Entity Name: Bitcoin Future Email: Unknown Telephone: Unknown Reason for warning: We are concerned that Bitcoin Future has the hallmarks of a scam. We recommend exercising caution before dealing with this entity as it is not a registered company or financial service provider in New Zealand. Feb 24, · FMA SYSTEM % SEGURA GANA 30% DE INTERÉS MENSUAL registrate: 24crypto.de?referral= Bitcoin, Ethereum, Litecoin and similar blockchain-based coins have changed the market order in recent years. In this field we are witnessing a real paradigm shift. The Austrian Financial Market Authority (FMA) is receiving wave after wave of enquiries.
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Final Frontier co-founder Imraan Moola aid:. Follow BitcoinNews. Telegram Alerts from BitcoinNews. Want to advertise or get published on BitcoinNews. New Zealand is finally about to launch its first ICO with cryptocurrency exchange Coingrid planning to begin a USD 3 million fundraiser in the next two weeks. ICOs are generally registered overseas to avoid government regulations, which still lack clarity.
The approach by Coingrid is an, as yet, untested approach by other cryptocurrency exchanges. Distributors of cryptocurrencies will come under the current legislation for securities.
Austria has been considering regulating cryptocurrencies for some time along with its European neighbors, most of who are at different stages of applying tighter rules for digital currency in their jurisdictions. Cryptocurrencies use encryption technology to control the amount of currency issued and to record ownership and payments.
They are not legal tender money that must be accepted as payment and do not exist physically as notes and coins. It can be used to buy goods or services from anyone willing to accept it. Cryptocurrency exchanges enable you to buy and sell cryptocurrency and some allow you to convert it back into money — like New Zealand dollars at any time if someone is willing to buy it.
Some cryptocurrencies are offered through ICOs. These are high-risk investments offered by a business or individual raising money for an online venture, like the development of a digital platform. Funds are raised by issuing tokens.
Many overseas cryptocurrency exchanges are unregulated and operate exclusively online — with no connection to New Zealand. This makes it hard to find out who is offering, exchanging, buying or selling it. Using cryptocurrencies may make you a target for scammers or businesses selling high-risk investments. There are lots of cryptocurrencies available. The risk increases if you invest in the futures market through contracts for differences CFDs where you make or lose money by predicting how the price of cryptocurrencies might change.
Even small movements in currency values can have a big impact on any gains or losses you make. All online transactions are at risk of cyber-crime.