Bitcoin takes flight in Liechtenstein: Minister proposes government services paid in crypto

Prime Minister Daniel Risch of Liechtenstein told local papers that Bitcoin is set to play a growing role in government services payments.

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Ukrainian Mobile Only Bank Monobank To Provide Bitcoin Trading Services

Monobank will integrate bitcoin exchange services to allow its customers to buy and sell BTC from its mobile banking app.

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$41 Trillion BNY Mellon to Roll Out Bitcoin Services

One of the biggest bank in the world is to begin offering bitcoin and crypto services to investors. “Growing client demand for digital assets, maturity of advanced solutions, and improving...

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Bakkt Rolls Out Deposits And Withdraw Custody Services, Bitcoin Futures To Launch Soon

Just as it promised a few days ago, Bakkt is on schedule to launch physical Bitcoin Futures settlement services. This is after the company officially rolled out its deposits and withdrawal services.

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Paxos Plants Physical Gold on the Blockchain with PAX Gold (PAXG)

Paxos Trust Company, a financial institution regulated by the New York Department of Financial Services (NYDFS), has announced the launch of PAX Gold, a distributed ledger technology (DLT) based cryptocurrency backed by genuine gold.

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Improving Ethereum’s DeFi Stack With Decentralized Mixers

For cryptocurrency to become sound money, it needs to integrate a degree of privacy on a transactional level, just as paper currency does. Bitcoin and Ethereum, both, lack strong privacy measures, but this is being addressed.

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Bitcoin exchange OKCoin now available in 7 additional states

Bitcoin exchange OKCoin now available in 7 additional states - CryptoNinjas OKCoin, the popular Asian headquartered bitcoin and crypto exchange company, has announced that their trading services in the US are now available in the following seven (7) new states: Arkansas, Iowa, Kentucky, Mississippi, Pennsylvania, Utah, and Wisconsin.

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What is BitcoinAbuse?

The association between Bitcoin and criminal activity cannot be ignored. Criminals favor cryptocurrency due to its wrongfully perceived anonymity. Thankfully, numerous services try to address that situation.

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Anger At Call For Congress To Place ‘Effective Ban’ On Bitcoin Mining

Bitcoin proponents have reacted angrily to what they warn is a fresh attempt to make US Congress ban public cryptocurrencies. Murray: US Should Treat Miners Like Banks As financial news outlet Business Telegraph reported, on September 3, an expert witness went before lawmakers to argue miners on blockchains such as Bitcoin’s should face full banking-style regulation.

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Bitcoin and Ethereum Derivatives Launched on Bitfinex

According to official news released by Bitfinex on September 3, the exchange has added support for two derivatives products based on Bitcoin and Ethereum. Bitfinex, the Market Leader Founded in 2012, Bitfinex is a cryptocurrency exchange providing advanced services for digital currency traders and liquidity providers, while also being closely linked with the most popular stablecoin Tether (USDT).

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Japan ‘Hopes’ To Be The Global Leader In Bitcoin Adoption

FINSUM 2019 kicked off today, at the Japanese capital of Tokyo. Organized by the NIKKEI INC, and Japan’s Financial Services Agency (FSA), the 3-day event is going to be a mega ‘fintech, blockchain, crypto and the future of finance’ bonanza.

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GeeksHosted Web Hosting Keeps on Breaking Barriers with Bitcoin Payments

In today’s digital world, web hosting services are the foundation for any online presence. Backbones of online platforms, these centers keep websites online and available to users, so their reliability, pricing structure and uptime are of paramount importance.

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Pay for Reliable Web Hosting with Bitcoin at GeeksHosted

Designed for Geeks! GeeksHosted, the web hosting ecosystem built “for geeks, by geeks,” has recently announced that it will be accepting crypto payments on its platform when clients opt to pay in either Bitcoin or a host of other 50 alternate cryptocurrencies.

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Crypto Fever Plummets 14% in Japan Amid Bitcoin Exchange Sweeps

Interest in cryptocurrencies like bitcoin tumbled 13. 9% in Japan, according to the country's financial regulator. In data posted Sept. 3, the Financial Services Agency (FSA) says the volume of crypto-related inquiries fell in the latest quarter.

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'Big 4' Giant PwC Accepts Bitcoin in Filthy-Rich Tax Haven Luxembourg

The Luxembourg unit of the Big Four accounting firm PricewaterhouseCoopers has announced that its clients will be able to pay for services in Bitcoin a month from now. In a press release, PwC Luxembourg indicated that it will begin accepting Bitcoin payments from October 1.

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Britain’s HSBC Executes First DLT-Based Letter of Credit 

HSBC Bank, one of the biggest financial institutions in the world, has successfully completed its first distributed ledger technology (DLT) powered letter of credit transaction pegged to the Chinese yuan.

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Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate

Indian crypto exchanges are innovating, launching new products and improving services for their users, despite the country’s regulatory uncertainty and unresolved banking restrictions. Meanwhile, the Indian crypto community continues its efforts to convince the government that the draft bill to ban cryptocurrencies is flawed, calling for positive regulation instead.

