AML compliance mandatory for foreign crypto exchanges, says Korean regulator

Eun Sung-soo, chairman of South Korea’s Financial Services Commission (FSC), has said that foreign crypto exchanges that deal in the Korean won must comply with the country’s Anti-Money Laundering standards. According to The Korea Herald on Tuesday, Eun made these comments while fielding questions from lawmakers about the FSC’s plans to regulate crypto exchange giant Binance. …

BABYDOGE Price Dips 15.2% to $0.00000000257 – How to Buy Baby Doge Dip

Baby doge coin made headlines after an over 1000% growth barely a month after it was launched. The largest extent of the growth happened when Elon Musk tweeted about BABYDOGE, which is also when more people learnt about the token. However, BABYDOGE looks like it is shedding some of those gains. At the time of …

Dogecoin Price Drops 5.3% to $0.203 – Where to Buy DOGE

Dogecoin is not performing very well this month, given that it has failed to register new highs. Elon Musk stepped to dogecoin’s aid last week through a tweet, but the upswing from that tweet was short-lived, given that dogecoin fell afterwards and failed to maintain the uptrend. At the time of writing, DOGE is trading …

Bitcoin is on the Rise in Australia – Are We on the Brink of Mass Adoption?

Bitcoin is on the Rise in Australia – Are We on the Brink of Mass Adoption? Bitcoin has exploded in popularity in the country since the beginning of the year, and it’s estimated that around 1 in 6 Australians now own some form of cryptocurrency. This should continue growing over the next few years as …

5 Best Cryptocurrencies To Buy At Low Prices July 2021 Week 3

The cryptocurrency market continues to stall. Having climbed as high $2.6 trillion as recently as two months ago, its total value now sits at $1.4 trillion. This is a 46% climbdown, with most coins falling by similar (or higher) percentages over the same timeframe. However, while the market has witnessed slippages over the past few …

ShibaSwap’s Total Value Locked hits $2.2B, Ranks 9th on All Chains

ShibaSwap is currently ranked 9th on all blockchains in terms of total value locked at $2.2 Billion ShibaSwap has eclipsed known protocols such as Venus and Synthetix ShibaSwap is also ranked 10th in 24-hour users at 9,281 SHIB/USDT is still trading below the 50, 100 and 200 moving averages on the 6-hour chart The recently …

End of the Musk pump? Dogecoin barely moves after Tesla joke

They say all good things come to an end, and the Elon Musk-inflicted Dogecoin pump is no stranger to that. “Maybe if it sees a Shiba Inu, the car renders a Dogecoin,” said Musk in a reply to a tweet today, with the original post simply stating: “#TeslaVision can indeed see dogs!.” Maybe if it …

Bitcoin, Ethereum peer-to-peer volumes in Nigeria continue surging

Bitcoin, Ethereum peer-to-peer volumes in Nigeria continue surging | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Bitcoin › Africa › Adoption Available information has shown that Nigeria has recorded tremendous growth in its crypto P2P trade volume despite the imposed restrictions on the sector …

Africa Will ‘One Day Have a Common Currency’ Says Secretary General of African Continental Free Trade Area

The secretary-general of the African Continental Free Trade Area (AFCFTA) secretariat, Wamkele Mene, says Africa will “one day have a common currency” via a proposed “Pan-African Payment and Settlement System (PAPSS).” He adds that such a currency will help “ease constraints of settling intra-African trade in foreign-denominated currency.” Challenges Ahead In comments recently carried by …

UK Advertising Watchdog to Crack Down on ‘Misleading’ Crypto Ads

The Advertising Standards Authority (ASA), the U.K. advertising watchdog, declared it would crack down on misleading ads promoting cryptocurrency investments. The organization will include cryptocurrency campaigns as a “red alert” priority in the financial marketing department. The organization will be more proactive regarding these ads, it claims, contacting companies and issuing warnings in the future. …

Fidelity’s Crypto Branch to Increase Staff by 70%, President Sees ‘More Interest in Ether’

According to Tom Jessop, president of Fidelity Digital Assets, the company is planning to increase staff by 70% because demand for cryptocurrencies continues to keep the firm busy. Fidelity Digital Assets, the subsidiary of the wealth management firm Fidelity Investments Inc., has also seen a significant amount of demand for ethereum. Crypto Demand Pushes Fidelity …

Coinchange Announces Truly 0% Fee Brokerage and 25% APY DeFi Platform That Is Secure and Regulated

press release PRESS RELEASE. Toronto––Coinchange is diversifying its portfolio of offerings with a move into the DeFi space. The High-Yield Account will provide all users with returns of up to 25% per annum on their USDC balances. This unique opportunity is paired alongside Coinchange’s existing fiat gateways and crypto brokerage, which will allow users to …

Bitcoin and Ethereum Ripe for Big Breakouts, According to Popular Crypto Analyst

A popular crypto analyst and trader believes that Bitcoin (BTC) and Ethereum (ETH) are poised for huge breakouts amid the bearish sentiment in the digital asset markets. The pseudonymous analyst known in the industry as Smart Contracter, tells his 154,900 followers that Bitcoin is forming a bullish pattern indicating that a move to the upside …

Australian government awards $4M in grants to two blockchain startups

Australia’s Minister for Industry, Science and Technology announced 5.6 million Australian dollars ($4.2 million) in grants to two blockchain-focused companies including traceability firm Everledger and technology consulting startup Convergence.tech. Everledger, a company focused on building a global registry for diamonds, has received 3 million AUD ($2.2 million) to investigate blockchain technology’s use cases for creating digital …

New Samsung service Paperless adds document disposal to enterprise blockchain

Samsung SDS, the information and communication technologies (ICT) arm of Samsung, launched a new service named Paperless to provide reliability and transparency of documents in a cloud environment.  Launched as a cloud-based blockchain-as-a-service (BaaS) solution for enterprises, Paperless manages sensitive documents such as contracts, consent forms and certificates on blockchain to prevent forgery and falsification. …

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