Author: Samantha Mitchell

China’s War On Cryptocurrencies Leads To A Decrease In Bitcoin Trading In The Country’s Currency

  • By Samantha Mitchell
  • July 9, 2018
  • 265 Views
  • 1 Comment
The central bank of China has reported a drop in Bitcoin trading in Renminbi (RMB) to below one percent of the global total. In 2017, the People’s Republic of China banned yuan-Crypto trade. Consequently, many Chinese Crypto businesses, among them some of the world’s top trading platforms ceased their operations in the country. The People’s […]

Special Account For Crypto Businesses By A German Bank

  • By Samantha Mitchell
  • July 9, 2018
  • 258 Views
  • 1 Comment
Solarisbank has launched a new banking service that will target blockchain and digital currency users. The Banking-as-a-Platform (BaaP) center has named the new feature the ‘Blockchain Factory.’ The Berlin-based institute will provide financial management services to businesses that employ Cryptocurrency solutions and blockchain. Cryptocurrency And Blockchain Firms To Now Have Special Accounts Although Cryptocurrencies have […]

Crypto Scams And How To Avoid Them

Cryptocurrency prominence is increasing and, as more people are coming into the trade, the more predators prey on innocent traders. No wonder top digital companies are banning crypto ads in their platforms. And it’s not just the innocent ones who get preyed, even for the specialists themselves, if you are not keen enough, you may […]

eToro To Expand Into US Crypto Market

eToro, a global investment platform has just announced its plans to expand the firm’s crypto abilities today. The plans, however, are subject to regulatory approvals and will begin with a launch of a digital wallet and an exchange. The platform also plans to bring a crypto offering in the United States and to the U.S […]

Volcker Rule Change Good News For Cryptocurrency

The Volcker Rule, introduced by American economist and former Federal Reserve Bank Chairman Paul Volcker has for a long time been standing in the way of bank’s realizing their full potential. This rule made it almost impossible for banks to engage in risky investments using the money that customers had deposited. This rule is highly […]

4 Reasons To Invest In Crypto In 2018

Investing in Cryptocurrency could be the smartest move you make this year; this is according to Andrew Pritchard, a Cryptocurrency expert. But still, this statement is not enough to change the minds of crypto critics who have openly dismissed the trade as a bubble, waiting to burst, especially after recent events in the market. You […]

Kenya To Decide On The Regulation Of Cryptocurrencies In Two Weeks

Kenya’s Treasury Secretary Henry Rotich has been requested by the parliament to investigate the current use of Cryptocurrencies in the country. The use of Cryptocurrencies has been growing in the East African country despite the lack of regulation. The secretary is expected to table a report in parliament in a few weeks and advice the […]

New Rules For Initial Coin Offering (ICOs) In Thailand

The Thai Securities and Exchange Commission (SEC) has made public the new rules and regulations for initial coin offerings (ICOs) in the country. The new rules are clear on the roles of ICO portals, issuers, and investors. The SEC will have a major role to play before and during the ICO launch in the country. […]

Venezuela’s Oil-Backed Cryptocurrency to be Used in the Construction of Houses

Venezuela’s native news, Telesur has announced that the country’s oil-backed virtual currency, Petro, will be used to finance a housing project. The country’s ministry of habitat and housing has confirmed that the report that the funds will be used in the project named “La Gran Mision Vivienda Venezuela” (GMVV). Petro To Finance A Housing Project […]

No More Trading in Rupee on Zebpay Exchange

The Indian Cryptocurrency market is experiencing one of its hardest times in the wake of a recent ban by the Indian Reserve Bank (IRB) on Cryptocurrencies. One of the country’s largest Crypto exchanges, Zebpay has announced it will bar transactions in the rupee. The decision was arrived at after the Supreme Court upheld the ban […]
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