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Philippines’ UnionBank Launches Stablecoin, Conducts the Country’s First Bank Blockchain Transaction
30.7.2019
The group ran its first transaction between three rural banks in an effort to improve its remittance offerings
XBTO International Acquires License in Bermuda
30.7.2019
XBTO International, more commonly referred to as XBTOI, has now successfully received legal status in Bermuda. The global cryptocurrency finance company, XBTOI, has been granted a license by the BMA (Bermuda Monetary Authority) under the 2018 Digital Asset Business Act of the island, as per...
Aegis Custody Gets Trust Company License in Hong Kong
29.7.2019
Aegis Custody Company Limited, widely referred to as Aegis Custody, has received a coveted license as the Trust Company for their business of digital asset custody. The license has been permitted by the Hong Kong Companies Registry of Trust and Company Services Providers. The company made...
Market Outlook: Crypto Prices Consolidate as Economic Uncertainty Looms
28.7.2019
Digital currency markets have been meandering sideways for a few days as most of the top crypto prices have been consolidating. Some traders believe there will be a big bullish rise after the current slump, while others think crypto prices may sink even lower. Amidst the crypto market uncertainty...
Btc.top CEO Highlights the Benefits and ‘Golden Mean’ of Bitcoin Cash
27.7.2019
On July 23, the CEO of Btc.top, Jiang Zhuoer, debated Nchain’s chief scientist Craig Wright in regard to the civil war between BCH and BSV that took place in November. Amid the debate hosted by Bitkan, Zhuoer highlighted the top three advantages tied to the Bitcoin Cash ecosystem. During...
10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS
27.7.2019
On July 26, the U.S. Internal Revenue Service (IRS) announced that the tax agency has started sending letters to American cryptocurrency owners advising them to pay their taxes. According to the organization, three types of letters will be sent to more than 10,000 taxpayers by the end of August....
Huobi Receives Digital Asset Trading License From Finance Ministry of Thailand
26.7.2019
Crypto enthusiasts in Thailand have a reason to rejoice. According to the latest reports, Huobi has now been granted the Digital Asset Trading License by the Finance Ministry of Thailand. The license has been given to the Thailand subsidiary of Huobi, called the Huobi Thailand, making it only...
7 Unorthodox Ways to Mine Bitcoin
20.7.2019
Bitcoin isn’t crazy – in fact it might just be the soundest monetary system this generation has ever known. Some of the techniques miners have devised to extract it, however, are extremely unorthodox, ranging from the ingenious to the downright crazy. Here are seven of the strangest...
Market Outlook: Crypto Bulls Rally After Bearish Downturn
18.7.2019
Since July 13, digital currency prices have dropped in value significantly, but most coins have since experienced some recovery. While many crypto supporters are optimistic on where the markets are headed, traders and analysts have noticed a bullish-to-bearish trend. BTC and a slew of other...
PR: Liechtenstein Financial Market Authority Approves Tokenized Real Estate Investment Product
17.7.2019
CROWDLITOKEN AG pioneers and starts distribution of a digital bond – European retail investors benefit as well
For the first time in Europe, the Liechtenstein Financial Market Authority (FMA) has approved the offering prospectus for a tokenised real estate investment product. CROWDLITOKEN AG...
Subsidiaries of Seed CX Bag BitLicense from the NYDFS
16.7.2019
Two subsidiaries of Seed CX, the renowned institutional platform that facilitates digital asset trading, have each bagged the most desired BitLicense from the New York State Department of Financial Services (NYDFS), as per the reports published on Monday. With this license, the two subsidiary firms...
Panda Group’s Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity
14.7.2019
Arley Lozano, founder of the cryptocurrency based startup Panda Group, recently explained how his firm is spreading cryptocurrency adoption throughout Colombia and Venezuela. Panda Group has deployed 10 hybrid cryptocurrency point-of-sale (PoS) terminals that also act as automated teller machines...
Fidelity Digital Assets Is Hiring 10 More Blockchain and Trading Experts
11.7.2019
The crypto-focused branch of the major asset manager is looking to grow its team with the addition of 10 new roles across blockchain and trading
Market Outlook: Gold and Crypto Reap the Benefits of Economic Fear
10.7.2019
Cryptocurrencies have recovered from losses incurred a week ago, with many digital assets up 50-80% since July 2. For instance, eight days ago bitcoin core (BTC) tumbled to $9,650 and then back to a high of $13,150 yesterday evening. However, during the afternoon trading sessions on Wednesday, most...
Congressman Emmer Reintroduces Legislation to Provide Clarity for Taxpayers with Digital Assets Following IRS Inaction
10.7.2019
WASHINGTON, D.C. – Today, Congressman Tom Emmer (MN-06) reintroduced the Safe Harbor for Taxpayers with Forked Assets Act, which prohibits penalties against taxpayers until the IRS issues guidance on how to report gains or losses in “forked” digital assets. In 2014, the IRS issued...
Swap and Track BCH on the New Shapeshift Suite for Noncustodial Crypto Management
8.7.2019
Shapeshift, the company that allows traders worldwide to exchange hundreds of cryptocurrency pairs launched its new crypto platform that now offers an integrated suite of digital asset management in a noncustodial fashion. The firm believes the latest release offers a true end-to-end solution that...
Majority Of Generation Z Does Not Like Digital Currencies
8.7.2019
As per the recent study conducted by a leading website, Business Insider, generation Z is apprehensive about buying cryptocurrencies. The report was released on 5th July by the website. Cint, the audience partner of Survey Monkey, did the survey on behalf of Business Insider depicts that young...
Bitcoin Cash ETP Lists on Leading Swiss Stock Exchange
5.7.2019
Cryptocurrency tracking instruments traded on established equity exchanges allow institutional and retail investors to gain exposure to digital assets. Now there is a new option to invest in bitcoin cash (BCH) with an exchange traded product in one of the most advanced markets in the world. Under...
Monarch Unveils a Marketplace and Crypto Trading Platform
1.7.2019
Monarch aims to streamline the crypto industry by offering a suite of services while supporting 1,900 different currencies
Bitcoin’s Big Price Drop Is the Latest in a Long History of Flash Crashes
28.6.2019
On Wednesday, June 26, the price of BTC came close to reaching $14K. One hour later, it had dropped by close to 18%. Such events are known as a flash crash, a moment in time where a rapid-sell off happens and often times a few exchanges become inoperable. Over the last few years, especially when...