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MCS Introduces a Market Maker Program With the Best Benefits in the Industry


PRESS RELEASE. Singapore, November 23, 2020 — MCS (MyCoinStory), a fast-growing cryptocurrency derivatives exchange headquartered in Singapore, announced on November 23 that it has officially launched a market maker program. As a latecomer to the industry, MCS claimed that it has prepared...

End of Western Union Remittance Service to Cuba a Boon for Crypto


As new U.S. government measures that impose restrictions on remittances to Cuba becomes effective after November 22, Western Union, which has been operating in the island nation since 1999, will close shop. The new rule, which was published on October 27, gave Western Union 30 days to implement...

Poker Site Buys $100 Million of Bitcoin Every Month to Pay Players in BTC


A major online poker website has been buying millions of dollars of bitcoin every day to meet demand from players wanting to cash out in bitcoin. This amounts to $100 million in bitcoin a month as about 95% of players now demand payouts in the cryptocurrency. Poker Site Buys $100 Million of Bitcoin...

Wallex: The Rainbow in The European Grey Zone


The evolution of new digital technologies has created a new shift in the value proposition for financial products and services. Digital asset management based on distributed ledger technology has opened the gates to financial institutions and regulators, with the aim of disrupting this new wave....

Paypal Bought 70% of All Newly Mined Bitcoin Last Month as Demand Rockets


Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago. Now that’s according to estimates by hedge fund manager Pantera Capital, as revealed in its latest monthly blockchain letter. Together with Square’s...

Blackrock CIO: Cryptocurrency Is Here to Stay, Bitcoin Could Replace Gold


Blackrock’s Chief Investment Officer, Rick Rieder, said cryptocurrency, including bitcoin, “is here to stay.” In addition, he said bitcoin is a durable mechanism that could replace gold. Blackrock on Bitcoin and Gold Rick Rieder, Blackrock’s Chief Investment Officer (CIO)...

South Africa Unveils New Crypto Rules as Usage Soars Exponentially


The South African financial regulator has published a draft declaration of crypto assets as financial products. The regulator says South Africa has experienced “an exponential increase in the provision and use of crypto assets.” South Africa’s Crypto Regulation South...

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