Category: Cryptocurrency

Feb 19
How to Avoid Forex Trading Scams in 2021

How to Avoid Forex Trading Scams in 2021? CFD and Forex trading markets trade trillions of dollars a day. Traders around the globe are always looking for the best brokers to trade forex, CFDs, stocks, cryptocurrencies, etc. With new forex brokers, CFD brokers, and cryptocurrency brokers popping up constantly, determining the legitimacy of a broker […]

Nov 27
Facebook’s Libra currency to launch next year in limited format

The long-awaited digital currency Libra could finally see the light of day as soon as January 2021, according to a new report. Expected in January, the exact launch date is still not known and would depend on when the Libra Association receives regulatory approval by the Swiss Financial Market Supervisory Authority, or FINMA, to operate […]

Nov 13
BitPay Send Launches in 255 Countries, Including Africa, to Enable Crypto Payouts to Anyone, Anywhere

BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced BitPay Send, a new mass payout service that enables organizations of all sizes to pay employees, affiliates, customers, vendors, contractors and others with cryptocurrency. Ideal for international and gig economy companies looking for a fast, efficient and secure way to send mass payouts, […]

Nov 13
Ripple Files Trademark for Possible New Payments Service

New trademark applied for by Ripple Labs Inc The attentive Ripple enthusiast “Janna One Trick” has drawn attention via Twitter to a new trademark registration of Ripple. The trademark application was submitted on November 6, 2020 and is very similar to the trademark registered by PayID in June. Both the symbols and the literal description of the trademark are […]

Nov 12
Lebanon to launch a digital currency next year

Lebanon plans to introduce a digital currency next year to restore confidence in the banking sector and transition into a cashless system, GovernorRiad Salameh said. Central bank governor Riad Salameh told a gathering of officials Monday that “We must prepare a Lebanese digital currency project” as a way to shore up confidence in the banking system.   […]

Oct 14
Bank of Russia Limits Bitcoin Purchase for Inexperienced Investors to $8K

The central bank of Russia proposed to set limits on annual cryptocurrency investments by non-professional investors. The Bank of Russia suggested that unqualified investors in Russia should not be allowed to invest more than 600,000 Russian rubles ($7,800) in digital assets per year. The official statement says that the new regulatory restriction will involve not […]

May 07
Dutch Central Bank Gives 2 Weeks to Crypto Firms to Register

Dutch crypto companies must register with the Netherlands’ central bank by May 18 or cease operations immediately, the monetary authority said Monday. De Nederlandsche Bank (DNB) is moving to quickly enforce enhanced Dutch anti-money laundering (AML) laws, which passed the Dutch Parliament last month to comply with the European Union’s AML directives and standards set […]

May 05
Ripple Hit With Another Lawsuit; XRP Security Laws Violations

Bitcoin Manipulation Abatement LLC accuses Ripple and CEO Brad Garlinghouse of violating security laws while selling and marketing XRP. Attorneys for a company called Bitcoin Manipulation Abatement LLC have filed a lawsuit in a U.S. federal district court alleging Ripple misled investors and sold XRP as an unregistered security in violation of federal law. According […]

Apr 23
Binance launches payment app Bundle in Nigeria

According to an announcement on April 23, Binance, launched social payments app Bundle in Nigeria, offering services in cryptocurrencies and fiat. Bundle now allows its users to request, send and receive cash or crypto from their peers in Nigeria. By the end of this year, the firm plans to expand to over 30 African countries […]

Apr 03
Binance acquires CoinMarketCap

Binance has recently completed the acquisition of CoinMarketCap, the world’s most-referenced cryptocurrency data tracking site. Binance CEO, Changpeng Zhao (CZ) said: “The core DNA of CoinMarketCap is strongly aligned with Binance’s ethics and culture, from its integrity to its value of freedom, transparency and user-focus. Our common vision will be strengthened by this acquisition to further […]