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Japan’s E-commerce Leader Rakuten Publicly Unveils Its Cryptocurrency Exchange
19.8.2019
Rakuten, Japan’s e-commerce giant, has publicly unveiled its digital currency exchange called Rakuten Wallet. The company made an official announcement on Monday in which it disclosed that the users could begin spot trading activity through a dedicated mobile application in three digital currencies...
Philippines Increasingly Crypto Friendly – A Look at Driving Forces
18.8.2019
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community...
Lendingblock receives License as DLT Provider from GFSC Supported by ISOLAS
17.8.2019
Lendingblock, the open trade for institutional lending and borrowing of digital assets has obtained a License as a DLT (Distributed Ledger Technology) provider from the GFSC (Gibraltar Financial Services Commission) upheld by the blockchain law office, ISOLAS. This License is a significant...
How Coinbase Quietly Became the World’s Biggest Bitcoin Bank
17.8.2019
On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with...
Ron Paul Slams Fednow Payment System and Encourages Crypto Competition
15.8.2019
Ron Paul, the muckraking former congressman from Texas, is stirring things up once again, this time taking aim at the new real-time digital payment system proposed last week by the U.S. Federal Reserve. Presented as an innovative solution by government and media voices, the cryptosphere received...
Central Banks Worldwide Testing Their Own Digital Currencies
15.8.2019
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden....
Bitcoin’s Surging Dominance – Is This Time Really Different?
15.8.2019
Bitcoin's share of the total crypto market is rising rapidly, but is that necessarily good news for the sector?
Anti-Corruption Group Proves Crypto’s True Power: You Can’t Confiscate Math
14.8.2019
Last week in Russia, state agents tore apart the offices of FBK, a privately funded anti-corruption foundation, freezing group assets and more than 100 bank accounts. Officials are using suspicion of money laundering as justification for targeting the largely bitcoin-funded group, possibly in a...
RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court Today
14.8.2019
The Indian supreme court resumed hearing the writ petitions against the banking restriction by the central bank, the Reserve Bank of India (RBI), on Wednesday. Many issues were discussed, ranging from the legality of the RBI action to the classification of crypto assets and how each country...
Say Hi to ‘Smart Beta BTC Index,’ launched by IDX Insights
14.8.2019
Here is the brand new launch by IDX Insights- the ‘smart beta BTC Index.’ It is basically a crypto index that makes use of smart beta construction method. The objective is to offer a controlled risk allocation and therefore, control volatility of the crypto assets. The IDX crypto Index is aiming...
Humble Starting of a Beast: DeFi Ecosystem has $481 Million locked in
13.8.2019
DeFi (decentralized finance) is the new hot sector in the crypto sphere, and it is growing at a fast pace to take over the conventional financial systems, giving decentralized freedom to the users all across the world. For instance, InstaDApp, and Compound, which are ETH based decentralized...
SEC Requests Freeze on Assets in Connection With Alleged $15M ICO Fraud
13.8.2019
The SEC is prosecuting a New York businessman in connection with ICO fraud and is seeking immediate relief
How Bridging Blockchains Unlocks Value and Unites Crypto Tribes
12.8.2019
Interoperability is a multisyllabic word for a multi-faceted problem. How do you get blockchains to communicate with one another? Until recently, there’s been no easy way to achieve this, leaving assets isolated and smart contract-powered dapps siloed on their respective protocols. Before...
EY Hired to Help Develop Blockchain-Based Fine Wine Trading Platform
12.8.2019
A fine wine investment trading platform that tracks the origin and quality of assets on a blockchain has selected EY to provide technology services
Crypto Regulations Are Changing Worldwide to Comply With FATF Standards
12.8.2019
Governments worldwide are changing the way they regulate crypto assets to comply with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Some are amending existing laws, while others are creating a new system to cooperate and share data. Also read: China Publishes...
Cobo, the Leading Cryptocurrency Wallet Connects with Binance Coin
11.8.2019
Cobo wallet will permit the Binance Coin holders, to access the decentralized applications, which also includes FOMO3D, CryptoKitties, and much more. Cobo’s association with the digital assets like EOS, TRX, ETH, and different projects implies that the wallet enables its clients to access...
India Plans to Introduce Crypto Bill Next Parliament Session – A Look at Community Responses
10.8.2019
The Indian government has submitted a draft crypto bill to the supreme court and expressed its intention to introduce the bill in the next parliament session. The court subsequently set a new date to hear the case relating to crypto regulation. Meanwhile, the Indian crypto community has ramped...
Tokens Built on Bitcoin Cash Are Cheaper to Send Than Those of Rival Networks
10.8.2019
Satoshi Nakamoto’s Bitcoin technology has inspired a lot of innovation spawning a myriad of tokens representing digitized assets. There are now token creation systems on blockchain networks like Omni Layer, Counterparty, and Ethereum. Each framework comes with the cost of sending tokens...
Ripple Invests in Equilibrium Connect for the Growth of Inter-ledger Ecosystem
10.8.2019
Xpring, the development arm of Ripple, will be supporting Equilibrium Connect as per the reports. The start-up is focused on creating open-source tools for the inter ledger protocol to encourage more business houses and people to use it. Ripple developed the ILP solution to help the financial...
US Exchanges Race to Launch Regulated Physically-Delivered Bitcoin Futures
9.8.2019
The race to launch regulated physically-delivered bitcoin futures is back on for three US-regulated trading platforms after one of them hit a snag with the country’s derivatives regulator, the Commodity Futures Trading Commission. Two other exchanges are racing to launch similar products this...