Thai authorities want to complicate KYC verification for crypto exchanges? The Thai authorities have taken seriously the verification of user accounts of cryptocurrency exchanges. They said they intend to introduce stricter KYC rules with "in-person presence", thereby significantly limiting the creation of new accounts. Anti-Money Laundering Local…
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Vitalik Buterin, the 27-year old co-founder of Etherum, joins the top crypto billionaire gang as Ether prices continue to skyrocket, recording a new All-Time-High value. Buterin is officially the youngest cryptocurrency billionaire and the second-youngest self-made billionaire in history. ETH stands at $3,164.38 at press time, according…
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Crypto exchange FTX has hired a former forex sales executive from HSBC, the U.K.'s largest bank, as it prepares to serve traditional financial institutions. The post Crypto exchange FTX hires former HSBC exec as it prepares to serve traditional financial institutions appeared first on The Block.
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UAE Introduces Blockchain in the Notaries Work? Remote certification and notary services in the UAE will be provided with blockchain technology DLT technology will reduce resources and time spent on document verification, certification and licensing. By the end of 2021, 50% of such services are planned to…
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Technology company Input Output, creators of Cardano and Atala PRISM, have focussed on the African continent since 2017. CEO Charles Hoskinson spoke about IOHK's vision for Africa's crypto future.  The #CardanoAfrica​ event saw new partnerships being announced, Education deals that will benefit 5 million Ethiopian students by…
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PayPal has spoken with stablecoin protocol development firms as part of an exploration around potentially launching one of its own. The post PayPal has held exploratory talks about launching a stablecoin: sources appeared first on The Block.
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The cryptocurrency exchange announced the expansion of its operations and services for the U.S. market today, in a bid to sustain its growth over the past years.According to the crypto firm’s latest report, their exchange has seen a 570% increase in new customers from the U.S., based…
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Regulators in Thailand are looking to tighten up KYC norms in the nation for cryptocurrency exchanges as the nation is experiencing a surge in demand for the emerging asset class. Thai residents might soon be required to be present physically when identifying themselves for a crypto exchange.…
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Coinbase Giving is meant to work on increasing education and access to crypto and fostering the next generation of crypto talent. The post Crypto exchange Coinbase launches organization to support charitable causes appeared first on The Block.
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Dogecoin ($DOGE), the meme currency turned sixth largest crypto asset rose above $0.40 again after weeks of consolidation post reaching ATH of $0.4377. The recent price surge is believed to be fueled by the eToro support that added the meme currency for millions of its customers today.…
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