UK’s financial regulator issues termination order for Bitcoin ATMs
    13 Mar 2022
    463 Views

    Britain’s Financial Conduct Authority (FCA) has warned operators of crypto ATMs in the UK to shut down their machines, claiming it illegal. The financial watchdog says that it hasn’t granted any of the crypto firms registered with it the permission to operate ATM services. Government regulators are concerned about money laundering using crypto ATMs. The…

    Web 3.0: Message to Those Lost In the Web Part 2
    13 Mar 2022
    560 Views

    The last time you dived headlong into the World Wide Web, you probably did so without as much as thinking about it. It has become natural for us: we are always online, our smartphones stay connected to the web, as do the computers we work on, our smart TVs, etc. And soon, the immersion may…

    Russian billions of dollars in crypto flows in the UAE dodging sanctions
    12 Mar 2022
    395 Views

    Crypto firms in the UAE are being flooded with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, Reuters reported. According to sources, some clients are investing with crypto in real estate in the UAE, while others want to use local companies to turn their virtual…

    Market cap of gold-backed cryptos surpasses $1 billion on stagflation risk
    12 Mar 2022
    338 Views

    Crypto tokens tied to gold, a traditional inflation hedge, continue to see solid growth amid a turbulent geopolitical backdrop as the specter of stagflation hangs over the global economy. Digital assets backed by gold have seen demand surge since the start of 2022 according to data from Arcane Research. The market cap of PAX Gold…

    Web 3.0: Message to Those Lost In the Web. Part 1
    12 Mar 2022
    426 Views

    The last time you dived headlong into the World Wide Web, you probably did so without as much as thinking about it. It has become natural for us: we are always online, our smartphones stay connected to the web, as do the computers we work on, our smart TVs, etc. And soon, the immersion may…

    Binance seeks to obtain a Dubai license as the Emirate adopted a law on virtual assets
    10 Mar 2022
    375 Views

    Binance Holdings is in talks to obtain a license to operate in Dubai, said Bloomberg, citing a person familiar with the matter. The move comes after Dubai adopts its first law governing virtual assets. As Bloomberg reported Wednesday, the world’s largest crypto exchange Binance is in talks with the Dubai World Trade Centre free zone…