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$4 Billion US Fintech Startup Sofi Receives New York Bitlicense


Sofi is a startup valued at over $4 billion which is focusing on providing millennials with student loan refinancing, personal loans, mortgages, and other wealth management and financial services. In September it has added crypto trading to its investing platform as a response to demand from...

Kucoin Has Extended Mobile-Based Services to Its Customers From 8 Countries


In his latest tweet, Michael Gan, CEO of KuCoin, tweeted that KuCoin customers from several countries can now register on KuCoin through their mobile phones. Users from India, Indonesia, Turkey and 5 other countries are now able to register on #KuCoin with their mobile phone. ???? Check the full...

Swiss Licensed Crypto Bank Expanding Into 9 Markets


A fully operational crypto-focused bank based in Switzerland is expanding into nine other markets. With a banking and securities dealer license from the Swiss Financial Market Supervisory Authority, its services include crypto custody, trading, and asset management. The bank has launched...

German Banks Authorized to Store and Sell Cryptocurrency in 2020


Next year German banks will be able to manage cryptocurrencies like bitcoin after the fourth EU money laundering directive goes into effect. The directive passed in the German parliament, Bundestag, allows banks in the country to act as cryptocurrency custodians rather than rely on third-party...

Ant Financial Plans to Raise $1 Billion Fund for New Start-ups


Alibaba founder Jack Ma, owned Ant Financial, is making plans to attract around $1 billion in investment for a fund aimed at startups in Southeast Asia and India. According to a source, the company looking to invest in startups that are focused on markets in which mobile internet is growing...

Localethereum Becomes Localcryptos and Adds BTC Trading


P2P trading site Localethereum has rebranded to Localcryptos, allowing users to buy and sell both ETH and BTC without KYC. The platform has been providing peer to peer trading services for ethereum since 2017, but in a surprise announcement this week, the website revealed its new home...

Elrond Joins Hands With Everstake To Facilitate Staking Delegation Services


Elrond, a new revolutionary blockchain network has announced its collaboration with Everstake which serves as a staking platform catering to the requirements of institutional investors. The integration between the two entities will allow Everstake to employ Elrond validators on behalf of anyone...

NY Regulator Licenses Fidelity for Bitcoin Trading and Custody


Fidelity Investment’s digital currency arm has been licensed by the New York Department of Financial Services to operate a platform on which individuals and institutional investors can store, purchase, sell, and transfer bitcoin. The regulator also revealed that it has to date approved...

The Communal Cycle of Sharing


What I'm interested in this year is how we're continuing to expand on tools, services, and shared side projects to collectively guide where we take the web next, and the way we're sharing that. So many other mediums—mostly analog ones—have been around for ages and have a deeper history. In...

With Christmas Approaching, Here Are Some Travel Sites Accepting Crypto


Traveling for the Christmas holidays is something anyone would enjoy. Dealing with travel arrangements, however, can be a headache. For crypto enthusiasts, being able to pay for airplane tickets, hotel bookings and car rentals with cryptocurrency is a relief, because it’s convenient...

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