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Search Results for: Regulations

Binance Regulated its Platform with Implementation of Traveler

Binance announced its implementation of crypto intelligence firm CipherTrace’s “Traveler”, a system that will comply with the global “travel rule. CipherTrace, the leading cryptocurrency intelligence firm, connects virtual currencies and financial services, as well as fraud prevention, anti-money laundering, and financial crime prevention. According to a Thursday announcement, Traveler will

July 3, 2021 1 min read

China’s Crackdown on Bitcoin Mining a Big Positive, Says Mike Novogratz

Michael Edward Novogratz is an ex-hedge funds manager, formerly of the investment firm Fortress Investment Group. He is the CEO of Galaxy Investment Partners, which center’s around cryptographic money like Bitcoin and Ethereum. As significant miners are going out of China consistently after the country’s crackdown on Bitcoin (BTC), Galaxy

July 1, 2021 1 min read

eToro’s CEO Expects Regulation as a Part of Growth

eToro firm expects regulation as a part of growth for preventing investments. The CEO of eToto states that new rules and regulations will be imposed. Robinhood Israel Foundation will be launched in the US in the coming weeks. The firm eToro predicts more regulation as a part of growth. The

June 30, 2021 2 mins read

Mexico Bans Crypto in the Financial System

Mexican official recapitulates a ban on the use of cryptocurrencies. Herrara stated that cryptocurrencies are not legal tender belongings. Three entities  iterated the warning they issued in 2014, 2017 and 2019. On Monday a topmost Mexican official recapitulates a ban on the use of cryptocurrencies in the country’s financial system.

June 30, 2021 2 mins read

Indians Go Maniacs on Cryptocurrency & BTC With $40 Billion on It

Indians are usually thirsty for developing more and earning more. They quite well strive hard , spreading all over the world for opportunities. That’s the same case with cryptocurrency and Bitcoin (BTC) investments too. According to data, Indian’s have invested around $40 Billion upon cryptocurrencies, including Bitcoin. The Crypto Craze

June 29, 2021 2 mins read

Japan FSA Warned Crypto Exchange Binance

Japan FSA warned cryptocurrency exchange Binance. This was the second warning by the FSA to Binance.  Binance has come under scrutiny from regulatory agencies. The Financial Services Agency (FSA), Japan’s top financial market regulator, has furnished a warning against Binance as the cryptocurrency exchange continues to offer services in the

June 26, 2021 2 mins read

No Worries to Crypto Investors of US and EU

Marc Chandler declares ‘No ban’ on cryptocurrency. He also states that there might be more regulations on crypto. Bitcoin is not for ordinary people, says Chandler. Bannockburn Global forex managing director Marc Chandler asks crypto investors not to worry about the Bitcoin ban. As he confirms that there would be

June 25, 2021 2 mins read

South Korea Snatches off $47 Million From Tax Evaders

All the major countries all over the world are completely submerged into regulations and reforms in their cryptocurrency industry. This contagion has not spared South Korea too. Most cryptocurrency exchanges are facing tremendous hardships in order to cope up with the regulations.  Gyeonggi-do’s Seizures Gyeonggi-do is South Korea’s largest and

June 24, 2021 2 mins read

Is Polkadot (DOT) Really Better Than Ethereum (ETH)?

Polkadot (DOT) recently has made all heads turn towards it. Being a decentralized, advanced web 3.0 blockchain along with complete secureness, Polkadot (DOT) blockchain users are rising every day. Yet, has Polkadot (DOT) got all the abilities to surpass Ethereum as the most preferred blockchain for all sorts of applications

June 22, 2021 2 mins read