Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

Sanctions Against Crypto Mixer Raise Broader Compliance Fears
Sanctions Against Crypto Mixer Raise Broader Compliance Fears
August 16, 2022  |  Cryptocurrency

It’s not just the libertarians who are concerned about the implications of the U.S. blacklisting a crypto mixing site allegedly used by North Korean hackers....

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Today in Crypto: Crypto Nomads Move Back to Big Cities; Court OKs IRS Tax Probe of Dealer SFOX
Today in Crypto: Crypto Nomads Move Back to Big Cities; Court OKs IRS Tax Probe...
August 16, 2022  |  Cryptocurrency

As the pandemic wanes, Bloomberg reported that crypto nomads are returning to big cities like New York and London. Get the Full Story Complete the...

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Market Volatility, Souring SPAC Outlook Create Cruel Summer for Crypto M&A
Market Volatility, Souring SPAC Outlook Create Cruel Summer for Crypto M&A
August 16, 2022  |  Cryptocurrency

Sometimes it’s friendly and sometimes it isn’t, but long-planned crypto mergers and SPAC acquisitions have been falling apart in the past month. Get the Full...

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Fed Offers Crypto Banks Path to Global Payments Rails
Fed Offers Crypto Banks Path to Global Payments Rails
August 16, 2022  |  Cryptocurrency

The Federal Reserve has opened a path for crypto banks and stablecoin issuers to gain access to master accounts that would bring access to the...

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Digital Beats Legacy in Sending Remittances to Remote, Rural Recipients
Digital Beats Legacy in Sending Remittances to Remote, Rural Recipients
August 16, 2022  |  Cross-border Payments

An essential part of migrant workers’ lives is sending money abroad to recipients who often depend on funds for critical expenses such as housing, food...

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New Fed Guidelines Seen Helping Crypto Companies Gain Access to Central Banking System
New Fed Guidelines Seen Helping Crypto Companies Gain Access to Central Banking System
August 15, 2022  |  Cryptocurrency

The Federal Reserve announced final guidelines Monday (Aug. 15) that could pave the way for institutions holding crypto and other “new types of financial products”...

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Today in Crypto: Crypto Rally Slows After Bump Over Ethereum Upgrade; BitGo Eyes Legal Action Over Galaxy Digital Deal
Today in Crypto: Crypto Rally Slows After Bump Over Ethereum Upgrade; BitGo Eyes Legal Action...
August 15, 2022  |  Cryptocurrency

Cryptocurrency values remained unchanged with the cooling of a rally in bitcoin and ether, Bloomberg wrote Monday (Aug. 15). Get the Full Story Complete the...

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Revolut Wins Crypto Approval Across Europe
Revolut Wins Crypto Approval Across Europe
August 15, 2022  |  Cryptocurrency

Revolut, a digital bank based in London, has won approval from regulators in Cyprus to offer cryptocurrency-related trading services, a move that will let Revolut...

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Small Banks See Fortunes Rise and Fall With Crypto
Small Banks See Fortunes Rise and Fall With Crypto
August 15, 2022  |  Cryptocurrency

Small banks were happy to land cryptocurrency-related businesses as clients when the industry was booming. Now that crypto prices have plunged, those banks are on...

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