How blockchain-based voting can restore trust in the electoral process
Brian Rose also aims to implement a new London cryptocurrency to promote financial education in the Greater London area.
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UK FCA shuts down 26 crypto ATMs following coordinated investigation
The FCA and other law enforcement agencies investigated 36 crypto ATM locations using powers under money laundering regulations. 461 Total views 1 Total shares The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), “disrupted” 26 of the 34 cryptocurrency ATMs it visited and inspected since the start of 2023.On Feb. 14, the FCA gave…

PayPal scores UK crypto license after brief local Bitcoin buy halt
Licensed by the FCA on Oct. 31, 2023, PayPal has requirements or restrictions placed on the financial services activities that it can operate. 464 Total views 3 Total shares Global payment giant PayPal has received approval from the Financial Conduct Authority (FCA) to offer crypto services in the United Kingdom.According to official FCA data, PayPal

The Reasons Why Blockchain Is Not Quite Ready for Facebook’s Dreams
Many people have heard of blockchain technology, but few know what to make of it. Some people will tell you that it’s the next big thing, poised to disrupt almost every industry under the sun and reshape the world, affecting everything from real estate to education to the very structure of modern democracy. Others will…

British Crypto Exchange CEX.IO Now Requires Identity Info From Users
United Kingdom-based cryptocurrency exchange CEX.IO now requires its users to disclose their identities, financial trading news outlet Finance Magnates reported Dec. 11.Established in 2013, CEX is a London-based cryptocurrency trading platform, initially started as a cloud mining provider. Currently, the exchange supports eight major digital currencies and four major fiat currencies, while its adjusted daily…

Avalanche Rush to give out more than 180M in DeFi incentives
The multi-stage program will start with $27M tokens allocated for the Aave and Curve protocols, with additional incentives reserved for Avalanche native projects. 1338 Total views 63 Total shares Smart contract platform Avalanche has announced a $180 million liquidity mining incentive program, named Avalanche Rush. The program aims to encourage more applications and tokens to…

Discovering product-market fit and dynamic use cases for crypto
Product-market fit (PMF) refers to discovering how a product satisfies demand in the market. This can range from diverse to very niche use cases. Discovering how early adopters can utilize an emerging product is essential to discovering growth opportunities. Sometimes fit is not found, but that’s okay as you can then gauge other opportunities to…

Intermex is Not Using Ripple for its Mexican Remittances
In its March earnings call, U.S.-Latin American remittance provider, Intermex, revealed that it will not be using Ripple (XRP)’s technology in its major markets. Intermex chief executive Robert Lisv explained:“So, you won’t really see us leveraging Ripple in our core markets. I think it will bring us more growth in newer markets in places where…

85% of crypto rug pulls in Q3 didn’t report audits: Hacken
A cryptocurrency rug pull is one of the simplest scams to prevent, according to blockchain security auditor Hacken. 143 Total views 2 Total shares Cryptocurrency rug pulls are not too difficult to spot by investors, as the majority of such scams usually share distinct and visible features, according to a new report.Blockchain security auditor Hacken