Tag: cryptocurrency

April 10, 2024

Unveiling the Dark Side of Forex and Cryptocurrency Trading With the rise of the forex trading platform and the allure of quick profits, scam brokers have emerged as a significant threat to those seeking to venture into forex and cryptocurrency […]

April 1, 2024

In a display of the United States’ jurisdictional reach, the Justice Department has indicted KuCoin, a prominent global cryptocurrency exchange, along with founders Chun Gan and Ke Tang, for Bank Secrecy Act (BSA) and unlicensed money transmission offenses. The indictment […]

February 14, 2024

Cryptocurrency, a digital form of currency that uses cryptography for security, has become a significant part of the global financial landscape. As such, it has also become an important consideration in estate planning. This Dechert OnPoint provides an overview of […]

January 2, 2024

The world of cryptocurrency is in a constant state of flux, with the appeal and market value of various digital currencies undergoing frequent fluctuations. As we approach 2024, many investors are grappling with the question of which cryptocurrency holds the […]

October 31, 2023

A filing made with the Stock Exchange of Thailand this week by K-Bank president Pipit Aneaknithi shows that the acquisition has been made through Unita Capital, the bank’s fully owned subsidiary and investment arm for digital asset companies. Satang Corporation […]

October 16, 2023

The proposals specifically aim to tackle “consumer harms” associated with digital assets, which the government says have been perpetuated by ineffective management practices, inadequate governance structures, poor operational resilience, widespread conflicts of interest and instances of fraudulent activities. To mitigate […]

April 4, 2023

Members of the European Parliament (MEP) have adopted draft legislation strengthening EU rules against money laundering and terrorist financing with MEPs set to negotiate the final shape of the legislation with EU governments. The parliament will vote on it during […]

January 10, 2023

Considering that cryptocurrencies have a positive impact on financial inclusion, it is odd then that the UN has expressed its reservations about them. The UN’s Conference on Trade and Development (UNCTAD) called for a halt to the growth of cryptocurrencies […]

August 22, 2022

On August 15, the Federal Reserve Board (Fed) issued final guidelines, outlining the tiered approach it will use when evaluating the growing requests from fintech firms and cryptocurrency companies for access to master accounts. The guidelines make clear that while […]

July 27, 2022

Hackers are increasingly targeting financial firms such as banks and trading houses with attacks designed to use their computer systems to mine cryptocurrencies, according to cybersecurity firm SonicWall. The number of so-called cryptojacking attacks on financial companies more than tripled […]

June 16, 2022

Bitcoin trading is a very exciting hobby for many people. However, for some new traders, it can be a bit intimidating and even terrifying. After all, the world of finance can be extremely complex and Bitcoin trading is no exception. […]

May 17, 2022

The round saw participation from existing investor UDHC as well as other strategic investors Blizzard the Avalanche Fund, Inveniam, Redwood Trust, TrustLabs, Mirae Asset Venture Investment, Gate Ventures, LedgerPrime and StableNode, among others. The company says the financing will fuel […]

May 4, 2022

Cryptocurrency has become an integral part of the global financial ecosystem, and as the blockchain space evolves, new niches, applications, and derivative technologies will continue to emerge over time. Every year, one of these concepts becomes the dominant narrative within […]

April 20, 2022

Whether you’re an investor expanding your portfolio to include digital assets such as cryptocurrencies and tokens, a business that uses cryptocurrencies to engage in everyday transactions, or a crypto “miner,” you need to keep in mind the tax implications of […]

April 13, 2022

On April 11, Virginia enacted a new law (HB 263), which goes into effect on July 1, 2022, permitting “banks” to provide customers with “virtual currency custody services so long as the bank has adequate protocols in place to effectively […]

March 25, 2022

There are many businesses utilizing crypto and DeFi solutions to pay their employees and manage their bills while moving away from traditional exchange systems offered by banks (TradFi). Today, however, we’re looking at the risks involved in these payment solutions […]

December 20, 2021

Bitcoin is one of the widely used cryptocurrencies, it has its estimated value in trillions. In 2009, it came into existence and after that, the value of Bitcoin increased. Many investors have their theory related to investment in Bitcoin. Bitcoin […]

December 6, 2021

Cryptocurrency is no longer a trend or an emerging innovative technology that will become available sometime in the future. It is here now, and it is here to stay. Indeed, it is still quite a new field, and advanced developments […]

November 18, 2021

Discussions of cryptocurrency and decentralized finance typically revolve around trends relating to retail investors. However, recent data suggests that institutions are beginning to invest in digital assets in multiple forms, not least of which is their significant investments into financial […]

October 29, 2021

Announced at Money20/20, the partnership also expands Mastercard’s rewards scheme to include crypto and will allow for the issuance of branded crypto debit and credit cards. Mastercard says the “multifaceted partnership” will enable “Crypto-as-a-Service” and make it easier for its […]