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German Fintechs Rush to Offer Crypto Custody Services Under New Law
13.12.2019
Fintech companies in the Federal Republic are quickly moving to develop and offer custodial solutions for digital assets under the new German legislation that will allow banks to store, transfer and trade cryptocurrencies next year. Berlin-based Solarisbank has established a subsidiary that will...
China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan
12.12.2019
China has been confronted with multiple economic and financial problems this year amidst an ongoing trade war with the United States. Authorities in Beijing have been trying to overcome the challenges with administrative measures in what has become a market economy over the years. Inflation of...
CBD Coffee Company Leverages Censorship-Resistant Nature of Crypto
11.12.2019
On December 8, the U.S.-based coffee firm that uses cannabidiol (CBD) in its product, Crazy Calm, launched a promotion that aims to send $5 per order to the charity EatBCH. The founder of Crazy Calm, Matt Aaron, also detailed that the startup wanted to leverage the payment processor Shopify but...
A Reality Check: Blockchain and DLT in International Trade
9.12.2019
Would blockchain help to bring global trade to a digital era? An overview of a new TFG’, WTO’ and ICC’s study
Why Is It Better to Trade Bitcoin with CFDs?
9.12.2019
Although the adoption of cryptocurrencies has increased significantly in recent years, digital currencies are still far from replacing our fiat currencies. Yet, no one can deny that cryptocurrencies have proven the usefulness of blockchain technology and Distributed Ledger Technology (DLT). Thanks...
First Blockchain Free Trade Zone in China + More News
5.12.2019
White GuanYin statue in Hainan. Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
The Chinese island province of Hainan is set to create the nation’s first blockchain...
China’s Hainan Free Trade Zone Pledges $140M in New Blockchain Support
5.12.2019
China’s Hainan Free Trade Zone has pledged $140 million to developing blockchain in the pilot jurisdiction
The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History
4.12.2019
Since mid-September, the Federal Reserve has injected three trillion U.S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame...
NATO Summit Opens a Space for Dialogue on Trade Between US and EU
4.12.2019
Since the day President Trump assumed office, he took severe measures against the American allies who have been allegedly taking advantage of American mammoth economic power. After Trump’s decision to move out of the ambitious Trans-Pacific Partnership deal, there have been rumors that...
Stellar (XLM) Falls to Trade at the Previously Formed Support Around $0.055
3.12.2019
Stellar trades at $0.055; holds a strong bearish outlook The month of December started with a fall, as the price of XLM dropped from $0.059 to $0.055 The technical indicators exhibit the selling pressure and lack of support from the moving averages Stellar currently trades below 23.60%...
New German Law Might Allow Banks to Store, Trade Crypto
29.11.2019
Germany’s federal parliament Bundestag has reportedly passed a bill that is to allow the country's banks to store and sell cryptocurrencies next year. However, the legislation is awaiting the approval of the Bundesrat, the parliament’s chamber that represents Germany’s 16 federal states.
The latest...
US Judge Denies Customer’s Plea to Quash IRS Bitstamp Inquiry
28.11.2019
A Washington Western District Court judge has rejected petitioner William Zietzke’s appeal to stop the U.S. Internal Revenue Service (IRS) from accessing his Bitstamp trade data. An IRS summons invoked Zietzke to file a petition to quash the tax agency’s investigation into his private...
Cardano Trades Above $0.038 After a Week of Doomed Trade; Soars by Over 15%
28.11.2019
Cardano trades at $0.038, after nearly a week of a downtrend ADA has hit the lowest at $0.0330 on November 25, 2019 Currently trades with a 15% when compared with the lowest in the said time frame Important to note that Cardano (ADA) is currently trading with a growth of over 6% in the past...
Looking To Invest In Cryptocurrency? Tron Is the Best Crypto to Day Trade
27.11.2019
The use of digital currencies in payment applications continues pushing the global cryptocurrency market today. According to recent reports, the digital currency market will reach USD 1.40 billion by 2024. For an industry that started only in 2009 with the launch of bitcoin, this is a remarkable...
Bitcoin Cash (BCH) Seems to Trade with Illusion
27.11.2019
Bitcoin Cash records over 8% gain from dipping at $192.2 to currently trading around $209.1 BCH soars as high as $216.5 just when Bitcoin hit above $7,300 Gains slight support from the short-term MA, while still trading under selling pressure Bitcoin Cash records a notable growth after having...
BNY Mellon Aims to Go Live ‘ASAP’ on Trade Finance Blockchain Marco Polo
26.11.2019
Bank of New York Mellon has joined the Marco Polo trade finance consortium running on R3’s Corda, becoming the 28th bank to do so
The bloodbath continues
25.11.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 25 November, 2019 “Respect for ourselves guides our morals, respect for others guides our manners.” - Laurence Sterne In today's newsletter, we will be covering: Oman seeing first trade finance transaction on blockchain Philippines...
The bloodbath continues
25.11.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 25 November, 2019 “Respect for ourselves guides our morals, respect for others guides our manners.” - Laurence Sterne In today's newsletter, we will be covering: Oman seeing first trade finance transaction on blockchain Philippines...
Oman Sees First Trade Finance Transaction on Blockchain
23.11.2019
Oman Oil and Orpic Group and HSBC Bank Oman SAOG carry out the country’s first blockchain trade finance transaction
Vermont Utility Customers to Trade Renewable Energy Credits on LO3 Blockchain
21.11.2019
With an ambitious 100% renewables goal by 2025, the new marketplace by Green Mountain Power and LO3 Energy is an eco blockchain play