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HSBC Closes 2 Branches Following New Protests in Hong Kong


HSBC had two of its Hong Kong branches closed on Jan. 2, the first working day of the year, following attacks by protesters during the latest anti-government demonstrations on New Year’s Day. The banking giant also closed seven indoor ATM clusters and announced on Friday it will suspend...

Asia’s Love Affair With Blockchain Is Blossoming


Far away from western eyes, Asian blockchain projects are thriving. A vibrant ecosystem of public and permissioned chains has sprung to life in Asia, aided by government and big business endorsement of distributed ledger technology (DLT). Many of these chains are virtually unknown outside of...

Cardano (ADA) Holds a Slight Bullish Crossover; Rises Above Oversold Region


Cardano price around the 7-day low at $0.0366 The current price is rightly supported by the 9-day MA In the past seven days, ADA/USD has hit the highest at $0.0392 ADA faces the inability to trade at and above $0.040—the major resistance price point Cardano News Today Cardano coin, just like...

European Banks Struggle With Low Interest Rates and Strict Regulations


Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019....

Bitcoin Rises Drastically within No Time; Hits the Overbought Region


Bitcoin trades above $7,000 after having hit bottom around $6,900, just at the time of writing BTC price gains support as it takes a steep climb above $7,100 The Green long candle has hit the right direction only if it would stay Bitcoin price trend looks like a half hourglass, from trading around...

HSBC Closes Account Used to Support Hong Kong Protesters


For months on end, Hong Kong has been the scene of intensive confrontation between pro-democracy activists and its Beijing-supported government. It now seems the financial establishment has taken a side in this conflict. Banking giant HSBC has decided to close an account used to support the protest...

iSunOne Establishes Itself as the No 1 Blockchain Application in ASEAN Region


Having established itself as a highly reputed FinTech and media giant, TideiSun Group has added yet another achievement to its credit list. The Hong Kong-based firm has announced that its unprecedented blockchain platform iSunOne has achieved the auspicious milestone of a strong network comprising...

China's Region Targets Miners; Binance Blocked on Weibo + More News


Source: iStock/LOVE_LIFE Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. China news Despite China's U-turn on Bitcoin mining, Chinese local governments are strengthening...

Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin


Last month, the U.K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during...

European Countries Step Up Response to Facebook’s Libra


The European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project for instant payments. As Facebook engages Switzerland’s financial regulator, the ECB clarifies how Libra...

Major Swedish Bank Orders Negative Interest Rate on Euro Deposits


Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right...

From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful


Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. On July 31, Russia’s...

North Queensland’s Bitcoin Cash City Is Hosting a BCH-Focused Conference


A BCH-centric two day event is coming to North Queensland Australia, dubbed the Bitcoin Cash City conference, on Sep. 4-5, 2019. The massive Australian state has a densely populated region of around 78 BCH accepting merchants and a large number of bitcoin cash supporters residing in the area....

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