Swiss shut down ‘fake’ E-Coin in latest cryptocurrency crackdown

ZURICH (Reuters) – Switzerland’s financial watchdog has closed down what it said was the provider of a fake cryptocurrency and is investigating around a dozen other possible fraud cases, in the latest clamp-down on the risks involving virtual money.

The move by the FINMA watchdog comes on the heels of Chinese authorities’ ordering Beijing-based cryptocurrency exchanges to stop trading and immediately notify users of their closure. | More…

|Reuters

About Steve Mac Donald

Husband, Dad, Dog Lover, Blogger, (sometimes) Radio Co-Host, Free Speech Facilitator, Climate Denier, Gun Owner, info-junkie, ...
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