Cryptocurrency

stablecoins

Stablecoins Reap the Benefits While BTC Is Having Its Hard Time: Coin Metrics

Coin Metrics is a blockchain analysis firm which recently finds that while bitcoin (BTC) is experiencing its daily drop stablecoins, on the other hand, are doing quite good & are reaping the benefits. Coin Metrics is globally famous for conducting various aspects of cryptocurrency tokens. The firm releases its State of the Network Report on […]

Akon's crypto project Akoin adds Delchain as Partner

Akon’s Crypto Project “Akoin” Adds Delchain as Partner

Akoin, a cryptocurrency project from famous Grammy-nominated singer & rapper Akon, has joined up with blockchain financial infrastructure company Delchain. “Bahamas-based digital asset management leader Delchain, an affiliate of Deltec, has provided strategic advisory services and expertise in connection with Akoin’s token generation event on a top tier exchange, scheduled for Q2 of 2020,” Akoin […]

Coinbase card now available on Android phones through Google Pay

Coinbase Card Now Available on Android Phones Through Google Pay

Coinbase Card users owning supported Android phones can now avoid using the physical card. Through an integration with Google Pay announced on March 17, the card can be emulated by a mobile phone. The Coinbase Card connects a holder’s cryptocurrency balance on the exchange, which is then used for spending crypto via an instant conversion […]

Binance and WazirX sets up $50M

Binance & WazirX Sets Up $50M Indian Blockchain Fund to Foster Growth

Global decentralized cryptocurrency exchange Binance Group and WazirX are going to share the same stage to foster the growth of the Indian startup ecosystem. The collaboration has set up a $50 million (Rs 370 Crore) blockchain technology fund for India weeks after the Supreme Court struck down the curbs on cryptocurrency trade in the country. […]

Zimbabwe returns to crypto

Zimbabwe Returns to Crypto as Reserve Bank Proposes Regulatory Sandbox

The Reserve Bank of Zimbabwe (RBZ) is reportedly developing a regulatory sandbox for cryptocurrency companies in the country. The news was reported on March 16 by the local newspaper Chronicle, citing a representative from the bank speaking at a conference on March 13. Chronicle reports that RBZ’s deputy director for financial markets and national payment […]

some indian banks are still refusing to process crypto transactions

Some Indian Banks are Still ‘Arbitrarily’ Refusing to Process Crypto Transactions

Earlier this month, India’s Supreme Court delivered its verdict in a landmark case that promised to usher in a bullish era for cryptocurrency in the country. The apex court ruled to overturn a circular from the Reserve Bank of India (RBI) – issued back in April 2018 – which had banned banks’ services to all […]

Binance doubles ETH withdraw fees

Binance Doubles ETH Withdraw Fees, Firing Up Crypto Traders

Binance announced in a tweet on 12th March that it’s doubling fees for ETH withdrawals. The company cited network congestion as the reason for the decision. The tweet specified: To better facilitate ERC20 and ETH withdrawals during this period of high congestion on the ETH network, we are making the following temporary adjustments: ETH withdrawal […]

Bitcoin adoption in France

Bitcoin Now Qualified as Legal Form of Money by French Authorities

Good news from the crypto community emerges in France where the Commercial Court of Nanterre has recognized Bitcoin as a currency. As reported by Les Echos, Bitcoin now has the official status of money in France. BTC was acknowledged by the court in a decision regarding cryptocurrencies in late February but was made public only […]

Estonia grants license to chilean crypto exchange

Estonia Grants License to Chilean Crypto Exchange

Chile’s crypto exchange trading platform CryptoMarket has obtained a license issued by the Estonian Financial Intelligence Unit (FIU). It allows providing services for the purchase and sale of crypto assets. Founded in 2016, CryptoMarket joins a select group of Latin American crypto companies operating in the region, with Bitso (Mexico) and Mercury Cash (Venezuela) obtaining […]

Crypto in latin america

Crypto Contributes to Money Laundering Problems in Latin America

Amid a major economic downturn, countries in Latin America (LATAM) are increasingly suffering from money laundering through cryptocurrencies, a new report says. Cryptocurrencies like Bitcoin have become a major tool of organized crime groups and hackers in LATAM countries, according to a Feb 27 report issued by threat intelligence firm IntSights. Titled “The Dark Side […]