business news

Coinbase crypto debit card

Coinbase becomes Direct Visa Card Issuer with Principal Membership

Coinbase is now a principal member of VISA, according to the Feb 19 announcement. This will allow it to issue debit cards without relying on third parties. The membership is an evolution of Coinbase’s current relationship with VISA, with the cryptocurrency exchange providing a Visa debit card. Called Coinbase Card, it allows customers residing in […]

Tokenomica now offers crypto-to-euro trading

Crypto Exchange Tokenomica Now Offers OTC Crypto-to-Euro Trading

Tokenomica, a crypto asset exchange based in Malta, has announced over-the-counter, or OTC, cryptocurrency trading for large participants. The Mediterranean-based exchange now offers participants the ability to trade large amounts of BTC for Euros, separate from the exchange’s order books. The first announcement comes directly from Toenomica through its blog post on Feb 18. The […]

fcoin shuts down

Chinese Exchange FCoin Closes Down, Still Owes Users $125 Million

Zhang Jian, the founder of Chinese crypto exchange FCoin, revealed in a post earlier today that FCoin may not be able to pay the 7,000-13,000 BTC (that’s $67 million to $125 million) that it owes users. According to Zhang, the exchange hasn’t been hacked and isn’t an exit scam. But evidence suggests it might be […]

central bank of bahama to roll out its digital dollar in h2 2020

Bahama Digital Dollar to Roll Out Across All Islands in H2 2020

While major industry actors argue that central bank digital currencies are years or decades ahead, the Bahama plan to adopt a CBDC no later than 2020. John Rolle, the governor of the Central Bank of the Bahamas (CBOB), confirms that the Bahamian digital dollar initiative will be introduced across all islands in the second half […]

forbes release top 50 fintech company list

Forbes Release Top Fintech 50 List; Six Out of Them Are in Blockchain

Forbes releases the 2020 Top Fintech 50 list this week, which includes six blockchain companies in top financial technology companies. Carrying a “Blockchain and Bitcoin” category tag, Forbes lists Axoni, Chainalysis, Coinbase, Everledger, MakerDap and Ripple in the top fintech 50 list 2020. The official announcement first comes into media notice on Feb. 12. On […]

google joins hedera hashgraph

Google Joins Hedera Hashgraph’s Government Council

Hedera Hashgraph chose Google Cloud Platform as its preferred cloud provider for deploying its public networks. A Feb 11 post on Google blogs commends Hedera for the choice while revealing that it is taking an active stake in the project’s governance. Hedera is set to use Google Cloud to host its public testnets and Hedera […]