Crypto EcoBlog
Leading digital currency exchange Binance – arguably the biggest cryptocurrency trading platform in the world – is taking heavy action against unverified users. Binance Moves Towards Limiting Unverified Customers In a series of tweets, Changpeng Zhao – the company’s CEO – announced that Binance would be limiting how much money customers can remove or withdraw from their accounts daily, granted they have not gone through the verification process with the exchange. Zhao...
Read More »eID: Electronic IDentification geht am DACH-Markt an den Start
Electronic IDentification (eID) geht am DACH-Markt an den Start Electronic IDentification, der Spezialist und Marktführer für asynchrone Remote-Video-Identifikationslösungen richtet seinen Fokus auf den DACH-Raum und weitet seine Geschäftsaktivitäten nun dort aus. Der Markt für digitale Onboarding-, KYC- und Identitätsprüfungsdienste ist sehr ausgereift, dynamisch und im Finanzdienstleistungssektor besonders umworben. Allerdings sind die...
Read More »Cipher Trace: Bitcoin ATMs Are Being Used for Illicit Purposes
It looks like bitcoin ATMs are likely to be the next target of U.S. regulators.Bitcoin ATMs Are Being Used for the Wrong ReasonsBitcoin ATMs have grown in both size and scope over the past few years. There are approximately 8,000 machines all over the world, and as the love of crypto has gotten bigger, so has the presence of bitcoin ATMs. These machines are now seen as a convenient way to transfer funds and purchase bitcoin with cash or with other forms of crypto in a simple, quick, and...
Read More »Oobit Teams with Coinbase to Make KYC Tactics Much Easier
Peer-to-peer (P2P) trading platform Oobit has joined hands with Coinbase, one of the largest and most popular cryptocurrency exchanges in the U.S., to give its customers wallet and custodial services.Oobit Is Making It Easier to Get VerifiedIn addition, Oobit is working with the exchange to establish what called the Oobit Pass, a new tool that allows users to verify themselves and satisfy know your customer (KYC) procedures quickly so they experience no delays in trading.The co-founder of...
Read More »Deutschland: BaFin mit neuem Anforderungskatalog an Bitcoin Wallet-Betreiber
Die Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) ist eine rechtsfähige deutsche Bundesanstalt mit Sitz in Frankfurt am Main und Bonn. Sie untersteht der Rechts- und Fachaufsicht des Bundesministeriums der Finanzen. Die Bundesanstalt für Finanzdienstleistungen, kurz BaFin, prüft zurzeit die Anwendbarkeit des Gesetzes zur Verwahrung digitaler Währungen. Es soll geklärt werden, inwiefern sich das Gesetz auf Unternehmen anwenden...
Read More »Could Tether Be the World’s Most Used Cryptocurrency Ahead of Bitcoin?
What is the most used crypto in the world today? Many may think that it is Bitcoin since it accounts for over 67% of the digital-asset world’s market value. They could be wrong. Although dependable figures on trading volumes are rare to come by in the unpredictable crypto finance world, CoinMarketCap.com data shows some interesting reports.The token that has the highest daily and monthly trading volume is Tether that has a market capitalization that is over 30 times smaller than Bitcoin....
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