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Coinbase will allow users to send money globally via popular messaging apps like WhatsApp, iMessage, and Telegram. The transactions are instant and free, breaking down geographical barriers. To facilitate these transfers, both the sender and receiver need the Coinbase Wallet. Cryptocurrency exchange giant Coinbase yesterday rolled out a groundbreaking service, allowing users to send money globally through well-known messaging and social media platforms. The move aims to provide greater utility to its digital wallet and attract new users amidst a thriving crypto market. Global money transfers using messaging apps Coinbase now enables customers to send money global ly through widely used messaging apps such as WhatsApp, iMessage, and Telegram. This move allows for seamless transactions, breaking down geographical barriers. Users can send money to recipients in different countries, and the settlement of transfers is both instant and free of charge. Coinb...

Zero knowledge proofs, DIDs, and more could help DeFi protocols maintain regulatory compliance without exposing their users. Decentralized finance (DeFi) has been a rapidly growing sector of the cryptocurrency industry, but it has also faced significant regulatory challenges. With regulators struggling to keep up with the pace of innovation, the lack of clarity around regulation s tends to create uncertainty for DeFi projects. Cointelegraph spoke to Alastair Johnson about regulatory challenges facing the DeFi industry. Johnson is the CEO of an identity “super-wallet” called Nuggets that seeks to deliver verified self-sovereign decentralized identities to users. He said that one of the main regulatory challenges is DeFi platform anonymity, which makes it difficult to comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulation s.  Although privacy is a cornerstone of DeFi, regulatory compliance is essential to protect users and ensure that DeFi platforms are operat...