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Technology itself is deflationary, Diginex CEO says
2.10.2020
Answers on money printing and rising markets during a pandemic
Coinbase customers can now dodge bank withdrawal wait times
2.10.2020
New update from Coinbase quickens the transmutation of crypto into fiat
Open Interest on Bitmex Drops 16%: Investors Withdraw 37,000 BTC in Less Than 24 Hours
2.10.2020
Data from Arcane Research shows that open interest on Bitmex’s bitcoin derivatives market touched a new low of 45,122 BTC on October 1. The figure represents a 16% drop since the CFTC announced charges against Bitmex and its executives for allegedly operating an unregistered trading platform....
Bitmex Charged With US Rules Violations — Owners Face Criminal Charges, Prison
2.10.2020
Cryptocurrency derivatives trading platform Bitmex has been charged with illegally operating in the U.S. Concurrently, its executives, including CEO Arthur Hayes, have been charged with violations of the Bank Secrecy Act and are facing prison sentences. One of the Bitmex founders has already been...
Why the BitMEX charges could be bad news for DeFi
2.10.2020
Charges against BitMEX for weak AML and KYC policies could be bad news for the world of decentralized finance
[aktualita] CFTC: kryptoderivátová burza BitMEX porušuje Bank Secrecy Act
1.10.2020
Americká Komise pro obchodování s komoditními futures (CFTC) obvinila majitele a provozovatele kryptoměnové burzy BitMEX z nelegálního provozu platformy pro derivátové obchodování a porušení zákona proti praní špinavých peněz. Komise dnes oznámila, že podává u civilního newyorkského soudu žalobu...
Australia’s Central Bank Tells ASX to Push on With Delayed DLT Trading Platform
1.10.2020
ASX, the primary stock in Australia, has been told to press on with the blockchain-based replacement to its aged trading system
European Central Bank Moves to Trademark ‘Digital Euro’
1.10.2020
Central bankers have laid a claim to the phrase "digital euro" before deciding whether to actually issue one
A Reality Check is Needed at This Stage of CBDC Development - Deutsche Bank
1.10.2020
What's needed before even discussing a wide implementation of central bank digital currencies (CBDCs) is a reality check, with several major, interconnected issues left to be solved first, stated a report by Deutsche Bank Wealth Management's Chief Investment Office (CIO).
“CBDC is likely to change...
Staffer Embezzled USD 159,000 of Bank Funds to Make Crypto Purchase
1.10.2020
An employee at one of South Korea’s biggest commercial banks stole and embezzled thousands of USD worth of bank funds to make their own crypto investments, a new report has found.
Per Choseh Keumyong Shinmun, the country’s top financial regulator, the Financial Supervisory Service, has this week...
CBDCs Could Challenge US Dollar’s Dominance: Deutsche Bank
30.9.2020
Central bank digital currencies have the potential to challenge the primacy of the U.S. dollar, according to a new report from Germany's Deutsche Bank
Easily Spend Your Bitcoin via Prepaid Debit Card or a PayPal Account with Bitcoin of America’s Easy to Use Trading Platform
30.9.2020
Bitcoin of America offers a number of convenient ways to transfer your bitcoin or litecoin to commonly used USD payment gateways like prepaid debit cards or a PayPal account. Read the guides below to find the method that’s best for you. Most commonly, bank transfers are used to transfer...
Investors Flock to India’s DeFi Scene Months After Central Bank Ban Overturned
29.9.2020
DeFi protocols UniLend Finance and PlotX announced Tuesday they had both successfully completed their seed rounds
Silvergate Bank: How Deep Is the Moat?
29.9.2020
Silvergate Bank has pioneered financial services for crypto startups. But now it faces new rivals. Can it deepen its competitive moat?
South Korean Bank NH Launches Blockchain-powered Document Wallet
29.9.2020
South Korean financial services provider Nonghyup (NH Bank) has begun issuing over a dozen forms of digital certificates using a blockchain-powered system and an e-wallet that will be able to hold hundreds of types of blockchain-verified forms of authentication.
Per the Electronic Times, the bank’s...
European central bank execs are wrong — Intentionally or unknowingly?
28.9.2020
Banking will not become decentralized, but with blockchain, it will become accountable for both banks and clients
US Federal Reserve Actively Working on Digital Dollar
26.9.2020
The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar. Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency. Several Digital Dollar Initiatives The president...
The UN’s ‘decade of delivery’ needs blockchain to succeed
26.9.2020
Emerging technologies are essential to fasten SDGs, but this shouldn’t come at the expense of prudence and careful evaluation
The Bahamas Reveal Details, October Date of Landmark Central Bank Digital Currency Debut
26.9.2020
The Bahamas has unveiled key details powering its historic launch of a central bank digital currency, now slated to debut on October 20
Law Decoded: Transformations in crypto exchanges and traditional institutions, Sept. 18-25
25.9.2020
Maybe one day, drawing distinctions between crypto and traditional finance will seem quaint