WRX, the first IEO from any Indian exchange, can strengthen sentiments of Indian crypto industry amid an ongoing battle over the status of crypto. Despite regulatory uncertainty and banking restrictions imposed by the Reserve Bank of India, WazirX — the Indian cryptocurrency exchange recently acquired by Binance — launched its WRX coin through an initial […]
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The Australian government is going to release its national blockchain strategy on Friday, Feb. 7, following a nearly year-long preparation. The Australian government is going to launch its national blockchain strategy on Friday, Feb. 7, following a nearly year-long preparation. It has been almost a year since the country’s Ministry for Industry, Science and Technology […]
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RBI’s legal counsel claims crypto can adversely affect India’s financial stability. Back in April 2018, the Reserve Bank of India decided to go ahead and issue a notice prohibiting all of India’s banking and financial institutions from offering their services to crypto exchanges, companies operating within the space, and individuals seeking to explore the nascent […]
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A member of the U.S. Fed’s board of governors has signalled that the institution is more open to the idea of central bank digital currency. A member of the United States Federal Reserve’s board of governors has signalled that the institution is more open to the idea of central bank digital currency than previously. Lael […]
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Ripple IPO: Is CEO Garlinghouse’s hint at a public offering the tip of the iceberg? 2020 could be the year that crypto companies step forward and take the plunge into going public. As the biggest players in the industry cautiously watch for opportunities to gain regulatory approval, Ripple CEO Brad Garlinghouse used the prestigious Davos […]
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Crypto exchange Binance has enabled instant purchases of four major digital currencies with the Russian ruble. Binance, the second-largest crypto exchange by daily trading volume, has enabled instant purchases of four major digital currencies with the Russian ruble. The development allows Binance users to link their Visa banking card and purchase Bitcoin (BTC), Ether (ETH), […]
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Cryptocurrency companies adopt features similar to legacy finance, offering better benefits to users. But will this help in the end? Cryptocurrency exchange Deribit recently published an analysis explaining that cryptocurrency companies are racing to adopt financial services known from legacy finance. The post points out that all crypto companies, exchanges included, will soon offer users […]
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Payments behemoth Visa is reportedly planning to change point-of-sale fees to merchants in the U.S. as part of a major update of its system. Payments behemoth Visa is reportedly planning to change merchant fees rates for United States-based merchants as part of a major update of its point-of-sale system. The development was revealed in a […]
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Financial services firm Mode, which is backed by Twitter co-founder Biz Stone, has rolled out its Bitcoin banking app on iOS devices. Mode, a financial services firm backed by Twitter co-founder Biz Stone, has rolled out its Bitcoin (BTC) banking app on iOS devices. The British company made its app available globally, with the exception […]
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The latest analysis by research firm Gartner has painted a mixed picture of the benefits that blockchain-based smart contracts can offer enterprises. The latest analysis by research firm Gartner has painted a mixed picture of the benefits that blockchain-based smart contracts can offer enterprises. While the study, published Jan. 30, concluded that smart contracts would […]
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