South Africa’s Financial Sector Conduct Authority (FSCA) is preparing a regulatory framework for crypto to protect the more vulnerable members of its society.The regulator wants to establish rules on how crypto trading should be conducted, according to a Bloomberg report Friday.“What we want to be able to do is to intervene when we think that what is provided to potential … [Read more...] about South Africa’s Financial Regulator Is Planning Crypto Rules to Protect Vulnerable Population: Report
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How everyday Venezuelans are using stablecoins to protect their livelihoods
Last month, Cointelegraph interviewed Reserve CEO Nevin Freeman and the payment decentralized application’s community manager Yens Michiels about the company’s mission to provide access to stable currencies. More recently, Cointelegraph spoke to a couple of users based out of Venezuela and Colombia who shared their positive experiences with Reserve. Reserve is a tool to … [Read more...] about How everyday Venezuelans are using stablecoins to protect their livelihoods
Stablecoin payment app Reserve helps individuals protect their savings against inflation in Latin America
One under the radar cryptocurrency-powered payment app that's been gaining traction across Latin America is Reserve. The platform acts as a convenient way for people to convert their local currencies, which may be undergoing high inflation levels, to the United States Dollar via the Reserve stablecoin (RSV). The network also features the Reserve Rights token (RSR), which is … [Read more...] about Stablecoin payment app Reserve helps individuals protect their savings against inflation in Latin America
Stablecoin insurance firm Bridge Mutual to protect against possible Tether depegging
While the value of stablecoins like Tether (USDT) and USD Coin (USDC) is designed to be pegged to another asset, such as the U.S. dollar, the crypto industry has fretted for years about the possibility of a major depegging — especially amid U.S. regulatory concerns about Tether, which has a current market capitalization of over $63 billion.Now one company intends to provide … [Read more...] about Stablecoin insurance firm Bridge Mutual to protect against possible Tether depegging
Top 5 home cybersecurity systems to protect your data and digital assets
Internet-powered devices are a prevalent feature in our everyday lives. These devices are not limited to smartphones, tablets and smart TVs, but now include an ever-growing number of appliances and gadgets on smart home networks. Some homes even utilize smart locks for their security. Yet, while these smart devices may have become essential components of our lives, they also … [Read more...] about Top 5 home cybersecurity systems to protect your data and digital assets