Canada Issues New Draft Regulations For Cryptos
A new Know Your Customer (KYC) limit is also proposed to be set at transactions of $1000 CAD.
- Rosemary Tomichan
- Jun 14, 2018
- Nov 26, 2024
Cryptocurrency is a hidden, secure form of token that carries a monetary value. Bitcoins, Ethereum, Litecoins and various other similar terms that you hear, fall under the broad umbrella of Cryptocurrencies. Most of the cryptocurrency trades are recorded on a blockchain that forms a decentralized system. This is one of the reasons why it has become so popular in recent times.
Related Links: Cryptocurrency Beginner's Guide
A new Know Your Customer (KYC) limit is also proposed to be set at transactions of $1000 CAD.
The 2018 FIFA World Cup that will take place in Russia later this month is the perfect occasion for everyone to celebrate, meet with friends and just enjoy the quality time and thrills provided by this international event.
It would be as stable as traditional fiat currency while reducing the risk of financial crises and improving monetary policy tools.
In what appears to be a pre-IPO funding, Bitmain has raised $400 Million - thanks to a major funding from Sequoia Capital. Bitmain is now worth $12 Billion.
A Right to Information query has revealed that the Reserve Bank of India (RBI) issued the April crypto-circular without a proper research
Lithuania’s Ministry of Finance announced detailed guidelines around cryptocurrencies and ICOs - which deal with regulation, taxation, accounting and AML laws.
Reports indicate that TRON founder Justin Sun has acquired BitTorrent for an undisclosed amount of money - he has filed for a merger as well.
In their latest announcement, Coinbase has now confirmed that they will be listing Ethereum Classic (ETC) cryptocurrency in the coming months.
The Financial Conduct Authority of the UK sent out a letter to bank CEOs, explaining the potential risks of dealing with crypto-customers.
Reports from the London Block Exchange points out that the number of women interested in cryptocurrency investments has doubled over the past six months!
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