Things to know: – The Transfer of Funds Regulation (TFR) aims to prevent payment systems from being used to launder money or finance terrorism, a commendable goal we fully support. – First applied to traditional payment systems in 2015, the TFR is being expanded to also cover transfers of crypto assets. This is the EU implementation of[Read more…]
Category Archives: General Crypto News
03
Nov
Nov
Buterin explored the concept in detail, along with providing updates on any ongoing developments in the space. “Blockchainifying” the City Ethereum’s co-founder Vitalik Buterin elaborated on the idea of Crypto Cities and the many developments that are currently ongoing in hand with the concept. Could this concept of crypto city-state kill the idea of the nation-state? Buterin[Read more…]
03
Nov
Nov
ASIC shows openness by issuing a guideline for crypto ETPs and acknowledging regulatory limitations. Forward-Looking Approach The Australian Securities and Investment Commission (ASIC) issued a report following public consultation on crypto-assets as underlying assets for an Exchange Traded Product (ETP). The report included a fresh set of guidelines that focuses on five identifying features. The five identifying features that the report[Read more…]
07
Oct
Oct
The most utilized blockchain network is facing problems from a familiar foe in the form of gas fees. Gas Fees Spike Again The average price of transactions on the Ethereum Network have risen by nearly three times as ETH took a price jump. Transaction prices have moved from an initial $2.37 per transaction on Oct.[Read more…]
07
Oct
Oct
The amount of gold needed to buy one BTC, “digital gold,” is back on the rise again on the back of BTC’s enormous gains. Gold-BTC Ratio Balance Peaks As Bitcoin (BTC) went from trading under the $48,000 on Oct. 4 to currently trading above the $54,000 mark, the Bitcoin to Gold ratio back around 30,[Read more…]
