Tagged: cryptocurrency

January 20, 2020 @ 1:21 pm By Samantha Hurst  |  

UK-based next-generation banking platform Cashaa recently announced the launch of its new “Crypto Business/Broker” account. According to Cashaa, the account was created to ensure crypto businesses/brokers are compliant with the FCA’s new rules for anti-money laundering and counter-terrorist finance and Fifth Money Laundering Directive (5AMLD)…. Read More

January 16, 2020 @ 8:47 am By Samantha Hurst  |  

DrawBridge Lending, d/b/a DBL Digital,  a commodity pool operator and trading advisor that helps investors monetize bitcoin and other cryptocurrency holdings through investment and financing products,  announced on Wednesday it has expanded their product offering for cryptocurrency investors utilizing services offered by Gemini Trust Company, LLC,… Read More

January 9, 2020 @ 8:18 am By Samantha Hurst  |  

European investment platform Bux announced on Thursday it has acquired Blockport, a social cryptocurrency investment platform based in Amsterdam. Bux reported that the acquisition will further expand its service offerings and will continue to drive its mission to become a single designation for young investors… Read More

January 8, 2020 @ 4:18 pm By Samantha Hurst  |  

Telegram announced on Tuesday that despite the rumors it is not planning to integrate its message app with its cryptocurrency token wallet. The platform noted that until now it has not addressed any rumors in the past while its team was working on building the… Read More

January 6, 2020 @ 2:02 pm By Samantha Hurst  |  

Blox.io, a platform for cryptocurrency management, accounting, and cost basis, announced on Monday the launch of its integration with the æternity protocol, which is a scalable smart contract platform that enables interaction with real-world data. According to Blox, the new integration will provide æternity users… Read More

January 6, 2020 @ 9:22 am By Samantha Hurst  |  

TaxBit, a U.S.-based cryptocurrency tax automation software provider, announced on Monday it secured $5 million through its latest seed funding round. Participants of the round included TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, and Album VC,… Read More

January 5, 2020 @ 11:33 pm By Samantha Hurst  |  

Burger King in Venezuela will soon be allowing Bitcoin as a form of payment. According to Cointelegraph, a single Burger King branch, which is located in the Sambil area of Caracas, now accepts Bitcoin as well as altcoins Ether (ETH), Litecoin (LTC), Binance Coin (BNB),… Read More

January 3, 2020 @ 8:59 am By Samantha Hurst  |  

OKEx, a Malta-based digital assets exchange, announced on Friday its USDT-margined futures trading has recorded an all-time high in trading volume with over $4 billion USDT (record of $41,877,476,728 USDT as of January 1st) after going live on November 14th, while USDT-perpetual swap trading has been a strong force to… Read More

January 2, 2020 @ 9:15 pm By Samantha Hurst  |  

South Korea officials are reportedly causing some confusion with the latest drafted legislation that will tax individual crypto profits. According to Cointelegraph, South Korea’s officials stated that under current law, the government cannot impose income taxes on individual profits that are from cryptocurrency transactions. South… Read More

January 2, 2020 @ 3:59 pm By Samantha Hurst  |  

  Following the celebration of the new year/2020’s, Coinbase’s Co-Founder and CEO, Brian Armstrong, revealed his thoughts about cryptocurrency’s progress over the past decade. He observed the following: Armstrong stated that Bitcoin did not fail, as many predicted. He stated: “It’s easy to forget, but… Read More

January 2, 2020 @ 8:19 am By Samantha Hurst  |  

Hong Kong-based CoinEx Chain Foundation announced on Thursday the launch of its new support program. According to the foundation, the program was designed to support more institutions and individuals to participate in the creation of CoinEx Chain’s ecosystem. “Every quarter, the Foundation will commit up… Read More

December 30, 2019 @ 2:56 pm By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, recently announced its cryptocurrency predictions for 2020. The company’s executive team discussed their thoughts about digital currency and what they expect in the upcoming year. Sharing his thoughts, CEO of Ripple, Brad Garlinghouse, stated: “I think… Read More

December 28, 2019 @ 12:38 am By Samantha Hurst  |  

  Earlier this week, YouTube was reportedly accused of deleting cryptocurrency education videos through its video-sharing platform. Although the allegations appear to be accurate, Coindesk reported that YouTube called the video purge a mistake. Following the deletion of apparently millions of videos, YouTube notably restored… Read More

December 27, 2019 @ 10:13 am By Samantha Hurst  |  

Digital asset ecosystem company Circle is planning to focus its efforts on stablecoins globally, dollars on public blockchains (USDC) specifically, in the upcoming year. Circle reported that its 2020 product roadmap sees this “focus” emerging first in the form of new global payment, custody, and… Read More

December 26, 2019 @ 10:59 pm By Samantha Hurst  |  

The Bahamas’ Central Bank announced earlier this week that it will introduce a digital version of the Bahamian dollar, starting with a pilot phase in Exuma later this month, and extending in the first half of 2020 to Abaco. According to the bank, this initiative… Read More

December 26, 2019 @ 1:41 pm By Samantha Hurst  |  

Privacy Coin Zcoin (XZC) announced on Thursday the launch of its new crowdfunding system (ZCS) in an effort to decentralizing funding and decision making of the project. The platform revealed: “The Zcoin team intends for the ZCS to serve as a transition from funding directly… Read More

December 26, 2019 @ 9:02 am By Samantha Hurst  |  

Non-profit cancer research organization American Cancer Society is now accepting bitcoin donations through its collaboration with global blockchain payments provider BitPay. According to Coindesk, BitPay has handled more than $50 million in donations since 2017 for various organizations, including American Red Cross, BitGive Foundation, United… Read More

December 26, 2019 @ 8:09 am By Samantha Hurst  |  

The National Agency of Project Management in Uzbekistan announced earlier this week the first license for the implementation of cryptocurrency exchanges activities has been issued. The organization reported that in accordance with the Decree of the President of the Republic of Uzbekistan dated September 2,… Read More

December 24, 2019 @ 8:38 am By Samantha Hurst  |  

Rakuten Wallet, Inc., a consolidated subsidiary of Rakuten Group and operator of a crypto asset (virtual currency) exchange business, announced on Tuesday it has launched a new service that enables users to convert Rakuten Super Points from Rakuten Group’s loyalty points program to crypto assets… Read More

December 23, 2019 @ 9:39 am By Samantha Hurst  |  

Cryptocurrency exchange platform Coinbase is reportedly set to shut down the cryptocurrency learning platform, Earn.com. This news comes just a little over a year and a half after Coinbase acquired Earn.com. As part of the acquisition, Earn’s Co-Founder and CEO, Balaji Srinivasan, joined Coinbase and… Read More