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Bitmain Will Not Ship Crypto Mining Equipment to China
11.10.2021
Mining hardware manufacturer Bitmain will no longer ship its products to mainland China. The move is in response to local regulations, the company explained. The announcement follows a prolonged crackdown on crypto mining operations in the country and a recently reiterated wide ban on activities...
New York Fed’s Consumer Inflation Report Expects US Inflation to Hit 5.2% by Next Year
14.9.2021
Americans are still very concerned about inflation as the latest Survey of Consumer Expectations (SCE) report from August indicates that U.S. consumers expect inflation to be 5.2% a year from now. The SCE response data hasn’t been this high since 2013, and it’s increased since...
BitYard Has Partnered With Banxa to Expand Fiat Money Deposit Methods Supporting Major Currencies
13.9.2021
PRESS RELEASE. BitYard, a Singapore-based cryptocurrency derivatives exchange, is continuously improving its trading services in response to the changing needs of global investors. Recently, the exchange has partnered with Banxa, the world-leading payment service provider (PSP) for the digital...
Binance Discontinues Support for Norwegian Krone Pairs, Payments and Language
28.8.2021
Cryptocurrency exchange Binance is discontinuing certain offerings in Norway. The news comes amid regulatory pressure around the world which the global trading platform is working to address. The company is also dropping Norwegian from its website’s language options. Crypto Exchange Binance...
Switzerland’s Leonteq Offers Crypto Assets to Investors in Germany and Austria
13.8.2021
Swiss fintech firm Leonteq has introduced its digital asset products in two neighboring jurisdictions, Germany and Austria. The company is launching its crypto offering with the help of a Frankfurt-based bank and in response to interest from institutional and private investors. Leonteq Provides...
Twitch's Response To #TwitchDoBetter Could Do A Lot Better
12.8.2021
Over the last few days, Twitch streamers from marginalized groups have taken to Twitter to appeal to the Amazon-owned company to start doing something meaningful about the serious issues of harassment on the platform. In response, Twitch put up a Twitter thread saying it will engage in “open...
Cryptocurrency Swap Not Banned in Iran, President’s Legal Team Says
5.8.2021
Current regulations do not prohibit the swapping of digital currencies, according to the Iranian Vice Presidency for Legal Affairs. The department has stated its position in correspondence with an ICT industry association which wanted to know what rules apply to cryptocurrency exchange, local media...
Elon Musk Hints Tesla Owns About 42K Bitcoins
29.7.2021
Tesla CEO Elon Musk has hinted how many bitcoins Tesla owns after revealing that the fair market value of its bitcoin holdings was $1.47 billion as of June 30. Tesla Holding About 42K Bitcoins Tesla’s technoking, Elon Musk, has commented on how many bitcoins his electric car company owns...
Twitch Streamers and Devs Help Activision Blizzard Walkout With Boycotts, Money
28.7.2021
As employees at Activision Blizzard prepare for today’s Walkout for Equality, streamers, developers, and gamers from around the world are showing their support through charitable donations, game boycotts, and by signal-boosting the event.Read more
Over 1,000 Activision Blizzard Employees Sign Letter Condemning Company's Response To Allegations
26.7.2021
“Following the announcement from Activision Blizzard, and in light of the internal memo circulated by Frances Townsend, a group of over 800 employees from across all of Activision-Blizzard-King and its subsidiaries came together to take action,” a representative of the group told Kotaku. “Over...
After Barclays and Santander, UK Bank Natwest Blocks Payments to Binance
24.7.2021
A major high street bank in the U.K., Natwest, has blocked payments to crypto exchange Binance. Natwest’s decision came after two other major British banks — Barclays and Santander — made a similar move to block fund transfers to Binance. The banks acted in response to a warning...
EU Mulls AML Authority and New Rules for Crypto Transfers, Documents Suggest
8.7.2021
The European Union is preparing to set up an anti-money laundering agency to coordinate national supervisory authorities. According to a media report based on EU documents, the bloc also plans to impose new rules to increase transparency for cryptocurrency transfers. Europe Steps Up Anti-Money...
Bank of Uganda Launches Regulatory Sandbox Framework — One Fintech Firm Already Approved
20.6.2021
The Bank of Uganda (BOU) has announced the launch of a regulatory sandbox that will allow fintech start-ups to test their innovative financial solutions in a controlled environment. Already, one firm, M/S Wave Transfer Limited, has received approval to test its quick response (QR) technology under...
Billionaire Paul Tudor Jones Says ‘I Like Bitcoin’ — Will Go All in on Inflation Trades if Fed Says ‘Things Are Good’
15.6.2021
Billionaire hedge fund manager Paul Tudor Jones says he likes bitcoin. Noting that he can trust math, the famed hedge fund manager said, “bitcoin has appealed to me because it’s a way for me to invest in certainty.” Jones also shared his investment strategies in response to...
proxy-www
24.5.2021
I like a good trick. What if… a URL was… a promise… that fetched said URL?
www.codepen.io.then((response) ={
console.log(response);
});
That’s what @justjavac did with JavaScript Proxys. A clever trick, that. Don’t @ me about the practicality. Trick…
The post...
Nigeria Money Printing Controvesy: CBN Governor’s Remarks Attacked, Government Denies It Financed Deficit via Money Printing
21.4.2021
The fallout sparked by reports that the Central Bank of Nigeria (CBN) printed over $150 million for states’ funding continued a few days after the allegations were initially made. In the latest twist, the opposition People’s Democratic Party (PDP) vice-chairman Dan Orbih said the...
Scaramucci surprised at lack of banking response to Coinbase listing
16.4.2021
Will competing companies come out of the woodwork?
Fidelity Says Bitcoin Adoption Will Keep Accelerating — ‘We’ve Reached a Tipping Point’
9.4.2021
Fidelity’s head of digital assets says that bitcoin adoption will continue “at an accelerated pace,” noting that “we’ve reached a tipping point.” He explained that investors are increasingly drawn to bitcoin “Particularly, in an environment where...
Music Company Founded by Dr. Luke Enables Bitcoin Payments for Songwriters and Producers
3.4.2021
Bitcoin mainstream adoption is not limited to celebrities endorsing the cryptocurrency via social media or interviews on TV. The music industry is also interested in joining the bandwagon, with an independent publishing company recently enabling bitcoin payments. Bitcoin Adoption Comes in Response...
Japanese Regulator Aims to Implement FATF Rules Toward Crypto Companies in 2022
3.4.2021
Japan’s Financial Services Agency (FSA) has revealed that the regulating body will adopt the Financial Action Task Force (FATF) “travel rule” and standards toward the cryptocurrency industry throughout the nation. Meanwhile, FATF’s rule has been considered far-reaching...