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Thai Bitcoin Trading Platform Won’t Renew its Digital Asset Exchange License

Despite promising market momentum, the current conditions remain problematic for Bitcoin service providers. In Thailand, one of the biggest services will shut down in a few weeks. Bitcoin Co. Ltd, also known as Bx.

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Thai Crypto Exchange BX.in.th Shuts Down

Bitcoin Co. Ltd., (BX.in.th) a popular crypto exchange in Thailand, is shuttering its services.

The post Thai Crypto Exchange BX.in.th Shuts Down appeared first on Bitcoin Magazine.

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Litecoin, Ethereum and Bitcoin Cash are gaining ground in travel industry

The clear rise in adoption of cryptocurrencies can be noted across various sectors, such as tourism. Major heavyweights of the tourism sector, such as Blockchain Cruises and Expedia, are already offering services that accept payment in crypto.

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Thailand’s Top Crypto Exchange Closes its Doors Unexpectedly, Sells BTC For $9k

Crypto traders and investors in Thailand woke up to an unpleasant surprise this morning as the Kingdom’s leading digital asset exchange announced that it was closing down. Limited Options For Thai Crypto Traders In an official announcement today, Thai SEC regulated BX crypto exchange stated that it would be discontinuing digital asset trading services at the end of the month.

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$9,100: Thailand's Biggest Crypto Exchange Shutters, Crashing Bitcoin Price

By CCN Markets: BX Thailand, also known as BX. in. th and Bitcoin Co. Ltd. , the largest bitcoin exchange in Thailand according to data published by CoinGecko, has announced it is shutting down its cryptocurrency trading platform by September 30.

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Tippin.me launches alpha version of its Bitcoin micropayment service for Android devices

Tippin, a Twitter tipping service which makes use of the lightning Network for micro Bitcoin payments announced the launch of its services for both iOS and Android devices. Tippin will be launching an alpha Android version for public testing later this week, along with a promise that the iOS version will be launched “soon” The […] The post Tippin.

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Nevada: Bitcoin ATMs, Other Services Should “Request Licensure Determination”

Citing recent inquiries from bitcoin businesses, Nevada is asking that bitcoin ATMs and others request license determinations. The post Nevada: Bitcoin ATMs, Other Services Should “Request Licensure Determination” appeared first on Bitcoin Magazine.

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PNC Completes First Cross-Border Payment via RippleNet 

PNC Financial Services Group, Inc, a Pittsburgh, Pennsylvania-based bank holding corporation has successfully processed its first cross-border payments for clients’ using Ripple’s blockchain solution, RippleNet, according to a Fintech Futures report on August 29, 2019.

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Ernst & Young Set to Move QuadrigaCX’s Case from Halifax to Toronto  

In line with Halifax’s request, Ernst & Young, a “Big Four” multinational professional services firm in charge of QuadrigaCX’s court proceedings has asked a Nova Scotia Supreme Court judge to transfer the case to Toronto, to save costs, according to a local news source, The Star on August 28, 2019.

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Switzerland: FINMA-Licensed Cryptocurrency Bank Eyes Singapore Expansion 

Sygnum, a cryptocurrency company that claims to develop an integrated solution that enables its clients to securely issue, store, trade and manage blockchain-based cryptoassets, is seeking for a banking license from the Monetary Authority of Singapore (MAS), to enable it to offer brokerage, tokenization and other crypto-related services to qualified investors in the region, reportsRead MoreRead More.

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G Mining Inc. — Your Partner in Bitcoin Cloud Mining

If you’re considering Bitcoin Cloud Mining, then G Mining Inc. is the best partner to hold your hand. The company offers very reasonable prices when it comes to BTC cloud mining; besides, the staff is friendly and can guarantee the best services.

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G Mining Inc. — Your Partner in Bitcoin Cloud Mining

If you’re considering Bitcoin Cloud Mining, then G Mining Inc. is the best partner to hold your hand. The company offers very reasonable prices when it comes to BTC cloud mining; besides, the staff is friendly and can guarantee the best services.

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Facebook Hires Lobbying Firm in the Face of Regulatory Uncertainty

In a bid to conquer the regulatory challenges and uncertainties surrounding Facebook’s yet-to-be-launched Libra cryptocurrency, the highly controversial social media giant has employed the services of Washington-based lobbying firm named FS Vector, reports O’Dwyer’s on August 26, 2019.

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Hodl Hodl Finds a Way to Breach China’s Google Firewall to Enable Peer-to-Peer Bitcoin Trading

Hodl Hodl, a P2P Bitcoin (BTC) exchange company, has recently published a new blog post explaining that it devised an extension that can be used by Chinese users. The goal is to bypass the country’s firewall, this way, Chinese users will be able to use the company’s services. The reason why the service was not […]

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Bitcoin Argentina, Others Partner to Develop DLT-Based Digital Identity Solution

In a bid to foster social inclusivity and improve access to quality goods and services for residents of Buenos Aires, Bitcoin Argentina, a local non-governmental organization is collaborating with NEC and IDB Lab, to develop a blockchain-based digital identity solution, according to a press release August 26, 2019.

