South Korea labels mass-produced NFTs as virtual assets
NFTs considered as virtual assets are eligible to receive interest when deposited to exchanges according to the FSCs guidelines published in 2023.
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NFTs considered as virtual assets are eligible to receive interest when deposited to exchanges according to the FSCs guidelines published in 2023.
The crypto world witnessed a major upswing this week, with stablecoin activity climbing to remarkable heights. According to data from blockchain analytics firm IntoTheBlock, daily active addresses for stablecoins surpassed 300,000, a figure not seen since early 2024. Similarly, on-chain stablecoin transaction volume reached a staggering $72 billion on Thursday, marking the highest level since […]
The United States Securities and Exchange Commission (SEC) has recently announced that certain stablecoins are not considered securities. This decision provides much-needed clarification for the cryptocurrency industry, as stablecoins have become increasingly popular in recent years. Stablecoins are a type of cryptocurrency that are pegged to a stable asset, such as the US dollar or [...]
The post SEC Releases New Guidelines on Stablecoins, Including Exclusion of Algorithmic Tokens appeared first on Crypto Breaking News.
Crypto brokers have faced increased scrutiny from the IRS in recent years due to the growing popularity of digital currencies. It is crucial for individuals involved in cryptocurrency trading to understand the rules and regulations set forth by the IRS to avoid potential legal issues. One of the most important rules that crypto brokers must [...]
The post Demystifying IRS Guidelines for Crypto Brokers: Key Facts for 2025 appeared first on Crypto Breaking News.
The Hong Kong Securities Futures Commission (SFC) plans to release guidelines for cryptocurrency exchange licensing next month, in support of trading services to retail investors by June 1. AML/KYC regulatory requirements were key considerations in the consultation process. Some trading platforms have already received licenses, while others have chosen to cease operations. (Read More)
Hong Kong’s Securities and Futures Commission (SFC) is set to release guidelines for cryptocurrency exchange licensing in May. The SFC’s CEO, Julia Leung, revealed the [...]
The Hong Kong Securities Futures Commission (SFC) is said to be planning to unveil cryptocurrency exchange licensing guidelines next month. The plans were first reported by Bloomberg earlier today citing comments from the SFC’s CEO, Julia Leung. The guidelines will guide cryptocurrency exchanges looking to offer trading services to retail investors. The guidelines are expected …
<p>The post Hong Kong to unveil crypto exchanges licensing guidelines in May first appeared on CCNC | Cryptocurrency Newscast.</p>
South Dakota Governor Kristi Noem has vetoed a bill that bans the use of cryptocurrencies, including bitcoin, as money. The bill, masquerading as a Universal Commercial Code (UCC) guidelines update, also paves the way for central bank digital currencies (CBDCs). Emphasizing that this bill is clearly “a threat to our freedom,” the governor urged 20 [...]
The post SD Governor Urges 20 States to Block Legislation That Bans Crypto’s Use as Money — Says ‘Its a Threat to Our Freedom’ appeared first on Crypto Breaking News.
While the bulletin was intended to provide clarity regarding the accounting treatment for digital assets, it has been criticized by both lawmakers and regulators.
Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matter, noting that the digital coins may be subject to other regulations. FSMA: Securities Laws Do Not Apply to Bitcoin and Other Decentralized Cryptocurrencies
The post Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies appeared first on BTC Ethereum Crypto Currency Blog.
One of the main challenges is related to cancer research and access to patient data, which is critical in cancer research and therapy. However, the more phases of drug discovery that involve the use of real-world patient data (RWD), the more accuracy and speed can be brought to the process.
The OncoCoin solutionOncoCoin offers a new way to address these challenges by leveraging blockchain technology to power an ecosystem of data sharing and patient empowerment.
The ecosystem serves as an enabler by providing an infrastructure through which patients can submit existing data from the comfort of their homes and researchers can search for information that aids drug discovery.
OncoCoin token incentives will support a platform that enables patients to take control of their cancer journey and accelerate the development of new therapies. This will contribute to the development of a global patient community, as well as generating a more diverse data set for researchers and reducing impediments to international data sharing and information requests.
The CURIA App: Empowering Patients with unbiased InformationA crucial part of the OncoCoin ecosystem is the Curia app. Curia was born as an idea with the mission to support cancer patients seeking help in finding the right information about their options throughout their treatment journey. To that end, the Curia app was created to bring current, accurate and relevant information to cancer patients.
OncoCoin aims to democratize drug discovery.
Through its open source blockchain ecosystem, coupled with anonymization at source, OncoCoin will ensure its patients peace of mind that data is collected in a highly secure and transparent manner.
Patient engagement: through the Curia app, patients access the resources and information they need to make crucial decisions about the steps in their journey through cancer therapy.
