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7 Signs Crypto Is Breaking Through to the Mainstream [with infographic]


Cryptocurrency was born as an act of rebellion against banks, fees and rules. It became popular among speculators and idealists who dreamed of decentralized digital utopias. And now that it has proved itself capable of surviving thus far, it’s attracting […] The post 7 Signs Crypto...

How Blockchain Can Help Banks to Overcome Hurdles by Using DLT?


One of the most discussed topics today in the financial sector is blockchain banking. Besides, if it is fully utilized, it will empower banks to process the payments all the more rapidly and precisely by reducing the exchange processing costs and can be used in a lot of special cases. Blockchain...

190 Indian Bank Locations Raided in Massive Fraud Crackdown


India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year. Also read: State...

New Hire to Head Digital Currency Research at the US Fed


The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing...

Payments is the Main Battleground for Banks Amid Bitcoin Rise


A new report by the central bank of central banks once again showed that cryptocurrencies are moving in the right direction, as people are increasingly looking for faster and more convenient payments options. However, decentralized cryptocurrencies, which are still working to solve their...

Britain’s Tax Authority Updates Crypto Guidelines


Her Majesty’s Revenue and Customs (HMRC) has updated its guidelines on the taxation of transactions involving crypto assets. The United Kingdom’s tax authority clarifies its stance on cryptocurrencies and explains which taxes apply to specific activities carried out by business entities...

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