The non-profit organization Hong Kong Institute of Bankers has onboarded six virtual banks as corporate members. The Hong Kong Institute of Bankers (HKIB) has onboarded six virtual banks as corporate members, according to a Jan. 2 press release. The HKIB is a non-profit institution that provides training and certification to the banking organizations in Hong […]
Continue Reading
Bitcoin is en-route to flipping the $7.4K resistance to support and the sharp rebound from key support levels on most major cryptocurrencies is a positive sign. Bitcoin started the new year on a weak note and looked to be losing ground. However, the news of the killing of Iran’s General Qasem Soleimani, in an airstrike […]
Continue Reading
Bitcoin is selling for over $24,000 in Iran on the Localbitcoins platform as escalating tensions with the United States increase the possibility of war. Iran-based sellers on peer-to-peer trading platform LocalBitcoins are currently asking for around 1 billion Iranian rials or over $24,000 per Bitcoin (BTC) — well over its 2017 all-time high — as […]
Continue Reading
An overview of the stances of China, Russia, India and the developing world toward crypto regulation in 2019. This is the second part of a three-part series that covers the regulatory landscape for digital currencies in 2019 and looks at the prospects of 2020. While the first chapter in the series looked at the “Insiders,” […]
Continue Reading
Co-founder of crypto mining giant Bitmain, Micree Zhan Ketuan, has initiated court proceedings against the company shareholders in a bid to return him voting control of the firm. Co-founder of crypto mining giant Bitmain, Micree Zhan Ketuan, has initiated court proceedings against the company shareholders in a bid to restores his voting control of the […]
Continue Reading
United States citizen, Joanna De Alba, has been accused of heroin and methamphetamine distribution in exchange for Bitcoin. A United States citizen has been charged with heroin and methamphetamine distribution in exchange for Bitcoin (BTC). According to a Jan. 3 press release published by the U.S. Attorney’s Office for the Eastern District of New York, […]
Continue Reading
Telegram is refusing to give the SEC details on how the $1.7 billion raised in its ICO has been spent. The United States Securities and Exchange Commission (SEC) has filed a court order on Jan. 2 to compel the messaging platform Telegram into releasing details of how the funds raised in its initial coin offering, […]
Continue Reading
A working paper raises concerns about a run on the banks in times of financial instability, with tiered interest rates proposed as a solution. The European Central Bank (ECB) remains open to the idea of a digital euro equivalent but would want to stop citizens holding too much of it. That was the conclusion of […]
Continue Reading
Bitcoin is making the U.S. dollar look like the German papiermark of the 1920s, says Antoni Trenchev as BTC/USD hits $7,300. Bitcoin (BTC) can “very easily” hit $50,000 during 2020, the CEO of one cryptocurrency industry business has told mainstream media. In an interview with Bloomberg in Berlin on Jan. 3, Antoni Trenchev, head of […]
Continue Reading
Trading against four cryptocurrencies and two stablecoins to begin a day after Binance’s CEO promised to “bring crypto to the masses.” Cryptocurrency exchange Binance has confirmed it will offer euro (EUR) trading against six cryptocurrencies in the platform’s latest fiat expansion. In a blog post on Jan. 3, Binance confirmed trading for EUR pairs would […]
Continue Reading