Big US Banks Exploring Using Bitcoin as Collateral Against Cash Loans, Fidelity Rolls-out the Service for Institutions

Fidelity Digital Assets is set to allow its institutional customers to use Bitcoin as collateral against cash loans. This new service is for those BTC investors who want to turn their holdings into cash but don’t want to sell their crypto assets either, said Tom Jessop, president of Fidelity Digital Assets, in a statement this […] The post Big US Banks Exploring Using Bitcoin as Collateral Against Cash Loans, Fidelity Rolls-out the Service for Institutions first appeared on BitcoinExchangeGuide. äàëüøå »

2021-12-3 16:58

Coinbase Front-Runs an Upcoming “Negative” New York Times Article

On Wednesday, Coinbase not only cautioned the industry of the Treasury Secretary's intentions to regulate self-custodied wallets but showed another bout of transparency. In its attempt to front-run the New York Times, the San Francisco-based cryptocurrency exchange said NYT is “planning to publish a negative story about Coinbase” in the next few days regarding its […] The post Coinbase Front-Runs an Upcoming “Negative” New York Times Article first appeared on BitcoinExchangeGuide. äàëüøå »

2020-11-27 19:34

G7 Leaders Don’t Want Any Stablecoin, Including Facebook’s Libra to Launch Without Regulation

Financial leaders of the world’s seven biggest economies oppose the launch of Facebook’s Libra stablecoin until it is regulated, as per a G7 statement draft. Digital payments can improve access to financial services and cut costs and inefficiencies, says the draft prepared for a meeting of finance ministers and central banks of the United States, […] The post G7 Leaders Don’t Want Any Stablecoin, Including Facebook’s Libra to Launch Without Regulation first appeared on BitcoinExchangeGuide. äàëüøå »

2020-10-13 15:42

‘Large-Scale’ Crypto Exit Scams Detected in Estonia’s E-Residency Program

Estonia had granted foreigners remote access to its digital infrastructure through its e-residency program, which is now linked to cryptocurrency frauds abroad. Amidst Europe working on improving its anti-money laundering rules, with EU banking watchdog calling for a single set of regulations after going through several related scandals, companies headed by Estonian e-residents have been […] The post 'Large-Scale' Crypto Exit Scams Detected in Estonia’s E-Residency Program first appeared on BitcoinExchangeGuide. äàëüøå »

2020-9-29 20:50

Cream Finance Announces AMM, creamY, with Several Innovations that ‘Make it Stand Out’

Cream Finance has introduced an automated market maker (AMM) which focuses on low slippage and fees of stablecoins. Combining Curve’s very low cost and very high-efficiency feature and Balancer’s updatable for addition or removal of an asset from the pool — unlike Uniswap or Curve pool, which are immutable — creamY has created a “dynamically […] The post Cream Finance Announces AMM, creamY, with Several Innovations that 'Make it Stand Out' first appeared on BitcoinExchangeGuide. äàëüøå »

2020-9-22 22:07