Fri, May 17, 2024

Cryptocurrencies

Huobi and Russia

Cryptocurrency Exchange Huobi Global and its Mobile App

The Crypto industry is evolving in the Russian Federation despite all challenges. The major cryptocurrency exchange Huobi Global is expanding in Russia. Starting from last week, customers in Russia have the opportunity to access Huobi’s spot market and trade major cryptocurrencies such as Bitcoin through its mobile app.    It is not surprising that Huobi …

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Crypto-Related Crimes

Crypto-Related Crimes and Financial Intelligence Unit

Law enforcement agencies are working hard to identify various crimes. For example, the Financial Intelligence Unit of Estonian police discovered that companies from abroad owned by e-residents of Estonia took part in multiple large-scale exit scams. It is worth noting that, Estonia is a crypto-friendly country. However, such cases have the potential to create bad …

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Estonia’s e-residency program and crypto

Estonia’s E-residency Program and Crypto Scammers

Estonia is a crypto-friendly country. However, there are certain challenges as well. Foreigners linked to Estonia’s e-residency program are being linked to cryptocurrency frauds.   It is worth noting that, the Financial Intelligence Unit of the local police discovered that companies from abroad owned by e-residents of Estonia took part in multiple large-scale exit scams.  …

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cryptocurrency industry in India

Cryptocurrencies, Indian Government, and Risk Factors

The process of crypto adoption in India is far from being over. Hopefully, cryptocurrency exchange BuyUCoin wants to take part in this process. It is worth mentioning that, Indian cryptocurrency exchange developed a framework to regulate cryptocurrency in India. People should keep in mind that, cryptocurrencies have the potential to help the local population. Interestingly, …

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India and crypto

Indian Cryptocurrency Exchange and its Framework

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 …

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Cryptocurrencies and Russian lawmakers

Russian Authorities and Evolution of the Crypto Industry

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 …

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Crypto industry in Russia

Ministry of Finance and Cryptocurrency Industry in Russia

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. …

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Nigeria’s SEC and Crypto Regulations

Nigeria’s SEC and Crypto Regulations

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) …

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The evolution of crypto industry

Crypto Adoption in Africa, Regulations, and Risk Factors

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 …

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blockchain

South Korea’s Largest Blockchain Project and Luxury Goods

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 …

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Bitcoin surges again, and corporates start to invest more

More Baby Boomers Investing in Crypto Amid COVID-19 Pandemic

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 …

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Federal Agencies and Blockchain technology

Austrian-Based Gin Distiller Stin and Blockchain

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 …

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Banka generali, bitcoin

Japanese Cryptocurrency Exchange and European Customers

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. …

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bitFlyer and PayPal

European Subsidiary of bitFlyer integrated PayPal Deposits

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 …

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Crypto industry and new opportunities

A Strategic Partnership Between Crypto Exchanges

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 …

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