]

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Mother warns of social media dangers after daughter hangs herself

Devastated mother whose 12-year-old daughter wrote ‘RIP’ on her foot then hanged herself after being ‘bullied’ online warns parents ‘don’t let your child be next’ Jessica Scatterson killed herself in her bedroom in Warrington, Cheshire, in 2017 Inquest heard social media activity ramped up to ‘intense’ levels before death  Mum Rachael Warburton claimed it’s too easy for kids to access […]

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Basel Committee Warns Banks on Crypto Assets – BTCMANAGER

The Basel Committee has claimed that crypto assets are a threat to global financial stability and advised banks to deal with them at their own risk, according to an official March 13, 2019 report published by the Bank for International Settlements (BIS). A Bone to Pick Regardless of all the progress the crypto industry has made in the years since […]

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Report Warns MPs That Regulations Could Threaten UK’s Crypto Market

A report has warned U.K. MPs to thread carefully when creating regulations to govern the nation’s digital currency sector. The document is in response to plans made by MPs to place the U.K.’s financial watchdog, the Financial Conduct Authority (FCA), at the centre of a crack down on money laundering and other crimes facilitated by crypto. Report Argues That Crypto […]

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Regulations Round-Up: Tokenized Securities in Singapore, China Warns of Illegal Fundraising

In recent regulatory news, Chinese authorities have issued a warning seeking to encourage citizens to be skeptical regarding the promotional claims of illegal fundraising schemes operating with cryptocurrencies, Singapore Exchange and the Monetary Authority of Singapore have partnered with Anquan, Deloitte, and Nasdaq to settle tokenized securities using distributed ledger technology, and Hungary’s finance ministry has indicated that it is […]

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Cryptocurrency Fraud Cost UK Investors £2 Million This Summer

Cryptocurrency fraud cost UK investors £2 million in June and July of this year, according to Action Fraud, the government’s fraud and crime reporting center. The center received 203 reports of cryptocurrency fraud during that period, amounting to an average of £10,095 per person. “These statistics show that opportunistic fraudsters are taking advantage of this market, offering investments in cryptocurrencies […]

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