Crypto exchanges step-by-step continue to expand their services, as this industry has the potential to attract new clients. However, cryptocurrencies have to deal with various problems. It is quite hard to create a crypto exchange and such entities have to comply with strict regulations in countries around the world. Moreover, as can be seen from …
Malta-Based Exchange Offers $400 Million for Crypto Site Read More »
Crypto companies in different parts of the world are willing to spend millions of dollars to expand their operations. It makes sense, as cryptocurrencies offer a number of advantages in comparison with fiat currencies. The coronavirus pandemic caused a lot of problems for the investors as many companies are struggling to avoid the worst-case scenario. …
Crypto Exchange Binance Wants to Buy CoinMarketCap Read More »
Crypto mining is a lucrative business and it is not surprising that companies are willing to start crypto mining. However, U.S. tech giant Microsoft proposed quite an interesting system regarding the process of mining. Several days ago, Microsoft applied with the World Intellectual Property Organization. Let’s have a look at this application. Tech giant proposed …
Crypto-Related Patent, Microsoft and Crypto Mining Read More »
Crypto-related companies across the world would like to expand their services. For example, a crypto derivatives platform from Singapore, registered with the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN). Bitget registered as a money service business. The primary market of this crypto derivatives platform was Asia. However, Bitget decided to enter the U.S. market. …
Crypto: Bitget Registered with the U.S. Authorities Read More »
Cryptocurrencies step-by-step became part of the modern world. Companies are working hard to expand their services as well as to create new projects connected with the crypto industry. However, it will take to raise the awareness to make crypto more attractive to the public. Trading firms have the potential to support crypto adoption. One report …
The derivative analysis firm Acuiti released its special report called “Institutional Adoption of Digital Asset Trading”. Acuiti prepared this report in cooperation with Bitstamp and Chicago Mercantile Exchange (CME). Interestingly, this report revealed a growing interest in listing crypto assets among the institutions, despite compliance concerns. It is worth mentioning that information came from the …
Derivatives Analysis Firm Acuiti and Crypto Adoption Read More »
Cryptocurrencies offer a number of advantages in comparison with fiat currencies. However, people interested in crypto should be aware of certain problems related to the crypto industry. There is no shortage of crypto scams and potential crypto owners should take into account as they may lose money. Moreover, they sometimes even use images of famous …
The Malta Financial Services Authority (MFSA) wants people to know two crypto exchanges are lying to them. It is worth mentioning that MFSA is closely monitoring the situation since 2018. Moreover, authorities in Malta identified two crypto exchanges COINMALEX and Crypto Foxtrades. According to MFSA, both crypto exchanges falsely claimed to be licensed, registered or …
Malta Financial Services Authority and Crypto Exchanges Read More »
Crypto companies have to adapt to an ever-changing environment, as the industry is developing despite numerous challenges. It means that companies should work around the clock to create new products or to modify their projects. Recently, the cryptocurrency exchange Bitfinex presented its new project. Bitfinex created a proprietary market surveillance tool called “Shimmer”. Employees of …
On Tuesday, payments and cryptocurrency platform Crypto.com made an important announcement. According to this announcement, Crypto.com was able to simplify the process of cryptocurrency tax reporting for its users. The platform formed a partnership with three tax providers. Crypto.com collaborated with crypto tax calculator CoinTracker, as well as crypto tax software platform TokenTax. Another partner …
Cryptocurrency Platform Crypto.com and Tax Providers Read More »
Discussions regarding digital currencies and their role in the modern world started a long time ago. Central banks in several states in Europe and other parts of the globe are willing to learn more about this emerging technology. However, recently U.S. Congress members went one step further as they would like to introduce a digital …
Digital Dollar as a Form to Support the U.S. Economy Read More »
People who are familiar with cryptocurrencies and crypto industry, in general, may find it hard to believe but U.S. lawmakers want to establish a digital dollar. Last year, Facebook’s CEO Mark Zuckerberg had to defend the digital currency project Libra. However, this time cryptocurrencies have the potential to gain recognition from the U.S. lawmakers at …
Crypto: U.S. Lawmakers Want to Establish a Digital Dollar Read More »
Cryptocurrencies have the potential to solve some of the biggest problems of fiat currencies. However, to accomplish this goal, local and state officials should come with a plan on how to remove the obstacles. Unfortunately, in the case of India, the country’s supreme court had to intervene otherwise it was tough to defend the local …
The Revival of Crypto Industry and Supreme Court Read More »
The Crypto industry is evolving and governments have the opportunity to support this industry. However, some of them are reluctant to embrace cryptocurrencies. Moreover, central banks of certain countries implemented regulations that had a negative impact on the crypto-related companies and the crypto industry in general. Hopefully, the Supreme Court of India ruled in favor …
One of the biggest challenges is how to determine the number of people who are using crypto to pay for various goods. It is not an easy task due to the decentralized nature of cryptocurrencies. In this situation, one of the options to gather information about the crypto owners is to conduct a survey. Hopefully, …
Consumer Payments Survey and Crypto industry in Australia Read More »
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