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Paypal Exits Libra – Mastercard and Visa May Follow
6.10.2019
Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out. Paypal has now reportedly left the group due to regulatory concerns. Libra...
Bank Raided, Arrests Made but RBI Still Restricts Withdrawals
6.10.2019
The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their...
McAfee to Launch Decentralized Token Exchange With No Restrictions
6.10.2019
On the heels of launching his crypto platform, McAfee Magic, the former antivirus software tycoon John McAfee plans to launch a distributed exchange on Monday, October 7. ‘McAfeedex’ will run on the Ethereum blockchain and McAfee insists the exchange will have no restrictions. Also...
Turkish Government Freezes Over 3 Million Bank Accounts
5.10.2019
Hundreds of thousands of businesses and individuals with tax obligations to the Turkish state have received foreclosure notices this week informing them about their frozen bank accounts. The government of Turkey, which is struggling with financial and economic problems under geopolitical pressure...
Protesters Wield Tools of Freedom as Hong Kong Imposes Dictatorship
5.10.2019
Four months of protests continue in Hong Kong as the world is witnessing the biggest uprising of political dissent in the territory since the 1997 ‘handover’ from Britain to China. Protesters have recently embraced wearing Guy Fawkes masks but on October 3, Hong Kong’s current...
Bitcoin.com Launches Games Stars Leaderboard – Win BTC Every Week
5.10.2019
To introduce a new flavor to the ever exciting online gaming experience at games.bitcoin.com, we are launching a fresh new promotion where you can win BTC worth $200 every week. The Games Stars promotion sets the stage for 10 players to win from a prize pool of $1000 each week. Are You Our Next...
Data Shows Institutional Interest in Bitcoin Has Diminished
5.10.2019
Last spring and the beginning of summer 2019 saw digital asset markets spike considerably in value, and many speculators assumed the rise was due to institutional investors. However, BTC and a variety of other popular digital asset prices started plummeting in August. Reports now detail that...
Russia Regulates Digital Rights, Advances Other Crypto-Related Bills
4.10.2019
After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy. The country, heavily dependent on energy exports and hurt by Western...
200,000 People Have Signed Ross Ulbricht’s Clemency Petition
4.10.2019
Ross Ulbricht is forced to spend the rest of his life in prison, and October 1 marked the beginning of his seventh year behind bars. Ulbricht has recently authored a letter explaining that he’s “forgotten what freedom actually feels like” and he’s also realized that he lost...
Crypto Investment Group Grayscale Releases Bitcoin Cash Primer
4.10.2019
Crypto investment firm Grayscale has just released “An Introduction to Bitcoin Cash” highlighting the basics of BCH for those who may be yet unfamiliar, or just wish to brush up on the popular token forked from Bitcoin Core on August 1, 2017. With a significant reputation in...
7 Crypto ETPs Now Trading on Main Swiss Stock Exchange
4.10.2019
Switzerland’s principal stock exchange now has seven cryptocurrency exchange-traded products (ETPs) listed. They allow investors to either gain exposure to individual cryptocurrencies or invest in portfolios of top cryptocurrencies. Four ETPs track the prices of single cryptocurrencies. Also...
The Exchange for the New Generation — Bitsoda.com Launches Globally
4.10.2019
The Singapore-based exchange, Bitsoda.com, is the newest force in digital asset trading platforms. Invested by Digital Finance Group with Ledger X, Circle and other well-known blockchain projects in the portfolio, Bitsoda.com stands out with adequate resource and enters global market fast with...
RBI Ban Stops Indian Police From Cashing Out Seized Crypto
4.10.2019
The effects of banking restrictions by the Reserve Bank of India (RBI) have reached an Indian police department. The police sold some cryptocurrencies they seized only to find out that they cannot access the Rs 8.42 crore (~$1.2 million) proceeds due to the current RBI banking ban. Also read:...
Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin
3.10.2019
Last month, the U.K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during...
Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash
3.10.2019
Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat currency as they see fit. Also Read: Bittrex...
Ohio Removes Option to Pay Taxes With Crypto While Local SLP Project Presses Forward
3.10.2019
The state of Ohio has become an unexpected center of American fintech focus in recent years, thanks to remarkable developments at the intersection of crypto, blockchain and government. That said, the online crypto portal that has allowed Ohio businesses to pay their taxes with bitcoin since last...
How to Create an Anonymous Digital Identity Using Cryptocurrency
3.10.2019
If you could go back in time and do the internet all over again, what would you change? Would you think twice about joining Facebook, decline to upload those fancy dress photos from ‘09 and delete that rhetoric-laden blog post instead of hitting ‘Publish’? It’s too late...
German Bank Predicts BTC at $90,000 After Next Halving
3.10.2019
You wouldn’t expect a traditional financial institution to come up with a very optimistic forecast about the future of a cryptocurrency or an honest appraisal of its design. But Bayern LB, a lender based in the rich German province of Bavaria, has surprised the crypto community. In a recently...
Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet
2.10.2019
U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...
SLP Hackathon Produces a Variety of Innovative Token Ideas
2.10.2019
Software developers wrapped up the first Simple Ledger Protocol Virtual Hackathon (SLPVH) which ended on September 30 with the first place prize awarded to the Project Ignite team. The developers’ project, called Hamingja, is a non-tradeable SLP token that utilizes checkdatasig covenants...