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G20 Refrains from Regulation, Vows to Fight Money Laundering at Recent Summit

At the last G20 summit in March 2018, financial leadership from twenty of the world’s most significant economies had wildly divergent opinions about the validity and risk of cryptocurrencies. While some countries feared that official actions by the group would provide more legitimacy than the relatively new currencies deserved, others worried that an unregulated crypto […] The post G20 Refrains from Regulation, Vows to Fight Money Laundering at Recent Summit appeared first on CryptoSlate. дальше »

2018-7-28 05:00


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Largest Wall Street Crypto Firm Lost $134 Million in Q1 2018

Galaxy Digital — a full-service digital assets merchant bank launched by ex-Goldman Sachs macro trader Michael Novogratz — took a financial beating in the first fiscal quarter of 2018.   Rekt… The New York-based cryptocurrency-focused merchant bank disclosed its financial report for the first time this week, and the results weren’t great. дальше »

2018-7-27 21:00


$134 Million in Digital Losses in Q1 for Galaxy Digital Crypto Bank

Crypto investment bank Galaxy Digital lost $134 million in the first quarter of 2018, largely due to declining cryptocurrency prices, the company announced in a quarterly earnings report Wednesday. Galaxy Digital, chaired by billionaire investor Michael Novogratz, said it saw a “net unrealized loss” of $85.5 million on digital assets, and a further $24 million дальше »

2018-7-27 01:04


Coinbase Launches Direct Withdrawals to Uber, Tesco, Google Play Gift Cards

Leading cryptocurrency exchange Coinbase announced the launch of a new service allowing customers in the EU and Australia to exchange cryptoassets for e-gift cards. Announced on July 25, 2018, the new service allows users to spend their Coinbase funds on e-gift cards via WeGift, skipping the crypto to fiat bridge and facilitating the near-direct exchange […] The post Coinbase Launches Direct Withdrawals to Uber, Tesco, Google Play Gift Cards appeared first on CryptoSlate. дальше »

2018-7-26 11:00


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Bank of England Endorses Blockchain Use with Revamped Payment System

The Bank of England has stated that a revamped payment system currently under development will offer integration and support for fintech firms using blockchain technology. The pronouncement, which the UK’s central bank made on July 23, 2018, will come as a welcome fillip to the British cryptosphere and encourage further blockchain finance development in the country. дальше »

2018-7-26 02:00