India’s Payments Platform Varja Gets the Blockchain Ball Rolling

Permissioned blockchain platform Vajra developed by National Payment Corporation of India is set to change the local industry. While the Indian government is uncertain about the use of cryptocurrency, the National Payment Corporation of India, or NPCI, officially announced its permissioned blockchain-based platform, Varja, to make the payment process easier, faster and more transparent.  After […]

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How Crypto Exchanges Are Tackling Poverty

What exactly are the significant steps emerging blockchain technology has made toward making the world a better place? Ongoing technological advancement in digital currencies is a phenomenon that can help developing countries both politically and economically. Cryptocurrencies can solve problems that are unique to these countries by providing access to a bank account, easy transfer […]

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Crypto Regulation Is Coming To Europe: Are Exchanges Ready for New Rules?

New legislation called 5AMLD places crypto firmly under the EU’s regulatory umbrella. The deadline is rapidly approaching.  5AMLD — the Fifth Anti-Money Laundering Directive —  is a piece of legislation that brings fiat-to-crypto exchanges and custodial wallets across the European Union under a new first-of-its-kind regulatory framework. Exchanges must achieve compliance with the rules by […]

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Crypto Remains Unregulated in Russia — Lots of Talk but No Action

Russian authorities are poised to introduce several prohibitive measures, yet feasibility and enforcement mechanisms raise questions. At the end of November, news surfaced that Russian cryptocurrency users, who have been operating in a regulatory gray zone, could soon be at risk as the nation’s financial authorities reportedly join forces to outlaw the use of digital assets […]

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Former Binance Head of Trading Joins CoinFlex As Chief Strategy Officer

Former head of trading at major cryptocurrency exchange Binance has joined rival crypto exchange CoinFlex as chief strategy officer. Leslie Tam, former head of trading at major cryptocurrency exchange Binance, has joined cryptocurrency derivatives exchange CoinFlex as its new chief strategy officer. On Dec. 16, the Block reported that former Binance executive Leslie Tam is […]

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Int’l Regulator Basel Committee Calls for Prudent Rules for Crypto

Global banking regulator the Basel Committee on Banking Supervision calls for a conservative framework for crypto assets. Global banking regulator Basel Committee on Banking Supervision (BCBS) calls for a conservative prudential treatment framework for crypto assets. The Basel Committee — which includes banking regulators from the United States, Europe and Japan — published its report […]

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