The European Union and the European Central Bank wanted to create a legal structure that would limit transparency issues in cryptocurrency transactions such as money laundering, terrorist financing, and tax evasion. The...
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Ripple’s Partner MoneyGram Teams Up With eWallet owner DFS to expand Service in UAE
Ripple-backed peer-to-peer (P2P) payments company MoneyGram has decided to roll out its services in UAE as the payment giant has partnered with Digital Financial Services (DFS) LLC in order to expand its services in UAE...
Bitcoin price volatility declined in June falling to it’s lowest in four months
As the COVID-19 pandemic is relaxing in some major nationalities, it seems like the cryptocurrency department is still managing to hold its position in the economy. Regardless of how cryptocurrencies are going stable in...
ETH1.0 to ETH2.0 Mergers Are Already Happening as Final Testnet Draws Closer
Ethereum is on the verge of launching its ETH2.0 testnet in the first week of August and ETH developers are showing great progress for this. The co-founder of Ethereum Vitalik Buterin has shared an update on Ethereum...
Binance Announces BNB Staking on Binance Chain Testnet
The world’s leading cryptocurrency exchange by trading volume Binance has announced the staking of its native cryptocurrency Binance Coin (BNB) which will be available on the Binance Chain testnet as per the official...
Philippines Central Bank Reveals Plans for Issuing its Own Digital Currency
The Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank is planning on introducing its own digital currency according to the news reported by Bloomberg on Wednesday. A committee is created for studying...