Introduction Ever since cryptocurrencies became relevant, governments throughout the world have begun discussions on how to effectively regulate and tax the industry. A large part of the community does not agree with this, granted that the main purpose of digital currencies is to get rid of centralization and create a new financial society that isn’t controlled by a central authority.…

Because of high cryptocurrency usage and adoption rates, Asian countries like China, Japan, and South Korea, where few of the first to introduce regulations meant to control the growing industry. Digital currency enthusiasts in South Korea believe that the current regulations are bound to restrict the development of the crypto industry. Because of this, several…

So far, Pakistan’s stance towards digital currencies has been quite harsh, granted that the country’s national bank and government often warned businesses, individuals, fintech firms, and banks to abstain from processing crypto-based payments, and offering digital currency-related services. Pakistan adopts new crypto regulation, following FATF recommendations However, things are slowly changing. Since digital currencies can…

One of the main advantages associated with digital currencies was their semi-anonymous status, meaning that while transaction data is public, the blockchain does not store any personal information. Following the growing popularity of cryptocurrencies over the last couple of years, things have changed. Governments throughout the world have come up with regulatory frameworks meant to reduce anonymity on the digital…

In a recent article, we talked about how Facebook’s CEO, Mark Zuckerberg, is planning to implement a blockchain-based login service for the social media platform. It now seems like Facebook is getting involved in the crypto market, since reports indicate that the social media giant is working on a digital currency to be used for…

One of the risks associated with cryptocurrencies, is their potential in being used as a tool for money laundering. Only an insignificant percentage of the market uses crypto for this purpose, yet there are growing concerns. With time, this has led to the creation of numerous regulatory frameworks meant to discourage crypto use for illicit activities like this, including…

Just like numerous other technology companies, Samsung has done its fair share of researching the potential of blockchain technology and cryptocurrencies. So far, the South Korean giant has already implemented blockchain solutions at an enterprise level. The developments that we're about to talk about have been covered while they were in rumor-phase right here. Since…

Over the last year, several universities throughout the world shared their plans to store student diplomas and other certifications on the blockchain network. The argument behind this decision is based on the growing number of fraudulent diplomas for higher education circulating on the market. Blockchain-based storage of certifications drastically reduces fraud attempts, thus ensuring that employers, educational institutions…

Facebook is clearly one of the world’s most important companies, so their lack of comments concerning blockchain technology was quite odd. This changes now, as recent reports indicate that its CEO, Mark Zuckerberg, is considering the idea of implementing a blockchain-based login service for the social network. The blockchain service would allow users to log into Facebook and other…

This article is part of a series on governments with an anti-crypto stance. Like other regions in the world, South America welcomed the cryptocurrency revolution, granted the large percentage of unbanked individuals, and opportunities offered by digital assets. While most countries in the region are either neutral, or positive towards the emergence of the crypto market, some…