Origin of Stablecoins Stablecoins made their debut in 2014. It aims to combine the steady value of fiat currencies with the openness and flexibility of blockchain technology. The first of its kind, BitUSD, was introduced in July 2014 as a credit-backed stablecoin on the BitShares platform. Tether (USDT), which was
The United Kingdom is set to implement stringent regulations requiring cryptocurrency firms to collect and report detailed personal data from users, starting January 1, 2026. This move by Her Majesty’s Revenue and Customs (HMRC) aims to curb tax evasion in the rapidly growing digital asset sector. According to the upcoming
Pi Network has dropped a new update that unlocks Mainnet wallets for a wider user base. Now, any user can activate their Mainnet wallet, regardless of their Pi’s KYC stage. The users do not need to wait for full migration. This is said to be a significant step in the
One of the most prominent exchanges, Binance, announced through its official website on April 18 that both new and existing users hailing from India need to go through the process of KYC (Know Your Customer) re-verification. The step has been taken to improve the global compliance standards and lead the
South Korean financial regulation, Financial Intelligence Unit (FIU) ordered Upbit exchange to suspend its business operations for violating KYC and AML regulations. Upbit is the top crypto exchange in South Korea and top 5th crypto exchange across the world, in terms of trading volume. Being one of the largest crypto
In recent news, we found out that the FED plans to raise interest rates soon, which caused worry all over. However, the worry immediately subsided as China announced its stimulus package that has the potential to inflate everything, including Bitcoin (BTC), Ethereum (ETH), and Tradecurve (TCRV). Out of the three,
Additional security is needed for crypto-oriented platforms because of the inherent hazards. There will be a screening process on the Binance platform. To ensure sanctions compliance and protect the Binance platform from the possibility of unlawful crypto transactions, the well-established cryptocurrency exchange has teamed with two companies, including analytical data
