Cryptocurrency Analysis and News Portal
Stablecoins have emerged as significant players in the crypto market this year, driven by user demand for flexible liquidity in fiat currency times. These currencies are defined as a type of digital currency that can be pegged to underlying real-world assets or backed by them. These assets can be anything
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Binance’s global platform this week announced it would be ending its derivatives offerings to Australian crypto traders by year’s end. Binance is a separate entity from Binance Australia, which, in turn, is operated by InvestbyBit. The latest moves can be viewed as an attempt to stimy the fallout from regulatory
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In total, there are currently six products in the Sekuritance RegTech suite. These include Sekur.Vault, Sekur.MFA, Sekur.Alert, Sekur.Transact, Sekur.Trace and Sekur.Certify. These products help financial institutions to obtain industry certifications, to validate and process 3D checks, to tackle financial crime and certify controlling power, among others. Source
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Recently, the cloud mining platform BitFuFu has aroused the wide concern of both the industry and users, which has made its way into the top rank of the cloud mining industry in less than one year after operation and won the strategic cooperation and investment from Bitmain, the mining giant. Leo,
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The nonprofit organization behind Cardano has partnered with blockchain analytics provider Coinfirm to ensure ADA is in compliance with the Financial Action Task Force’s guidelines.In an Aug. 24 announcement, the Cardano Foundation said it would be using Coinfirm’s services to provide Anti-Money Laundering, or AML, and Combating the Financing of
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Indian government agencies are contemplating leveraging blockchain technology to mitigate compliance burdens on startups, a report by Inc42 claims. Using Blockchain to Ease Startup Compliance In a bid to make it easier for startups to deal with compliance and regulatory hurdles, some Indian government agencies are mulling a move to distributed ledger
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While the Changpeng Zhao potential exit is one of the defined ways Binance looks to get back on track with regulators, the firm is also doing a lot to pacify watchdogs across the board. Changpeng Zhao, the vocal and social media-friendly Chief Executive Officer of the world’s largest cryptocurrency exchange, Binance
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The Australian branch of leading cryptocurrency exchange Binance has increased the ability for users to accurately report tax liabilities amidst increased pressure from local tax authorities.Binance has partnered with cryptocurrency tax startup Koinly to assist users grappling with ever-increasing tax obligations down under. Binance users in Australia have been offered
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