BeInCrypto: Russia Poised to Issue Blanket Ban on Cryptocurrency Payments

Blockonomi: South Africa Central Bank Set to Create Clear Cut Crypto Regulations

Wednesday, 04 December 2019 12:16

The South African Reserve Bank (SARB), the country’s apex bank, is reportedly planning to enact policies aimed at restricted local crypto usage. Such a move would signal the first concrete step towards policing the South African virtual currency scene which […] The post South Africa Central Bank…

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BeInCrypto: Bitcoin Price Pumps Following $84M Tether Deposit to OKEx

Wednesday, 04 December 2019 13:43

More than $84 million worth of the controversial stablecoin Tether (USDT) has just been transferred to the Malta-based cryptocurrency exchange OKEx. With some commentators alleging that USDT is being used to artificially prop up the price of Bitcoin, the funds arriving at the trading venue today may…

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Blockonomi: Changing Tides in India? Power Ledger to Help Build P2P Platform in India as New Rules Near

Wednesday, 04 December 2019 14:07

The team behind Power Ledger, a peer-to-peer renewable energy marketplace that partly relies on Ethereum, is teaming up with the Indian state of Uttar Pradesh to pilot a P2P energy trading platform. The province is notably home to more than […] The post Changing Tides in India?…

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Blockonomi: Industry Investor: Bitcoin Halving May Not Push Prices Higher

Wednesday, 04 December 2019 14:12

In less than six months’ time, Bitcoin will see an extremely important event. Known as a “halving” or “halvening,” the number of coins issued per block to miners will get cut in half, effectively meaning that Bitcoin’s inflation rate will […] The post Industry Investor: Bitcoin Halving…

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Blockonomi: Wyre to Bring Fiat On-Ramp to Ethereum DeFi with Debit Cards

Wednesday, 04 December 2019 14:18

Sometimes referred to as the “Stripe” of cryptocurrency industry, crypto payments firm Wyre has honed in on helping mainstream users interact with digital assets in seconds. Now, the next frontier for the firm is the rising decentralized finance ecosystem built […] The post Wyre to Bring Fiat…

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The Block: Galaxy Digital 3Q19 Earnings Recap: A sober reset of expectations, as crypto industry remains ‘challenging’

Tuesday, 03 December 2019 15:35

Quick Take We refreshed our Galaxy Digital coverage from new 3Q19 filings As a publicly traded crypto “merchant bank” with a portfolio of over 45 investments, highlights rare data points of private investment performance across the industry The trading business grew its active counterparties 10%, and its…

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SiliconANGLE: HSBC to shift $20B of assets onto a new blockchain-based custody platform

Friday, 29 November 2019 01:00

Global banking conglomerate HSBC Holdings PLC is doubling down on its use of blockchain solutions, saying it intends to shift $20 billion worth of assets onto a new blockchain-based custody platform by March. Reuters reported today that the platform, known as Digital Vault, has been designed to give investors…

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CryptoVibes: Chris Fuligni Joins Forex Sales Unit of Credit Suisse in the United States

Thursday, 28 November 2019 13:18

Switzerland-based banking giant Credit Suisse is definitely not taking things easy as far as progress is concerned. It has added Chris Fuligni to its already-impressive arsenal of top brains. Fuligni was formerly with Credit Agricole before he was drafted to the foreign exchange sales department of the…

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CryptoTicker: How Bitcoin is better than Banking System?

Thursday, 28 November 2019 13:30

Bitcoin is a cryptocurrency that utilizes the peer-to-peer protocol to function with no mediator like the Banking system. The most important question people always ask is how Bitcoin is better than the banking system? This post will try to answer […]

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