The world-second most populous country has the ability to reach great heights when it comes to cryptocurrencies. Recently, Indian cryptocurrency exchange BuyUCoin developed a framework to regulate crypto in India. According to BuyUCoin, all the Indian crypto stakeholders support this framework. Interestingly, the framework or ‘sandbox’ will be officially released in less than a month …
Indian Cryptocurrency Exchange and its Framework Read More »
There is no unique approach when it comes to regulating the crypto industry. Interestingly, the county that has a huge potential to develop this industry, continues to surprise with its decisions. For example, in early September Russia’s Ministry of Finance proposed a blanket ban on any crypto transactions. With the exception of obtaining cryptocurrency through …
Russian Authorities and Evolution of the Crypto Industry Read More »
Russia’s Ministry of Finance plays an important role when it comes to the cryptocurrency industry. For example, in early September, the ministry proposed a blanket ban on any crypto transactions except for obtaining cryptocurrency through three methods. The first one is inheritance, the second one is bankruptcy, and the last one is the enforcement proceedings. …
Ministry of Finance and Cryptocurrency Industry in Russia Read More »
Cryptocurrencies gained popularity in Africa. Nevertheless, crypto’s popularity attracted the attention of regulators. For example, South African regulators proposed regulations that would impose strict licensing as well as monitoring requirements, without recognizing cryptocurrency assets as legal tender. Regulators in another African country also would like to regulate crypto. Recently, Nigeria’s Securities and Exchange Commission (SEC) …
African countries have huge potential when it comes to the crypto industry. Interestingly, two African nations are among the top eight countries of the Chainalysis crypto adoption index. This fact once more underlines the popularity of cryptocurrencies in Africa. However, there are challenges as well. People should keep in mind that heavy-handed oversight could create …
Crypto Adoption in Africa, Regulations, and Risk Factors Read More »
There are many fake products on the market. Sometimes it is quite hard to distinguish between products produced by companies from fake products. Furthermore, companies are struggling to protect their products. As a result, they lose a lot of money due to the products produced without their consent. Unfortunately, it takes a lot of time …
South Korea’s Largest Blockchain Project and Luxury Goods Read More »
As we see in the headlines every day, the COVID-19 pandemic is having far-reaching economic and financial repercussions in the United States and beyond. It has been affecting stock prices and the value of the Greenback through a variety of mechanisms, including interest rate changes and impacts on investor sentiment. The pandemic has also been …
More Baby Boomers Investing in Crypto Amid COVID-19 Pandemic Read More »
Thanks to cutting edge technologies the world has become a global village. However, globalization made it easier to break the laws. Unfortunately, it is not an easy task to deal with such cases. Importantly, companies in different parts of the world are trying to come up with the best solution. For example, an Austrian-based gin …
Austrian-Based Gin Distiller Stin and Blockchain Read More »
Cryptocurrencies step-by-step gained popularity around the world. Hopefully, there are numerous projects for crypto curencies. Recently, bitFlyer made an important announcement. According to this announcement, cryptocurrency exchange, integrated with the global payments platform PayPal. Consequently, people in Europe who use PayPal have the opportunity to deposit funds to the bitFlyer Europe platform to buy cryptocurrency. …
Japanese Cryptocurrency Exchange and European Customers Read More »
bitFlyer is one of the largest Japanese cryptocurrency exchanges. On September 21, they announced an integration with the global payments platform PayPal. As a result, PayPal’s millions of European users have the opportunity to deposit funds to the bitFlyer Europe platform to buy cryptocurrencies in a safe and secure manner. The integration with the internet …
European Subsidiary of bitFlyer integrated PayPal Deposits Read More »
Crypto-related companies are working hard to expand their services. However, it takes time to attract new customers. Moreover, companies have to spend a considerable amount of money to introduce new products. It is worth noting that, two major crypto exchanges KuCoin and Poloniex move to join hands when it comes to trading technology research and …
A Strategic Partnership Between Crypto Exchanges Read More »
The crypto industry is evolving thanks to various interesting projects. However, it is possible to reach even better results. Interestingly, two major crypto exchanges decided that it makes sense to work together. Importantly, KuCoin and Poloniex will join hands when it comes to trading technology research and development. Moreover, liquidity sharing, product iterations, PoS [proof-of-stake], …
Two Major Crypto Exchanges Decided to Work Together Read More »
Cryptocurrencies have the potential to make life easier for millions of people and crypto-related companies should work harder to accomplish this goal. Hopefully, a crypto payment processor regulated by the U.K.’s Financial Conduct Authority wants to encourage the use of cryptocurrency for everyday payments. It is worth mentioning that, Wirex has a license to issue …
How Wirex Wants to Encourage the Use of Cryptocurrency Read More »
Wirex is a London-based crypto payment processor. Importantly, Wirex is regulated by the U.K.’s Financial Conduct Authority. Wirex has a license to issue crypto cards in Europe. Moreover, Wirex is the first cryptocurrency platform that received a Mastercard principal membership. It is worth noting that, Wirex will release a multi-currency crypto card with support from …
Crypto Payment Processor and its Multi-Currency Card Read More »
Sberbank is the largest bank in the Russian Federation and this fact highlights its significance. Moreover, it has a subsidiary in Switzerland, called Sberbank Switzerland AG. It is worth mentioning that, Sberbank’s subsidiary joined a blockchain-based platform for commodity trade finance. Interestingly, Sberbank Switzerland AG signed an agreement with the Swiss trade finance platform Komgo …
Sberbank Switzerland AG Joined Blockchain-Based Platform Read More »
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