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It’s been nearly eight months since the Financial Action Task Force issued its divisive crypto directives, establishing traditional banking regulations within the crypto sector. With the year-long adoption deadline fast approaching, how have the world’s regulatory authorities responded to the guidelines so far? The FATF — an intergovernmental organization tasked with combating money laundering —
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This week news.Bitcoin.com spoke with George Donnelly from the BCH Latam initiative about his plan to help the people of Latin America “achieve greater individual liberty and prosperity.” Donnelly explained the BCH Latam initiative aims to generate greater financial inclusion through mass adoption systems and the organization’s gamified adoption app will help with this goal.
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In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for alternative digital platforms and decentralized cryptocurrencies. Also read: Russians Can Use Qiwi, Sberbank, Yandex Money
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Coinbase has launched margin trading for users of its cryptocurrency trading platform, Coinbase Pro. Both individual and institutional investors in selected regions now have access to Coinbase margin trading. The company plans to expand access to more regions and provide more types of collateral assets. Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett Got
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On February 11, the Atlanta-based payment processor Bitpay announced the firm’s recent partnership with the company Poynt. Now retailers will be able to support cryptocurrency payments using point-of-sale devices and crypto users will be able to pay with digital currencies at more than 100,000 Poynt retailers worldwide. Also Read: Ethereum vs Tron: Comparing Data, Defi
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