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Crypto exchange and custodian dex gains uae license

INDUSTRY

Tuesday, 30 June, 2020 at 12:09 GMT
DEX, a digital asset trading platform, announced on Tuesday that it has secured a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in the United Arab Emirates (UAE). ...
Nevada clears the way for bitcoinsv cashless casinos

INDUSTRY

Monday, 29 June, 2020 at 05:10 GMT
As we try to distance ourselves from anything that might get us sick, the use of cash in casinos has become a potential way to use technology to accomplish that task. The Nevada Gaming Commission (NGC) made it easier for Nevada casinos to introduce cashless systems within their...
Australian post now offers bitcoin purchases

INDUSTRY

Monday, 29 June, 2020 at 01:11 GMT
A new and innovative means of purchasing Bitcoin has surfaced in Australia, with the country’s postal service becoming a possible purchase conduit. This week, local crypto exchange Bitcoin.com.au announced that customers would now be able to make crypto purchases at over 3...
Thailand crypto industry under watch

WARNINGS

Monday, 29 June, 2020 at 00:00 GMT
Determined to end the reign of meth syndicate, who are responsible for laundering several millions of dollars, the Thailand crypto industry would be closely monitored by Authorities, AFP report claims. ...
Crypto firms are leaving estonia

WARNINGS

Sunday, 28 June, 2020 at 00:14 GMT
Back in 2017, the Estonian government rocked the legislative side of the crypto world when they introduced a raft of new laws designed to support crypto projects. These licenses split into two different categories: those looking to operate a crypto exchange and those looking to...
Bitcoin as alternative to privacybreaching covid health certificates

INDUSTRY

Saturday, 27 June, 2020 at 03:33 GMT
The Bitcoin (BTC) blockchain may offer an alternative to the “Orwellian” apps that have been used by governments around the world to limit the spread of the COVID-19 virus, an article from bitcoin-focused financial services company ...
Eu planning to adopt legislation to improve crypto regulation by the end of the year

INDUSTRY

Friday, 26 June, 2020 at 16:48 GMT
The European Union is preparing for a digital finance strategy to be released later this year that will enable countries to make the most out of digital finance by reducing regulatory barriers, hinted the EU’s Executive Vice-President, Valdis Dombrovskis. ...
Wirecard scam

WARNINGS

Friday, 26 June, 2020 at 04:46 GMT
German payments company, financial services provider and cryptocurrency processor Wirecard has crumbled, leaving creditors out of nearly $4 billion following a rapid collapse that sent the stock plunging from $58.50 on June 17th to $1.75 today. The red-hot fintech announced on...
Artificial vs augmented intelligence

INVESTIGATIONS

Wednesday, 24 June, 2020 at 09:22 GMT
Artificial intelligence has accrued some very bad reputation over the years. For some, the term AI has become synonymous with the mass unemployment, mass slavery, and mass extermination of humans by robots. For others, AI often conjures dystopian images of Terminator, The Matrix,...
Paypal cryptocurrency support

INDUSTRY

Tuesday, 23 June, 2020 at 08:16 GMT
It is being reported that global payment platforms PayPal and Venmo are planning to enable direct cryptocurrency purchases for their millions of users. According to the CoinDesk report, plans are in the works to offer crypto buying and selling to users of PayPal and Venmo. One of...

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