Cryptocurrencies have revolutionized the global financial landscape, providing users with a secure and decentralized means of transacting. However, their inherent anonymity has also made them a potential tool for illicit activities, including money laundering and terrorist financing. In response to…
Coca-Cola Asked US Department of State’s Help to Combat Forced Labor using Blockchain
Coca-Cola together with two other firms has strike a deal with the U.S. State Department to fight forced labor all over the world through the use of blockchain’s digital ledger technology. The digital ledger will help create a secure registry…
IMF Chief Lagarde & United States Treasury Says Global Cryptocurrency Regulations are Inevitable
Author – Sam Reads, UK The head of the International Monetary Fund, Christine Lagarde, recently warned that the international community and regulators should take early action on the cryptocurrencies. She further said that digital currency regulations are “inevitable.” IMF purpose…