Mobile Applications

Malaysia Launches Enforcement Action Against ‘Illegally Operating’ Binance

Source Node: https://decrypt.co/77233/malaysia-regulator-takes-enforcement-action-against-binance-for-illegal-operations
Time Stamp: July 30, 2021 6:59 AM - Modified On: July 30, 2021 - Published By:
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Republished By Plato

In brief Malaysia's financial services regulator has taken enforcement action against Binance. The Securities Commission has said Binance is still operating illegally despite being listed on an alert list since July 2020. The Malaysia Securities Commission (SC) has today taken enforcement action against Binance for allegedly operating illegally in the country. The SC claims the crypto exchange is operating illegally as a Digital Asset Exchange, without the requisite registration requirements found in Sections 7(1) and 34(1) of the Capital Markets and Services Act 2007.  “Accordingly, the SC has issued a public

Blockchain in Mobile Application Market

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Time Stamp: June 18, 2021 7:45 AM - Modified On: June 18, 2021 - Published By:
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Republished By Plato

Blockchain & Mobile apps: With the vast competition already in the marketplace, several technologies are coming out to survive in the present market scenarios. Blockchain, a most popular technology is well aware of many due to its association with cryptocurrency like bitcoin. It’s now used in mobile applications to make transactions safe, secure and speed. Blockchain is generally used to modify the usage of mobile applications in order to make the app installation procedures simple, easy and eliminates all kinds of unwanted stuff. It has a greater ability to reshape the

Mobile DeFi and the Shift Toward Self-Sovereignty

Source Node: https://cointelegraph.com/news/mobile-defi-and-the-shift-toward-self-sovereignty
Time Stamp: August 8, 2020 1:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Many speculate that mainstream adoption of cryptocurrency is dependent solely on improving ease of access and user experience. In reality, there’s an even bigger obstacle: a mentality shift. Self-sovereignty and personal autonomy are the endgame of this technology, and with that goal comes a significant increase in personal responsibility for one’s funds. This is totally at odds with people’s traditional financial experience so far; the legacy system takes away your autonomy and replaces it with convenience, offering useful tools related to fraud protection and password management. By comparison, cryptocurrencies, decentralized finance

TikTok Ban: The Beginning of a New Age in Social Networks?

Source Node: https://beincrypto.com/tiktok-ban-the-beginning-of-a-new-age-in-social-networks/
Time Stamp: August 8, 2020 8:28 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

President Donald Trump has signed an executive order that forbids American companies to transact with Tencent and Bytedance. The ban comes after a long debate involving alleged data mining from apps like WeChat and TikTok. Following the ban, Tencent shares fell 5%. American companies will effectively have 45 days to stop transacting with these companies. The ban is sparking worldwide debate regarding the boundaries of national security. Is this an opportunity for decentralized social media platforms to step up? Tencent and the Yuan Plummet The announcement was immediately felt on