Binance is in talks with local partners in South Korea for potential launch of a new subsidiary. Binance, the world’s largest crypto exchange by daily trading volume to date, is reportedly planning to set up a branch in South Korea. Malta-based crypto exchange Binance is working with local partners in South Korea to launch a […]
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The company has approached regulators for two licenses: banking and securities dealing, a press release confirmed. Swiss crypto broker Bitcoin Suisse has applied for banking and securities dealer licenses from Switzerland’s finance regulator, the company confirmed in a press release on July 16. Bitcoin Suisse, which forms part of the country’s Crypto Valley Association, said […]
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The International Monetary Fund has argued that network effects could spark the blaze for the mass adoption of new digital monies. The International Monetary Fund (IMF) has argued that network effects could spark the blaze for the mass adoption of new digital monies. In a fresh report published on July 15, the IMF aims to […]
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Canadian crypto solutions provider Coinberry has struck its second municipal partnership to provide bitcoin payments processing for property taxes. Canadian crypto solutions provider and trading platform operator Coinberry has struck its second municipal partnership to provide Bitcoin payments processing for property taxes. A press release published on July 15 revealed that Coinberry has begun negotiations […]
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Markets could slide lower than the recent $9,912 bottom, traders are warned, despite current upwards momentum. Bitcoin (BTC) appeared ready to tackle $11,000 once again on July 16 after bouncing off lows as the United States government re enforced its position on the industry. Market visualization courtesy of Coin360 Data from Coin360 placed BTC/USD at […]
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Japanese exchange Bitpoint has published the breakdown of crypto assets stolen in the $27.8 million hack of its platform earlier this month. Japanese exchange Bitpoint has published the breakdown of crypto assets stolen in the ¥3 billion (~$27.8 million) hack of its platform earlier this month. A document published by Bitpoint’s parent firm Remix Point […]
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The Treasury Secretary’s repetition of Donald Trump’s comments Bitcoin is “based on thin air” failed to dent optimism. Bitcoin (BTC) proponents were reacting to fresh criticism of cryptocurrency from the United States government July 16, following a press conference with Treasury Secretary, Steven Mnuchin. Mnuchin, who held the 30-minute event on Monday, said he wished […]
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Over two-thirds of enterprises in the Asia-Pacific region lack a solid understanding of blockchain tech and how to apply it, a new EY poll reveals. Over two-thirds of enterprises in the Asia-Pacific region lack a solid understanding of blockchain tech and how to apply it, a new Ernst & Young (EY) poll reveals. The Business […]
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Siemens is looking to potentially provide blockchain-based solutions, and has suggested some use cases for the transportation industry, including carsharing. Self-proclaimed electrification, automation and digitalization global giant Siemens has shown an interest in adopting blockchain-based solutions. In particular, Siemens is exploring the use of blockchain in the transportation industry, as per a report by Forbes […]
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Former congressman Ron Paul reiterated his views on cryptocurrencies as being good competition for fiat money, as long as there is no fraud involved. Former Republican congressman and presidential candidate Ron Paul says he is in favor of cryptocurrencies and blockchain technology because he likes competing currencies. Ron Paul delivered his remarks in a “Squawk […]
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