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PayPal Granted New York’s First ‘Conditional BitLicense’ to Offer Crypto Services
21.10.2020
The New York Department of Financial Services license allows PayPal to offer cryptocurrency buying and selling through a partnership with Paxos
US Financial Watchdog Fines Bitcoin Mixer Service for $60 Million
20.10.2020
Larry Dean Harmon, founder and operator of early bitcoin mixing services Helix and Coin Ninja, is being fined $60 million by the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) for allegedly violating anti-money laundering rules. According to documents published Oct. 19...
PixelPlex Expands Its Blockchain Consulting Services
19.10.2020
PixelPlex has earned a reputation as a trusted blockchain solutions developer. Besides building blockchain-based applications, the company also consults enterprises on DLT implementation. These days, the firm has expanded its range of services. For the last seven years, the company has been honing...
FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls
18.10.2020
The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments (including cross-border payments) as well as to promote...
Mission-driven cryptocurrency requires an active commitment to equity
17.10.2020
Crypto isn’t inherently good in just its development and proliferation; the community must address the reasons causing financial exclusion
DiFy.Finance (YFIII) Is an In-Development Software Fork of Yearn.Finance (YFI)
16.10.2020
DiFy.Finance, like YFI, the platform it is based on, is an environment of decentralized finance (DeFi) lending aggregators: it allows users to provide liquidity for the ecosystem by parking their cryptocurrency tokens in a smart contract vault and earning interest in return. By the virtue of...
Hong Kong Crypto Exchange Launches Hardware Wallet With Fingerprint Recognition
14.10.2020
The Hong Kong-based crypto exchange Gate.io has launched a new type of hardware wallet that features fingerprint recognition. The device supports over 10,000 cryptocurrencies with wallet.io and multi-signature functionality with over 40 public chains. The well known cryptocurrency exchange...
Diginex: An Early-Stage Cryptocurrency Exchange With High Aspirations
13.10.2020
Diginex’s operations and filings can give us deeper insights into the exchange industry, historically unknown to the public
Crypto Cruise Ship ‘Satoshi’ to Make Panama Bay Home
12.10.2020
The Crypto Cruise Ship called Satoshi is gearing up to set sail from the Mediterranean to Panama, where it will drop anchor and call the bay its home. The ship has 777 cabins that will be auctioned off as condos. Bitcoin will be accepted for all goods and services aboard. Crypto Cruise Ship...
Crypto banks are going to swallow fiat banks in 3 years — or even less
10.10.2020
In three years, a younger generation of banking customers won’t do business with a traditional fiat bank unless it offers access to crypto
Massive Protests Led to Suspension of SWIFT and Banking Activities in Kyrgyzstan
9.10.2020
Kyrgyzstan has suspended the SWIFT system and recommended that banking activities be halted until the severe political unrest in the country stabilizes. Massive protests broke out after parliamentary elections as the opposition stormed government buildings and forced the prime minister to resign....
Digital Bank Revolut Taps Fireblocks to Support New Crypto-Based Services
8.10.2020
Announced Thursday, Revolut will use Fireblocks’ platform to offer new cryptocurrency services for its retail customers
First LINE Blockchain-Powered Third Party Services Launched
8.10.2020
Japanese blockchain solutions platform LINE Blockchain introduced on Wednesday its first LINE powered third party services. These services are built on the LINE network by the LVC Corporation owned LINE TECH PLUS PTE LTD (LTP). LVC also manages LINE’s crypto-blockchain businesses. Introducing LINE...
KuCoin Resumes Credit Card Services
8.10.2020
KuCoin has announced that it is resuming credit card services, and its users can resume buying various cryptocurrencies, such as Simplex, Banxa, and PayMIR again. Check out their Tweet at Credit card services have now resumed on #KuCoin. KuCoin users are now able to buy crypto via Simplex, Banxa...
British fintech to expand banking services to Indian crypto customers
8.10.2020
London-based banking company Cashaa will launch a crypto-friendly neo-bank in India
Japan’s Messaging Giant Line Introduces Crypto Lending Services
7.10.2020
Back in the summer of 2018, the Japanese messaging giant, Line Corp., launched a cryptocurrency exchange with over 30 digital assets. Now Line is introducing crypto lending services with five different crypto assets and a new lineup of decentralized applications (dapps). The Japanese messaging...
Emerging technologies can change the African financial landscape
4.10.2020
The ease and convenience of services backed with the emerging techs can dramatically improve the financial landscape in Africa
Cryptocurrency Exchange Operator Diginex Begins Trading on Nasdaq
2.10.2020
Cryptocurrency exchange operator Diginex has announced the start of its listing and trading on Nasdaq. Digital assets financial services company Diginex Limited announced on Thursday that it has completed a business transaction with 8i Enterprises Acquisition Corp., a Nasdaq-listed special purpose...
Canadian Firm 3iQ’s Bitcoin Fund Listed on Gibraltar Stock Exchange
30.9.2020
The Gibraltar Stock Exchange said Tuesday that it listed a new bitcoin fund belonging to 3iQ Corp, a Canadian investment fund manager that focuses on new technologies and crypto assets. The announcement follows GSX Group’s recent launch of what it calls the Grid, “a venue to create...
Crypto-Fueled Market Openbazaar to Close Shop Unless OB1 Raises Community Funding
27.9.2020
On September 25, the creators of the decentralized marketplace, Openbazaar, announced that unless the project can gather community funding, the supporting services like seed nodes and the API wallet will shut down. The firm behind the project, OB1 is also removing the Haven app from the iOS...