Exclusive Articles

Posted by Admin2 on Aug 26, 2021
Binance ‘Not Capable’ of Supervision in the U.K., Regulators Says⦁ Crypto trading firm didn’t give details of the business, FCA says⦁ The watchdog issued supervisory notice to U.K. operations in June⦁ The world’s largest exchange has played regulatory hopscotch, moving from different jurisdictions without central offices.One of the world’s leading financial regulators has aforementioned it's “not
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Posted by Admin2 on Aug 25, 2021
PayPal is open for cryptocurrency service in the UK⦁ PayPal will let British customers buy, hold and sell digital currencies, starting this week.⦁ It marks the first international expansion of PayPal’s crypto product since it launched in the U.S. last year.⦁ PayPal is one of many firms taking a leap into the mostly unregulated world of cryptocurrencies.PayPal can now permit users outside the U.S.
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Posted by Admin2 on Aug 24, 2021
Visa to join NFT frenzy, purchases CryptoPunk for $150,000⦁ Visa said Monday it bought a “CryptoPunk,” one of the thousands of NFT-based digital avatars, for nearly $150,000 in Ethereum.⦁ An NFT — which stands for a non-fungible token — is a unique digital asset designed to represent ownership of a virtual item.⦁ Cuy Sheffield, head of the crypto at Visa, said NFTs will play an “important role” in...
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Posted by Admin2 on Aug 24, 2021
Iran to Lift Crypto Mining Ban for Authorized Licensed Farms in September⦁ Iran has announced that it will allow Bitcoin and crypto miners to operate again.⦁ Previously, Iran’s government had banned bitcoin mining due to energy concerns.⦁ The government expects BTC and crypto mining to play a key role in the country’s economy.Iran prepares to get rid of restrictions imposed on cryptocurrency minin...
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Posted by Admin2 on Aug 23, 2021
Google Removes 8 Cryptocurrency Apps From Its Play Store As Users 'Losing Personal⦁ Discovered by security firm Trend Micro, these eight apps promised users to earn cryptocurrency⦁ The company spotted that the malicious apps only tricked victims into watching ads and pay a subscription⦁ Two apps namely Crypto Holic and Daily Bitcoin Rewards needed to be purchased.Google has removed eight apps from...
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Posted by Admin2 on Aug 21, 2021
Brazil’s central bank president endorses crypto regulation as Investor Interest GrowsBrazil’s central bank president aforesaid local laws need to better heed investors’ want for cryptocurrencies that are here to remain alongside instant payment platforms. “This comes out of a desire that people have for payments to be very fast, open, secure, and have transparency in each sense” Roberto Campos Net...
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Posted by Admin2 on Aug 20, 2021
Coinbase is ready to purchase $500M worth of crypto and invest 10% of all future profits in digital assetsCoinbase CEO Brian Armstrong tweeted that the crypto exchange will also invest 10% of its profits in cryptocurrency.Brokerage firm Coinbase has the green light from its board to buy more than $500 million prices of crypto on its record, in line with a tweet from its chief executive officer Bri...
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Posted by Admin2 on Aug 19, 2021
India secures the second position in terms of crypto adoption globally⦁ Though behind Vietnam, India is ahead of countries such as the US, China, says the report⦁ This comes even as worldwide crypto adoption grew by 880% between June 2020 and July 2021, according to the report.India ranked second in terms of crypto adoption worldwide behind Vietnam however ahead of countries just like the United S...
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Posted by Admin2 on Aug 18, 2021
Binance Hires Former US Treasury Criminal Investigator as Global Money Laundering Reporting OfficerBinance aforesaid on Wednesday it had appointed a former U.S.A. Treasury criminal investigator as its global money laundering officer, a part of an attempt by one among the world's largest crypto exchanges to reinvent itself as a regulated financial firm. Governments and monetary watchdogs are paying...
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Posted by Admin2 on Aug 17, 2021
Cabinet to Take up cryptocurrency Bill Soon, awaiting clearance: N SitharamanThe finance minister said the Cabinet note is ready on the cryptocurrency bill. "I am awaiting Cabinet to clear that," she said. This means that the bill could likely be tabled in the Winter Session of Parliament.The Union cabinet is shortly expected to require up a bill to regulate cryptocurrency and its growing market i...
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