Thai SEC Warns Public About Investing in Nine Unregistered Tokens and ICOs

The Thai Securities and Exchange Commission (SEC) has issued a warning about investing in nine digital tokens and Initial Coin Offerings (ICOs), which have not been accredited by the regulator, news outlet Bangkok Post reported Oct. 26. The SEC reportedly initiated an investigation into digital tokens and ICOs being promoted on social media platforms for investment, and found nine cases wherein promoted digital assets had not been authorized by the market regulator. Per the SEC, the alleged digital assets and ICOs have neither filed an application for the SEC’s approval,…

High-Earning Millennial Men are Most Interested in Crypto Investing

Recent research by blockchain-focused company Clovr has revealed that cryptocurrency investing is most popular among millennials earning from $75,000 to $99,999 annually. The survey collected responses from over 1,000 Americans between ages 18 and 80. Per the survey, men are almost twice as likely as any other generation to invest in digital currencies, with 43 percent of men and 23 percent of women investing in crypto. 47 percent of individuals with an annual income not less than $75,000 annually have invested in digital assets, while less than a quarter of…

How Invictus Capital Is Reshaping the Landscape of Cryptocurrency Investing

One of the impacts of the rapid, global advancement of digital asset markets has been seasons of volatility and turbulence. This creates a challenging environment for even the most astute investors in terms of managing cryptocurrency portfolios and investment strategies.  Lacking the expertise and knowledge to effectively navigate these headwinds, investors often find themselves mired in uncertainty. It is here where blockchain technology and the distributed tracking of crypto assets are receiving a wealth of attention. Use cases are emerging in this space, reshaping the landscape for how investors interact…

Millennial Women are Underrepresented in Crypto Investing

A new study by crypto finance company Circle, published September 12, shows that millennial women invest in cryptocurrency at half the rate of men. The survey collected answers from over 3,000 millennials, Gen Xers, and Baby Boomers in the U.S., covering such issues as investment, associated risks assessment, and attitudes toward emerging asset classes like crypto. According to the poll, 25 percent of millennials said they are interested in purchasing digital currencies over the next 12 months, which sets them apart from the other generations by more than 10 percent.…

KB Financial Group Report Finds Only 2% of South Koreans Interested in Crypto Investing

South Korean financial holding company KB Financial Group Inc. has released an Aug. 6  report on crypto investments in 2018, finding the majority of domestic respondents revealed no intention to invest in crypto. KB Financial Group Inc. is headquartered in Seoul, South Korea and focuses on a range of banking and related financial services. Their survey involved 600 households that had financial assets of more than KRW 500 million (around $447,000) from April to May, as well as 400 respondents with over KRW 1 billion in financial assets (around $894,000).…

Major Swiss Online Bank Posts Soaring Profits After Offering Clients Crypto Investing

Online banking service provider Swissquote has seen a 44 percent surge in profits in the first half of 2018, an uplift attributed to the “crypto boom” earlier this year, local news outlet Finews reports July 31. In July 2017, the Swiss-based online bank was credited by many with becoming “the first” European online bank to launch Bitcoin (BTC) trading accounts for its clients. Other Swiss financial institutions have been clamoring to post “firsts” in the integration of crypto into the financial sector, with Falcon Private Bank moving in just ahead…

Five Questions to Ask Before Investing in a Blockchain Company

As interest in blockchain continues to gain traction, the importance of investor education is at an all-time high. With hundreds of new projects popping up every week, it may be hard to separate the wheat from the chaff. Not every project can be or will be successful. To further complicate matters, some come with a cryptocurrency token used to raise funds. How do you protect yourself prior to investing? Educate, educate, educate. I always advocate for researching the project’s team, the industry they are trying to disrupt, and reading the…

Young Millionaires Interested in Investing in Cryptocurrencies

In its World Wealth Report 2018, consulting firm Capgemini identified a marked growth of interest in cryptocurrencies among rich investors, Cointelegraph auf Deutsch reported yesterday, June 19. For the report, Capgemini interviewed high-net-worth individuals (HNWI) and asset managers around the world about their interest in cryptocurrencies. According to the report, nearly a third (29 percent) of the surveyed millionaires expressed a high interest and more than a quarter (almost 27 percent) a general interest. The potential of cryptocurrencies to generate investment returns and store value is a driving interest among…

Number of Women Eyeing Crypto Investing Doubled Since Start of Year

Over the last six months, the amount of women considering an investment in cryptocurrencies has gone from 6% to 13%, reports City A.M. June 9. The report was based on a market research conducted by a UK cryptocurrency exchange London Block Exchange, which shows that cryptocurrency is most popular with women in the millennial generation, one out of five of whom express a desire to invest. The research also suggests a difference in the way men and women invest, with women taking a more strategic approach as they are 50%…