Criminals can use apps to send digital currencies across the blockchains and bypass the centralised banking services.
The fact is that blockchains are becoming more energy-efficient and increasingly rely on renewable energy, says Rana Kortam, global director for public policy at Binance.
Digital currency fraud jumped 25% during the last quarter, as sophisticated fraudsters exploited the booming market, says Sumsub.
Since inception, Luno racked up 388 million transactions on the exchange, with trades equivalent to seven million Bitcoin.
The reality is that crypto is primarily used by ordinary people and is a legitimate tool for a variety of everyday transactions, says Binance.
FICA requires accountable institutions to identify and verify their clients, as well as identify the beneficial ownership of the client if it is a legal person.
The intermediate track includes six courses on blockchain, crypto-currencies, DApps, DeFi, NFTs and crypto trading.
The start-up launches a blockchain wallet that allows consumers to spend their crypto at over 10 000 retailers across the country.
Despite navigating job cuts and market instability, the home-grown crypto exchange reaches 12 million customers, amid a lift in crypto confidence.
The company honours its sixth anniversary with a global campaign and regional celebrations in the spirit of 'Building Together'.
The company plans to use this investment to further game and tech development, including integration of AI, and the launch of its tokens.