Tag Archives: Cryptocurrencies

Russia Government Institution Support Proposals to Allow Companies Use Cryptocurrencies

Russian government institutions are reported to support several proposals that will allow companies operating in the country to use cryptocurrencies. This comes after the government realized the potential of cryptocurrencies and blockchain technology. Regulation Laws Drafted by Ministry of Economic Development The Economy Ministry in Russia is reported to have prepared a law that is […]
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Adoption Of Cryptocurrencies In Africa To Improve If Banks And Governments Show Support

North America, Europe, Asia, South America, and Oceania are on the run to adopting Cryptocurrencies. However, conspicuously missing on the list is the second most populated continent on earth with 1.2 billion people, Africa. This is raising concerns in some quarters that the region may be left behind in reaping from yet another global technology […]
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5 Ways Cryptocurrencies Are Making the World a Better Place

Over the last three years, cryptocurrencies have made dramatic changes in the world. Governments and corporations that initially warned their clients about investing in cryptocurrencies now embrace them. Some have even created their digital currencies and blockchain networks to enhance their operations. It is no secret or difficult to see that cryptocurrencies are making the […]
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Irish Government Passes Anti-Money Laundering Bill That Affects Cryptocurrencies

Calls for cryptocurrency regulations are getting louder by the day. The Irish government has approved an anti-money laundering bill that will have serious ramifications on the cryptocurrency industry in the country. The law whose directive came into effect on July 9th, 2018 provides a framework that European financial regulators should use to regulate digital currencies. […]
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South Africa Set to Regulate Cryptocurrencies

Governments and organizations are more aware and concerned about the potential of cryptocurrencies and blockchain technology than ever. Reports indicate that South Africa is working on policies that will enable it to regulate cryptocurrencies. Unlike other countries that perceive cryptocurrencies as a threat to the current economy and value of their fiat currencies, South Africa […]
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Smaller Cryptos May Be The Best Futuristic Investment Options

There are over 2,800 Cryptocurrencies trading in the many Crypto exchange platforms that are available. In most cases, many traders limit their options to the leading Digital Assets such as LTC, BTC, BCH, XRP, ETH, Dash, ADA, Monero, USDT, etc. for risk-averse reasons such as lack of trust, security concerns, or even informational disparities on […]
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14% Chinese Citizens Have Invested in Cryptocurrencies

Cryptocurrencies have continued to gain traction across the globe and have managed to lives of millions of people. A recent report that was done by Panews has revealed that only 14% of Chinese citizens have ventured into cryptocurrencies. This means that only 1 in every 7 Chinese have invested their fiat currency in digital currencies […]
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shoppers

A Brazilian Supermarket To Allow Shoppers To Pay In Cryptocurrencies

Advancement of Cryptocurrencies has been slowed down by a lack of liquidity among other challenges such as volatility, security risks, government policies uncertainties, etc. On the case of liquidity, there are two perspectives to the matter. Liquidity to convert Digital Assets to fiat currencies, and liquidity to change Cryptocurrencies for other goods and services. In […]
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paper wallet

What Is A Paper Wallet?

Even among the people with a good understanding of Cryptocurrencies, coin storage is always a complicated concept. This is because, virtual currencies, unlike fiat currencies are not tangible. Consequently, they are not stored physically making their storage quite different and confusing to some people. Digital assets can be stored in paper wallets, software wallets, or […]
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Insurance Inadequacies Impedes Growth Of Cryptos, But Not For Long

According to an article by Reuters, Cryptocurrency traders and exchanges have been grappling with inadequate insurance coverage for years. The problem arises due to the absence of clear guidelines from ambiguous or silent laws. Direct implications for the lack of a comprehensive insurance cover is that most institutional investors and high net individuals are shying […]
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