PayPal Holdings launches crypto buying and selling in the UK

PayPal Holdings will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies starting this week, the company said on Monday. The roll-out, which marks the first international expansion of PayPal’s cryptocurrencies services outside of the United States, could inspire further mainstream adoption of the new asset class. With over 403…

Binance tightens anti-money laundering checks after regulatory pr

By Krisztian Sandor and Tom Wilson FRANKFURT (Reuters) -Major cryptocurrency exchange Binance said on Friday it would demand stricter background checks on customers to bolster efforts against money laundering, with immediate effect. Binance, the world’s biggest platform, has been under pressure in recent months from regulators across the world, who are concerned over the potential…

Vietnam, India top measure of cryptocurrency adoption by individu

Global cryptocurrency adoption among individual investors has surged in the past year, according to crypto-analysis firm Chainalysis. Using factors like peer-to-peer exchange trading volume and value received, Chainalysis said global crypto adoption rose some 881% in the past 12 months. The firm sees institutional markets as crucial but aimed to highlight the countries with the…

Cardano’s ADA token is now world’s third-largest cryp

A little-known digital token linked to the Cardano blockchain has just become the third-largest virtual currency in the world as network developers look to ride the boom in decentralized finance. With the so-called ADA cryptocurrency jumping around 50% over the past week alone, optimism is rising that new technological enhancements will allow smart contracts on…

Teenagers cash in on the NFT art manic boom

Last fall, Randi Hipper decided to, as she put it recently, “go in-depth with the crypto space.” After hearing about NFTs on Twitter and other social media platforms, Hipper, then a 17-year-old senior at Xaverian High School in Brooklyn, began releasing her own digital artworks — cartoonish and self-referential pieces showing her cruising in a…

5 Best-Kept Secrets of the Finance Industry Closely monitor indus

Finance is undeniably one of the essential departments of any company, whether small or large. However, several people have the assumption that finance professionals are only responsible for money management. While handling cash flows is the primary responsibility of the finance sector, it is not its only function. Finance individuals are also in charge of…