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Miner Goes Bankrupt, Manufacturers Stuck With Inventory, Rigs ‘Sold By Kilo’ as Scrap
In our latest roundup of mining-related news, we look at a few examples of the knock-on effect that the current cryptocurrency bear market is having on the global mining industry and its main hardware suppliers. дальше »
2018-11-23 23:00 | |
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Crypto Market Carnage Triggers JPMorgan Chase Bank CEO Jamie Dimon’s Bitcoin Comments
Jamie Dimon, the CEO of JP Morgan, has always been opposed to Bitcoin (BTC) and cryptocurrencies. Perhaps, he was more friendly towards blockchain technology. But certainly, he did not like Bitcoin. дальше »
2018-11-22 18:34 | |
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Top 5 CPA Firm Confirms Funds in First Attestation of Circle’s USDC
Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order. дальше »
2018-11-22 22:05 | |
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Op Ed: SEC’s Latest Declaration Creates Legal Minefield for Digital Assets
On November 16, 2018, the U. S. Securities and Exchange Commission (SEC) issued a public statement clarifying its intent to regulate activities involving the issuance and trading of digital assets. дальше »
2018-11-21 01:44 | |
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Singapore Finalizes Regulatory Framework for Crypto Payment Services
The central bank of Singapore has finalized the country’s new regulatory framework for payment services, which now includes cryptocurrency. Crypto payment service providers, which fall outside of the current regulatory framework, will need to be licensed under the new regime. дальше »
2018-11-20 09:55 | |
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Singapore Finalizes Regulatory Framework for Cryptocurrency Payment Services
The central bank of Singapore has finalized the country’s new regulatory framework for payment services, which now includes cryptocurrency. Crypto payment service providers, which fall outside of the current regulatory framework, will need to be licensed under the new regime. дальше »
2018-11-20 09:55 | |
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“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?
Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world. дальше »
2018-11-17 01:42 | |
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Bitcoin Group SE Buys Investment Bank Tremmel for Undisclosed Figure
Bitcoin Group SE has bought 100 percent shares of investment bank Tremmel for an undisclosed amount. This is the German digital currency exchange operator’s second acquisition in 2018. Bitcoin Group, which holds current assets of $40 million, said Tremmel allows it to issue its own cryptocurrency-related products, conduct proprietary trading and operate bitcoin ATMs. дальше »
2018-11-14 00:45 | |
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Bitcoin Group SE Buys Investment Bank Tremmel
Bitcoin Group SE has bought 100 percent shares of investment bank Tremmel for an undisclosed amount. This is the German digital currency exchange operator’s second acquisition in 2018. Bitcoin Group, which holds current assets of $40 million, said Tremmel allows it to issue its own cryptocurrency-related products, conduct proprietary trading and operate bitcoin ATMs. дальше »
2018-11-14 00:45 | |
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Indian Officials Consider Ban on “Private Cryptocurrencies”
Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance. дальше »
2018-11-1 22:37 | |
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Assistant Governor of Reserve Bank of Australia Sees No Use For Digital Currencies
Michelle Bullock, the assistant governor of the Reserve Bank of Australia, has recently affirmed at the Swift International Banking Operations Seminar that the country will hardly need a central reserve bank for the digital currency, as the current systems already work well enough. дальше »
2018-10-25 02:41 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Former Russian Economics Minister Sees Huge Potential for Cryptocurrency
Herman Gref, the former Russian minister of economics and trade and the current CEO of Russia’s largest bank, Sberbank, recently articulated his expectation that cryptocurrency will have a profoundly transformative effect upon society in coming decades. дальше »
2018-10-23 08:30 | |
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Sberbank CEO Sees Huge Potential for Cryptocurrency
Herman Gref, the former Russian minister of economics and trade and the current CEO of Russia’s largest bank, Sberbank, recently articulated his expectation that cryptocurrency will have a profoundly transformative effect upon society in coming decades. дальше »
2018-10-23 08:30 | |
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Is the IMF Warning On Cryptocurrencies Responsible for Current Market Decline ?
