Apr 25, 2022

How To Protect Yourself From Identity Theft

2022-04-25T09:23:20-07:00April 25, 2022|Categories: News and Updates|

Identity theft affects about one in 20 Americans each year, according to Experian. The penalties for committing identity theft can range from fines to up to 15 years in prison, depending on the severity of the charge. However, not many cybercriminals are ever caught, due to the anonymity of internet backchannels.  It’s important to have a robust security [...]

Apr 6, 2022

My Digital Money Crypto

2022-04-07T13:38:20-07:00April 6, 2022|Categories: News and Updates, Uncategorized|

My Digital Money is proud to announce the addition of 9 new cryptocurrencies for our clients to trade in their cash or CryptoIRA account. BAT - Basic Attention Token A blockchain-based system for tracking media consumers GRT - The Graph A Ethereum token that powers a decentralized protocol for indexing and querying data from blockchains. LPT - [...]

Mar 26, 2022

How To Protect Your Assets From Inflation

2022-03-26T11:26:14-07:00March 26, 2022|Categories: Investing 101, News and Updates|

Inflation refers to a currency's decline in purchasing power over time. It reflects an increase in the average price of goods and services in an economy in a given period.  Oftentimes, inflation is reflected as a percentage. The higher the inflation percentage, the lower the value of a currency in a given time frame.  Inflation rates vary based [...]

Aug 19, 2021

How To Open A Cash Account With MDM

2021-08-19T16:21:20-07:00August 19, 2021|Categories: News and Updates|

My Digital Money’s Cash account is here. Finally, you can trade crypto using cash and open a cryptoIRA all in one platform!  No need to move from one platform to another for all your different crypto investments. For as low as $500, you will enjoy My Digital Money’s easy to use, US-based self-trading CryptoIRA platform with concierge level [...]

Aug 13, 2021

A Crypto Revolution Is Brewing In Argentina

2021-08-17T16:17:32-07:00August 13, 2021|Categories: News and Updates|

The US may have a competition when it comes to snagging miners China is kicking out.  A new report indicated that Argentina ranked 21st in the world in realized bitcoin gains last year, with some US$200 million.  The powers that be in Argentina are offering energy subsidies in an electoral year. They’ve helped feed a boom in crypto-mining [...]

Aug 12, 2021

China’s Loss Is US’ Gain

2021-08-12T22:52:16-07:00August 12, 2021|Categories: News and Updates|

And they are moving. Miners were booted out of China and they decided to head our way.  Apart from the fact that we will benefit from the new Bitcoins being mined, it is also timed perfectly.  A tweet by CoinShare showed that Bitcoin’s value increases per halving cycle.  Halving is an event built into the Bitcoin network. This [...]

Aug 11, 2021

Formula 1 Crypto Partnership

2021-08-12T22:44:20-07:00August 11, 2021|Categories: News and Updates|

Sports and cryptocurrency is a perfect combination. The speed, the adrenalin, and the potential for victories or loss is decided by split second decisions.  Those adjectives are perfectly applicable to sports and crypto. And of all sports, there’s nothing more exciting than Formula One. So the announcement that they will start partnering with crypto trading platform, crypto.com, I [...]

Aug 9, 2021

SEC Assault On Ripple

2021-08-09T11:59:28-07:00August 9, 2021|Categories: News and Updates|

The Securities and Exchange Commission’s (SEC) lawsuit against fintech startup Ripple Labs is unraveling more critical financial issues.  The biggest issue is how regulations seem too outdated to catch up on innovation. This is more than a tricky problem because when it comes to the law, in inclusion, everything else is an exclusion.  That simply means if the [...]

Aug 4, 2021

Visa Is Driving Crypto Adoption In Emerging Markets

2021-08-04T11:52:23-07:00August 4, 2021|Categories: News and Updates|

And it’s happening.  People who are not being served by banks or with limited access to financial services are being snagged by cryptocurrencies.  Visa just announced a new partnership with Tala, a digital financial services provider in emerging markets. The goal is to provide easier access to cryptocurrencies for underbanked consumers. They started by offering stablecoin USD Coin [...]

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