Crypto investors still driven by FOMO and FUD, Kraken warns
Over 80% of crypto holders admit emotional triggers like FOMO and FUD drive their investment decisions, a survey reveals. A new survey of 1,248 crypto holders shows the significant impact of emotional decision-making, with 84% admitting to making investments based on fear of missing out and 81% influenced by fear, uncertainty, and doubt, Kraken reveals. […]
Hong Kong’s HKMA warns against overseas crypto firms posing as banks
The Hong Kong Monetary Authority cautions the public on overseas crypto firms falsely claiming to be banks, urging caution as such claims may violate local banking laws. Hong Kong‘s financial regulator, the Hong Kong Monetary Authority, warning against overseas crypto firms misrepresenting themselves as licensed banks in a Nov. 15 press release, saying such firms […]
CFTC commissioner warns against infringing on SEC’s authority in KuCoin case
CFTC Commissioner Caroline Pham suggested the regulator was “conflating a financial instrument with a financial activity” in its enforcement action against KuCoin. Source link
