UK financial services bill amendment regulates crypto activities
The Financial Conduct Authority will now have the authority to regulate operations involving crypto assets if the updated bill is approved. The bill already addressed stablecoin regulation from the outset. A change to the Financial Services and Markets Bill, which is now being debated in the UK Parliament , would allow for the regulation of […]
Top Privacy cryptocurrencies to invest in
Privacy cryptocurrencies are designed to enable money transfers between buyers and sellers without disclosing the parties’ names. Privacy cryptocurrencies combine the core features of existing cryptocurrencies such as Bitcoin with additional levels of protection to anonymize transactions and/or the identity of wallet holders. Many individuals believe that cryptocurrency is designed to be anonymous which is […]
Telegram to launch username auction platform on TON blockchain
The messaging service Telegram will soon introduce a platform for username auctions which may also include other Telegram ecosystem components like channels, stickers, or emojis. Telegram announced on Thursday that the messaging app would soon introduce a username auction mechanism on The Open Network (TON) blockchain. Pavel Durov, the creator of Telegram , first announced […]
Hash price and energy costs make Q3 tough for Bitcoin miners
Bitcoin mining businesses in North America and Europe have not had a very good third quarter of 2022 due to rising energy costs. Energy concerns in North America and Europe and market conditions have led to another grim quarter for Bitcoin miners. Hashrate Index’s Q3 mining report cites various explanations behind the decreased hash price […]
Hong Kong may allow crypto retail investing
As the crypto market grows and investors‘ interest in it grows, more governments are either joining the bandwagon already or beginning to think about allowing their citizens to invest in cryptocurrencies. As they adopt a different approach from the government of mainland China, Hong Kong’s regulators are considering allowing individual investors to actively participate in […]