Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

Crypto Might Not Be Savior Developing World’s Looking For. Here’s Why

Crypto Might Not Be Savior Developing World’s Looking For. Here’s Why
Crypto Might Not Be Savior Developing World’s Looking For. Here’s Why
June 01, 2022  |  Cryptocurrency

Bitcoin, stablecoins and other cryptocurrencies are a potential savior for people in developing nations who are trying to dig a little bit further out of...

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EMEA Daily: EU, UK Look to New Crypto Regulations
EMEA Daily: EU, UK Look to New Crypto Regulations
June 01, 2022  |  Cross-border Payments

In today’s top stories from Europe, the Middle East and Africa (EMEA), the European Supervisory Authorities said cryptocurrency exchanges that break money laundering rules should...

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Today in TechREG: US Supreme Court Grants Victory to Big Tech in Texas Social Media Law; Bank of England to Manage Collapsing Stablecoins
Today in TechREG: US Supreme Court Grants Victory to Big Tech in Texas Social Media...
June 01, 2022  |  Legal & Regulation

Today in TechREG, the U.S. Supreme court has temporarily blocked a Texas law that prohibits online platforms from suppressing user posts based on their political...

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EU Officials: Crypto Exchanges Could Lose Licenses for AML Breaches
EU Officials: Crypto Exchanges Could Lose Licenses for AML Breaches
June 01, 2022  |  Cryptocurrency

Cryptocurrency exchanges that commit serious breaches of anti-money laundering (AML) rules should lose their licenses, a group of EU financial officials said Wednesday (June 1)....

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UK Government Wants Bank of England to Regulate at-Risk Stablecoins
UK Government Wants Bank of England to Regulate at-Risk Stablecoins
June 01, 2022  |  Cryptocurrency

The U.K. government announced a few months ago that it wanted to lure the crypto community with a regulatory-friendly environment, and yesterday, May 31 the...

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PYMNTS AM Radar: Crypto Counter-Lobby; Big Paycheck Reality Check; Crypto Money Laundering; ICYMI
PYMNTS AM Radar: Crypto Counter-Lobby; Big Paycheck Reality Check; Crypto Money Laundering; ICYMI
June 01, 2022  |  Economy

It’s Wednesday, June 1 and it’s a special day in the NFL due to a recent rule change that allows two players in the off-season...

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Tech Pros Join Academia to Counter Crypto Lobbying on Capitol Hill
Tech Pros Join Academia to Counter Crypto Lobbying on Capitol Hill
June 01, 2022  |  Cryptocurrency

Technology experts and academics are targeting lawmakers in a campaign to counter lobbying efforts on Capitol Hill by the cryptocurrency industry, Financial Times reported on...

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Plea Talks Underway in NY $4.5B Crypto Laundering Case
Plea Talks Underway in NY $4.5B Crypto Laundering Case
June 01, 2022  |  Cybersecurity

A couple prosecutors say tried to launder $4.5 billion in cryptocurrency connected to the 2016 hack of crypto exchange Bitfinex are negotiating a possible plea...

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