Access to valuable data: using blockchain and encryption, patients can license their existing information to research projects and accelerate drug discovery for researchers
Faster results for patients: by facilitating patient engagement at all stages of the drug discovery process, insights are kept on track, meaning less time wasted on incorrect insights.
Support cancer care worldwide: Curia is available worldwide, and with a ramification to developing countries, it will help improve cancer care worldwide.
In conclusion, OncoCoin is building a new world of possibilities for patients to engage in their cancer journey, and drive cancer research. Blockchain and tokenization are enabling all stakeholders to engage in a democratized push for a cure for cancer.
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The post OncoCoin: Using Blockchain for Cancer Research appeared first on CryptoTicker.
One of the main challenges is related to cancer research and access to patient data, which is critical in cancer research and therapy. However, the more phases of drug discovery that involve the use of real-world patient data (RWD), the more accuracy and speed can be brought to the process. Meet OncoCoin crypto.
The OncoCoin solutionOncoCoin offers a new way to address these challenges by leveraging blockchain technology to power an ecosystem of data sharing and patient empowerment.
The ecosystem serves as an enabler by providing an infrastructure through which patients can submit existing data from the comfort of their homes and researchers can search for information that aids drug discovery.
OncoCoin token incentives will support a platform that enables patients to take control of their cancer journey and accelerate the development of new therapies. This will contribute to the development of a global patient community, as well as generating a more diverse data set for researchers and reducing impediments to international data sharing and information requests.
The CURIA App: Empowering Patients with unbiased InformationA crucial part of the OncoCoin ecosystem is the Curia app. Curia was born as an idea with the mission to support cancer patients seeking help in finding the right information about their options throughout their treatment journey. To that end, the Curia app was created to bring current, accurate, and relevant information to cancer patients.
OncoCoin aims to democratize drug discovery.
Through its open-source blockchain ecosystem, coupled with anonymization at source, OncoCoin will ensure its patient's peace of mind that data is collected in a highly secure and transparent manner.
Patient engagement: through the Curia app, patients access the resources and information they need to make crucial decisions about the steps in their journey through cancer therapy.
Access to valuable data: using blockchain and encryption, patients can license their existing information to research projects and accelerate drug discovery for researchers
Faster results for patients: by facilitating patient engagement at all stages of the drug discovery process, insights are kept on track, meaning less time is wasted on incorrect insights.
Support cancer care worldwide: Curia is available worldwide, and with a ramification to developing countries, it will help improve cancer care worldwide.
ConclusionOncoCoin is building a new world of possibilities for patients to engage in their cancer journey, and drive cancer research. Blockchain and tokenization are enabling all stakeholders to engage in a democratized push for a cure for cancer.
© Cryptoticker
The post OncoCoin Crypto: Using Blockchain for Cancer Research appeared first on CryptoTicker.
The concept of creating a digital reality in which users can build and populate the space as they wish without any restrictions is no longer just a dream. Here's a quick overview of what REAL NFT is.
What is REALM NFT?Realm is a metaverse in which users can create their own microverse. It is a cross-chain-based NFT platform where artists, designers, and developers can easily build their own digital worlds, curate NFT exhibitions, trade NFT, create events, etc.
Within the app, there are AR portals that "transport" the user to an infinite number of realms, from art galleries in space to underwater pet auctions. They can be used to play games, organize events, socialize with other users, conduct e-commerce, or display their non-fungible tokens (NFTs), for example.
Features and functionsThe protocol itself is built on the Godot open source game engine and is censorship-proof. It features multiplayer gameplay, a 3D audio engine, and e-commerce functions.
An interesting feature is a fact that when users decide to plant trees in Realm, this also means that trees will be planted in the real world. When virtual trees are planted, the platform sends $0.1 to the organization Eden Reforestation, which plants mangroves outdoors, in real life. This highlights the focus on sustainability, which should help increase mainstream adoption, as well as blur the metaverse with reality - to a reasonable extent, of course.
The project's import line allows digital artists to create their realms by simply importing their work from various programs such as Blender and C4D.
REALM Token - Its Generation and EconomicsIt is also important to take a look at the economic structure of the project. The first thing is that there is a 5% platform fee on all transactions.
0.3% of the platform fee goes directly to those who wager on REALM, the underlying token of the whole thing. Players can also earn REALM as well as rare NFTs for playing and creating on Realm regularly.
To participate, users would have to register on the Launchpool platform, connect a web wallet 3 such as MetaMask, go through a KYC process, and wager LPOOL tokens. Once this is done, they would have to wait until the end of the SMA.
As soon as it ends, users have 24 hours to submit a specified payment token to purchase REALM tokens - it's important to note that if the payment window is missed, they won't be able to purchase the mined allocation.
