Category: Guides

[ad_1] South Africa’s financial regulator, The Financial Sector Conduct Authority (FSCA), classified crypto assets as a financial product and effectively subjected it to regulatory oversight upon the publication of the notice in the government gazette on Oct. 20. When Unathi Kamlana, the commissioner of the FSCA, signed the declaration into effect, it marked a watershed…

[ad_1] External member of the UK Financial Policy Committee Carolyn Wilkins has argued that the current decentralized finance governance structure is more centralized than it claims to be. Carolyn Wilkins in an Oct. 19 speech, said that crypto protocols need to re-examine their decision-making process which is largely “centralized” and adopt best practices to improve…

[ad_1] As per a report from Oct. 19, the Israel Ministry of Finance has partnered with VMware and Fireblocks to perform a proof of concept for issuing government bonds through blockchain to reduce costs and shorten the duration of issuance and clearing of government bonds. In addition, the project aims to expand transparency, streamline processes and…

[ad_1] Macau Macau’s Executive Council has submitted a draft of an umbrella regulatory framework that concerns the legal standardization of all currencies in the region, including digital currencies, to the Legislative Council for deliberation, according to a news release by the Executive Council on Oct. 14. If approved, the draft bill — titled “Legal regime…

[ad_1] Cardano founder Charles Hoskinson stated that American banks have helped to market crypto better than the industry players, according to an Oct. 17 tweet. People keep asking why isn’t the cryptocurrency space doing a better job at marketing, the answer is that every bank in America does a pretty good job of doing it…

[ad_1] According to CNBC, payment processing giant Mastercard is rolling out a program helping financial institutions offer crypto trading. Meeting pent-up demand The program will offer a turnkey solution for banks to meet the crypto trading demands of customers. Mastercard said the service would leverage the Paxos trading platform to execute trades while offering help…

[ad_1] Indian Police in Firozabad has developed a web portal for reporting crimes using the Polygon (MATIC) modular blockchain, according to an Oct. 10 announcement. जनपद में जनशिकायतों के त्वरित निस्तारण हेतु पायलट प्रोजेक्ट “पुलिस कम्पलेन्ट ऑन ब्लॉक चैन” को लॉन्च किये जाने के सम्बन्ध में वरिष्ठ पुलिस अधीक्षक फिरोजाबाद द्वारा दी गयी वीड़ियो बाइटः-…

[ad_1] Leading blockchain network Tron has inked an agreement with the government of Dominica to make Tron-native tokens authorized digital currency in the Caribbean Island. Tron founder Justin Sun shared the milestone on Oct. 12, stating that Tron tokens, including TRX, BTT, JST, NFT, USDD, USDT, and TUSD, are accepted as a medium of exchange…

[ad_1] The Reserve Bank of India (RBI) is finalizing plans to kickstart the pilot phase leading to the issuance of its central bank digital currency-“digital rupee”. The RBI released a concept paper on Oct. 7, which outlined its motivation, design choices, and technological considerations for the pilot phase of the CBDC project. The RBI said…

[ad_1] Bitcoin maximalist Michael Saylor used the Lightning network to send 3 million sats (0.03 BTC) to three winners of his Lightning meme contest. Crypto researcher Eric Wall shared a Twitter pool asking if Michael Saylor has completed more than three Lightning transactions. Being a vocal Lightning network advocate, Saylor replied to the pool with…