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New Evidence Escalates Panic as RBI Still Limits Bank Withdrawals
2.10.2019
Customers of a cooperative bank with 137 branches across India still do not know the fate of their money, which was restricted by the central bank. Evidence of alleged bank fraud has since surfaced, but the RBI still insists that India’s banking system is safe, despite many citizens being...
Financial Services Giant Morningstar to Offer Ratings for Crypto Assets
2.10.2019
Morningstar Credit Ratings is planning a rating system for tokenized debt securities to make the emerging asset class more credible for investors
How G20 Central Bank Digital Currencies Are Progressing
2.10.2019
Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. Experts have weighed in on their expectations of when the first G20 digital currency will...
Coinbase Forms Crypto Rating Council (CRC) to Help Traders Comply with US securities Law
1.10.2019
Cryptocurrency exchange Coinbase has announced a member organization called Crypto Rating Council, which aims to assist the crypto traders to comply with the US federal securities law. The council was formed along with Bittrex, Kraken, Circle, DRW, Anchorage, Cumberland, Grayscale investments,...
Crypto Investors KR1 Thank Cosmos Network for $5.6M Profit in H1 2019
1.10.2019
European digital asset investment firm KR1 posts $5.6 million profit for the H1 2019 mainly due to the launch of Cosmos network
Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund
1.10.2019
The Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s BTC reserves. Wave Financial’s crypto fund commencement is part of a growing trend toward launching BTC derivatives products....
Fidelity Digital Assets to Provide Custody for Bitcoin Derivatives Yield Fund
30.9.2019
The Los Angeles-based Wave Financial has launched what it touts as the first crypto-derivatives-based yield fund on the market
Custody Services for Digital Assets: Everything You Need to Know
28.9.2019
Custodial solutions for Bitcoin are improving rapidly, making room for large financial institutions to participate
SEC Commissioner Speaks Positively About Digital Assets Despite Recent Enforcement Flurry
28.9.2019
The U.S. Securities and Exchange Commission (SEC) regularly draws the ire of crypto proponents who are frustrated at its failure to support innovation and entrepreneurship. Despite this, some have warmed to the agency’s opinionated commissioner Hester Peirce, who has adopted the moniker...
Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin
27.9.2019
Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central...
Without Disobedience, Bitcoin Is No Better Than Gold
27.9.2019
With the launch of Bakkt’s bitcoin futures market and Binance’s revamped U.S. exchange, there’s been a lot of talk in the space about institutionalization and traditional money flowing into crypto. It’s almost as if some believe that Bitcoin can’t scale as a purely...
Bithumb Global 1.0 Officially Launched with New Fiat-to-Crypto Features and More
27.9.2019
Leading South Korean cryptocurrency exchange, Bithumb Global (BG), is now sternly positioned to become the number one digital asset exchange across the global crypto market. The platform that supports court currencies, staples, and fluent crypto transactions anywhere in the world, had already...
Protests Led RBI to Raise PMC Bank’s Withdrawal Limit
27.9.2019
The Reserve Bank of India has relaxed the withdrawal limit of 1,000 rupees (approximately $14) it placed on a cooperative bank a couple of days ago. The central bank said it aims to reduce the hardship of depositors after many heavy protests followed its original order. Also read: Panic at 137 Bank...
Bitflyer Adds Bitcoin Cash Trading Across Europe and the US
27.9.2019
Bitflyer has added a selected number of new cryptocurrencies for its European and American clients to trade. Bitcoin cash (BCH) is among the few digital assets now available to buy and sell on all licensed platforms operated by the Japanese company. Also Read: NASA to Launch Bitcoin to the Moon?...
What Bancor’s Upcoming Airdrop Means for the Defi Community
26.9.2019
In December, liquidity token-swapping protocol Bancor will conduct a snapshot of the balances of all BNT holders, who will then be airdropped the equivalent of 10% of BNT’s market cap. As a result, millions of dollars will be shared with around 60,000 token-holders. While the value this brings...
Swiss Banks Team With Fintechs to Enter the Crypto Space
25.9.2019
Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards...
Announcing Abuja Blockchain & Digital Assets Conference 2019
25.9.2019
Blockchain-based solutions have the potential to make government operations at different levels more efficient and improve the delivery of public services, while simultaneously increasing trust in the public sector. For this to happen, education is key — getting the right people at the federal...
Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000
25.9.2019
The Reserve Bank of India has imposed regulatory restrictions on a cooperative bank with 137 branches across India, including limiting customer withdrawals to a total of 1,000 rupees (approximately $14) per account for six months. Police personnel had to be deployed to control angry customers...
Market Update: Low Volumes and Uncertainty Shake Crypto Traders
24.9.2019
The majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only...
Four Swiss Firms Obtain funding from EU to Create Secure Quantum Communication Infrastructure
24.9.2019
Earlier this month, the European Commission announced the launch of OPENQKD, a project that will install test quantum communication infrastructures in several European countries. The 3-year research project, as suggested by its developers, would be critical in the fields of telecommunications...