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Turkish Crypto Ind to Grow via Pundi X & OVO Dijital Deal
9.7.2021
Considered a frontier blockchain portal devoted to designing powerful solutions, Pundi X is looking forward to achieving new heights with its strategic partnership with OVO Dijital Servisler A.S., a Turkey-based mobile payment facilitator. Working as a platform-as-a-solution firm, OVO Dijital will...
Binance CEO Changpeng Zhao Ponders Regulation: ‘Compliance Is a Journey’ in Crypto
9.7.2021
Binance CEO Changpeng Zhao stated his take on the recent regulatory crackdown Binance is facing. In a blog post, Zhao explains Binance aims to comply with local regulations. However, he also stated cryptocurrency was a nascent industry, and there are a lot of uncertainties in the field. Binance...
11% of Central Bankers Consider ‘Cryptocurrencies Like Bitcoin’ Gold Alternatives: UBS Survey
9.7.2021
A UBS survey finds that central bankers see benefits in investing in cryptocurrencies like bitcoin. 28% see benefits from cryptocurrency being an uncorrelated asset and “11% would consider it as an alternative to gold.” Central Bankers See Benefits in Investing in Cryptocurrencies Like...
Yield App Launches DeFi Bitcoin Fund, Gives Users up to 12% APY
9.7.2021
PRESS RELEASE. ESTONIA — JULY 8, 2021 — YIELD App, the decentralized finance (DeFi) wealth management platform bridging traditional and digital finance, is pleased to announce the launch of its Bitcoin Fund, allowing users to earn high-interest returns on the world’s biggest...
Visa and 50 Crypto Platforms to Enable Cryptocurrency Payments at 70 Million Merchants
9.7.2021
Visa Inc. announced Wednesday that the transactions via crypto-linked Visa cards exceeded $1 billion in the first quarter. The company further said that it is partnering with 50 major cryptocurrency platforms “to launch card programs that make it easy to convert and spend digital currency...
Bank of America Establishes Cryptocurrency Research Team
9.7.2021
Bank of America has become the latest major bank to make a foray into the cryptocurrency sector. According to an internal memo, the bank has created a team dedicated to researching cryptocurrencies. Bank of America believes that it is “uniquely positioned to provide thought leadership”...
Crypto Exchange Binance.us Hires Former Financial Regulator
8.7.2021
Binance.us has hired Manuel Alvarez, a former financial regulator from California, to work as its chief administrative officer. The San Francisco-based crypto exchange, which sources technology from Binance, is aiming to deal with “the big question” — compliance. Binance.us...
3 reasons why Ethereum exchange reserves are falling to new lows
8.7.2021
Ethereum held in exchange reserves reached a new low after a surge in Ether staked in Eth2 and the approach of the long-awaited London hard fork
Santander's UK arm follows Barclays in banning payments to Binance
8.7.2021
The bank said would be “following the FCA’s warning to consumers” in blocking payments made to the crypto exchange
FLOW faces 20% crash risk after intraday pump-and-dump
8.7.2021
A recent rundown in the FLOW market has activated a bearish technical pattern, risking huge declines in the sessions ahead
EU Mulls AML Authority and New Rules for Crypto Transfers, Documents Suggest
8.7.2021
The European Union is preparing to set up an anti-money laundering agency to coordinate national supervisory authorities. According to a media report based on EU documents, the bloc also plans to impose new rules to increase transparency for cryptocurrency transfers. Europe Steps Up Anti-Money...
US Senator Warren Presses SEC to Use ‘Full Authority’ to Regulate Cryptocurrency Trading
8.7.2021
U.S. Senator Elizabeth Warren has warned of the growing risks of cryptocurrency trading. She recently called on the U.S. Securities and Exchange Commission (SEC) to “use its full authority to address these risks,” adding that “Congress must also step up to close these regulatory...
Alium.finance Now Integrated With Ethereum Network
8.7.2021
Alium.Finance has announced that it has completed its decentralized exchange (DEX) integration with the Ethereum network. This can be certainly regarded as a milestone for the project and will allow the user of DEX to leverage immense opportunities available on the blockchain network of Ethereum....
Revolutionary Ecosystem Developed by Synapse Network Opens up Cross-Chain Investment Opportunities
8.7.2021
Synapse Network is developing the first cross-chain investment ecosystem based on blockchain technology. It will offer five cross-chain products for the cryptocurrency sector, including a DEX and DeFi marketplace, saving a lot of time and effort to everyone frustrated with the current fractured...
Crypto usage in Turkey jumped by elevenfold in a year, new survey shows
8.7.2021
A new survey conducted in Turkey reveals how the perception of cryptocurrencies evolved over the last year
Argentine Lawmaker Presents Bill Enabling Workers to Receive Salary in Cryptocurrency
8.7.2021
A bill has been introduced in Argentina to allow workers to receive their salaries in cryptocurrency. He explained the idea is that workers “can strengthen their autonomy and conserve the purchasing power of their remuneration.” Argentina’s national deputy for the Mendoza...
Chainlink Consolidates With Trader Joe for Leveraged Trades
8.7.2021
The all-inclusive decentralized crypto exchange platform, Trader Joe, plans to consolidate on the smart contracts blockchain firm Avalanche through Chainlink. Through this alliance with the Price Feeds peculiarity of Chainlink, the exchange platform can pave the way for a decentralized established...
Poland financial regulator issues public warning about Binance
8.7.2021
The cryptocurrency market is “neither regulated nor subject to supervision” to the Polish Financial Supervision Authority, the regulator said
Young Koreans' debt soars as they turn to crypto, stocks and real estate
8.7.2021
Millennials and Gen Z in South Korea have been struggling to survive an economy characterized by high asset inflation and suppressed wages
APAC Expansion of Gemini Wins International Attention
8.7.2021
Gemini is celebrating the first anniversary of its Singapore-based operation and is looking forward to creating crypto and financial markets in the Asia Pacific (APAC) region, according to Gemini review reports. Reserved against the support of the Singapore Dollar, Gemini is currently focusing...