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Binance to Launch Margin Lending Services, Acting Purely as Matchmaker

Binance has announced that in two days (August 28) they will be launching lending services for Binance Coin (BNB) and Tether (USDT), August 26, 2019. Lending and borrowing have become the top crypto use case in 2019, with DeFi on smart contract platforms – especially Ethereum – popping significantly.

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Congresswoman Maxine Waters “Still Concerned” About Facebook’s Digital Currency Plans

Facebook’s ambitious cryptocurrency project, Libra, continues to face regulatory approvals, as on August 25, 2019, the chair of the U. S. House Financial Services Committee (HFSC), Congresswoman Maxine Waters said that she’s “still concerned” about blue and white social media giant’s digital currency plans.

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CoinFlex to Become the First Crypto Exchange to Offer Physically-Delivered Bitcoin Futures

The race to launch physically delivered Bitcoin futures contracts has been on for quite some time now. ICE’s Bakkt was expected to be the first one but it got delayed too many times. However, recently Bakkt officially announced that it has received the green light from CFTC and will be launching is services on September […]

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“Living Room of Satoshi” Becomes the First Company to Obtain Australian Financial Services License

The cryptocurrency payments gateway, Living Room of Satoshi has been granted the very first Australian Financial Services License. Huge news! We've been granted an Australian Financial Services Licence (AFSL) – the first Bitcoin company in Australia to do this! https://t.

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Hsbc Carries out the First Transaction on the Blockchain-Based Open Trade Platform

According to a press release dated August 22, 2019, HSBC has successfully fulfilled a transaction on we. trade platform, a blockchain-based solution that allows open trade between SME’s of different bank accounts and other trade opportunities thanks to smart contract technology.

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I Wasted My Money on Bitcoin: Billionaire Asset Manager

Bitcoin forayed into the financial markets ten years ago and became a benchmark asset to a new wave of trading instruments now known as cryptocurrencies. But for South Africa’s richest woman Magda Wierzycka, it is not worth an investor’s dime.

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The New Bitcoin Banks Are Here

A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion.

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Xendpay Joins RippleNet for Real-time Cross-Border Payments

Xendpay, a London-based international money transfer service has joined RippleNet, a blockchain-based global payments network to enable millions of people to send real-time cross-border payments in their local currencies.

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Citing Compliance, BitMEX Blocks Services to Hong Kong, Bermuda and Seychelles

The cryptocurrency exchange says a ban of users in Hong Kong, Bermuda and the Seychelles is to avoid conflict of interest with its operating company. The post Citing Compliance, BitMEX Blocks Services to Hong Kong, Bermuda and Seychelles appeared first on Bitcoin Magazine.

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BitGo Appoints Former Xapo Vice President as Chief Revenue Officer

Pete Najarian brings traditional financial services experience to cryptocurrency trust and security firm BitGo. The post BitGo Appoints Former Xapo Vice President as Chief Revenue Officer appeared first on Bitcoin Magazine.

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Flooding in China a Big Blow to Sichuan Bitcoin Mining Facilities

Bitcoin miners in China already have to deal with a government that wants to stamp out their industry. Add to that natural disasters such as flooding and landslides, and they have a full plate to contend with.

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bitFlyer Partners with Tpoint Japan to Launch Bitcoin Loyalty Program

bitFlyer, a leading Japanese bitcoin exchange with a presence in Europe and other parts of the globe, has joined forces with Tpoint Japan, a technology services firm. The partnership will see them launch a bitcoin-powered loyalty program, according to a press release, August 20,  2019.

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Deloitte Launches Blockchain Experimentation Tool

In a bid to make it easier for startups to understand the workings of distributed ledger technology (DLT) and how its numerous use cases can be implemented, Deloitte, one of the “big four” accounting firms and the largest professional services network in the world, has launched Blockchain In a Box (BIAB).

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PR: Plan Flash – Decentralized Data Processing

Data processing is indispensable everywhere and all the time in modern life. The daily services we use every day, such as face recognition, voice assistant, text recognition, automatic recommendation, automatic data analysis and so on, all have a large number of data processing requirements and service support.

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Silvergate Bank Looking to Become Institutional Crypto Lender

One of the few go-to financial service providers that are Bitcoin and Crypto friendly, Silvergate Bank, is looking to expand its services to include crypto-currency lending, according to an updated IPO filing.

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BitMEX Blocks Services in Three Countries amid CFTC Probe

Cryptocurrency derivatives exchange BitMEX has discontinued offering services to the users of three countries. Fun fact: it has offices in those regions. BitMEX said in a statement issued today that it is limiting access to users residing in Seychelles, Hong Kong, and Bermuda.

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Rakuten Wallet lists Bitcoin, Ethereum and Bitcoin Cash for Spot Trading

Rakuten Wallet announced the introduction of spot trading services for the virtual asset. Earlier this year, Rakuten, an e-commerce giant in Japan, had revealed that the organization had started accepting new account registrations for its newly launched cryptocurrency exchange, Rakuten Wallet.

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