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Visa, Mastercard, Ebay, Stripe Join Paypal in Leaving Libra
12.10.2019
Most payment companies have now pulled out of Facebook’s Libra project. Visa, Mastercard, Ebay, and Stripe have followed Paypal in dropping out of the project amid regulatory concerns. The Libra Association has responded to the exodus of these companies. David Marcus, who is in charge of...
Another Setback For Facebook’s Libra as More Five Partners Back Out of the Project
12.10.2019
It seems Facebook’s ambitious digital currency project Libra is witnessing an extremely rough patch. Yesterday, on October 12, 2019, the group behind the Libra project lost another five partners in the form of Mastercard, Visa, Stripe, eBay, and Mercado Pago, resulting in yet another huge setback....
Bank of Ireland Execs Back Out of Testifying in OneCoin Scam Hearings
12.10.2019
Bank of Ireland executives change their stance about voluntary testimony in the OneCoin scam case
Bank of England Drafts Out Regulatory Measures for Facebook’s Libra Cryptocurrency
11.10.2019
Facebook-led stablecoin project, Libra has managed to grab the attention of financial leaders all around the world, surprisingly, for all the negative reasons. It has been subject to backlash from regulatory authorities globally concerning its vulnerability to upset the financial scenario in...
Why the Maximalist Narrative of Just Hodl and Wait Is Unsustainable
10.10.2019
It’s encountered all over the crypto space these days — the idea that the only correct way to “Bitcoin” is to hold and not spend, and to desperately lash out on crypto Twitter at anyone who thinks differently. But what ever happened to Satoshi’s original call for...
Picking out Positives from the (Perplexing) New Crypto Tax Guidelines
10.10.2019
The Internal Revenue Service (IRS), America’s top tax authority, has issued a new set of guidelines on cryptocurrency taxation.
And although many are bemoaning the new rules for a lack of clarity among other matters, there are a few silver linings to be found in the IRS’ press release, a new crypto...
United Nations Agency Unicef Launches Cryptocurrency Fund
9.10.2019
Unicef announced Wednesday that it has launched a cryptocurrency fund and become the first United Nations organization to hold onto its crypto donations. Without converting them into fiat, the fund will hold two cryptocurrencies and disburse them to support projects benefiting children worldwide....
Bank of England Sets Out Rules for Libra Launch in the UK
9.10.2019
The central bank has finalized principles the Facebook-led cryptocurrency project must adopt before a U.K. launch
Bitfinex Braces for Imminent Lawsuit Alleging Tether Manipulates Crypto Market
7.10.2019
The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether are again engaged in public relations crisis management. They have notified users of an imminent lawsuit over market manipulation allegations and are trying to frame it as just a shameless money grab attempt. Also Read:...
Paypal Exits Libra – Mastercard and Visa May Follow
6.10.2019
Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out. Paypal has now reportedly left the group due to regulatory concerns. Libra...
Crypto Rating Council Is Out to Help Change US Regulatory Landscape
4.10.2019
The Crypto Rating Council (CRC) boasts of a number of high profile members including Coinbase, Kraken and Bittrex
The Exchange for the New Generation — Bitsoda.com Launches Globally
4.10.2019
The Singapore-based exchange, Bitsoda.com, is the newest force in digital asset trading platforms. Invested by Digital Finance Group with Ledger X, Circle and other well-known blockchain projects in the portfolio, Bitsoda.com stands out with adequate resource and enters global market fast with...
RBI Ban Stops Indian Police From Cashing Out Seized Crypto
4.10.2019
The effects of banking restrictions by the Reserve Bank of India (RBI) have reached an Indian police department. The police sold some cryptocurrencies they seized only to find out that they cannot access the Rs 8.42 crore (~$1.2 million) proceeds due to the current RBI banking ban. Also read:...
Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash
3.10.2019
Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat currency as they see fit. Also Read: Bittrex...
BNB Price Amidst the Sluggish Trend, Holds a Strong Possibility of Breaking Out
3.10.2019
Binance Coin trades around 15.7569 USD Binance chain has recently attended the Delta Summit, which is an official cryptocurrency event organized by the Government of Malta. Binance Coin Price Analysis: On September 08, Binance Coin was trading around 22.67 USD. From there, 25-days hence, today,...
Venezuelan Exchange Rolls Out Crypto Debit Card with Petro Support
3.10.2019
Venezuelans get a crypto debit card without fiat
5 Educational Resources That Will Level up Your Cryptocurrency Knowledge
2.10.2019
Crypto is a constant learning curve. Keeping pace with developments in bitcoin, blockchain, and the ever-evolving cryptocurrency ecosystem feels like a full-time job, and that’s just for experienced heads. For novices, it’s tough enough working out where to even start. While crypto...
Customs Agents Seize Crypto Mining Units Smuggled out of Mongolia
2.10.2019
Russian customs seizes cryptocurrency mining devices at Mongolian border
ConsenSys and WWF Roll Out Platform for Transparency in Philanthropy
28.9.2019
ConsenSys and the World Wildlife Fund have launched the Impactio platform to trace spending within philanthropy
New Malware Swaps Out Crypto Wallet Addresses as You Type Them
27.9.2019
A newly discovered piece of malware can secretly steal your crypto wallets and passwords