“There is also no doubt in our mind that a major central bank will soon launch a digital currency and we expect this to happen within the next three years,” said Guardtime. Research from European blockchain company Guardtime suggests that the current pandemic may have accelerated the launch of a major central bank digital currency […]
BTC price regains $33k as Square confirms ‘mainstream’ Bitcoin wallet plans
Bitcoin rapidly recovers above $33,000 support as Jack Dorsey says Square will create a Bitcoin hardware wallet and custody service. Bitcoin (BTC) came back to life later on July 9 after a whale-induced price dip failed to hold the market down for much more than 24 hours. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin […]
UN commission serves new warning against BTC adoption in El Salvador
ECLAC executive secretary stressed that there is no study yet that would have investigated potential risks or benefits of El Salvador accepting BTC as legal tender. The Economic Commission for Latin America and the Caribbean, or ECLAC, a United Nations’ regional commission to encourage economic cooperation, is the latest regulator to raise concerns about El […]
UK watchdog shifts Bitcoin ads regulation to ‘red alert’ priority
Britain’s marketing regulator Advertising Standards Authority (ASA) has announced that it plans to increase its efforts in curbing irresponsible or misleading cryptocurrency ads, Financial Times reported today. “We see this as an absolutely crucial and priority area for us. Where we do find problems we will crack down hard and fast,” Miles Lockwood, director of […]
Shiba Inu Price Looking Fragile Now, A Strong Bounce Is Need Of The Moment
The post Shiba Inu Price Looking Fragile Now, A Strong Bounce Is Need Of The Moment appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Shiba Inu price in the recent past has experienced extreme dips with big and consecutive red candles. Further to the plunge, the SHIB price enters a passive […]
Former NYSE President Helping Bitcoin Exchange Bullish Go Public
Bullish plans to go public in a reverse merger backed by former New York Stock Exchange president, Tom Farley. The former New York Stock Exchange president, Tom Farley’s, Far Peak Acquisition Corporation announced a deal today to bring the Bitcoin exchange Bullish public, according to CNBC. Tom Farley will be the CEO of the exchange […]
Santander joins Barclays and Natwest to block crypto payments to Binance
Santander UK is the latest bank to block crypto payments to cryptocurrency exchange Binance. According to a customer update sent on Thursday, customers would still be able to receive funds from Bianance, but would no longer be able to make payments to the cryptocurrency exchange. The banking giant follows the footsteps of UK banks Natwest […]
Ethereum Last Week: Overtaking BTC, ETH 2.0, EIP-1559, And More
With the upcoming Ethereum 2.0 attracting institutional support across the industry, the general consensus is that Ethereum might become the next Bitcoin. Let’s take a quick look at everything that happened this week with the crypto. Release Date Set For London Hard Fork The long-awaited London upgrade code was deployed to the final Rinkeby testnet […]
100xCoin introduces 100xAltbase – the app to buy altcoins seamlessly
Buy Altcoins with 100xAltbase One of the biggest inhibitors in the Cryptocurrency space is User Experience. Enter 100xAltbase, the new app enabling users on iOS and Android to buy altcoins using credit or debit cards. Sounds trivial enough, however breaking down barriers to entry including the need for multiple wallets, and currency swaps is a […]
DoJ’s crypto czar joins FinCEN in brand-new role: Why it matters
Michele Korver’s appointment to the U.S. Financial Crimes Enforcement Network promises to reduce illicit financial practices within the crypto space. In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting […]