CRYPTOCURRENCY
Crypto News
The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.
The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.
Agency Needs to Prepare Regulating Crypto, Says CFTC Chair
Rostin Behnam, the Chairman of the Commodity Futures Trading Commission (CFTC) noted that he has directed members to start preparing to be the major regulator in the crypto industry.
SBI Digital Taps License to Operate in Singapore
SBI Digital Markets, a subsidiary of SBI Group has announced it has been granted the Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore.
Fidelity, Schwab, Citadel Securities Launch New Crypto Exchange EDXM
The launch of crypto exchange EDX is the latest evidence Wall Street continues entering the digital asset markets despite the crypto winter.
Asset Tokenization to Expand into $16.1M Business Opportunity by 2030: BCG, ADDX Report
Asset tokenization will expand into a US$16.1 million business opportunity by 2030, according to a report published by BCG and ADDX.
US SEC To Open New Office Dedicated to Crypto-Related Filings
The new crypto offices, which are under the SEC’s Division of Corporation Finance, will be tasked with reviewing disclosures for publicly traded firms.
Thai Regulators Make Moves to Tighten Crypto Rules
Regulators in Thailand have introduced tighter rules for digital assets due to trading irregularities and the fall of a top acquisition involving a crypto exchange.
Australia's Federal Police Force Floats Crypto Unit: Report
The Australian Federal Police (AFP) has launched a new unit to help focus its fight against crimes that are perpetrated in the digital currency ecosystem.
What Would the Future of Crypto Be as Liz Truss Becomes Next UK PM
As Liz Truss is set to take the top administrative position of Prime Minister in the country, the market is concerned about her monetary policies, including the stance towards cryptocurrency, regulation of Stablecoins and digital assets.
'Blockchain Is Bunk': Crypto Critics Find their Voice
John Stark, one of the founding members of the US SEC, joined other experts in a major gathering of crypto sceptics.
More Than 11% of UAE Residents Have Set Foot in Crypto Space
As the United Arab Emirates (UAE) gears up to become a global crypto hub, approximately 11.4% of its residents have entered this sector, according to the Telecommunications and Digital Government Regulatory Authority (TDRA).