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Western Union Claims to Be Technologically Ready for Cryptocurrency Adoption

In a press release and accompanying video posted on YouTube, financial services company Western Union has expressed interest in adopting blockchain technology and cryptocurrency. The video published December 17, 2018, features President Western Union Global Money Transfer, Odilon Almeida, as saying that the company could be uniquely positioned to take digital currency usage and adoption mainstream. дальше »

2018-12-19 20:00


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Digital Currency Group Launch Metaverse Ventures; to Fund Development on Decentraland

The Digital Currency Group (DCG), a coalition of blockchain venture capitalists, has announced the launch of a new fund called Metaverse Ventures. In a blog post published December 6, 2018, the group explained that the fund will be a “wholly owned subsidiary of DCG that will invest exclusively in companies building products and services for Decentraland. дальше »

2018-12-10 10:00


Wyoming Passes Bill to Secure Banking Relations for Blockchain Companies

The state of Wyoming has passed a blockchain bill that allows banks to provide banking services to blockchain companies in the state. According to the legislative document, the new bill would create a new banking category called the Special Purpose Depository Bank, a group of financial institutions in the state that provide banking services to blockchain-based businesses. дальше »

2018-12-3 19:48


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Op Ed: From Gray To Black and White: Traditional Regulations Come to Crypto

For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront. дальше »

2018-12-3 19:20


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Coinbase COO Asiff Hirji Says Stablecoins Will Enable “Programmatic Money Applications Like We Have Not Seen Before”

Coinbase has led the digital currency revolution in the US from the front and has grown beyond the American borders to provide services to a global audience. The company is working on several other services too, specifically dedicated to bringing more institutional investment in the space. дальше »

2018-11-30 22:04


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New York Regulator Issues BitLicense to NYDIG For Custody and Trading

New York State Department of Financial Services (NYDFS) has approved cryptocurrency-related company NYDIG’s application for a digital currency license and a money transmission license. Bitcoin Custody Approved in New York State The NYDFS has formally authorized cryptocurrency-related company NYDIG to offer secure custody as well as trade execution services for several virtual currencies including Bitcoin Cash, Ether, XRP, and Bitcoin. дальше »

2018-11-15 17:00


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Isle of Man Tightens Requirements for Cryptocurrency Businesses & ICOs

The Isle of Man recently updated its Designated Businesses Registration policy concerning cryptocurrency companies operating in the British Crown dependency.   Isle of Man Posts New Requirements The Island’s financial regulators also wish to sanitize the local virtual currency scene, doing away with projects that have zero utility. дальше »

2018-11-14 02:00


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Cryptocurrency Exchange Zeniex Terminates Service after Government Crackdown

South Korean cryptocurrency exchange Zeniex will terminate its services due to increasing government pressure on unauthorized digital currency exchanges. According to Zeniex’s website post, published on November 9, 2018, the cryptocurrency exchange noted that operating amidst a government crackdown on the industry will be a challenging feat. дальше »

2018-11-13 10:00


Will Ethereum (ETH) Or Ripple (XRP) Cryptocurrency Services Ever Be Adopted By Banks?

There are several blockchain projects in the cryptocurrency market. Two of the most important ones are Ethereum (ETH) and Ripple, which uses the XRP virtual currency for some of its products. Ripple, represented by the XRP virtual currency, grew around 13% in the last days after rumors regarding a bank that wants to use Ripple’s […] дальше »

2018-11-8 13:21


Cryptocurrency Exchange Platform ‘Coincheck’ Resumes Account Opening and Trading of Few Virtual Currencies

Monex Group recently announced that cryptocurrency exchange platform, Coincheck, has resumed account opening and the trading of a few virtual currencies. Details of the Announcement In a bid to gradually resume services, a Japan-based online brokerage company, Monex,  which acquired the hacked digital currency exchange, Coincheck, back in April, announced that it recommenced new account […] The post Cryptocurrency Exchange Platform ‘Coincheck’ Resumes Account Opening and Trading of Few Virtual Currencies appeared first on Ethereum World News. дальше »

2018-10-31 17:03


Big Four Accountancy Firms Rush to Offer Services in Crypto Despite Lack of Consensus

Prompted by the surge in demand for auditing services of crypto firms, traditional accountancy companies are being forced to hire blockchain specialists. The likes of EY, PwC, and KPMG now have several clients from either the blockchain or digital currency space that want their business practices approved by established names. дальше »

2018-10-30 01:00