Log In | Subscribe | | |

Cryptocurrencies

ASIC has taken action to stop several proposed initial coin offerings or token-generation events (together, "ICO"s), targeting retail investors.

Editorial Staff
BIScom Subsection: 

It takes something of a cheek to solicit investment in a fraudulent scheme and to publish a website with comments falsely attributed to the Chairman of the Monetary Authority of Singapore who also happens to be the country's deputy prime minister. But as MAS has warned, that's exactly what someone is doing...

Editorial Staff
BIScom Subsection: 

This morning, I received, in one of my corporate mailboxes, a spam which is disturbing on several levels, none of which are relevant to the core arguments in this piece so I've added the text in a footnote for readers' information.

What is relevant, and not disturbing, is that it demands payment to a specific bitcoin account.

This is it: 1JXuMq6sbL95XnrcDEsrZTCvvRjB52RCAD.

Governments and others are focussed on the person behind the account. There is another way, says Nigel Morris-Cotterill

World Money Laundering Report
BIScom Subsection: 

If the domain name used to send a spam and the subject line are inconsistent, that's often a guide to the probability that a the spam is also a scam. If the subject matter of the content is unrelated to a domain name that indicates a connection to a specific subject, that is also an indicator. So digital@myrountrips.net writing about "Multiple revenue streams" and "The Most Profitable Digital Currency System in the World" ticks more than enough boxes. Then we are promised no-lose crypto-currency trading.

Editorial Staff
BIScom Subsection: 

On 19th March, the USA's Office of Foreign Assets Control, a division of the US Treasury, which publishes lists of persons sanctioned under trade and economic policies, under policies that are political including but not limited to national security plus those under the USA PATRIOT Act announced that it was to include, where it has it, cryptocurrency data relating to subjects. Just what are they planning and what will it mean for crypto-currency holders and exchanges and businesses such as online auctions and advertising platforms?

Nigel Morris-Cotterill
BIScom Subsection: 

AUSTRAC statement

Are you a digital currency exchange provider?
16 January 2018 (updated 18 January)

Editorial Staff
BIScom Subsection: 

 


 

hahagotcha