Australia’s national consumer watchdog has reportedly received over 1,200 complaints related to cryptocurrency scams last year leading to estimated losses of AUD $1.
While the vast majority of tokens and cryptocurrencies in the global market fell by around 10 percent overnight, bitcoin has sustained its momentum in the $11,000 region, with strong volumes.
Abandoning plans to unite to separate industry bodies, a group of Japanese cryptocurrency exchanges is planning to create a self-regulating body in the aftermath of the infamous recent Coincheck theft.
Australian Watchdog Sees 1,289 Cryptocurrency Scam Complaints in 2017
Bitcoin Continues to Outperform Tokens and Cryptocurrencies Amid Recovery
16 Japanese Cryptocurrency Exchanges to Create Self-Regulatory Body: Report