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Money has come a long way since its origins. From cowry shells to crypto, transferable, divisible, and economically sound means of exchange have been adopted by market actors everywhere. Modern history has brought us to a dangerous place, however, a cultural climate where politics and bad economics have co-opted monetary utility in the name of … Read more
As world leaders start arriving for the G20 summit in Osaka, Japan, policymakers and crypto industry representatives are convening at another summit to discuss the implications of proposed global standards for crypto assets and service providers, as well as solutions that will minimize unintended consequences of implementing these standards. Also read: FATF Releases Global Standards … Read more
In the cryptocurrency world, there have been numerous scams over the past few years. Most of these ventures are shut down pretty quickly, but some tend to linger for quite some time. Typosquatting has been a real problem in the Bitcoin world. A joint collaboration between Europol, police agencies, and Eurojust resulted in multiple arrests … Read more
The U.S. Commodity Futures Trading Commission has approved Ledgerx to offer physically-settled bitcoin spot and derivatives trading, previously available only to institutional investors, to retail investors of any size. Ledgerx explained that its new platform will share the same order book as the current institutional offering so plenty of liquidity is expected from day one. … Read more
The number of approved cryptocurrency exchanges has been growing in the Philippines. In addition to 11 operators registered by the central bank, the Bangko Sentral ng Pilipinas, there are 37 other crypto exchange operators licensed by the government-owned Cagayan Economic Zone Authority. Also read: FATF Releases Global Standards for Crypto Assets 11 Crypto Exchanges Registered … Read more
Cryptocurrency users who often rely on mobile devices are prone to various potential security incidents. One recent discovery shows how millions of Android users were at risk of having to deal with PreAMo malware. This particular strain is nefarious for many different reasons, as it has the ability to bypass two-factor authentication methods linked to … Read more
Italy has had its share of economic problems in the past decade and a growing number of its citizens blame the euro for their country’s misfortunes. Italians, many of whom still prefer to use cash, are now turning their attention to cryptocurrencies such as BCH. Federico Pecoraro, the CEO of Chainblock, one of the first … Read more
The range of products and services you can pay for with digital coins is constantly expanding. Cryptocurrencies, which are considered to be the future of money, can now be used to purchase items that will change our lives in the future. An online retailer in the U.S. called My Digital Discount sells home automation gadgets … Read more
The Financial Action Task Force adopted its new rules on crypto assets and published its updated Guidance on Virtual Assets and Virtual Asset Service Providers Friday. Under these new measures, crypto service providers will be required to implement the same requirements as traditional financial institutions. Also read: Indian Cryptocurrency Regulation Is Ready, Official Confirms FATF’s … Read more
Since leaked information regarding India’s cryptocurrency bill emerged, there have been constant discussions about what it entails. Four different government bodies have been asked about their involvement in the drafting of the bill. South Korea went through a similar situation, causing confusion to the public. Also read: Indian Cryptocurrency Regulation Is Ready, Official Confirms RTIs … Read more