UK Crypto Companies Now Have to Submit Financial Crime Reports

The new FCA policy will see the number of companies required to submit financial crime reports increase from 2,500 to 7,000. Jamie Crawley Mar 31, 2021 A new policy statement from the U.K. Financial Conduct Authority (FCA) on Wednesday includes crypto companies on the list of businesses required to submit a financial crime report. BusinessesContinue reading “UK Crypto Companies Now Have to Submit Financial Crime Reports”

What is the investment case for Ethereum?

For the sake of answering this question I will not agonize over how many tokens are in circulation but instead focus on what gives Ether value. It is a fact that the laws of supply and demand are what determine the price of any cryptocurrency. Supply Ether is not “hard capped” like Bitcoin, but itContinue reading “What is the investment case for Ethereum?”

Dubai Financial Services Authority Seeks Feedback on Security Token Regulations

The DFSA said it is giving the public 30 days to comment. The Dubai Financial Services Authority (DFSA) has requested feedback on its proposed regulations of security tokens, including derivatives. In an announcement made on Monday, the DFSA said it has published its framework for regulating the space and is giving the public 30 days to comment.Continue reading “Dubai Financial Services Authority Seeks Feedback on Security Token Regulations”

Two Vancouver-Based Crypto Scams Steal $2 Million

NICK MARINOF The world of cryptocurrency scams is expanding like there is no tomorrow. Vancouver police have just issued a warning after the emergence of two new digital currency-based scams that have already stolen as much as $2 million over the past few weeks. Crypto Scams Are a Big Deal This month, we have seen more evidenceContinue reading “Two Vancouver-Based Crypto Scams Steal $2 Million”

What’s the top 15 reasons to invest in Crypto?

This list of fifteen reasons to invest in cryptocurrency is not in any order. The best reason to invest in cryptocurrency may be number 13 on this list. Decentralized. Bitcoin and many other cryptocurrencies do not have a business or government running them. This makes crypto resistant to hacks and anti-fragile. Not ran by aContinue reading “What’s the top 15 reasons to invest in Crypto?”

Crypto Slangs to Know Before You Buy Bitcoin

Crypto Slangs to Know Before You Buy Bitcoin: Before venturing into any industry, it is especially important to conduct proper research which also includes understanding the basic terminologies. Knowing the slang words used in a niche should be the first step for any newbie looking to delve into that niche. The crypto industry is notContinue reading “Crypto Slangs to Know Before You Buy Bitcoin”

THE RISING POPULARITY OF BITCOIN IN SOUTH AFRICA

A combination of factors makes South Africa a notable hotbed for embraced Bitcoin adoption, even among a region that has embraced BTC. South Africa is, without doubt, one of the most advanced countries in Africa — if not the most advanced. The South African country has also become a popular hotbed for the digital currency market. InContinue reading “THE RISING POPULARITY OF BITCOIN IN SOUTH AFRICA”

From #EndSARS to #LekkiTollGate: The rise of cryptocurrency in Nigeria

Isaac Anyaogu & Frank Eleanya The EndSARS protests which erupted in October over police brutality was different from any other in Nigeria, largely because the movement had no central leadership, could fundraise bypassing even banks and could organize on social media with a savviness that eludes government officials. The protesters had always relied on the local currency, Naira toContinue reading “From #EndSARS to #LekkiTollGate: The rise of cryptocurrency in Nigeria”

Is Africa Going to Regulate Cryptocurrency?

BusinessDay Mar 23, 2021 When it comes to cryptocurrency, Africans are one of the biggest traders who embraced the digital currency before the world. However, the government of many African countries has shown many ups and downs regarding cryptocurrency. Many countries in Africa have made it legal to use and trade cryptocurrency whereas others areContinue reading “Is Africa Going to Regulate Cryptocurrency?”

Ripple Touts Role for XRP in Central Bank Digital Currency White Paper

The crypto asset could be used as a “neutral bridge” between different currencies, Ripple says. Jamie Crawley Mar 23, 2021 Ripple Touts Role for XRP in Central Bank Digital Currency White Paper Ripple has pitched the XRP (-1.02%) cryptocurrency to link different central bank digital currencies (CBDCs) in a new white paper. XRP, which is used in someContinue reading “Ripple Touts Role for XRP in Central Bank Digital Currency White Paper”