Since the launch of the cryptocurrency industry, one of the major issues has been the KYC and AML compliance of the cryptocurrency entities. As the majority of the cryptocurrency exchanges are decentralized, this is why they are notorious for not complying with the regulatory policies. It is the cryptocurrency exchanges that on many occasions have…
Through a recent press release by exchange Bittrex, it was revealed that monero, zcash, and dash will soon be removed from the market. It was stated that his removal will be implemented on January 15, 2021. But Bittrexdid does not mention any specific reasons for removing these coins. However, many other crypto exchanges around the…
The top runner of cryptocurrency war may go on a pause with the new dawn. Bitcoin, with another month passing, not only stays on top but sets a new record. Bitcoin successfully moves on to the price value of US$ 29,000 before the end of 2020. Considering the market figures, and according to various experts,…
Now there are only a few months before the South Korean crypto-regulations kick in, things are becoming tougher for the South Korean crypto-exchanges. Initially, the regulations were to be implemented at the beginning of January 2021. However, after receiving several requests from the crypto-association, the South Korean government gave an extension to the regulatory implementation.…
The US Securities and Exchange Commission (SEC) has proven to be very proactive in its pursuit of crypto-related trading schemes and scams. This week, the agency managed to score another win when it received the approval for freezing the assets of a prominent crypto investment firm. The official announcement from the SEC said that a…
As the current year comes to an end, the cryptocurrency industry is now becoming more desperate towards the new crypto FinCEN ruling. The entire cryptocurrency community in the United States has its fingers crossed in regards to the new FinCEN ruling. However, the leader of the Coin Center has proposed a plan related to the…
When it comes to the adoption of cryptocurrencies in third world countries, India is ranked on top of the rest. In recent years it has become quite clear that the people in India are eager to get their hands on cryptocurrencies. Although the Indian Government does not support cryptocurrencies, still the industry has been flourishing…