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What are crypto exchanges? A guide to crypto trading platforms

Advertisements Cryptocurrencies are now a big thing in today’s financial scene. As digital assets gain more traction, we’ve seen a ton of cryptocurrency exchanges pop up where you can buy, sell, and trade different cryptocurrencies. But with so many choices out there, it’s crucial to know the types of exchanges and how to pick the one that fits your needs …

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ED arrests 2 Chinese persons in online app loan ‘fraud’ case

Advertisements The Enforcement Directorate on Tuesday said it has arrested two Chinese nationals who ran illegal digital loan apps to “cheat” gullible people during the COVID-19 pandemic and they used the WazirX crypto currency platform to route funds. Xiao Ya Mao and Wu Yuanlun were taken into custody on November 13 under the provisions of the Prevention of Money Laundering …

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UK Government to Draft a Regulatory Framework for Crypto, Stablecoins, Staking in Early 2025

Advertisements The new Labour government, elected in July, intends to implement its predecessor’s crypto proposals on the creation of regulated activities, including operating a crypto trading platform and a market abuse regime, in full, Siddiq said. Under current plans, stablecoins will no longer fall under the U.K.’s payments regime. There will also be a carve out for staking to prevent …

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