Global Digital Finance warns Hong Kong against banning crypto retail traders

SEC trying to prevent XRP holders from involving in Ripple vs SEC lawsuit

Global Digital Finance, a crypto exchange group, has warned Hong Kong against the proposed law banning retail traders from conducting crypto activities. This will increase the adoption of unregulated platforms by crypto retailers. Global Digital Finance against Hong Kong Crypto regulation Hong Kong cryptocurrency industry participants have worked hard to defy upcoming laws that will restrict legal […]

South Africa Authority To Regulate Crypto Trading Following Increase In Ponzi Scheme

South African Crypto Companies Warn Against Unclear Crypto Regulations

 After the collapse of what is believed to be the largest Ponzi scheme in the country’s history, South African regulators are looking for more control over cryptocurrency transactions. The self-proclaimed Bitcoin (BTC) trading company Mirror Trading International was temporarily wound up in December because investors tried and failed to withdraw funds. The company claims it […]

India to test Blockchain-based Voting Technology

The fifth largest economy in the world, India has shown an interest in using blockchain technology to improve its democratic process and will soon start bogus trials, according to India’s chief election commissioner. In commemoration of the 11th National Election Day, Chief Election Commissioner Sunil Arora announced that the country’s new long-distance election plan would […]

Harvard And Other Top US Universities Now Buying Cryptocurrency

According to reports, a large number of U.S. endowments from universities like Harvard University, Yale University, Brown University, and the University of Michigan buy cryptocurrencies on exchanges. Traditionally, university endowments are made up of money or other financial assets (such as cryptocurrencies) donated to academic institutions. The news reported by Bloomberg indicated that Coinbase mentioned […]

Airlines to begin Blockchain-based COVID-19 passports trials in February

A blockchain-based digital passport with travelers’ COVID-19 test and vaccination status will be piloted next month. The International Air Transport Association is about to introduce a blockchain-based passport that will digitally store personal health information, especially COVID-19 test and vaccination status. The International Air Transport Association said this move could reopen the world and relax […]

US president pauses controversial crypto proposal

Joe Biden

The United States has just named a new President, Joe Biden, and he’s started making waves both inside and outside the cryptocurrency industry. On his first day in office, President Biden decided to freeze all federal regulatory processes, including the controversial proposal for a crypto wallet. The controversial proposal for a crypto wallet has been […]