Terrorism has emerged to be one of the biggest predicaments across the globe. India is, therefore, not oblivious to this reality as it has revealed stringent measures intended at curbing this menace. On Nov 8, at the “No Money for Terror” conference being held in Melbourne, Australia, G. Kishan Reddy, India’s Union Minister of State … Continue reading Indian Minister Reveals Crypto Regulatory Measures to Tame Terrorism
This article is contributed by our content partner, Nexchange NOW. Here’s something unsurprising, The Block, citing China’s “Focus Report,” says that over 90% of China’s 32,000 blockchain companies don’t have the technology: On Monday, “Focus Report” released a full episode on the prevalence of fraud in China’s blockchain and cryptocurrency space. Titled “Blockchain is not … Continue reading Less Than 10% of Chinese Blockchain Companies Actually Have Blockchain
Charles Cascarilla is the CEO and co-founder of Paxos, a financial technology company working to modernize the financial system by digitizing and mobilizing assets. Paxos is building a future where all assets—from money to gold to securities— can be digitized and then moved instantaneously. Before Paxos, Cascarilla co-founded institutional asset management complex Cedar Hill Capital … Continue reading Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin
Exclusive interview with Gustav Arentoft: Part 2 (Link: Part 1) MakerDao is the protocol behind Dai, the world’s first decentralized stablecoin and the contemporary success story for decentralized finance (DeFi). The project went live in December 2017, with Dai as the USD stablecoin and Maker functioning as the governance token. In the world of decentralized … Continue reading MakerDAO, on the Significance of Multi-Collateral Dai and Dai Savings Rate
Exclusive interview with Yeo Siang Tiong, General Manager, South East Asia at Kaspersky: Part 1 Kaspersky has been a forerunner in managing cybersecurity threats in the cryptocurrencies and blockchain sector. In their “The Kaspersky’s Cryptocurrency Report 2019” issued earlier in June, 74% of respondents do not have a thorough understanding of how cryptocurrency works and 19% … Continue reading How Kaspersky Protects Investors During Token Sales in 7 Ways
Under the new bill being considered by the Australian Parliament, people could be jailed for two years and pay a fine of $ 25,200 for just using more than $10,000. If this bill is passed, it will force its citizens to look away from traditional fiat currencies and go for decentralized digital currencies such as … Continue reading The Adoption of Bitcoin May See Considerable Increase if the Proposed Cash Ban in Australia Activates
The Department of Internal Affairs (DIA) in New Zealand is probing the second church in Auckland over allegations that it is linked to OneCoin, a Ponzi scheme promoted as a cryptocurrency with a private blockchain which has been red-flagged as a scam. As reported by RNZ, the Auckland-based Samoa Worship Centre is the second church … Continue reading New Zealand Investigates Second Auckland Church Over OneCoin Scam Links
Now in its 50th year, the World Economic Forum (WEF) summit was first launched by German economist Klaus Schwab. The conference is aimed at working with both private and public bodies with the objective of impacting the global agenda on finances, economics and more recently climate change. It is held at the end of January … Continue reading 10 Things You Might Not Know About Davos
The Wuhan coronavirus death toll hit a daily high, with 565 deaths, and 3694 confirmed cases, a slightly lower number than the day earlier. 28,261 cases of infection have been reported worldwide, with most cases confirmed in Hubei province in China. Syren Johnstone, the Executive Director of the Masters of Law (Compliance and Regulation) Program the … Continue reading What Solutions Can Blockchain Bring in Response to the Deadly Coronavirus Outbreak?
Many German banks have filed a request to introduce a digital asset custody business. Germany’s Federal Financial Supervisory Authority, popularly identified as BaFin, has received over 40 applications from German banks interested in offering crypto custody services. At the beginning of this year, BaFin updated the Anti-Money Laundering Act, therefore, permitting the banks and other … Continue reading 40 German Banks Are Seeking Regulatory Approval to Offer Bitcoin Custody