preventing

The Fight for Financial Freedom

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Time Stamp: July 10, 2023 5:30 AM - Modified On: July 10, 2023 - Published By:
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Republished By Plato

As the grasp of regulators tightens on the global cryptocurrency market, exchanges such as KuCoin are being compelled to implement mandatory pre-purchase checks. In tandem, several prominent banks are limiting funds transferred to cryptocurrency exchanges under the guise of protecting customers from fraudulent activities. In the background, the Financial Action Task Force (FATF) is looming over these rapidly evolving regulations. The FATF underscores the significance of Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), and Anti-Money Laundering (AML) regulations applicable to all financial transactions, cryptocurrencies included.

Breaking New Ground

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Time Stamp: October 21, 2022 3:49 PM - Modified On: October 21, 2022 - Published By:
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October has been another strong month for our development team who are continuing to make breakthroughs with the NFT module aspects of Paribus. As we always say it’s never easy to do something that hasn’t been done before, and we’re lucky to have such a talented team of devs conscientiously breaking new ground. Even before our MVP hits the mainnet we’ll be ready to conduct in-house testing of various aspects of our NFT iteration. Frontend This month we’re pleased to announce that several areas of the frontend have completed the

India Considering Registration, Taxation in Crypto Regulation

Source Node: https://beincrypto.com/india-considering-registration-taxation-in-crypto-regulation/
Time Stamp: November 19, 2021 10:01 AM - Modified On: November 19, 2021 - Published By:
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India’s government is planning regulations that could require coins to register before being listed and traded on exchanges.Sponsored Sponsored According to anonymous sources from Reuters, the process is intentionally cumbersome in order to deter investors from holding cryptocurrencies. Only coins that have been pre-approved by the government may be traded, with those holding other coins risking a penalty. This regulation would create a barrier of entry for thousands of peer-to-peer currencies if carried out. Another senior government source claimed that capital gains and other taxes, potentially amounting to over 40%,

eShark token lists on P2PB2B

Source Node: https://ambcrypto.com/eshark-token-lists-on-p2pb2b/
Time Stamp: November 19, 2021 9:45 AM - Modified On: November 19, 2021 - Published By:
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eShark Token: What is it? The eShark Token offers gamers and investors a trusted transaction management platform based on blockchain technology and smart contracts. This decentralized, open, and fair network brings gamers, investors, traders, and exchangers together. And it provides an automated and transparent investment system based on smart contracts. With eShark Token, gamers can conduct safe and convenient transactions worldwide between users, players, companies, e-sports teams, developers, and game publishers. It’ll also establish a means for gamers to vote for eSports teams, game influencers, eSports managers, game streamers and

Seed Round Ends in Just 8 Hours for Cardano Escrow Protocol – ADEED

Source Node: https://bitcoinist.com/seed-round-ends-in-just-8-hours-for-cardano-escrow-protocol-adeed/?utm_source=rss&utm_medium=rss&utm_campaign=seed-round-ends-in-just-8-hours-for-cardano-escrow-protocol-adeed
Time Stamp: November 16, 2021 2:06 AM - Modified On: November 16, 2021 - Published By:
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ADEED is a new project that has gained a lot of good feedback from the recent pitch deck that the company has presented to several venture capitalists, investors, and incubators. The company had recently announced the opening of its seed round, which entails 1,500,000 ADE (3% of Total Supply). The seed round had successfully closed in just eight hours by Emirate, Saudi, and Chinese investors. Over the last year, Dubai and Saudi Arabia have been subtly getting more involved with blockchain projects. Dubai hosted the ‘Crypto Expo Dubai 2021’ last

Crypto Valley Roundup – Fall 2021

Source Node: https://beincrypto.com/crypto-valley-roundup-fall-2021/
Time Stamp: November 15, 2021 3:31 PM - Modified On: November 15, 2021 - Published By:
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The Crypto Valley is known to be one of the most “crypto-friendly” regions in the world. But what specifically is happening within the Blockchain ecosystem? The “Crypto Valley Roundup” aims to provide insight and highlights from selected events every two months.Sponsored Sponsored With the first Blockchain companies settling in the area of Zug from 2013 onwards, the term “Crypto Valley” was soon born in reference to the “Silicon Valley”. Thanks to politics and regulation, Switzerland was able to create the necessary legal certainty for a flourishing ecosystem around Blockchain and

What is the FATF Guidance on DeFi?

Source Node: https://bitpinas.com/regulation/fatf-defi-guidance/
Time Stamp: November 14, 2021 9:41 PM - Modified On: November 14, 2021 - Published By:
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Share some Bitpinas love:By Hans DoringoThe Financial Action Task Force (FATF), an intergovernmental anti-money laundering watchdog, released last October 28, 2021, revisions and updates to its virtual asset guidance for virtual asset service providers (VASPs) which was first issued in 2019.In keeping with the feedback and reviews concerning the uncertainty of how the FATF would apply its VASP standards to decentralized finance (DeFi), the body proceeded on finalizing the guidance during its plenary meeting that lasted until October. The updated version of the guidance includes clarifications on FATF’s proposal to

Chicago’s A Safe Haven Announces The Passing of Board of Directors Member Linda S. Mensch

Source Node: https://www.prweb.com/releases/chicagos_a_safe_haven_announces_the_passing_of_board_of_directors_member_linda_s_mensch/prweb18160238.htm
Time Stamp: August 28, 2021 4:00 PM - Modified On: August 28, 2021 - Published By:
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A Safe Haven announces the passing of Chicago-based entertainment attorney and dedicated volunteer Board of Directors Member Linda S. Mensch. Photo credit: A Safe Haven. “Linda S. Mensch was an amazing life force in her professional career as an award-winning lawyer in the music and film industry. “She was also an amazing dedicated board member of A Safe Haven and champion for the cause of helping the homeless for over 12 years.” CHICAGO (PRWEB) August 28, 2021 A Safe Haven, (ASH), an internationally acclaimed top Chicago-based 501©3 nonprofit dedicated to

TrustSwap Review: Making Smart Contracts Mainstream

Source Node: https://www.coinbureau.com/review/trustswap-swap/
Time Stamp: December 1, 2020 8:18 PM - Modified On: May 21, 2021 - Published By:
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The cryptocurrency space can be a scary place if you are not careful. There are scammers left and right, and not just in Discord and Telegram. Many cryptocurrency projects have revealed themselves to be nothing short of a ponzi scheme. Some have even ended with a rug pull – the team dumping their share of the crypto on the market and running with the cash.TrustSwap is a cryptocurrency project that is hoping to change that by using smart contracts. They want to create a new standard for initial coin offerings

Ex-Chinese Banking Exec Says CBDCs Will Substitute Cash in Circulation

Source Node: https://beincrypto.com/ex-chinese-executive-says-digital-currencies-will-substitute-cash-in-circulation/
Time Stamp: August 3, 2020 10:26 AM - Modified On: May 21, 2021 - Published By:
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A former Bank of China executive has shown his support for digital currencies, positioning it as a substitute for cash, widely known in economic circles as M0. Ex-vice president of China’s central bank, Wang Yongli, said that digital currencies should substitute all currencies “as much as possible”. The push for digital currency: “shouldn’t be confined to such substitution; otherwise, its market competitiveness could be problematic,” ,he said. Yongli is the present director of the Haixia blockchain research institute and previously served at the People’s Bank of China (PBoC) for over