ANALYSIS

Canada’s New AML Rules Have Room for Improvement but a Good Start, Eh?

[ad_1] As the world’s supervisory agencies start to heed the crypto guidelines of the Financial Action Task Force, a new regulatory landscape is taking shape within the crypto industry. The latest country to annex the FATF directives is Canada, but how will the new rules impact crypto business in the country?In a report released March 10, the Financial Transactions and Reports Analysis Center of Canada, or FINTRAC, unveiled plans for
ANALYSIS

Former NASDAQ Lawyer Warns TON Against Going Rogue

[ad_1] Former NASDAQ vice president and assistant general counsel warned the TON Community against launching Telegram’s blockchain network until the 2nd U.S. Circuit Court of Appeals has its say.Safe Harbor is not on SEC’s agendaManny Alicandro, a New York City lawyer with vast experience in traditional finance as well as in cases involving crypto assets, shared his concerns about the drastic plan put forward by the TON Community with Cointelegraph.
ANALYSIS

Why Crypto Traders and Miners Might Head to Portugal

[ad_1] Existing outside of the realm of traditional finance and with no central point of authority, digital assets have posed several challenges to governments worldwide. Many nations have struggled with how to define and regulate cryptocurrencies, and there is no uniformity because each country has developed its own unique approach.Data and transparency seem to be some of the best tools on the road to regulatory certainty and institutional demand. While
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Industry Sees Rebirth as RBI Crypto Ban Lifts

[ad_1] Among industry participants and investors, India is emerging as a market to watch for following the overturn of a crypto ban that was placed by the Reserve Bank of India back in April 2018. The prominent investors looking to get a piece of India’s nascent crypto space include Tim Draper, a billionaire investor who obtained thousands of Bitcoin from 2014’s Silk Road auction.Draper recently said that he has “met
ANALYSIS

Bitcoin Was Heading for a Big Upsurge, Traders Explain What Changed

[ad_1] With the firm recovery of the Dow Jones Industrial Average and Bitcoin defending the $6,400 support level with strength, crypto traders anticipated the Bitcoin price to rebound to at least the mid-$7,500 area in the short term. In the past 48 hours, however, they have started to lean toward a resumption of a bearish trend for Bitcoin, as the relief rally of the dominant cryptocurrency is seemingly coming to
ANALYSIS

Bitcoin in the Palm of Your Hand — Crypto Hardware Wallets Review

[ad_1] A hardware wallet may just be the safest way to store cryptocurrency for average users. Nowadays, many different devices are trying to tackle the challenges of secure crypto asset storage. In this article, Cointelegraph will review some of the most well-known hardware wallets and compare their features.The cryptocurrency wallets that will be covered in this article are Ledger’s Nano X and Nano S, SatoshiLabs’s Trezor One and Trezor Model
ANALYSIS

Bitcoin Fares Well Against Fiat Currencies, but It’s in a Class of Its Own

[ad_1] Gone are the days of dusty ledgers and checkbooks. Over the last decade or so, the word “money” has taken on a completely new meaning for a lot of people all over the world. This is partly due to the masses being utterly frustrated with the way many big banks handle their business transactions.In fact, with the use of physical money on the decline, the market for digital payments
ANALYSIS

Crypto Conferences Finding Ways to Adapt Amid Coronavirus Pandemic

[ad_1] The number of coronavirus cases worldwide is rapidly getting close to 400,000, with many industries and businesses affected around the world. The crypto market has been no exception. Bitcoin’s (BTC) price initially reacted with a 50% drop; blockchain companies began to suggest that their employees working remotely; and crypto conferences have been either canceled or postponed.While some conferences report poor attendance and mass dropouts from panelists, others have found
ANALYSIS

Decentralization Is Not a Binary Choice

[ad_1] Decentralized finance, more commonly known as DeFi, is quite complicated. Even the heads of DeFi companies seem unable to define the sector in a few sentences. So, here’s another attempt: DeFi is a financial ecosystem, in which it is possible to build tools, services and smart contracts and then bond them together on a blockchain, just like lego. It might not sound like fun, but it’s probably more useful.Lego
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The Blockchain Africa Participants Optimistic About Continent Becoming Center of Progress

[ad_1] The Blockchain Africa conference produced a swathe of optimism for Africa to become a driving force behind the development and use of new blockchain-powered technologies.Over the past few years, blockchain has replaced cryptocurrency as the “it” word in the fintech space. It is a fact that was mirrored by the Blockchain Africa conference itself, with speakers focusing more on the possibilities of blockchain answering a number of industry inefficiencies,