German Regulator Halts Crypto.Exchange Company

The German regulator claims the company has been offering Bitcoin exchange services without proper regulatory permission
30 January 2018   462

The Federal Financial Supervisory Authority (BaFin), the financial regulatory authority for Germany, ordered the Crypto.exchange company to halt these specific services immediately, saying the company is essentially operating a financial commission business without regulatory authorization.

Crypto.exchange, a Berlin-based company has been advertising a new service, in which it offers to sell clients’ Bitcoins across cryptocurrency exchanges, and transfer the coin’s value in Euros to client accounts, within 30 minutes of the transaction’s execution.

Crypto.exchange GmbH, released a statement on their website, claiming that the company had already been audited by BaFin. However, recent complaints made by clients regarding the execution of the services have brought about new scrutiny with regard to the Bitcoin to Euro exchange services.

Some clients are claiming that they did not receive payment in any form, after they had already transferred Bitcoins to the company. The company’s website is currently down, which further raises suspicion over the entire operation.

Texas to host BitBlockBoom conference

Bitcoin, blockchain and cryptocurrency conference BitBlockBoom will be held on July 14 - 15 to discuss the disruptive technology
19 May 2018   46

Bitcoin, blockchain and cryptocurrency professionals are going to convene in Irving, TX on July 14 through July 15. Brightest minds in crypto will be talking about the true meaning of Bitcoin, the promise of a distributed ledgers, and the potential of decentralization. First wave of speakers are as follows:

The conference will be held at the Study USA. Here is what the event says about itself:

Invest in yourself. Learning about cryptocurrency today is like learning HTML in the 1990s. With the proper training you can have a career spanning decades. With the proper knowledge you can avoid scams and discover opportunities to prosper in this new industry.

The event is sponsored by Crypto Unicorn Money. To learn more about the event, you can visit the official page here.