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Wolfie Zhao

Latest from Wolfie Zhao
Kansas Latest US State to Warn on Crypto Investment Risk
The securities commissioner of the U.S. state of Kansas has issued a warning on the risks of cryptocurrency and ICO investments.

Coincheck Must Report on Security Failures, Says Finance Watchdog
Following last week's huge hack, Japan's Financial Services Agency has said Coincheck must report on the issues and its plan for improvements.

Texas Halts Crypto Banking Operation over Regulatory Violations
A Texas financial regulator has issued a cease-and-desist order, this time to decentralized banking platform AriseBank.

Russian Finance Ministry Proposes Draft Law on ICO Regulation
Russia's Finance Ministry has introduced a draft federal law on the regulation of digital assets and initial coin offerings.

Crypto Exchange Coincheck Abruptly Halts Withdrawals
Major Japanese exchange Coincheck has announced the suspension of a number of services today, including all cryptocurrency withdrawals.

Chinese Finance Association Cautions on Overseas ICOs
China's National Internet Finance Association, a self-regulatory group, has warned against participating in overseas ICOs and cryptocurrency trading.

ICE Exploiting Blockchain to Expose Crypto Use in Drug Trafficking
U.S. Immigration and Customs Enforcement is working to expose transactions made by drug traffickers using cryptocurrencies to hide their trails.

PBoC Official Pushes for Centralized State Digital Currency
China's central bank is considering its own digital currency, but it may not be built with blockchain technology, according a senior official.

SEC, CFTC Chiefs Eye Closer Crypto Scrutiny
Two U.S. financial regulators are increasing their commitment to bringing closer scrutiny to the cryptocurrency industry, according to their chiefs.

Investors File Class Action Against BitConnect After Closure
A class action suit has been filed against exchange and lending platform BitConnect, which recently closed following U.S. cease-and-desist orders.
