
Crypto Founder Warns: Skipping XRP Could Be The Real Risk
A new round of debate is gaining traction throughout the crypto universe, driven by the argument that not going into crypto at all could be the actual gamble investors are making. Dom Kwok, EasyA co-founder, made the argument earlier this week by stating that crypto isn’t the gambit people are making it out to be. […]
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United States Sen. Elizabeth Warren is urging Congress to reject the GENIUS Act, a bill that would potentially pave the way for what she terms “crypto corruption.” Related Reading: Crypto Founder Warns: Skipping XRP Could Be The Real Risk The bill – the Guiding and Establishing National Innovation for US Stablecoins Act – has been […]
Bridgewater Associates founder Ray Dalio has warned that cryptocurrency’s biggest risk is its own success. He explained that it could attract regulators to come down tough on the crypto industry because “as a storehold of wealth no government wants to have an alternative currency.” Crypto’s Success May Attract Tough Regulation Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, warned about the success of cryptocurrencies at the Wall Street Journal “Future of Everything Festival” this week. Dalio is the co-founder and....
The central bank warned citizens and residents that they use cryptocurrencies at their own risk.
U.K.’s financial regulator, the Financial Conduct Authority (FCA), has warned that 111 companies are offering crypto services in the country without proper registration. “This is a very real risk so we are worried about that,” said the regulator’s head of enforcement and market oversight. 111 Unregistered Firms Operating in the UK Britain’s financial watchdog, the Financial Conduct Authority (FCA), has identified 111 companies operating in the crypto space without necessary registration, Reuters reported Tuesday. The FCA head of enforcement and market....
Some high-profile investors have taken the recent market downturn as an opportunity to add to their crypto positions, though others warn there’s still a risk of worse to come. Some of the highest-profile investors in crypto believe that a crypto market bottom is fast approaching and the timing is right to buy — although one still warns of catastrophic outcomes should prices fall below established support levels. Billionaire Mike Novogratz, the founder, chairman and CEO of digital asset merchant bank Galaxy Digital Holdings told a Morgan Stanley conference on June 13 that cryptocurrencies....