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India cracks down on ‘privacy cryptos’, flags money laundering risksIndia is taking a strong stance against privacy cryptocurrencies. The Financial Intelligence Unit has directed crypto exchanges to stop dea...- Explained: Why crypto users in India must now submit live selfies and location detailsIndia’s Financial Intelligence Unit has tightened KYC and AML norms for crypto platforms, mandating live selfie verification, geo-location ...
- India tightens crypto noose: Live selfies, geo-tagging now mandatory for usersIndia has tightened rules for cryptocurrency exchanges, introducing tougher AML and KYC checks. Users must complete live selfie verificatio...
- Govt makes cybersecurity audits mandatory for crypto exchangesThe government has mandated cyber security audits for all cryptocurrency exchanges. This is due to the rise in cyber heists. These audits a...
- How Trump's crypto business partners left their old clients in the lurchJonathan Lopez lost $1 million in Dough Finance due to a hack. Dough's founders, Chase Herro and Zak Folkman, then launched World Liberty F...
- Shiba Inu’s Burn Rate soars 8,470%: Why it keeps burning billions—And what it means for investorsShiba Inu’s (SHIB) burn rate has surged by a staggering 8,470% after an anonymous wallet transferred 1 billion SHIB tokens to a burn addres...
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- Seven cryptos to explore this DecemberSeven cryptocurrencies show potential for growth, including Rexas Finance, Toncoin, XRP, TRON, Dogecoin, Cardano, and Polygon. Each blockch...
- How to Trade in Cryptocurrency?Cryptocurrency is gaining global traction with its market value in trillions. The article discusses key steps for trading, including choosi...
- Top new cryptocurrencies to buy in 2024Bitcoin price above $51k, eyes on halving. SMOG is a Solana-based meme coin with a market cap of $34 million. Meme Kombat is an Ethereum-ba...
- Types of Cryptocurrencies: From Bitcoin to Altcoins and beyondCryptocurrencies have revolutionized the financial landscape, offering innovative solutions to traditional monetary systems. As digital ass...
- From QR codes to tokens, firms parse ideas for age-gatingMany companies are also favouring a token-based mechanism - which is akin to tokenisation of credit cards - for obtaining verifiable parent...
- What is card tokenization, and how does it make online card payment safer and easier?Card tokenization is a process that replaces sensitive credit card information with a unique identifier or token. This token is used for al...
- Crypto a 'flawed system': BISThe Bank for International Settlements (BIS) has voiced its support for centralised alternatives to cryptocurrencies, calling them a "flawe...
- Crypto is a 'flawed system': Bank for International SettlementsThe BIS, regarded as the central bank of central banks, backed "tokenisation" or the conversion of money and other assets into digital toke...
- FIU suggests rules to track on virtual digital asset dealsService providers to spot beneficial owners of wallets, monitor PEPs, receipts of Rs 10 L or more by NGOs
- Metaverse: Making the case for consumer protection and what needs to be doneSeveral government institutions in countries like the UAE, South Korea, the US and Japan have announced policies, initiatives and strategie...
- Is RBI's much-touted retail digital rupee really a 'game changer'?Some think that retail CBDC is revolutionary because, unlike currency, it will remain on RBI's balance sheet. This comes from the mistaken ...
- 3-step formula can develop cryptocurrency ecosystem in India: Ex-RBI Deputy GovernorThe three steps, according to him, are assetisation, organisation and monetisation. These would enhance the revolutionary technology of blo...
- Hungry and homesick, Odia migrant labourers in Surat want to get back homeDalai is among estimated eight lakh Odia migrants working in Surat’s textile mills, many of who increasingly insistent on wanting to return...
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