The People’s Bank of China head office has just made a new regulatory update which clarifies the legal situation for cryptocurrency trading in the country. China is pushing its policy of ‘blockchain, not cryptocurrencies’ to the extreme with a fresh round of regulatory stipulations for the industry.…
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Sweden’s Central Bank Governor has outlined a six-step plan on how the state bank can implement its own digital currency. He outlined a checklist that needs to be completed before the idea is fully implemented. Sweden’s digital currency will have to meet the following criteria. It will…
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In November 2017, 13.4M documents were published relating to offshore money and the global elites. Now, this treasure trove of information has also spurred a major Bitcoin-related lawsuit involving Tether and Bitfinex. The Paradise Papers indicted many of the world’s richest people, politicians, industrialists, and financiers ―…
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Shenzhen is the blockchain hub of China, but its law enforcement will soon be cracking down on cryptocurrencies. The state has identified some 39 illegal cryptocurrency companies operating within the city. China’s so-called ‘Silicon Valley’ may soon find itself amidst a serious cryptocurrency crackdown, reportedly against scams…
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While the price appears to be almost tanking, XRP continues to achieve greatness and favor in other aspects, especially where the XRPL (XRP Ledger) is concerned. Just recently, the originally Canada-based crypto exchange, CoinField, announced plans to create a special trading platform where stocks can be traded…
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Tonight the three-time US presidential candidate will speak during a webinar that will be broadcast free of charge online and that will cover cryptocurrencies and independence from fiat currencies The post Ron Paul and his interest in crypto appeared first on The Cryptonomist.
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Investors and traders could be leaving bitcoin. Uncertainty regarding miner capitulation prior to halving and fears of a price crash to painful levels has added to the already feeble market sentiment. According to recent sentiment analysis, bitcoin’s tweet volume – which measures the coin’s mentions on social…
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When PayPal walked away from Facebook’s Libra Project on October 4, four other founding members—Visa, Mastercard, eBay, Stripe, and Mercado Pago—followed its lead and pulled out from the association the following week, leaving PayU as the only payment processor still committed to the project. The post PayPal…
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Cryptocurrency tokens boast different functions, each with their own tradeoffs and risks. Holders need to take these functions into account, especially given that they have a strong impact on long-term price appreciation. Analysts at Smith + Crown have outlined some of the pitfalls of token functions in…
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Binance, the world’s largest cryptocurrency exchange by trading volumes, has acquired Indian cryptocurrency exchange WazirX to serve over 1 billion people of the country. The post Binance acquires Indian crypto exchange WazirX to serve over 1 billion people of the country appeared first on The Block.
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