Instagram influencer nabbed in Dubai for running alleged cryptocurrency investment scam

Aziz ‘Com’ Mirza, a Canadian man living in Dubai, has been arrested by authorities and accused of defrauding investors through a string of get-rich-quick schemes, including real estate-backed cryptocurrency Habibi Coin — once dubbed “the Bitcoin of the Middle East.” According to Gulf News, Mirza, who describes himself as a serial entrepreneur, mentor, influencer, and […]

Denmark Follows U.K. to Ban Binary Option Sale to Retail Clients

Denmark plans to ban the sale of binary options to retail customers, saying the securities are too complex and risky for non-professional investors. The move mirrors similar measures under way in other countries, including the U.K. and Austria. Growing numbers of retail investors in Europe are losing money on the products, which are often sold online by […]

Facebook plans June 18th cryptocurrency debut. Here’s what we know

Facebook  is finally ready to reveal details about its cryptocurrency codenamed Libra. It’s currently scheduled for a June 18th release of a white paper explaining its cryptocurrency’s basics, according to a source who says multiple investors briefed on the project by Facebook were told that date. Meanwhile, the company’s Head of Financial Services & Payment Partnerships […]

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