Search
CFTC labels 34 crypto and forex firms as unregistered foreign entities
14.7.2022
"Customers engaged in transactions with these entities may not receive the benefit of the customer protections, safeguards, and guardrails,” said CFTC commissioner Kristin Johnson
Data transfer network Plaid integrates 4 major crypto exchanges
14.7.2022
The San Francisco-based fintech company now supports Binance.US, Gemini, Robinhood and SoFi accounts
CoinFLEX resumes withdrawals, limiting users to 10%
14.7.2022
Since halting user withdrawals three weeks ago, CoinFLEX has announced plans to reclaim up to $84 million in owed funds
Why is there so much uncertainty in the crypto market right now? | Market Talks with Crypto Jebb and Crypto Wendy O
14.7.2022
Why is there so much uncertainty in the crypto market right now? Join us as we try to figure it out with Tim Warren, co-host of Coffee N Crypto, and Crypto Wendy O
ECB Calls for Urgent Regulation of Stablecoins and Defi, Won’t Rule Out Bitcoin Mining Ban
14.7.2022
A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi). It also addresses the hot topic of Bitcoin’s carbon footprint...
Bitcoin trading volumes post new high in Philippines peso on Paxful
14.7.2022
Weekly Bitcoin trading volumes in the Philippines peso were steadily growing on Paxful this year and eventually hit a new high in July
Thunes Partners Attijariwafa Bank to Expand Payout Services
14.7.2022
Thunes recently partnered with the Attijariwafa bank to expand its bank payment services across Morocco. The global payments provider will enable over 30 million bank account holders in Morocco to get inbound payments into their accounts. As one of the biggest financial entities in Africa...
Why Migrants Are Turning to Crypto: The Key to Attaining the UN Goal to Reduce Remittance Costs to Less Than 3% by 2030
14.7.2022
The cost incurred by African migrants or expatriates when sending funds via the so-called formal corridors remains way above the UN target of less than three percent, the latest data from the World Bank has shown. On the other hand, the cost is much lower than the target when cryptocurrencies...
Study: 14% of Saudis Are Crypto Investors, 76% Have Less Than One Year of Experience in Cryptocurrency Investment
14.7.2022
About 14% of Saudi residents are either current crypto investors or have traded crypto in the past six months, the latest Kucoin study has found. The study has also found that 76% of investors have less than one year of experience and thus may be in need of relevant crypto education. Crypto Winter...
State-Owned Swiss Bank Postfinance to Offer Clients Direct Access to Crypto Market
14.7.2022
Swiss post office’s banking unit, the state-owned Postfinance, is reportedly preparing to enter the crypto market. “Our clients want direct access to this market through their house bank.” Swiss Post Office’s Banking Arm to Enter Crypto Market The banking and financial...
EU Regulator Warns About Crypto — Questions Whether Many Will Survive
14.7.2022
European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question” about whether many crypto assets will survive. ESMA Chair on Crypto Risks...
3 reasons why Bitcoin is struggling to flip $20K to support
13.7.2022
BTC continues to sell-off, but analysts say investor sentiment could reverse when inflation peaks or traders feel that the situation with insolvent DeFi platforms is resolved
Is Crypto a Good Idea Right Now? An in-depth Look at Big Eyes (BIG) & Binance Coin (BNB)
13.7.2022
The crypto market can be a scary place to navigate, and the recent crypto greed and fear index indicates many are worried about expanding their crypto wallets. However, platforms have expanded their target market by introducing new partnerships relating to pop culture and expansive upgrades that...
eCash Returns to Aug 2021 Levels; Can XEC Reclaim Previous Highs?
13.7.2022
eCash is the subsequent development of the Bitcoin Cash ABC that was forked away from the original Bitcoin & BCH. Bitcoin Cash came into existence after a split among the supporters of Bitcoin in August 2017. The split resulted in a 1:1 exchange value for each BTC. Thus, BCH supported...
Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks
13.7.2022
A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries and banks. Russian Developers Create...
Celebrities Matt Damon, Gwyneth Paltrow, Larry David Mocked for Crypto Promotions in New South Park Movie, Albeit in a Terrible Way
13.7.2022
Several world-known celebrities, such as Matt Damon, Gwyneth Paltrow, Larry David, Naomi Osaka, and Reese Witherspoon, have been mocked for their crypto promotions in the new South Park movie that aired last night, and not in a good way.
While this is not the first time these celebrities have...
Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners
13.7.2022
President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The levy will depend on the amount and average price of electricity utilized in the extraction of digital currencies like bitcoin....
Here's the 'Final Guidance' on 'Stablecoin Arrangements' by BIS and IOSCO
13.7.2022
The Bank for International Settlements (BIS) wants to create a set of standards for the stablecoin industry that will cover payments, clearings, and settlements.
In a report released today and shared with Cryptonews.com, the BIS’ Committee on Payments and Market Infrastructures and...
Picpay to Offer Cryptocurrency Services in Brazil to More Than 60 Million Customers
12.7.2022
Picpay, one of the most popular payments fintech companies in Brazil, has announced that it will start including cryptocurrency services in its app. The company explained that these services will include the possibility of purchasing crypto and processing payments with crypto directly. Picpay...
AMP Reaches to Year Lows; Can It Bounce Back to All-Time Highs?
12.7.2022
AMP token was suddenly a thunderous response after the first few months of mummed momentum since its release in September 2020. The spike in the first half of 2021 was legendary but now obvious as it was a good few months for the entire crypto markets. Unlike the major cryptocurrencies, AMP could...