Shapeshift Moves to Membership Model Requiring User Information

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Non-custodial crypto trading platform Shapeshift has introduced a membership program which will soon be mandatory. CEO Erik Voorhees explains that his exchange will have to begin collecting basic personal information of its users, and there will be five membership levels. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Shapeshift Membership Mandatory Soon … Read more

Africa and its Antiquated Banking: Cryptocurrencies The Solution?

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Africa has steadily accelerated the switch to modern technologies. But can a continent facing a crisis with antiquated banking technologies, low rate of financial inclusion, poor confidence in the banking system, and high remittance costs become the new battleground for blockchain or cryptocurrency-centred settlements? Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning … Read more

Belgium Warns of 28 New Fraudulent Crypto Platforms – 78 in Total

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Belgium’s Financial Services and Markets Authority (FSMA) has published a list of cryptocurrency platforms showing signs of fraud. The list currently contains 78 crypto platforms, including 28 platforms added on Tuesday. Despite warnings, the FSMA continues to receive complaints from consumers about these crypto firms. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals … Read more

Iran Officially Recognizes Cryptocurrency Mining

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As economic sanctions start to bite, Iran is now looking to cryptocurrencies to ease the damage. The world’s third-largest oil-producer seeks to follow in the footsteps of Venezuela, which has issued an oil-backed digital currency called the Petro. But can Iran succeed where Venezuela is ostensibly faltering? Also read: As Zimbabweans Struggle for Cash, Even the … Read more

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