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…It was designed to be a decentralised digital currency, enabling peer-to-peer transactions without the need for intermediaries like banks or financial institutions. This innovative approach to digital money challenged the traditional financial system and laid the groundwork for the entire cryptocurrency ecosystem. Bitcoin’s decentralised nature and limited supply (capped at 21 million coins) have contributed to its popularity and value. As mentioned above, Bitcoin operates on a decentralised…
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…It was designed to be a decentralised digital currency, enabling peer-to-peer transactions without the need for intermediaries like banks or financial institutions. This innovative approach to digital money challenged the traditional financial system and laid the groundwork for the entire cryptocurrency ecosystem. Bitcoin’s decentralised nature and limited supply (capped at 21 million coins) have contributed to its popularity and value. As mentioned above, Bitcoin operates on a decentralised…
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…The case’s outcome could shape crypto regulation worldwide, but major financial institutions like Santander, SBI Holdings, and PNC Bank continue to use Ripple’s technology. With a total supply of 100 billion XRP and approximately in circulation as of , XRP’s supply is fixed, meaning no new tokens can be issued. Unlike many cryptocurrencies, XRP does not use staking, but it plays a crucial role in liquidity provisioning and payments. As institutional interest grows and interoperability …
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…IoT technology is most commonly seen in ‘smart home’ products, such as home hubs and multifunctional speakers.Full definitionInteroperabilityBlockchain interoperability refers to the ability of different blockchains to communicate with each other, enabling the seamless transfer of information and assets across distinct blockchains.Full definitionJOMOJOMO, or the ‘joy of missing out’, is an expression by those celebrating not diving into volatile trades or following every trend.Full defin…
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…These options are more convenient than carrying physical money, but they give the financial institutions backing them plenty of control, making some consumers uncomfortable. Hacking, identity theft, and other security breaches are other issues consistently adding to consumers’ concerns. Bitcoin offers a solution to these problems with similar convenience to cards and payment apps. Since Bitcoin is a peer-to-peer (P2P) financial system, there is no financial institution or central bank one must…
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…These options are more convenient than carrying physical money, but they give the financial institutions backing them plenty of control, making some consumers uncomfortable. Hacking, identity theft, and other security breaches are other issues consistently adding to consumers’ concerns. Bitcoin offers a solution to these problems with similar convenience to cards and payment apps. Since Bitcoin is a peer-to-peer (P2P) financial system, there is no financial institution or central bank one must…
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Regulatory Shifts in Crypto in 2025 Explore how crypto regulation is shaping up in the US, EU, and Asia, covering stablecoins, exchanges, DeFi, and ETFs in the race for mature frameworks. Regulatory Shifts in Crypto in 2025Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins9 Jun 2025|BEGINNERS|5 MIN READRegulatory Shifts in Crypto in 2025Explore how crypto regulation is shaping up in the US, EU, and Asia, covering stablecoins, exchanges, DeFi, and ETFs in the race for mat…
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…It aims to address perceived issues of trust and stability in traditional economic systems by eliminating the need for corporate banks and centralised financial institutions. Bitcoin’s Proof of Work (PoW) consensus system and encrypted blockchain technology have provided a secure, transparent, and trustless transaction environment while preserving user anonymity. Innovations like Bitcoin mining have helped to incentivise the network’s growth, while halving has controlled the currency’s sup…
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…It aims to address perceived issues of trust and stability in traditional economic systems by eliminating the need for corporate banks and centralised financial institutions. Bitcoin’s Proof of Work (PoW) consensus system and encrypted blockchain technology have provided a secure, transparent, and trustless transaction environment while preserving user anonymity. Innovations like Bitcoin mining have helped to incentivise the network’s growth, while halving has controlled the currency’s sup…
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…Know Your Customer (KYC) A succinct definition of Know Your Customer (KYC) Know Your Customer (KYC)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYKNOW YOUR CUSTOMER (KYC)Copy linkShare on TwitterShare on FacebookShare on LinkedinKnow Your Customer (KYC)KYC is an essential and standard process that financial institutions implement and is commonplace amongst major centralised cryptocurrency exchanges. It typically means asking for a customer’s identity document(s) when they sig…
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