News
Two firms – cryptocurrency mining pool Simplecoin and bitcoin gaming platform Chopcoin – are shutting down over the AMLD5 European Union regulation coming into effect Jan. 10, 2020. A notice on the Simplecoin website reads that it is closing down on Jan. 1 because the new rules will require the firm to implement several anti-money laundering (AML) […]
Asian shares scaled eight-month peaks on Friday as a last-gasp Sino-U.S. trade deal and a likely major election win by Britain’s Conservative Party cleared a couple of dark clouds from the global horizon. Asian Shares In Asia, Japan’s Nikkei climbed 2.4% to a 14-month top, while Shanghai blue chips advanced 1.4%. MSCI’s broadest index of […]
Asian stocks were mixed, and U.S. and European futures drifted Thursday after the Federal Reserve signaled U.S. interest rates will remain unchanged throughout 2020 amid a solid economy. Treasuries held gains and the dollar remained lower. Asian Stocks The MSCI Asia Pacific Index rose 0.6% as of 7:08 a.m. in London. Topix index slipped 0.1%. Australia’s […]
JPMorgan’s blockchain-based payment network will launch in Japan in early 2020. Based on JPMorgan’s in-house blockchain platform Quorum, the Interbank Information Network (IIN) intends to accelerate payment transactions as well as address major challenges of sharing data between banks. If all goes as planned, the IIN service would launch in Japan in January, as communicated to […]
Blockchain payments processor BitPay has added support for three stablecoins – Circle’s USD coin (USDC), the Gemini dollar (GUSD) and Paxos Standard token (PAX). BitPay’s roll out will allow over 30,000 merchants, including Microsoft and Avnet, to accept payments in the three stablecoins from consumers. BitPay’s wallet users, as well as its prepaid cardholders, will […]
Asian shares extended earlier gains on Wednesday, although advances were patchy ahead of key central bank meetings while the pound wobbled as opinion polls pointed to a tight UK election later this week. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5% higher. Hong Kong’s Hang Seng and Australia’s S&P/ASX 200 led gains with […]