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Singapore Authority Gives Crypto Licenses To DBS And Australian Exchange

The Monetary Authority of Singapore (MAS) has granted licenses to two companies to offer digital payment token services. The brokerage arm of DBS Bank received formal approval from Singapore’s principal financial regulator to provide crypto services. Australian cryptocurrency exchange Independent Reserve also received the same license under the Payment Services Act. With this, Independent Reserve becomes … Read moreSingapore Authority Gives Crypto Licenses To DBS And Australian Exchange

Reddit Community Responsible For Infamous Meme Stocks Turns Its Attention To Crypto

Crypto is by no means a novel concept to Reddit. The social media platform features a number of communities dedicated to cryptocurrencies. While Crypto projects operate their own official Reddit accounts to stay in touch with their community. Investing in all manner of assets is also widely discussed on the social media platform. These discussions … Read moreReddit Community Responsible For Infamous Meme Stocks Turns Its Attention To Crypto

China Crypto Ban: Crypto Exchange Huobi To Retire User Accounts

Top Crypto Exchange Huobi Global has said it will suspend all China-based user accounts later this year. The exchange said in an announcement on Sunday that it has discontinued account registration for new users in Mainland China. This event comes after China’s central bank intensifies its crackdown on Crypto activities. Last week, China intensified a crackdown on cryptocurrencies. … Read moreChina Crypto Ban: Crypto Exchange Huobi To Retire User Accounts

UAE Authorities Sign Agreement To Support Crypto Trading

Crypto adoption in the Middle East is higher than it has ever been. And regulatory frameworks to support Crypto-related financial services are growing. The United Arab Emirates’ Securities and Commodities Authority has signed an agreement with the Dubai World Trade Centre Authority (DWTCA). This agreement aims to support the regulation and trading of cryptocurrencies in … Read moreUAE Authorities Sign Agreement To Support Crypto Trading

Jim Cramer To Crypto Investors: I’m Begging You To Sell

Mad Money Jim Cramer is no newcomer to crypto. The show host has made the news countless times for his takes on crypto and his crypto investments. Cramer has previously disclosed investments in both Bitcoin and Ethereum. And when he sold, Cramer had revealed his plan for getting back into crypto. Once again, the Mad … Read moreJim Cramer To Crypto Investors: I’m Begging You To Sell

Robinhood Is Testing A New Wallet To Allow Users Withdraw Their Cryptocurrencies, Including Dogecoin

Robinhood has grown so much this year thanks to increased interest in Dogecoin. The trading platform recently revealed that crypto trading made up 50% of its revenue for the second quarter of the year. And that number is expected to grow as Robinhood’s focus falls on crypto. This is why the most recent feature that … Read moreRobinhood Is Testing A New Wallet To Allow Users Withdraw Their Cryptocurrencies, Including Dogecoin

Australian Cryptocurrency Exchange Grows Among Veterans That Consider Bitcoin As A Legit Investment

australian cryptocurrency exchange grows among veterans that consider bitcoin as a legit investment

According to the Australian cryptocurrency exchange, BTC Markets, Aussie boomers have become more familiar with crypto-asset investment. The country’s largest crypto exchange Bitcoin Markets have witnessed a rise in users in the past year. This is due to the increased number of older clients utilizing the platform. Following the data from one of the country’s … Read moreAustralian Cryptocurrency Exchange Grows Among Veterans That Consider Bitcoin As A Legit Investment

Survey Finds That 1 In 4 U.S. Teens Would Rather Invest In Crypto

A recent survey has found that crypto is growing in popularity amongst young people in the United States. This is in line with the general popularity trends for crypto. Recent surveys and polls have also shown similar findings across respondents. Sentiment towards crypto investing has skewed towards the positive in the past couple of years. … Read moreSurvey Finds That 1 In 4 U.S. Teens Would Rather Invest In Crypto

The Head of Diem wants you to trust Facebook, but is he fighting a losing battle?

Head of “Facebook Coin,” David Marcus discussed the up-and-coming Novi wallet, saying users do not need to worry about security or privacy. However, Facebook’s reputation on both counts is somewhat in the gutter. As such, Marcus may well be trying to achieve the impossible in convincing people otherwise. Nonetheless, in his latest interview, he states … Read moreThe Head of Diem wants you to trust Facebook, but is he fighting a losing battle?

Over 60 Crypto Exchanges In South Korea To Suspend Operations From Next Week

The Financial Services Commission (FSC) in South Korea has set a deadline for foreign and local crypto exchanges to register as legal trading platforms. The financial watchdog has set a September 24 deadline for exchanges to comply. This requirement is part of an effort to tighten oversight of the country’s exuberant crypto sector. Consequently, nearly two-thirds … Read moreOver 60 Crypto Exchanges In South Korea To Suspend Operations From Next Week

Google Partners With Dapper Labs Flow Blockchain

google partners with dapper labs flow blockchain

Google isn’t known for being a primary leader in the next generation of Web 3.0, but perhaps news this week could spur change on that front. The tech giant announced a partnership with Top Shot and Flow blockchain creator Dapper Labs. The partnership will allow Google to assist in scaling the Flow blockchain for the … Read moreGoogle Partners With Dapper Labs Flow Blockchain

