Category: Cryptocoin

  • Japan’s SBI Group Is Building a New Crypto Exchange Wallet

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    Japanese financial services giant SBI Group has partnered with a blockchain security startup to develop a digital wallet for its recently launched cryptorrency exchange. The Denmark-based startup, Sepior, announced in a press release Monday that SBI has licensed its proprietary “threshold signature” wallet technology for integration with its VCTRADE exchange to secure “on-line contents and transactions.” VCTRADE was launched in […]

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  • EU Securities Group Advises Regulating Crypto Assets Under Existing Rules

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    A group that advises the European Securities and Markets Authority (ESMA) –  the EU’s securities watchdog – has recommended regulating most cryptocurrencies and ICO tokens under existing financial rules, but said more clarification is needed. In a report dated Oct. 19, the Securities and Markets Stakeholders Group (SMSG) said that, since transferable crypto assets used in payments (such as […]

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  • Bank of Japan Deputy Governor Downplays Cryptocurrency Plans

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    Masayoshi Amamiya, Bank of Japan’s Deputy Governor, stated on Saturday that it was unclear whether digital currencies could enhance the monetary policies of central banks.  He elaborated that the Bank of Japan had no plans whatsoever to issue a cryptocurrency. Ongoing Debate Mr. Amamiya said that there was “quite a hurdle” for cryptocurrencies to overcome […]

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  • UK Money Management App Emma Makes Crypto Push

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    Millennial-focused money management startup Emma Technologies is expanding into crypto. The startup is behind the Emma app for iOS and Android, which is an artificial intelligence-fueled tool that until now has only supported financial institutions like HSBC, Bank of Scotland, Barclays and others, helping users to avoid overdraft fees, manage debt and save money. Now […]

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  • Trump’s Tariffs are Putting the Pinch on Bitcoin Mining Giant Bitmain

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    Increasing tensions in China-US trade relations may portend tougher times ahead for Chinese bitcoin mining hardware maker Bitmain, with shipments to one of its major overseas markets facing new tariffs since August 23. The South China Morning Post reports that Bitmain is seen by analysts as the cryptocurrency mining hardware firm with the most potential exposure to […]

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  • 130 Coffee Shops in Europe Started to Accept and Sell Crypto

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    Be honest: shopping with cryptocurrency isn’t always the easiest experience. Even if price volatility is on your side, spending funds can be nightmarish. Crypto is gaining in popularity but many merchants still don’t accept it – meaning you are stuck with those age-old, boring options of paying by card or cash. A “technology enabler” startup […]

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  • Crypto Exchange Binance Adds Compliance Tools from Chainalysis

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    Binance, the biggest cryptocurrency exchange by trading volume, is working with crypto compliance and investigation software provider Chainalysis to implement a new global compliance solution, the companies announced Wednesday. As part of the partnership, Chainalysis will provide access to its “Know Your Transaction” compliance software, enabling the exchange to monitor cryptocurrency transactions in real-time, according […]

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  • What Led the World’s Largest Brokerage to Fully Integrate Crypto After 1 Year of Testing?

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    In late 2017, Fidelity, one of the largest brokerages and asset managers with 7.2 trillion in assets under management as of October 2018, launched its first crypto initiative. By partnering with Coinbase, the biggest crypto-to-fiat exchange in the global market, Fidelity enabled its clients to track investments in major cryptocurrencies like Bitcoin and Ethereum through […]

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  • Soaring Inflation Sends Bitcoin Trading Volume to New High in Venezuela

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    The amount of Venezuelan bolivars being spent to purchase bitcoin has risen to record levels as the South American country experiences unprecedented hyperinflation and a worsening economic crisis. Per Coin Dance, bitcoins worth nearly 900 million bolivars have been traded so far this week in Venezuela, and this is already higher than last’s week volume of slightly over […]

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  • North Dakota Regulator Issues Cease and Desists Against 3 ICOs

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    The North Dakota Securities Department last week issued cease-and-desist orders against three companies promoting initial coin offering (ICO) in the state. Karen Tyler, the Securities Commissioner, named Crystal Token, Advertiza Holdings (Pty) Ltd., and Life Cross Coin aka LifecrosscoinGmbH, as the latest offenders involved in illegal business practices related to cryptocurrencies. Investigations found that the accused companies were […]

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