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The post REALM: Create Your Own Reality – Quick and Easy Guide (2021) appeared first on CryptoTicker.
Forint Finance has set out to build a secure and comprehensive gateway to cryptocurrencies. By creating an ecosystem through which anyone can enter the world of cryptocurrencies, regardless of status, financial means or technical knowledge, Forint aims to lower the barriers to cryptocurrency adoption and make it accessible to the average person around the world.
The team's desire to make cryptocurrency more accessible to the world is fueled by their belief that cryptocurrencies and blockchain technology are the future. Since the team is firmly confident that the industry will create a fairer financial system, they want to create an ecosystem that anyone can enter without having to worry about the security of their funds and thus enter the world of cryptocurrencies easily and securely.
Forint Finance aims to achieve this mission by taking care of the entire process of entering the world of cryptocurrencies, from the beginning (portfolio creation) to the end (tax obligations).
Features of Forint FinanceForint Platform
The Forint Finance portal is the hub of the Forint ecosystem. Users will be able to use the platform to buy FORINT tokens and other cryptocurrencies. In addition, they will also be able to launch ICOs for their projects, create and trade NFTs, and physical assets, among others, using the platform.
Forint's decentralized exchange interface - Dexy
Forint Finance has created a decentralized interface called Dexy to make buying and selling cryptocurrencies more accessible to the general public. Dexy will help simplify the intricate process of buying and selling cryptocurrencies.
Forint ATMs
Forint ATMs represent a network of ATMs that will allow users to access all Dex functions. This will allow anyone to quickly and easily purchase FORINT tokens with physical fiat currency.
Marketplace for NFTs, goods and services
The Forint ecosystem will provide users with a marketplace for NFTs, goods and services and offer a low-cost solution for creating and selling NFTs. Using the Forint marketplace, users will be able to buy/sell NFTs, goods and services at highly competitive prices.
Forint Tax Platform
The Forint tax platform will help bridge the gap between traditional local tax environments and the world of cryptocurrencies.
In conclusion, by offering all the different features mentioned above, Forint aims to create an ecosystem that can act as a single platform for all cryptocurrency needs. Thus, by making everything related to cryptocurrencies available under one roof, Forint Finance aims to make cryptocurrencies accessible to everyone.
© Cryptoticker
The post Forint Finance: How to Make Cryptocurrency More Accessible appeared first on CryptoTicker.
Just as in nature, Fibonacci ratios seem to play a role in the stock market. Traders try to use them to find out the critical points where an asset's price may have momentum, especially with the current fluctuation in crypto markets.
Fibonacci retracements are one of the most common analyses because it is relatively simple. For example, they can be used to draw support lines or set target prices. They can even act as a mechanism in a trading strategy.
Graphically, Fibonacci retracements are horizontal lines that show where support and resistance levels can be found. Each ratio relates to each level and indicates how far a previous move has retraced the price. Many trading platforms have a tool that automatically plots these horizontal lines.
Fibonacci retracement is obtained by creating two points on a chart and dividing the vertical length by the main Fibonacci ratios: 23.6%, 38.2%, 50%, 61.8%, and 100%.
5 Main Characteristics of Fibonacci Retracement1. Traders can use this indicator in several ways. Those who make profits using the Fibonacci Retracement claim that it is effective, while those who do not make profits claim that it is unreliable. If everyone used the same Fibonacci ratios, the price action would reflect this event.
2. The principle behind the Fibonacci indicator is a numerical quirk that is not based on anything logical. Fibonacci ratios, numbers, and sequences are the results of a mathematical process, which does not mean that they are unreliable, but it may be difficult for some traders to understand the basis of this indicator.
3. The Fibonacci indicator only signals possible reversals, corrections, or counter-trend rebounds.
4. Many traders have success using this indicator when setting trades within long-term price trends.
5. Fibonacci retracements will have more power if used in conjunction with other indicators and technical analyses.
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The post What are Fibonacci retracements and Fibonacci ratios? appeared first on CryptoTicker.
As blockchain technology facilitates ownership and authentication, more and more items are being digitized. Here we can talk about non-fungible tokens or NFT. This uses standards to establish the uniqueness of a token. It is possible to trace the timestamp at which an NFT was created as well as its creator thanks to the transparency of its blockchain. Therefore, NFT preserves the uniqueness and ownership of digital assets, which is why many collectors and artists are increasingly using NFTs.
Creating the NFT version of a digital content has its advantages, as it gives you more control over the intellectual property and offers you access to a worldwide network of art collectors. It is a much-needed gateway to a marketplace to own, sell and buy unique digital assets.
