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Crypto Facilitates Money Transfer for Restricted China

14.9.2019
Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in...

Crypto Banking Expands With Positive Interest Rates and New Services

9.9.2019
Banking, in the traditional sense of the term, has become a financial burden for account holders in regions where the era of subzero interest rates has already set in. European nations like Sweden, Denmark, Switzerland, and Eurozone countries have been in negative territory for some time, and banks...

As Crypto Markets Go Cold, Who Will Pay for Open-Source Code?

5.9.2019
Formerly a CoinDesk Contributing Editor, Daniel Cawrey is author of the upcoming “Mastering Blockchain” book to be published by O’Reilly Media. Earlier this year IBM purchased Red Hat, the oft-referred to model for how open source can thrive, for $34 billion. Long the consultant to enterprises,...

Why the Birth of Bitcoin Can Be Traced Back to 1971

1.9.2019
The world economy is a complex system that has undergone many different phases in the past century. As strange as it may sound today, there have been times when banking crises were rare, pay was rising alongside productivity, and the U.S. dollar would buy a certain amount of pure gold. Despite...

Subdivision of SBI Holdings to Pay XRP as Its Shareholders Dividend

30.8.2019
MorningStar Japan, a division of SBI Holdings, has announced to pay out its shareholders’ dividends in Ripple (XRP) token, according to the latest reports doing the rounds. SBI Holdings is the investment wing of the SBI Group, a financial services biggie of Japan. As per the official announcement...

Venezuela: Gov’t Crypto-remittance Platform Opens as Crypto-pay Booms

28.8.2019
Cryptocurrencies are once again making the headlines in Venezuela – with a chain of pharmacies set to accept crypto pay, a government-run crypto-remittance platform now “fully operational” and a crypto-friendly department store claiming crypto pay success. As previously reported, Venezuela’s...

Craig Wright ‘to Pay BTC 1m’ as Judge ‘Rejects’ His Testimony

27.8.2019
Bitcoin pioneer Craig Wright could be set to lose a whopping 50% of the BTC tokens he mined with his now-dead business partner David Kleiman – a figure that could be as high as BTC 1 million. A Twitter user claiming to have attended the latest court hearing in the case said that the presiding judge...

Pundi X Strikes Deal in Venezuela, Mobile Operator Embraces Crypto Pay

21.8.2019
Another two announcements just showed how crypto adoption is growing. This time, the news came from Austria and Venezuela. One of Austria’s biggest mobile network operators, A1, is to accept in-store payments in six popular cryptocurrencies including Bitcoin at selected stores – with a view...

‘Pay Your Friends’ and Earn Rewards with Crypto.com

20.8.2019
Crypto.com has launched its latest feature called- ‘Pay Your Friends.” This brand new launch will replace the old Venmo with crypto, as per the announcement the platform made on Twitter. Those who are already signed up on the platform can start enjoying instant payments and crypto transfers....

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