INTRODUCTION Cryptocurrencies have revolutionized the financial landscape, providing users with unprecedented control over their assets. However, this power comes with the responsibility of securing private keys, the gateway to one’s digital wealth. As the crypto space evolves, so do the threats, making it crucial for users to employ advanced security measures. In this article, we …
Regulation (EU) 2023/1113 of the European Parliament and of the Council of 31 May 2023 on information accompanying transfers of funds and certain crypto-assets and amending Directive (EU) 2015/849, so called Transfer of Funds Regulation (TFR) and also known as one of the two new pillars of the EU crypto-assets regulatory framework (the other one …
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Cryptocurrencies have revolutionized the world of finance by providing individuals with unprecedented control over their money. However, with great power comes great responsibility. The decentralized and digital nature of cryptocurrencies means that you must take extra precautions to ensure the security of your digital assets. In this article, we will explore the fundamentals of cryptocurrency …
Read more “The Basics of Cryptocurrency Security: Protecting Your Digital Wealth”
Central Bank Digital Currencies (CBDCs) are still a novelty. There are many theories about the potential uses of central bank digital currencies (CBDCs). Central banks around the world are also actively pursuing advances in technology. The creation of a digital currency is currently being considered by all the world’s major central banks, including the European Central …
In the ever-evolving landscape of digital currencies, Bitcoin continues to reign supreme as the pioneer and most recognized cryptocurrency. Behind the scenes of this decentralized marvel lies a process that not only sustains the network but also offers a unique opportunity for individuals to participate and earn rewards. This process is known as Bitcoin mining, …
How to request an exchange of your assets If you have successfully passed the onboarding process, we warmly welcome you and thank you for your trust. You can now safely apply for an exchange of your assets. In this article we want to show you the ways you can request an exchange of your funds, …
It’s important to reiterate that the legal landscape for virtual asset service providers (“VASPs”) is highly dynamic, and regulatory changes are occurring rapidly. VASPs, including crypto ATMs providers, are generally subject to existing financial regulations and anti-money laundering (“AML”) directives at both the EU and national levels. The first EU regulation that addressed VASPs related …