Chinese payment giants Alipay and WeChat Pay reportedly requested Huobi to remove their services from its OTC trading desk. Alipay and WeChat Pay reportedly requested that crypto exchange Huobi remove their payment services from its over-the-counter (OTC) trading desk, local media agency Sina reported on Jan. 25. Major Chinese digital payments providers, Alibaba’s Alipay and […]
Continue Reading
A South Korean fintech firm has released KRWb, which is purportedly the first stablecoin tied to the value of the South Korean won. South Korea-based fintech firm BxB Inc. has launched the first supposed stablecoin backed by the Korean won, according to a press release shared with Cointelegraph on Jan 29. There was an initial […]
Continue Reading
sponsored The company says it has developed a new ecosystem that includes three payment methods based on the blockchain, plus an exchange platform, cloud mining and investment banking structure. A startup named Pyrex says it has created the “next generation cryptocurrency,” which enables untraceable payments and unlinkable transactions. Its ecosystem includes three separate but interchangeable […]
Continue Reading
A savvy strategy and innovative leaders may turn Wyoming into a crypto hub. In the first month of 2019, the state of Wyoming has performed yet another series of power moves showcasing its continued commitment to becoming America’s new crypto hub, even despite recent changes in political leadership. The incoming governor, Mark Gordon, made room […]
Continue Reading
The chairman of Russian parliament’s upper house notes that the crypto bill has not been approved after a whole year. The chairman of the upper house of Russian parliament has urged MPs to expedite their work on digital economy bills that include a draft on crypto regulation, local news agency TASS reports on Tuesday, Jan. […]
Continue Reading
The entry of major players such as investment firm Fidelity and the governments of UAE and Saudi Arabia instills confidence in the crypto market. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct […]
Continue Reading
The U.S. non-profit Wikimedia Foundation has switched to BitPay crypto payment provider. United States crypto payment processor BitPay and the non-profit and charitable organization that operates Wikipedia, the Wikimedia Foundation, have partnered to accept crypto donations, according to the official press release published on Jan. 29. The Wikimedia Foundation had already accepted Bitcoin (BTC), but […]
Continue Reading
Abra CEO Bill Barhydt has outlined why he thinks consumer cross-border payments and remittance services are a struggle for crypto firms. Bill Barhydt, CEO of crypto wallet provider and payment startup Abra, believes that consumer cross-border payments and remittance services at scale continue to be a struggle for many crypto firms. Barhydt made his remarks […]
Continue Reading
Cryptocurrency lending company Genesis Capital processed $1.114 million in borrows and lends last year. Cryptocurrency lending company Genesis Capital processed $1.114 million in borrows and lends last year, according to the recently released Digital Asset Lending Snapshot for Q4 2018. At the end of Q3 2018, the company published its first Digital Asset Lending Snapshot, […]
Continue Reading
The Monetary Authority of Singapore warned public against a scam that claims crypto is officially adopted in the country. The Monetary Authority of Singapore (MAS) has warned the public against an alleged scam claiming that a cryptocurrency is officially adopted by the government, according to an official statement on Jan. 29. MAS, which is both […]
Continue Reading