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The Shenzhen office of the People’s Bank of China (PBOC) has reportedly set out to correct the business activities of about a dozen companies allegedly engaged in cryptocurrency transactions. According to Chinese media, the entities have been targeted in a crackdown on crypto trading in the city. People’s Bank of China Cracks Down on Coin … Read more
Many companies operating with cryptocurrencies are not meeting anti-money laundering regulations, the U.K.’s Financial Conduct Authority revealed. The government agency has extended its temporary registration scheme after facing a growing number of crypto firms that are withdrawing their applications. FCA Extends Temporary Registrations Regime Till End of March 2022 The Financial Conduct Authority (FCA) announced … Read more
In May 2020, back when the crypto economy was still tumultuous from the coronavirus outbreak fears and gloomy global financial outlook, in general, the private venture capital firm Andreessen Horowitz (a16z) revealed the 500 million-dollar “Crypto Fund II.” A report published on May 27 by the tech writer Eric Newcomer indicates that Andreessen Horowitz is … Read more
While the price of bitcoin and numerous cryptocurrencies have jumped in value, a great number of merchants have been willing to accept digital currencies for goods and services. These days a crypto proponent can buy literally anything with their crypto assets and some of these items are very unique and extraordinary. Crypto Spenders Can Build … Read more
Cryptocurrencies have been getting quite popular in the Caribbean region and in Antigua and Barbuda, the island has seen significant growth. Crypto adoption has been on the rise in the island country and just recently, a regional news report detailed that more than 40 major businesses are accepting bitcoin cash for goods and services. During … Read more
Financial incumbents may face a harsh reality soon, as a commercial real estate crisis has threatened the profits from America’s largest banks. A number of reports show that banks with a large amount of commercial real estate in their portfolios may see a significant fallout in the next few months. Just recently PWC’s real estate … Read more
When it comes to data protection it is vital to determine your recovery point objective (RPO). Understanding the process is vital in safeguarding your data. Go to Source Powered by WPeMatico
Getting into Bitcoin is a first step many have already taken, and with the generally positive start of 2020, more are likely to make the move. But then there’s the question of what to do with your coins. Regardless of how you obtained them – through purchase, faucet, airdrop, fork, business, or salary — it’s … Read more
Businesses around the world continue to adopt bitcoin cash (BCH) and in 2020 merchant acceptance continues to grow. Tallying up all the companies that accept BCH listed on sites like Green Pages, Map.Bitcoin.com, Acceptbitcoin.cash, and Anypay shows there’s more than 4,300 BCH supporting merchants worldwide. Also Read: Ethereum vs Tron: Comparing Data, Defi and Stablecoins … Read more
Famous for its favorable business climate that has attracted hundreds of crypto companies, Switzerland is now expanding its financial regulatory framework. Some of the upcoming rules will increase oversight in the blockchain industry in compliance with new international standards regarding operations with digital assets. Also read: With New Regulations, Europe’s Crypto Companies May Be Running … Read more
