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The cryptocurrency market has experienced significant alterations throughout its history, often influenced by the regulatory environment and evolving market trends. Binance, a prominent cryptocurrency exchange, recently announced its withdrawal from...
In today’s world, financial transactions are becoming increasingly complex and risky. Due to the growing number of frauds and financial crimes, it has become imperative to undertake enhanced due diligence...
The world of cryptocurrency has been revolutionised since the creation of Bitcoin in 2009. Since then, numerous digital currencies have emerged in the market, known as Altcoins. Altcoins, also known...
Bitcoin is the first and most popular cryptocurrency, with a market capitalisation of over $1 trillion. Its popularity is due to its unique features and advantages that set it apart...
Blockchain technology has emerged as a game-changing innovation, disrupting the traditional way of conducting financial transactions. A blockchain is a distributed digital ledger that is used to record transactions and...
KYT or Know Your Transaction is a term used in the financial industry to describe the process of monitoring and analysing financial transactions to detect suspicious activities. KYT is an...
KYC, short for “Know Your Customer,” is a process used by financial institutions to verify the identity of their customers. This process has been around for many years and has...
KYB, or Know Your Business, is a term used to describe the process of verifying the identity and legitimacy of a business and its owners. This process is an important...
Enhanced due diligence (EDD) is a process undertaken by financial institutions to identify and manage potential risks associated with high-risk clients. EDD is an extension of the standard due diligence...
Bitcoin is a digital currency that operates independently of traditional financial systems. It was created in 2009 by an unknown individual or group using the name Satoshi Nakamoto. Transactions are...
In finance, there are numerous terms that investors and financial professionals use to navigate the complex world of investments. These terms have evolved over time as the financial markets have...
Banking regulations are a set of rules and guidelines that govern the activities of banks, financial institutions, and their customers. These regulations are designed to ensure the stability and safety...
International trade and finance have been integral parts of human history since the dawn of civilisation. From the ancient Silk Road to modern-day global supply chains, trade has brought prosperity...
Cryptocurrencies have been making waves in the financial world for over a decade now. The pioneer of this new age of digital assets is Bitcoin. However, there are several other...
Insurance is an essential component of financial planning and risk management. It provides a way to transfer the financial consequences of risks to an insurance company, which can absorb them...
In today’s digital age, data security and transparency have become increasingly crucial. From financial transactions to sensitive personal information, individuals and businesses need to ensure that their data is secure...
Regulations have been put in place to govern almost every aspect of our lives, from food and drug safety to banking, trade, and the environment. These rules and regulations have...
The Financial Action Task Force (FATF) defines money laundering as the process of disguising the proceeds of crime and integrating them into the legitimate financial system. Money laundering can be...
In today’s world, financial literacy is becoming increasingly important as financial markets grow more complex and individuals take greater responsibility for managing their finances. Financial literacy refers to the knowledge...
In recent years, the rise of e-commerce has transformed the way people shop and do business. With the increasing popularity of online shopping, online payment methods have become an essential...
Interest rates play a critical role in the economy, influencing everything from consumer spending to business investment. Understanding how interest rates work and their impact on the economy can help...
The rise of cryptocurrencies, particularly Bitcoin, in recent years has shaken the world of finance and investments. Bitcoin, the first decentralised digital currency, was created in 2009 and has since...
Over the past few decades, the banking industry has undergone numerous changes, thanks to technological advancements and shifts in consumer behaviour. With the constant evolution of the market, it’s crucial...
Banking has been a part of human civilisation for centuries. As an industry, it has witnessed various changes, some positive and some negative. The banking sector is responsible for the...
