And yet Chinese regulators have issued multiple warnings on risks associated with
global cryptocurrency activities.
Not exact matches
The deVere CEO concludes: «Robust regulation that is devised, implemented and enforced by international financial regulators will mean further protection for the growing number of people using
cryptocurrencies, the less likely it will be that criminals will use these digital payment methods, the less potential risk there will be for the disruption of
global financial stability, and the more potential opportunities there will be for higher economic growth and
activity in those countries which introduce it.»
These interactions and participation in the
activities of the
global market will be fuelled by
cryptocurrency which is now rivaling their mainstream and popular fiat counterpart.
The part that various
global nations will play in the regulatory side of the Bitcoin and
cryptocurrency space is very much unclear right now but, one thing seems certain: that if any sort of regulatory
activity is going to
Although the price trend of bitcoin suggests that the
cryptocurrency has been performing poorly in terms of user
activity and adoption, several leading conglomerates in the
global finance sector have started to integrate bitcoin into their existing infrastructures.
The hostile regulatory approach towards digital assets is becoming
global, as authorities seek to curb illegal
activities carried out using
cryptocurrencies.
Forward - looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of
activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward - looking information, including but not limited to: risks related to changes in
cryptocurrency prices; the estimation of personnel and operating costs; general
global markets and economic conditions; risks associated with uninsurable risks; risks associated with currency fluctuations; competition faced in securing experienced personnel with appropriate industry experience and expertise; risks associated with changes in the financial auditing and corporate governance standards applicable to
cryptocurrencies and ICO's; risks related to potential conflicts of interest; the reliance on key personnel; financing, capitalization and liquidity risks including the risk that the financing necessary to fund continued development of the Company's business plan may not be available on satisfactory terms, or at all; the risk of potential dilution through the issuance of additional common shares of the Company; the risk of litigation.