5 Steps to Minting an NFTIt's not complicated to create an NFT on Ethereum, you just need an Ethereum wallet that supports NFTs and an account on an Ethereum-centric NFT marketplace. Examples of wallets that support NFTs are Metamask, Coinbase and TrustWallet.
Below we are going to set an example to explain how it works in OpenSea using MetaMask as our wallet provider. Before opening OpenSea you have to have created an Ethereum wallet in Metamask.
As a conclusion, it is quite simple to mint NFTs, the steps we have detailed in this guide are a brief summary of the process most used by all markets. So if you want to mint NFTs just follow the steps in this guide!
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The post What is NFT and How to Mint an NFT? The Definitive Updated Guide (2021) appeared first on CryptoTicker.
Generally speaking, all the coins you own represent your cryptocurrency portfolio and the value of your portfolio depends on the current market price of all the cryptocurrencies you own. It is therefore important to manage your cryptocurrency portfolio properly, here are five tricks that will increase the value of your portfolio:
1. Have a diversified cryptocurrency portfolio. If you focus on Bitcoin, for example, you will be very prone to extreme ups and downs. As an investor, it is important to have altcoins in your portfolio as well, especially if you do not want to experience the market swings caused by the extreme volatility that Bitcoin sometimes exhibits.
2. Always keep your eyes open. We never know what will happen in the future. Therefore, when you have a diversified portfolio, you are more likely to choose an asset that you think may perform better than Bitcoin in the future. That said, always researching different cryptocurrencies and keeping an eye on projects is always a good idea.
3. Keep track of your cryptocurrency portfolio. You may have different assets in different wallets, and therefore, keeping everything organised can be difficult. It is very important to keep track of your cryptocurrency portfolio. A cryptocurrency wallet tracker allows users to monitor the price change of different assets.
4. Keep calm when there is fear in the market, as they often lead to extreme situations of panic and uncertainty. Another reason why many traders do not properly manage their cryptocurrency portfolio is FOMO (fear of missing out).
5. Think about an exit plan first. Not having an exit strategy often causes investors to hold their position for a prolonged period of time, which can lead to losses. This type of situation can be detrimental to the management of your cryptocurrency portfolio.
Conclusions about management of Crypto PortfolioIn conclusion, it is important to have a clear thought process that will make you profit and prevent you from making rash decisions. Balancing and diversifying your cryptocurrency portfolio is another good strategy to consider for long-term growth and sustainability. You can use cryptocurrency portfolio trackers to monitor the daily price and market capitalisation of the assets in your portfolio.
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The post Top 5 Tricks to Manage your Cryptocurrency Portfolio appeared first on CryptoTicker.
The concept of long and short is simple and easy to understand. The basic principle behind Crypto Trading is necessary for every trader. Long and short positions are the two potential price directions that are required to ensure a good profit.
Traders who go long in the market expect the price of the currency to rise from a certain point. On the other hand, traders who go short expect the currency price to fall from the entry point.
Buying and selling are basically for spot trades. You can go long and short on a cryptocurrency without actually buying or selling it. This is only possible if your cryptocurrency exchange platform offers future options and other derivative products.
In other words, going long and short reflects whether a trader believes a cryptocurrency is going to go up or down. If going long, then it is equivalent to buying the cryptocurrency or opening a long position. On the other hand, going short is equivalent to selling the cryptocurrency.
It is said that more long positions are seen than short positions in a bull market, as there are more investors who want to profit from the price fluctuation. If a market is bearish, short positions generally outnumber long positions.
Conclusion about Crypto TradingWhen you enter into these derivatives, you actually get good exposure to the world of cryptocurrencies through long and short positions, but without owning or trading a particular cryptocurrency.
These are just observations and not strict rules to follow, as expert traders and investors buy on dips and sell at high prices. Experts sell when the price tests resistance levels and open long positions when the price pulls back.
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The European Securities and Markets Authority (ESMA) has put forth new guidelines under the Markets in Crypto-Assets Regulation (MiCA) for enhancing the competence of crypto sector staff throughout Europe. This proposal aims to ensure that individuals working in the crypto industry possess the necessary knowledge and expertise to navigate this rapidly evolving sector effectively. By [...]
The post European Regulator Introduces New MiCA Guidelines for Cryptocurrency Staff Competency appeared first on Crypto Breaking News.
The BRICS countries are developing guidelines in response to increasing demand from countries seeking to join, according to South Africa’s Foreign Affairs Minister Naledi Pandor. “BRICS is attracting a lot of interest from a number of countries, and our sherpas are working on the concept of how the group can respond to this interest,” she [...]
The post BRICS Nations Discuss Expansion Plan as Membership Interest Grows appeared first on Crypto Breaking News.
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