Four South Korean crypto exchanges face regulation stricter regulations in renewing their bank accounts following the issuance of new FATF guidelines. Four South Korean cryptocurrency exchanges are reportedly facing stricter regulation as they aim to renew their banking accounts. As local industry media TheBchain reports on July 29, the new requirements come after the Financial […]
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Aximetria now has the blessing of regulators to act as a crypto financial intermediary, a press release confirms. Cryptocurrency-focused personal finance app Aximetria has gained a financial standards license recognized by Swiss regulators. In a press release provided to Cointelegraph July 29, Aximetria, which is based in the country, said the Swiss Financial Services Standards […]
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The Iranian government has authorized domestic cryptocurrency mining as an industrial activity. The Iranian government has authorized cryptocurrency mining as an industrial activity. A report from IIDO-owned Mehr News Agency on July 29 revealed that the decision was taken this weekend, during a Sunday cabinet session chaired by Iran’s President Hassan Rouhani. First step towards […]
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Are crypto tokens different than coins? An ultimate guide to all forms of digital currencies. Are those definitions universal? No, given that the space is continuously evolving. Cryptocurrencies as we know them have existed for just 10 years, while most government agencies started paying attention to them only three-five years ago, when Bitcoin’s popularity began […]
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An unnamed trader has reportedly been able to access and use Bitfinex’s crypto trading platform from the U.S. United States-based traders can still purportedly access Bitfinex’s cryptocurrency trading services, despite recent claims that the firm is not active in the state. An anonymous source told blockchain and crypto news agency The Block that they were […]
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With SWIFT looking to match Ripple’s transaction settlement rate, is speed the determining factor by which the success of a payment network will be measured? The emergence of blockchain technology has undoubtedly altered the course of global digital payment development. With the likes of Ripple and Facebook’s Libra challenging the monopoly of banks and other […]
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Online brokerage Monex Group Inc., owner of the hacked Japanese crypto exchange Coincheck, plans to join the Facebook Libra cryptocurrency project. Online brokerage Monex Group Inc., owner of the hacked Japanese crypto exchange Coincheck, plans to join the Facebook Libra cryptocurrency project. A report from Cointelegraph Japan today, July 26, reveals that Monex Group’s CEO […]
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The CEO of the Nigeria Deposit Insurance Corporation says cryptocurrencies are very risky since they are not regulated or backed by central banks. The Nigeria Deposit Insurance Corporation (NDIC), a federal insurance overseer and safety net provider, has issued a public warning about relying on cryptocurrency transactions in a press release on July 25. According […]
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While the nation’s second-largest bank is remarkably active in registering novel blockchain-powered solutions, critics fear that this might be not in the industry’s long-term interest. Earlier this week, Bank of America (BofA), one the United States’ largest financial institutions, made a massive splash in the crypto sphere as the details of its recently registered patent, entitled […]
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Brave Browser product manager Alex Wykoff announced that users of the latest software release will be able to withdraw their BAT tokens. Product manager at blockchain-enabled internet browser startup Brave Browser, Alex Wykoff, announced that users using the latest software release will be able to withdraw their BAT tokens in a post on Brave’s community […]
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