Tag Archives: Cryptocurrencies

Incorporating Virtual Currencies In Islamic Finance

Cryptocurrencies represent a value that can be transacted or traded digitally. Although they have not attained a legal tender status anywhere, they operate as a medium of exchange and also as a store of value. The market capitalization of the virtual currencies has grown to about $400 billion. Over 1500 coins have been developed with […]

Venezuela To Become The First Country With A Central Bank For Crypto

It has been revealed that the Venezuelan National Assembly is planning to create a central bank of Cryptocurrencies. A member of parliament told Reuters that the house will reform the constitution to allow for the creation of the bank. When the central bank is set up, Venezuela will become the first country to have such […]

India Explores The Use Of Crypto Tokens

The latest Crypto reports from India say that the country is exploring how it could allow the use of certain crypto assets for financial transactions. According to DNA India, the government is not planning to change its current stance on Cryptocurrencies. Whereas a Cryptocurrency affects a country’s monetary policy, a Crypto token does not as […]

A Study By Ecobank Establishes Increased Use Of Cryptocurrencies In Africa

A recent study by Ecobank Transnational Inc. on the use of Cryptocurrencies in 36 African countries has found a significant presence of the digital assets in these countries. However, the report by the pan-African bank has found that most countries have are yet to regulate the sector and have instead adopted a wait-and-see policy. Additionally, […]

How Different Countries Are Regulating Cryptocurrencies

As more people are getting involved with Cryptocurrencies such as Bitcoin, Ethereum, and Litecoin among others, the regulators have turned their attention to the sector. The emergence of the new technologies has seen regulators from different countries come up with measures to control the sector. From China to the US and European countries, the governments […]

Bob Goodlatte, A Member Of The U.S. Congress Reveals His Crypto Holdings

Congressman Bob Goodlatte has disclosed his Crypto holdings. The chair of the House Committee on the Judiciary is likely the first congressman to reveal his investments in the virtual currencies. In June, the US Office of Government Ethics (OGE) released a legal advisory requiring employees in the executive branch to reveal their holding of Cryptocurrencies. […]

Indians Circumvent The RBI Cryptocurrency Ban

The Indian Crypto traders have come up with a new way of trading the virtual currencies, especially Bitcoin to bypass the Crypto banking ban introduced by the Reserve Bank of India (RBI). All the financial institutions under the RBI, the country’s central bank are not allowed to provide banking services to businesses dealing with Cryptocurrencies. […]

Northern Trust To Help Hedgefunds Invest In Cryptocurrency

Ranking at 486th on the Fortune 500 list, financial services giant Northern Trust is expanding its horizons into the blockchain and cryptocurrency sphere by not only adding blockchain features in the management of its private equity workflow but by also extending its fund administration services to accommodate hedge funds which want to invest in cryptocurrency. […]

Cred Introduces A Crypto Investing Mobile App

The number of people interested in Cryptocurrencies has always been increasing. However, most consumers always find it intimidating and discouraging when they decide to invest in the virtual currencies. Cred argues that a combination of factors such as mistrust, unclear product promotions, and a lack of understanding are the main factors discouraging most consumers from […]

More Crypto Firms Go To The Philippines For Licensing

The Philippines government has announced plans to issue Crypto licenses in its Cagayan Economic Zone Authority (CEZA). CEZA administrator has revealed that more offshore firms have shown an interest in the licensing surpassing the authority’s expectations. Confirmed reports claim that 17 companies have already paid the required amount while another 19 are on the waiting. […]
Page 1 of 3123 »