The Monetary Authority of Singapore recently opened its doors to crypto by introducing the Payment Services Act. This policy is intended to regulate cryptocurrency payments and trading using regulations that currently govern traditional fiat payment services as a guideline. Any interested parties must apply for the appropriate licenses in Singapore, including a standard payment institution […]
The Swiss Financial Market Supervisory Authority (FINMA) suggests a plan to bring stricter anti-money laundering rules for crypto transactions. As per the proposal, crypto transactions of over 1,000 Swiss Francs will require client identification as opposed to the current limit of 5,000 francs. FINMA said the new limit is due to heightened money laundering risks […]
What graphics cards will best suit for crypto mining? This question puts many in a dilemma as the choice is large and manifold. The hype cycles around cryptocurrencies are comparable in their ups and downs to the British weather. This is primarily because of high volatility, which can reduce the entire stash of a potential […]
Cryptocurrency exchange Bitfinex releases a new feature on its platform. Institutional traders worldwide can now create up to 100 trading accounts within one master account. According to the announcement, the ‘Sub-Account’ feature in Bitfinex is enabled in response to the flowing customer demand. It will allow users in the first place to deploy various trading […]
The SLP token support ecosystem is growing rapidly as more companies adopt its token protocol. The latest company to join the ecosystem is Cybavo. Though it’s a cybersecurity firm offering enterprise-level secure private key management for blockchain application to some of the biggest exchanges in the world, it couldn’t refrain itself from joining this trend. […]
Decided to buy Bitcoin in Malaysia and start your investment career? Good job! But are you well-aware of the facts and guide to buying bitcoin in Malaysia? If not, and want to start from scratch; here’s the easy guide to follow. Glad to know that you get the courage to play a greater role and […]
Searching for the ways to start as a bitcoin investor with zero expense? You’re in the right place! Becoming a bitcoin investor is super easy nowadays. And, the beauty of this world is that you don’t have to spend anything at first. All you need to do is find a trusted cryptocurrency wallet, install it […]
CoinGecko, one of the leaders in crypto market analysis, has launched Trust Score 2.0. It will help the firm fight against fake crypto volume and improve the transparency of crypto exchanges a notch higher….
When there are complex financial products involved, there’s a fraud. As cryptocurrencies have become mainstream, many people become aware that there’s a lot of money to be made in it. However, most people aren’t experts, and fraudsters/scammers know this. Thus, people fall into crypto scams and lose their hard-earned money.
The Financial Transactions and Reports Analysis Centre (FinTRAC) of Canada has obligated all the crypto exchanges to register as of June 1, 2020. It will come into action with other changes in the anti-money -laundering regulations. The firms have to keep an eye on their client records and report in case of suspicious actions.