The International Monetary Fund (IMF) recently issued a stern warning against the rapid growth of the digital assets. The fund argues that the spontaneous rise in the prices of cryptos , is exposing the global financial system to so many attacks; given that the World Bank is also receptive of the crypto asset trend. дальше »
2018-10-11 18:34 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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Chinese and US Investors Team Up to Create a Global Crypto Investment Fund
The latest crypto investment fund on the block is Dragonfly Ventures, a $100 million traditional venture fund investing only in crypto assets, managed by partners Alexander Pack from Bain Capital Ventures and Bo Feng, founding partner of Ceyuan Ventures. дальше »
2018-10-9 15:30 | |
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Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves
Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent. дальше »
2018-10-9 00:43 | |
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply. дальше »
2018-10-3 19:05 | |
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Overstock.com CEO Acquires Stake in Blockchain Land Registry Startup
Overstock. com CEO Patrick Byrne has acquired a stake in blockchain startup, Medici Land Governance (MLG). Byrne purchased a 43 percent stake in the blockchain land registry in a private transaction. дальше »
2018-9-27 20:37 | |
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New Finance Chief Calls for Greater Cryptocurrency Investment in Zimbabwe
The newly appointed Zimbabwean Finance Minister is calling on Zimbabweans to invest in cryptocurrency, as the minister see this as a way out of the current crisis. Cryptocurrency Can Solve Zimbabwe’s Currency Crisis According to ITWebAfrica, new Zimbabwean Finance Minister, Mthuli Ncube, is urging the country’s apex bank to adopt digital currency like other countries. дальше »
2018-9-19 18:49 | |
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Mario Draghi: Europe ‘Has No Plans to Issue Central Bank Digital Currency’
The European Central Bank has no intentions of issuing a central bank digital currency. According to its president Mario Draghi, the current economic conditions fail to justify a need for it. Cash Remains King Speaking in front of the European Parliament, the president of the European Central Bank Mario Draghi touched on the matter of cryptocurrencies and whether or not the European Union needs a central bank digital currency. дальше »
2018-9-18 04:00 | |
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Japanese SBI Set to Launch Ripple-Based Mobile App
Japanese Fintech heavyweight SBI Holdings plans to launch a Ripple-powered mobile payment application called MoneyTap. In a tweet shared with his followers, Takashi Okita, CEO of SBI Ripple Asia shared the web page of the new payment application, which promises to offer "easy bank transfer application" without fees. дальше »
2018-9-15 22:03 | |
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The Chinese Are still Hungry for Bitcoin. Will They Break the Bank all over again?
Lately we have been trying to predict big finance houses’ arrival into the world of cryptocurrencies, but we are neglecting the equally important factors linked to the current situation in this market, which could rock the boat much earlier than that. дальше »
2018-9-15 22:00 | |
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RBI Ban Hearing in Two Days – What Indian Crypto Exchanges Are Expecting
The Indian supreme court will hear all petitions against the crypto banking ban by the Reserve Bank of India on Tuesday. News.Bitcoin.com talked to the CEOs of several Indian exchanges to find out what they are expecting from the hearing, trader sentiment, their exchanges’ current trading volumes, and how they see the court’s ruling affecting […] The post RBI Ban Hearing in Two Days – What Indian Crypto Exchanges Are Expecting appeared first on Bitcoin News. дальше »
2018-9-9 19:55 | |
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RBI Ban Hearing in 2 Days – What Indian Crypto Exchanges Are Expecting
The Indian supreme court will hear all petitions against the crypto banking ban by the Reserve Bank of India on Tuesday. News.Bitcoin.com talked to the CEOs of several Indian exchanges to find out what they are expecting from the hearing, trader sentiment, their exchanges’ current trading volumes, and how they see the court’s ruling affecting […] The post RBI Ban Hearing in 2 Days – What Indian Crypto Exchanges Are Expecting appeared first on Bitcoin News. дальше »
2018-9-10 19:55 | |
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Kenya’s Institute for Economic Affairs Hosts a Public Forum
On September 6, 2018, Kenya’s Institute of Economic Affairs (IEA) is hosting a public forum to examine the current regulatory framework for cryptocurrencies operating in Kenya. At the moment the Central Bank of Kenya does not approve of digital currencies in spite of great regional interest. дальше »
2018-9-4 21:00 | |
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Op Ed: New Bermuda Legislation Will Create a Novel Class of Bank to Service Fintech Companies
As we reported on July 19, 2018, Bermuda is determined to establish itself as the leading jurisdiction for fintech entrepreneurs, in particular those involved in initial coin offerings (ICOs), digital assets and virtual currencies. дальше »
