finance Archives - Page 93 of 295

Can Compliance and AML Software Improve Cryptocurrency Business Sustainability?

July 22, 2020cashtechnews

Cryptocurrency businesses are facing increasing challenges as new regulations are introduced globally, which is changing the face of the industry and forcing companies to search for effective solutions. Anti-Money Laundering and Combatting the Financing of Terrorism regulations demand that financial companies follow strict guidelines in order to curb and track illicit activity. Staying in compliance […]

Dfinity’s Internet Computer Could Be a Truly Decentralized Alternative

July 22, 2020cashtechnews

The blockchain and smart contracts you interact with may be decentralized, but the cloud services often used to access them aren’t. Dfinity’s Internet Computer is stepping up to set that straight. Proponents of blockchain technology herald decentralization as a key facet of its revolutionary nature. But the majority of users are still accessing decentralized exchanges, […]

A Polkadot-Based Project Wants to Unlock Staked Coins for DeFi Collateral

July 22, 2020cashtechnews

A new project building on Polkadot received an investment of $600,000 to build liquid staking, a way of unlocking liquidity devoted to proof-of-stake. An upcoming decentralized finance project built on Polkadot (DOT) is looking to unlock liquidity that would be tied up in staking as part of its consensus mechanism. Called Stafi, short for Staking […]

Avalanche Blockchain Protocol Raises $42M in 4.5-Hour During Public Sale

July 22, 2020cashtechnews

Blockchain project Avalanche raises $42 million in a public sale, with the mainnet launch now being expected to come by the end of August. The Avalanche project, a blockchain protocol founded by Cornell’s Emin Gün Sirer, has completed a $42 million public token sale after raising $12 million in a private sale in June. Avalanche […]

South Korea Finalizes Cryptocurrency Income Tax of 20%

July 22, 2020cashtechnews

South Korea has finalized a new 20% tax rate for income generated from crypto trading. The South Korean government has announced a 20% tax rate for income generated from cryptocurrency trading. Following a Tax Development Review Committee meeting on July 22, the Ministry of Economy and Finance published its revised tax code detailing the new […]

YouTube: We’re Not Liable for Crypto Scams

July 22, 2020cashtechnews

Lawyers for the video-sharing platform argue that because Ripple impersonators were third-parties it has no liability. YouTube’s legal team has argued the platform is immune from liability for cryptocurrency scams perpetrated as part of its video content or descriptions. Attorneys for Ripple and CEO Brad Garlinghouse filed a lawsuit against YouTube in April in response […]

China Considers Implementing Blockchain Tech in Equity Trading Centers

July 21, 2020cashtechnews

China’s Securities Regulatory Commission allows regional equity markets to experiment with blockchain in the equity trading industry. The China Securities Regulatory Commission, or CSRC, recently issued a letter approving five regional equity markets. They will include equity centers in Beijing, Shanghai, Jiangsu, Zhejiang and Shenzhen. These and other regions received authorization to begin experimenting with […]

Ethereum ‘Flippens’ Stablecoins to Become the Most Used Blockchain

July 21, 2020cashtechnews

Increasing stablecoin use and the rise of DeFi has made Ethereum the most used blockchain. For the last month Bitcoin (BTC) price has traded in a tight range and trading volume has been relatively flat. Meanwhile, several tokens on the Ethereum network have been topping the price charts, especially the Decentralized Finance (DeFi) tokens. New […]

Could Compound’s Governance Token COMP Be Deemed a Security?

July 21, 2020cashtechnews

Examining COMP’s ability to pass the Howey test for being qualified as investment contracts and to be considered a security. Innovation springs eternal in the digital asset ecosystem, and with Compound’s launch of its governance token, COMP, last month, the burgeoning world of decentralized finance continues to pick up steam. The broader cryptocurrency community has […]

Chainlink Tops DeFi Ranking on CoinMarketCap Amid ‘Baseless Criticism’

July 21, 2020cashtechnews

Suspicion is mounting as CoinMarketCap defends its listing methodology and denies Chainlink paid for exposure. Cryptocurrency ranking resource CoinMarketCap is facing a backlash after listing Chainlink (LINK) as the biggest DeFi token by market cap. The website’s new DeFi section lists what executives consider to be the most important altcoins in the space, which is […]

Tag: finance

Can Compliance and AML Software Improve Cryptocurrency Business Sustainability?

A Polkadot-Based Project Wants to Unlock Staked Coins for DeFi Collateral

Avalanche Blockchain Protocol Raises $42M in 4.5-Hour During Public Sale

South Korea Finalizes Cryptocurrency Income Tax of 20%

YouTube: We’re Not Liable for Crypto Scams

Ethereum ‘Flippens’ Stablecoins to Become the Most Used Blockchain

Could Compound’s Governance Token COMP Be Deemed a Security?

Chainlink Tops DeFi Ranking on CoinMarketCap Amid ‘Baseless Criticism’

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