Crypto finance firm Circle reported a notional trade volume of $24 billion in 2018 at its over-the-counter trading desk. The over-the-counter (OTC) trading desk at cryptocurrency finance firm Circle had a notional volume of $24 billion in 2018, according to an official Medium blog post on Jan. 3. Per the statement, Circle executed 10,000 […]
Continue ReadingChile’s anti-monopoly court rules to oblige local banks to keep the accounts of local crypto exchanges open, despite Supreme Court decision. The Chilean anti-monopoly court has again granted protection to local cryptocurrency exchanges by forcing banks to keep their accounts open, financial news outlet Diario Financiero reported Jan. 2. According to a recent statement from […]
Continue ReadingThe Chilean Treasury has launched blockchain platform to connect taxpayers, public institutions and banks. The Chilean General Treasury of the Republic (TGR), which oversees tax collection in the country, has launched a blockchain platform to process payments, according to a press release published Dec. 19. TGR — a dependent institution under the Ministry of Finance […]
Continue ReadingIndian police in the state of Jammu and Kashmir have issued a public statement, warning against investing in cryptocurrencies. The police of the Indian state of Jammu and Kashmir have issued a public statement, warning the public against investing in cryptocurrencies, local business news daily the Business Standard reported on Jan. 2. Police reportedly warned […]
Continue ReadingNew York state assemblyman Clyde Vanel has announced the creation of a crypto task force aimed at studying how to properly regulate, use, and define digital currency. An assemblyman of the New York state (NYS) legislature announced in a Facebook post on Jan. 3 that the state will have the nation’s “first” cryptocurrency task force. […]
Continue ReadingFor Bitcoin’s 10th anniversary, we remember the brightest FUD of 2018: from Tulip Mania to Dr. Doom calling Vitalik a “dictator for life.” Ten years ago, on Jan. 3, 2009, the Bitcoin (BTC) network was created. Since then, the asset’s price has famously been subject to volatility. That, along with the inceptive crypto’s focus on […]
Continue ReadingThe South African government has reportedly established a crypto assets regulatory working group. A crypto assets regulatory working group dedicated to crypto and blockchain has been established by the South African (SA) government. English-language local news outlet BusinessLive reported on the development on Jan. 2. Tito Mboweni — the South African finance minister — declared: […]
Continue ReadingOfficials have confirmed the country’s FASAH trade platform was linked with TradeLens. Customs authorities in Saudi Arabia have concluded a pilot scheme linking its cross-border trade platform FASAH with IBM and Maersk’s TradeLens blockchain platform. A press release from Dec. 26 reported the pilot’s conclusion. TradeLens, which IBM and Maersk created in August last year, […]
Continue ReadingAn analysis of 2018 price performance and the slowdown of the ICO sector demonstrates the pitfalls of centralization, Jimmy Song says. Perceptions of Bitcoin (BTC) versus altcoins changed forever in 2018, as the largest cryptocurrency separated itself from the rest, Bitcoin developer Jimmy Song wrote in a blog post on Dec. 31. An ardent defender […]
Continue ReadingIn a frank interview with mainstream media, Stellar CTO Jed McCaleb appeared skeptical of any cryptocurrency beyond Bitcoin, Ethereum or Stellar. Most financial institutions will not use Bitcoin (BTC), payment network Stellar’s co-founder and CTO Jed McCaleb stated in an interview with Yahoo Finance Dec. 31. Speaking to the online news outlet, McCaleb — who […]
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