As technology continues to advance, the issue of cybersecurity becomes more crucial for companies. This is due to increased fraud and data theft going on the internet. As a result, the CEO of PolySwarm firm, Steve Bassi, has called on firms to embrace blockchain technology for improved cybersecurity. PolySwarm’s CEO Highlights The Need For Blockchain […]
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The latest report shows South Korea has decided to delay its crypto tax implementation. The government had initially issued a 20% crypto tax that will become effective next year January. However, the government has delayed the date until 2025. South Korea Delays 20% Crypto Tax Till 2025 Officials of the state announced the postponement on […]
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After launching the eNaira about nine months ago, the adoption rate is still shallow. Meanwhile, the CBN (Central Bank of Nigeria) governor, Godwin Emefiele, blamed commercial banks for the low patronage. Additionally, he stated the banks do not like the idea of a CBDC. This is because the increased usage of the eNaira will not […]
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According to a leaked email from Coinbase, the platform will halt its affiliate initiative in the United States on July 19th. The leaked emails highlighted two reasons for the suspension. They include the state of the crypto market and expectations for the remaining months of 2022. Meanwhile, Coinbase said its affiliate program might return in […]
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The British art auction company, Christie’s is establishing a venture capital division. The aim is to fund businesses that facilitate the trade of art, especially blockchain startups. Additionally, Christie’s Ventures intends to stake money on enterprises that most VC firms feel are too risky. Compared to Q1 2022, the number of funds that went to […]
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The financial regulator in Colombia has submitted a proposal for crypto regulation. The proposal contains a set of rules that will guide VASPs (virtual asset service providers) and their operations with banking firms. According to the country’s Financial Superintendence, this proposal will clarify VASPs operations. The draft provides the definition of some key concepts. Furthermore, […]
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According to the British Financial Conduct Authority (FCA), the United States and the United Kingdom will boost their cooperation on cryptocurrency regulation. The FCA noted that before now, most businesses would have argued for lesser regulation. However, recent occurrences have changed their minds. Now, these investors value and recognize the fact that regulations exist to […]
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In 2022, cryptocurrency has received widespread acceptance and integration across the world. Currently, PicPay, a Brazilian digital payment firm, is at cryptocurrencies. According to reports, it just launched an exchange platform, a cryptocurrency unit, and a stablecoin. With the introduction of a stablecoin and fully-functional crypto exchange, PicPay is completely embracing the crypto vortex. It […]
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A panel of crypto industry professionals predicts that Cardano’s price will skyrocket to $2.93 and $6.53 by 2025 and 2030, respectively. However, analysts estimate that the coin will trade at only $0.63 by the end of 2022. As per statistics from CoinMarketCap, the coin is trading at about $0.436. By December, the coin may still […]
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The Deputy Governor of the SARB (South African Reserve Bank) recently stated that the organization had revised its stance on crypto. Currently, the central considers crypto to be financial assets. As a result, it is working on regulations to guide their usage. By 2023, the SARB plans to have a set of principles for cryptocurrencies […]
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