Regulation

Initially, the lack of regulation was one of the advertised benefits of cryptocurrency. However, pitfalls of this came to light really fast as the lack of regulation means that you are lacking protection as well. And while money launders or terrorist groups definitely don’t care about it and focus on how this type of system benefits them, regular law-abiding people might lose their money because of the absence of security. Owners of $534 million lost in the Coincheck hack can attest to...

Oxford Blockchain Strategy Programme Oxford Blockchain Strategy Programme: Discover how blockchain is changing business and how you can harness disruption. You’ll walk away with: 1 A comprehensive understanding of what blockchain is and how it works, as well as insights into how it will affect the future of your organisation and industry as a whole. 2 The ability to integrate...

South Korea is introducing its citizens to a new law that’s likely to set crypto on a very legitimate path.South Korea Initiates New Crypto LawThe law requires that South Korea obey all international financial regulations and adhere to know your customer (KYC) laws for all its digital trading platforms. This will lessen the chance of money laundering, terrorist financing and other illicit activities.South Korea, at one point, was one of the world’s biggest cryptocurrency hubs. The nation...

South Korean regulators have taken a decision that it is better to introduce important changes within the crypto industry rather than just put a major ban on it.The Indian government has recently made a move to crypto legalization. Ukraine, Canada, Belarus, the EU, and some other regions are joining the government-backed stablecoin fuzz. While looking at the situation, South Korea has recently legalized crypto, with a major Amendment.The Amendment will substantially change some parts of the...

Place/Date: Vienna, Austria - March 3rd, 2020 at 8:55 pm UTC · 2 min read Contact: Bitpanda co-CEO Paul Klanschek, Source: Bitpanda Photo: Bitpanda Pro / TwitterBitpanda, the European leading home of digital assets, is repositioning its professional offering. The Bitpanda Global Exchange has been renamed to Bitpanda Pro and will now complement the company’s beginner-friendly brokerage service. Bitpanda Pro will focus on crypto-to-fiat markets with European currencies to onboard both...

Check out the top five ways of how artificial intelligence (AI) is successfully transforming the crypto into a thriving industry.While it can be easily said that no industry or business department has been left untouched by artificial intelligence, there is still one primary industrial sector left. Cryptocurrency is one of the significant products of the digital era. A complete software-based digital currency following a decentralized regulation method. That means there is no authority or...

Former action film actor Steven Seagal is in trouble with the Securities and Exchange Commission (SEC). The “Above the Law” and “Under Siege” star has agreed to pay more than $300,000 in penalties to the agency to settle the fact that he failed to disclose to agents that he had been paid a hefty sum to promote a cryptocurrency venture.Steven Seagal Hit Hard by the SECFederal securities laws are in place that require celebrities to reveal any and all payments they might receive for touting,...

Binance will now work with the Shyft Network provides industry-wide solutions to meet the FATF requirements. For this, the network uses its database bridging, identity passporting, and data attestation infrastructure. As crypto exchange Binance spreads its wing in the global market, it is working on complying with the Financial Action Task Force (FATF) regulations. Recently, Binance joined hands with public blockchain protocol Shyft Network for cross-industry KYC data sharing.The Shyft...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show.  Heute im Interview der legendäre John McAfee. Telegram Kanal: https://t.me/bitcoininformantSteemit: https://steemit.com/@denniskorayInstagram: https://www.instagram.com/denniskoray/Facebook: https://www.facebook.com/btcinformant/ Sonnige GrüsseDennis „Bitcoin Informant“ Koray

It looks like Brazil’s hardcore tax laws are starting to hurt its crypto industry. Two digital exchanges in Brazil – Acesso and Latoex – have shut their doors permanently, claiming they cannot adhere to the country’s new tax laws which they cite as extremely strict and rigid.Crypto Companies in Brazil Are Facing the HeatBoth trading platforms say they are facing heavy fines. In addition, the tax laws have caused a lot of people to exit the space altogether, and thus both companies are facing...