# IMF reiterates more oversight for crypto in latest report on financial stability

# IMF reiterates more oversight for crypto in latest report on financial stability

“# IMF reiterates more oversight for crypto in latest report on financial stability ” The International Monetary Fund’s Financial Stability Board said the growing adoption of cryptocurrencies could potentially increase the risks to the global economy. In its Global Financial Stability Report released on Oct. 12, the International Monetary Fund, or IMF, said the adoption…

Read More
# China’s crypto ban: Buy the dip or cause for concern?

# China’s crypto ban: Buy the dip or cause for concern?

“# China’s crypto ban: Buy the dip or cause for concern? ” Last month China’s central bank, the People’s Bank of China (PBoC), published a memo criminalizing practically all cryptocurrency activity. When the memo started circulating online, Bitcoin’s (BTC) price dropped over 6.5%. Soon after, however, industry experts suggested that the news may have been…

Read More
# Korean crypto exchange Upbit to halt withdrawals for unverified users

# Korean crypto exchange Upbit to halt withdrawals for unverified users

“# Korean crypto exchange Upbit to halt withdrawals for unverified users ” South Korean cryptocurrency exchange Upbit will soon halt services for unverified users. On Oct. 2 the company officially announced a set of changes to its customer verification system in compliance with South Korea’s mandatory Anti-Money Laundering (AML) requirements. According to the announcement, Upbit will…

Read More