Payments Startup Raises $80M From SBI Group, Visa Invest and Others

Cross-border payments platform Currencycloud has raised $80 million in funding from SBI Group, Visa and other investors. Cross-border payments platform Currencycloud has raised $80 million in funding from SBI Group, Visa and other investors. Per a Jan. 27 press release, London-based Currencycloud secured $80 million from SBI Group, Visa, International Finance Corporation, BNP Paribas and […]

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Blockchain, not Bitcoin: China’s BTC Volume on LocalBitcoins Hits 2-Year Low

China’s Bitcoin trading volumes have continued to drop, hitting a two-year low on peer-to-peer exchange LocalBitcoins. China’s Bitcoin (BTC) trading volumes have continued to drop, hitting a two-year low on peer-to-peer exchange LocalBitcoins. According to Bitcoin statistics website Coin Dance, China’s BTC trading volumes have been gradually dropping from late 2019 to the present, touching […]

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Israeli Regulators Request Feedback to Foster Blockchain Innovation

The Israeli Securities Authorities seeks public input to identify pain points in blockchain regulation and identify clear advantages to the sector’s development. The Israeli Securities Authority (ISA) has issued a Jan. 20 Request For Information to identify potential regulations that prevent the development of blockchain-based ventures in the country. In addition, the regulator seeks to […]

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Billionaire Investor Tim Draper: If You’re a Millennial, Buy Bitcoin

Billionaire investor Tim Draper recommended millennials to buy Bitcoin during a recent interview. Billionaire investor Tim Draper recommended millennials buy Bitcoin (BTC) during an interview with FOX Business published on Jan. 22. Per the report, Draper believes that Bitcoin is of particular importance to millennials that are looking to set aside enough capital for retirement. […]

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Iranian Authorities Have Issued 1,000 Licenses for Cryptocurrency Mining

Iran’s Ministry of Industries, Mining and Trade has issued 1,000 cryptocurrency mining licenses since the introduction of the certification regime. Iran’s Ministry of Industries, Mining and Trade has issued over 1,000 cryptocurrency mining licenses to domestic operations. According to a report published on Jan. 24 by Iran’s Banking and Economic System Reference Media (IBENA), a […]

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‘Different Type of Shakeout’ — Trader Says Bitcoin Unlikely to Hit $6

Speaking to Cointelegraph, Charlie Burton and Eric Krown said the prospect of a return to recent lows for Bitcoin was now a remote possibility. Bitcoin (BTC) hitting $6,000 again is not only unlikely but would be “concerning,” a well-known commentator has told Cointelegraph.  Speaking in a market discussion with Cointelegraph, EzeeTrader partner Charlie Burton said […]

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