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0 CommentsTargeting anti-money laundering, the European Union is building a new regulator — “Anti-Money Laundering Authority” (AMLA) — that will direct oversee crypto businesses. Many negotiations remain before the AMLA launch, but all signs are that it’s underway. The EU is set to create a brand new regulator focused on direct crypto oversight. Although the crypto…
Worldwide 2022 New Payments Index consumer polling by Mastercard revealed that crypto payments are rising in popularity worldwide, as 93% of those surveyed have heard of cryptocurrency, and 41% have done at least one crypto-related activity in the past year. However, consumers are still looking for more stability within the industry. Mastercard’s 2022 Global New…
Play-to-earn game Axie Infinity has completely removed the token rewards from its classic game mode to attract its users to a new game mode called Axie Infinity Origin. The team also described the move as part of its efforts to balance the economy for the SLP token. Meantime, the in-game NFT sales so far have…
Breaking crypto news from the last week (Aug. 6 – 12, 2022): Aug. 6: Messari’s latest report indicates that the market pullback in the first half of 2022 did not shake investors’ confidence in the growing crypto industry. As per the report, the overall amount of money raised in the first six months already exceeds…
Strike, the leading blockchain-based startup, entered into a collaboration with financial giant Visa Inc. to offer crypto rewards through its new crypto card. The startup also said that access to the card could be granted by joining a waitlist. Digital currency-based payment protocol Strike, built on the Lightning Network, has announced the launch of a…
Machankura, the South African SMS-based service named after the local slang word “money,” is bridging the gap between Bitcoin and people without internet access. Kgothatso Ngako, the developer of the service, believes that due to this new technology, people in Africa will be able to receive and spend Bitcoin without the need for an internet…
