The South African Reserve Bank (SARB) has implemented ‘light regulation’ for cryptocurrency. As per the new laws, cryptocurrency asset trading platforms, custodial service provider and payment service providers have to register with the Intergovernmental Fintech Working Group (IGFWG) which is formed by members of the Treasury and SARB. The newly imposed regulation is in line […]

The state of Wyoming in the Unites States of America has passed a new bill that now classifies cryptocurrencies as money. The new bill has broken down cryptocurrency into three categories, digital securities, digital assets and virtual currencies. Experts say the classification had been long due and has set the cryptocurrencies rolling forward. The Bill […]

The Russian Deputy Finance Minister Alexei Moiseev says you can use crypto cards to pay for goods and services. Moiseev told the local media that the transactions are legal as the businesses receive money in Russian rubles. The minister highlighted an incident whereby a person was prosecuted for paying his cafe bill with a crypto […]

With more people showing interest in cryptocurrency, the digital currency is getting more vulnerable to hackers. The latest incident being reported is the New Zealand Cryptopia cryptocurrency exchange where hackers took off with $3.65 million in Ether and Centrality tokens. There are a number of security loopholes which the cryptocurrency market has to address. Experts […]

The Bulgarian National Revenue Agency (NRA) will be keeping close watch on cryptocurrency trading platforms to make sure that they are complying with the law in terms of tax and social security legislation. The agency suspects investors of owing unpaid taxes. According to an official statement, the NRA will take over details of all token […]

Cryptocurrency has ventured into the luxury timepieces market, with the world famous A. Favre & Fils to craft an inbuilt crypto cold-storage wallet. In its official website, the Swiss watchmaker announced that they will be offering a ‘state-of-the-art proprietary security solution’. It will be based on blockchain technology. Laurent Favre, the company’s chief executive officer […]

The cryptocurrencies are inherently tempestuous; it’s volatile and very unstable by nature. The opinions about them are wildly divided. But in a bizarre development, these digital assets are gaining acceptance among the usually orderly but luxurious world of Art writes Victoria Burrows for the Peak Magazine. In what is termed as the democratization of art […]

Cryptocurrency investors will now have to wait as the Bitcoin Exchange Traded Fund (ETF) has been pushed to February because of the US government shutdown. It is up to the Security Exchange Commission now, as according to various reports, it can either decline, accept or postpone it again. And this is indeed a crucial decision. […]

Crypto Banking: Blockchain implementation is the need of the Hour The best frame given by Blockchain to us is Crypto Banking, aside from the propensities of a few crypto coins. The fate of payments is endorsed with security, as it is interestingly suited to enhance verification of account balance, exchange expensive and emphasizing procedure of […]

The crypto market increased its trading volume by $3 million in the past 24 hours since Bitcoin as well as Ethereum made good progress in contrast to the US Dollar. Others in the crypto family Litecoin, TRON and Cardano touched their highest points during the day in the range of 6 – 12 percent parameter. […]