LeapRate: Daily Market News: US stocks hit new highs on US-China deal signing

LeapRate: Daily Market News: Markets bounce back

Wednesday, 22 January 2020 12:26

Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 22,... The post Daily Market News: Markets bounce back appeared first on LeapRate . Daily Market News: Markets bounce back was first posted on January 22, 2020 at…

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The Block: Australia could regulate Facebook-led Libra project

Tuesday, 21 January 2020 11:52

The Australian Prudential Regulation Authority (APRA), one of the country’s top financial regulators, has said that it could “potentially” regulate the Facebook-led Libra stablecoin project. In an official submission to a Senate inquiry on fintech, published Monday, APRA said it has proposed a new regulatory framework that…

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The Block: UK’s central bank to explore digital currency

Tuesday, 21 January 2020 13:35

The Bank of England (BoE), the U.K.'s central bank, has officially announced that it will explore potential use cases for central bank digital currencies (CBDCs). The post UK’s central bank to explore digital currency appeared first on The Block.

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CryptoVibes: UK-based Cashaa Unveils a New Banking Service, Offer Crypto-Friendly Accounts

Tuesday, 21 January 2020 15:07

Cashaa, a London-based banking platform, recently unveiled a new crypto-friendly banking service. Their new accounts now offer users cryptocurrency conversions of up to £200 million. A new banking account The new banking account from Cashaa is called “Crypto Business/Broker” and is designed for people and businesses looking…

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ZyCrypto: CBDC: Bank of England and Other Central Banks Form Group To Study Digital Currency Use Cases

Tuesday, 21 January 2020 18:27

The Bank of England (BoE) has announced a coalition of some major central banks around the world to collaborate on digital currencies. The group of seven, including six central banks, will begin to study central bank digital currencies (CBDCs) to “share experience” and find possible use cases…

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BeInCrypto: Bitcoin Only Getting Cheaper as Whale Moves Another $450M for Just $0.25

Monday, 20 January 2020 13:37

A major player in the cryptocurrency market just transferred 51,511 BTC worth around $445M. The total fees cost them only a quarter. Bitcoin is often criticized for being too expensive, but recent transactions prove that the leading cryptocurrency is still far more affordable than retail banking. Although…

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BeInCrypto: Bitcoin’s Potential Intensifies as Student Debt Figures Add to Gloomy Global Outlook

Sunday, 19 January 2020 01:10

Recently, it was predicted that the global debt would reach $250 trillion by the end of the year, painting a gloomy picture of a worldwide economy already on the precipice of a crisis. Adding to this, student debt in the US alone has also been pegged at a…

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The Block: Oklahoma lawmaker proposes state-chartered crypto depository

Friday, 17 January 2020 18:41

A lawmaker in the U.S. state of Oklahoma has proposed creating a state-chartered financial institution to handle cryptocurrencies. The post Oklahoma lawmaker proposes state-chartered crypto depository appeared first on The Block.

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The Block: Alleged ‘shadow banker’ for crypto exchanges moves toward guilty plea on unlicensed money transmission business charge

Friday, 17 January 2020 22:47

Alleged “shadow banker” Reginald Fowler appears set to plead guilty to operating an unlicensed money transmittal business on Friday. In Apr. 2019, Fowler and Israeli national Ravid Yosef were arrested together for allegedly running “a shadow bank that processed hundreds of millions of dollars of unregulated transactions…

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