2018-8-23 23:03 | |
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EY Team Wins European Investment Bank’s 48 Hour Blockchain Hackathon
EY Team Wins European Investment Bank Blockchain Hackathon As per Finextra, programmers from EY won the top prize for the recently concluded blockchain hackathon conducted by the European Investment Bank (EIB). дальше »
2018-8-15 20:33 | |
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ICO Exit Scams: Bad Actors Cart Away $100 Million in 2018
While there have been quite many initial coin offerings (ICOs) that have made investors smile to the bank in recent times, there’s no denying that some of these crypto-based fundraisers have also broken the hearts of many. дальше »
2018-8-15 10:00 | |
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Bithumb looses bank support and halts new virtual accounts registration
South Korean cryptocurrency exchange Bithumb failed to renew its contract with the bank to service customers' accounts. Under current legislation, the exchange no longer has the right to open new accounts. дальше »
2018-8-2 22:55 | |
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More Than a Ledger: How Blockchains Will Democratize Wealth
To Mark Pascall, co-founder of BlockchainLabs New Zealand (NZ) and president of the Blockchain Association NZ, the blockchain space is more than just a new technology layer, it’s a “fundamentally different way for organizations and societies to operate. дальше »
2018-7-31 21:27 | |
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“Eating Their Lunch:” Blockchain Upstarts Challenge Investment Banks
Access to personal financial data and the emergence of blockchain technology have been the catalyst for a revolution in the banking sector. At the start of this year, banks within the European Union were ordered by the Competition and Markets Authority (CMA) to grant customers access to their personal data. дальше »
2018-7-31 20:42 | |
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The World Bank Says 1.7 Billion Adults are ‘Unbanked’, Crypto to the Rescue?
It seems there is a new word floating around in the crypto community – “unbanked” and it is being used to describe those who do not have an account with a financial institution or mobile money provider. дальше »
2018-7-26 09:41 | |
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Goldman Sachs Set To Become More ‘Crypto’ Friendly With New Hire
The leading investment bank, Goldman Sachs has revealed today that they appointed a new ‘crypto’ friendly CEO. The current president of the New York multinational, David Solomon, said that he will be taking over from the previous manager, Lloyd Blankfein in October this year following his twelve years at the company. дальше »
2018-7-18 14:00 | |
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HEdpAY ICO
HEdpAY was created to be the first and most authoritative financial structure to allow users to transfer in a fast manner and safe your own Fiat currency in cryptocurrency and, at the same time, offer transparency with the following services: current account, debit card, Exchange, POS. дальше »
2018-7-14 14:36 | |
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Bitcoin’s Price at a $1,000 Premium in India After Bank Ban, Ethereum at a $60 Premium
Bitcoin, ethereum and other cryptos have become more popular in India following a bank ban of crypto exchanges according to the current crypto prices in the world’s second most populous. . . дальше »
2018-7-11 13:29 | |
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Strategic Partnership Announced Between TokenPay and Litecoin Foundation
In May 2018, TokenPay Swiss AG joined with WEG Bank in Germany. The former attained a 9. 9 percent stake in the bank, along with the option to purchase as much as 90 percent, pending regulatory approval. дальше »
2018-7-11 01:20 | |
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South Africa’s Central Bank Sees Ethereum Blockchain Only as ‘Backup’
The South African Reserve Bank (SARB), South Africa’s Central Bank, has concluded a multi-bank project to test bank-to-bank payment transfers using the Ethereum based platform, Quorum. Project Khokha is a collaboration of eight South African banks including SARB, Absa, Capitec, Discovery, Investec, FirstRand, Nedbank, and Standard Bank. дальше »
2018-7-1 01:00 | |
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Indian Exchange Wazirx Launches P2P Crypto Trading
The Reserve Bank of India’s deadline to terminate all banking services for crypto-related entities is set to end on July 6. As the date approaches,WazirX, a cryptocurrency exchange, is getting ready for the possible end of its current crypto trading services model in India and preparing a new one. дальше »
2018-6-30 14:14 | |
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Alibaba and Jack Man’s Remittance Platform Ready to Take on Ripple: Ripple (XRP) Technical Analysis
The user case application of Ripple and their products are diverse. That’s why despite XRP being an optional product and with 100 billion in circulation, their current valuation is “fair” if not better considering the number of total coins minted. дальше »
2018-6-27 03:02 | |
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