Day: 11 October 2022

On 11 October 2022, the G20-mandated regulatory standard-setter, the Financial Stability Board (FSB), published a consultation paper proposing a framework for the “International Regulation of Crypto-asset Activities”. The FSB’s proposals are based on a principle it described as “same activity, same risk, same regulation”. That is, where crypto-assets and crypto ...

Coinbase stated in a press release that it had received preliminary regulatory approval from the Monetary Authority of Singapore (MAS) to provide cryptocurrency services in the country. Due to the preliminary approval, Coinbase can now offer "regulated digital payment token products and services" in Singapore.  After getting the green light ...

Google is planning to integrate cryptocurrency payments into its cloud services after partnering with cryptocurrency exchange Coinbase.  Google announced on October 11th that it will begin accepting cryptocurrency payments in 2023 and that it will store its cryptocurrency reserves using Coinbase Prime.  During the pilot phase, a small group of ...

Regular cryptocurrencies are not entirely anonymous because blockchain transactions are recorded on a public ledger that anyone can access. While such a system has advantages, users' privacy and anonymity are compromised, and it becomes easier to link a person's identity to their address. This is where privacy coins come into ...

Several articles have discussed the value of decentralization and how it sets some cryptocurrency projects apart from others. Changpeng Zhao, CEO of Binance, discussed the importance of decentralization and how it should be a "way to achieve a goal, not the goal itself" in any cryptocurrency project.  In a blog ...

According to a network update published on October 7th, BNB Chain, Binance's native blockchain, is now up and operational. Confirmed reports of a cross-chain exploit caused a temporary halt in the network's operations.  According to the blockchain, validators in the network "confirm their status" and help to improve the community's ...

In response to Russia's invasion of Ukraine, the European Union (EU) has made it illegal for Russian crypto accounts to be used to pay for anything outside of Russia.  This prohibition is a part of the eighteenth set of sanctions imposed on Russia for its military intervention in Ukraine.  All ...

Despite the ongoing crypto bear market, VISA is betting that cryptocurrency investors will continue to use their holdings for day-to-day purchases.  According to a CNBC article published on October 7, the largest payments network in the world is partnering with FTX, a globally renowned crypto exchange, to launch debit card ...