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Cryptocurrency Regulation and Taxing

Revolutionizing Customer Identification Through Blockchain Technology

Daniel Sharkey | March 3, 2023 | Leave a comment
A New Boost for Pakistan’s Banks Association on the Blockchain Front RBI’s CBDC Achievement A New Boost for Pakistan’s Banks Association on the Blockchain Front Regarding overall banking institutions, the Avanza Group and Pakistan Banks Association (PBA) have agreed...
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DIY Pension Funds in Australia Lose Millions In Crypto

Daniel Sharkey | March 2, 2023 | Leave a comment
Many Australians who utilize their pension funds to bet on digital and virtual assets are encountering losses, thus risking their savings, which was a plan to ascertain enough retirement income. These risks will likely be witnessed since DIY pension...
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VISA and Mastercard Stall Launch Of Strategic Crypto Partnership – Report

Daniel Sharkey | February 28, 2023 | Leave a comment
A recent report from Reuters revealed that two of the world’s leading digital card payment solution platforms, VISA and Mastercard, had halted their planned partnership. VISA and Mastercard decided to delay the launch of the new partnership with crypto...
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RAK Declares the World’s First Free Zone for Digital Assets

Daniel Sharkey | February 28, 2023 | Leave a comment
The people of Ras Al Khaimah are happy since their administration is the first to show the desire to establish a free zone for virtual digital assets and industries that operate on crypto. At Blockchain life 2023, the administration...
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Tornado Cash: Risks and Consequences for DeFi Security

Daniel Sharkey | February 27, 2023 | Leave a comment
How Lendhub Network Malicious Actors Laundered $3.85M Filipinos Alerted About Cryptocurrency scams How Lendhub Network Malicious Actors Laundered $3.85M The persons thought to be behind the world’s biggest scam in early January 2023, valued at several million dollars, reportedly...
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South Africa Joins the FATF Grey List

Daniel Sharkey | February 26, 2023 | Leave a comment
The financial action and task force, the worldwide economic criminalities security guards, has included South Africa on its grey list, a team of nations dedicated to determining the detected strategic deficiencies within defined timeframes. According to reports, adding the...
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IMF: Regulations on Production & Legalizing Cryptocurrencies

Daniel Sharkey | February 25, 2023 | Leave a comment
IMF’s Opposition to Legalizing Cryptocurrency as a Tender IMF’s Pricise Action Plan IMF’s Opposition to Legalizing Cryptocurrency as a Tender On Friday, February 24th, the International Monetary Fund (IMF) warned its member nations against designating cryptocurrencies, i.e., BTC, as...
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How Investors Can Navigate Increasing Regulatory Pressure

Daniel Sharkey | February 23, 2023 | Leave a comment
Last year has been a year of negative criticism and scandalous topics that has made the virtual asset industry attract attention from many federal agencies worldwide. Events include the collapse of major exchanges like FTX, the inside exchange scandals...
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Hong Kong New Licensing Regime To Allow Retail Crypto Trading

Daniel Sharkey | February 21, 2023 | Leave a comment
The Securities and Futures Commission (SFC) of Hong Kong has requested public input on its recently proposed licensing framework for cryptocurrency exchanges, which is scheduled to become operational in June 2023. The public has until March 31st to weigh...
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Will Crypto Ever Redeem Itself?

Daniel Sharkey | February 21, 2023 | Leave a comment
With professional and organizational investors focusing on and the growing numbers of enterprises getting ready to allow across-the-border payments, it would seem that virtual assets are accessible in the financial mainstream, although still in a state of unpredictability. Interestingly,...
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