EXCHANGES

Crypto Regulations Are Changing Worldwide to Comply With FATF Standards

[ad_1] Governments worldwide are changing the way they regulate crypto assets to comply with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Some are amending existing laws, while others are creating a new system to cooperate and share data. Also read: China Publishes New Rankings of 37 Crypto Projects A New Crypto System A number of countries worldwide are reportedly setting up a new cryptocurrency system
BLOCKCHAIN

Tron’s Listing on Major US Exchange Is #1 Priority

[ad_1] Tron (TRX) founder Justin Sun has said that getting the cryptocurrency listed on the American version of Binance or Coinbase is his company’s number one priority.The entrepreneur was responding to tweets from Tron enthusiasts on Aug. 9, with some claiming that investors were concerned that United States citizens will be unable to trade TRX on Binance.Alarm bells also sounded after TRX was absent from a list of 30 digital assets
EXCHANGES

U.S DOE Distributes $1.05 Million to Blockchain Energy Management Platform

[ad_1] According to a recent report, the United States Department of Energy has given a grant worth $1.05 million to entities whose vision is to commercialize blockchain-based energy transaction platform. This news comes after one of the companies said to have been a recipient, energy company ComEd released a statement on the 9th of August. Others include BEM Controls- a firm which specialises in energy management and software, the University
BLOCKCHAIN

How Brexit Will Affect the UK Fintech Industry? Experts Answer

[ad_1] Back in 2016, there was a referendum that caused Brexit, which has since been affecting all spheres of British life. Would Brexit’s effects be positive or negative for the fintech industry in the United Kingdom? We asked experts from the London Fintech Week, the U.K. in a Changing Europe, the University of Nottingham and more. Meanwhile — and this should be underlined — a lot of experts declined to
Business

Naughty North Korea, India’s Bombshell, LTC Flops

[ad_1] U.S. Federal Reserve launching payment system, crypto bulls nonplussedThe United States Federal Reserve left some crypto enthusiasts unimpressed this week when it unveiled plans to release a real-time payments and settlements service. Known as FedNow, it is hoped the infrastructure will lead to faster transactions 24 hours a day, seven days a week. Presently, it is set to launch some time in 2023 or 2024. Morgan Creek Digital Assets
BLOCKCHAIN

Bitmain Accuses Cryptocurrency Project of Impersonation

[ad_1] Cryptocurrency mining hardware manufacturer Bitmain has accused a cryptocurrency project of falsely using its name in the promotion of a product dubbed Mangocoin (MNG).In an Aug. 9 blog post, Bitmain states that it came across a fraudulent use of its brand in the sale of a product dubbed “Bitmain Cloud Miner” and in the promotion of Mangocoin. The fraudsters allegedly masqueraded as Bitmain and promoted the products on their
BLOCKCHAIN

Tron Officially Releases Sidechain Scaling Solution Sun Network

[ad_1] Blockchain-based decentralized application platform (DApps) Tron (TRX) has announced the release of a sidechain scaling solution, the Sun Network, in a blog post published on Aug. 11.Tron has released the V1.0 code for the Sun Network, which is a scaling solution designed to enhance and ensure a supposedly unlimited scaling capacity of the Tron mainnet. This will purportedly let DApps consume less energy and run with higher security and
ALTCOIN

China’s Digital Currency Is Ready, Central Bank Says

[ad_1] The People’s Bank of China (PBoC) has claimed that its digital currency “can now be said to be ready."According to PBoC deputy director Mu Changchun, a prototype that adopts blockchain architecture has been successfully developed after five years of research.His announcement, made at the China Finance 40 Forum, was reported by local news site Shanghai Securities News on August 10.Two-tier operating systemMu said issuing a digital currency using a
EXCHANGES

China Ready to Roll out State-Backed Digital Currency

[ad_1] According to an announcement from an official for the People’s Bank of China (PBOC), the country is nearly ready to unveil its new central bank digital currency (CBDC). Centralized Crypto-Currencies There’s been much talk recently in the Bitcoin space about digital payment technology getting picked up by centralized powers. Facebook Libra’s coin has been all over the news as they attempt to launch their own dollar-pegged crypto-currency while navigating
BUY/SELL

Top-5 Crypto Performers: BNB, BTC, XMR, LEO, DASH

[ad_1] The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.About 15 countries, including the G-7 nations, have agreed to create a new system to share personal data of cryptocurrency users to keep a