Cryptocurrency Is All About Freedom

Cryptocurrency is all about freedom. That’s what Satoshi Nakamoto seemed to have in mind as he designed Bitcoin. When you hold cryptocurrency in your wallet, you’re free to ‘be your own bank’, just like when you communicate over communications apps like Signal or browsers like Tor, you’re free to speak in private. Cryptocurrency and decentralized … Read moreCryptocurrency Is All About Freedom

Taiwan Police Arrest 14 Suspects Involved in $5.4 Million Crypto Scam

Police administration in Taiwan arrested 14 people that were allegedly involved in a cryptocurrency investment scam. This scam defrauded more than 100 people out of about NT$150 million (US$5.41 million) over the past year. Local Taiwan news site – The Taipei Times – reported this news on Monday. According to the report, the Criminal Investigation Bureau (CIB) … Read moreTaiwan Police Arrest 14 Suspects Involved in $5.4 Million Crypto Scam

Mark Cuban Weighs In On Latest SEC Action By Urging Coinbase To Go On The Offensive

The billionaire owner of the Dallas Mavericks and Dogecoin advocate Mark Cuban advises Coinbase CEO Brian Armstrong to go on the offensive. Cuban’s words were in reference to news that the U.S securities regulator will sue the exchange if it goes ahead with offering its Lend program to users. Armstrong said they were planning to … Read moreMark Cuban Weighs In On Latest SEC Action By Urging Coinbase To Go On The Offensive

Reports Suggest Crypto Powered Akon City Is A Project Blighted By Broken Promises

reports suggest crypto powered akon city is a project blighted by broken promises

Senegalese-American singer, songwriter Akon became the talk of the town in 2018 when he unveiled plans for a 2000 acre crypto metropolis located 60 miles south of Senegal’s capital Dakar. Fast forward to today, and recent reports show a distinct lack of progress with the project. Ugandan author Charles Onyango-Obbo said one year on from … Read moreReports Suggest Crypto Powered Akon City Is A Project Blighted By Broken Promises

Crypto Exchange Binance Pulls Out Of Singapore In Response To Regulation

crypto exchange binance pulls out of singapore in response to regulation

The world’s largest crypto exchange, Binance, has announced that its main platform no longer offers Singapore Dollar trading pairs. crypto Exchange Binance Takes Measures To Comply With Singapore Regulation A few days ago, the Monetary Authority of Singapore (MAS) put the crypto exchange’s main website in its investor alert list. This list is for firms … Read moreCrypto Exchange Binance Pulls Out Of Singapore In Response To Regulation

Majority Of Russians Say They Would Rather Buy Crypto Over Traditional Assets

Crypto has grown to be the investment of choice for a lot of people across the globe. This time, a poll carried out by the Association of Forex Dealers (AFD) has found the majority of Russians currently favor digital assets over traditional ones. The survey showed that options like fiat currencies or gold had fallen … Read moreMajority Of Russians Say They Would Rather Buy Crypto Over Traditional Assets

Students Are Now Turning To Crypto To Help With School Expenses

Students are now turning to crypto to plug the financial gap that comes with schooling. It is no surprise that the cost of schooling has gone up tremendously over the years. Now more than ever, students are graduating with tens of thousands of dollars in student debt. But even the massive loans students have to … Read moreStudents Are Now Turning To Crypto To Help With School Expenses

Survey Shows 1 In 10 U.S. Investors Own Crypto Despite Seeing It As A Risky Asset

Crypto investment is fast becoming front and center when it comes to investing in the United States. Data has shown that the number of bitcoin investors has tripled in the last three years alone. This has mostly been sparked by the bull markets that have been experienced. A recent survey has shown the number of … Read moreSurvey Shows 1 In 10 U.S. Investors Own Crypto Despite Seeing It As A Risky Asset

Singapore Regulator Says Binance Unlicensed, Alerts Investors

singapore regulator says binance unlicensed alerts investors

Singapore’s financial regulator has added Binance to the investor alert list, signifying that the crypto exchange is unlicensed to provide payment services in the nation. The Monetary Authority Of Singapore Adds crypto Exchange Binance To The Investor Alert List As per a report from Bloomberg, the Monetary Authority of Singapore says Binance doesn’t have a … Read moreSingapore Regulator Says Binance Unlicensed, Alerts Investors

Economist Who Said The Internet Would Fail Says Crypto Is For Tax Cheats And Criminals

Paul Krugman, who counts winning the 2008 Nobel Prize in Economics among his accolades, slams the crypto industry, saying its only use is for “tax evasion and illegal transactions.” The comments came in reference to a Bloomberg article about the infrastructure bill, which has drawn mounting criticism for various reasons. Including the main gripe for … Read moreEconomist Who Said The Internet Would Fail Says Crypto Is For Tax Cheats And Criminals

CNBC Under Fire Over Unfair Coverage of Coinbase Hacking Incidents

CNBC published an article yesterday regarding the “terrible” customer service received when Coinbase users reported stolen funds. The U.S news channel had interviewed several SIM swap victims, who all voiced dissatisfaction over Coinbase’s handling of their situations. What’s more, the news outlet claims the issue is exacerbated by email being the primary method of contact, … Read moreCNBC Under Fire Over Unfair Coverage of Coinbase Hacking Incidents

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