Tagged: Katie Norris

Karatbars International GmbH is “Not Authorized to Render Any Financial Advice and Intermediary Services”, South Africa’s Financial Regulator Warns

November 18, 2019 @ 11:30 am By Omar Faridi |

South Africa’s financial regulator, the Financial Sector Conduct Authority (FSCA), has issued a warning against Karatbars International GmbH, a German company that has been promoting a digital currency, called KaratGold Coin, which is allegedly backed by gold. According to FSCA’s release: “Karatbars International GmbH is… Read More

Florida’s Regulators are Investigating Karatbars, a German firm that’s Promoting a Gold-backed Token [u]

October 5, 2019 @ 11:13 am By Omar Faridi |

Florida’s regulatory authorities are investigating Karatbars, a German firm that’s been promoting a crypto token linked to a Miami “crypto bank,” which does not have a banking license. Karatbars previously launched a cryptocurrency that the company claimed was backed by gold. In addition to developing… Read More