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US financial regulators voice concerns over Tether and Facebook’s Diem

Tether (USDT/USD) and Facebook’s Diem, formerly Libra, were the main topic in a recent private meeting that discussed the risks stablecoins pose to financial systems. A report citing people familiar with the matter disclosed this news on July 27, noting that the US Treasury Secretary, Janet Yellen, led the meeting, which comprised the President’s Working […] The post US financial regulators voice concerns over Tether and Facebook’s Diem appeared first on Invezz. дальше »

2021-7-29 16:34


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iTrustCapital adds Enjin (ENJ) to its crypto IRA / 401k retirement platform

iTrustCapital, the leading crypto IRA / 401k platform in the US, has added support for Enjin (ENJ/USD), the native token of the Enjin ecosystem. The company unveiled this news through an official announcement yesterday, noting that this addition seeks to offer investors a chance to diversify their Crypto IRA / 401k retirement accounts. дальше »

2021-7-28 18:42


At Times Bitcoin Felt Like A “Somewhat Frothy Market,” says Fed Chair Noting Stablecoins “Growing Really Fast”

While worried about that, the Fed is promising “powerful support” through monetary policy. Jerome Powell also called for “appropriate regulation” of stablecoins and getting the digital dollar right, rather than fast, because the US is “not in danger of losing” the reserve currency status. дальше »

2021-7-17 17:53


PayPal Raises Weekly Crypto Purchase Limit to $100k with Annual Limit Removed Altogether

Payments giant PayPal has quietly increased the weekly limit to buy Bitcoin by 5x to $100,000. PayPal announced this change this week, noting that ever since they allowed their users to buy, hold, sell, and checkout with cryptocurrency in October, they have been actively engaging with its customers to better understand their needs. дальше »

2021-7-17 16:49


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Bank Of England Warns Increased Risk-Taking Has Manifested In The Price Volatility Of Bitcoin, Ethereum

The rapid price appreciation of Bitcoin, Ethereum, and other crypto-assets is enough evidence that many investors are willing to take more investment risks. Bank of England published a report on the country’s financial stability noting that the increased risk appetite in crypto assets has also caused their high volatility. The fact that many institutions want […] дальше »

2021-7-15 17:37


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U.S Senator Spots Major Loophole Following China’s Bitcoin Mining Crackdown, But Will The U.S Tap In?

Cynthia Lummis, a US senator representing Wyoming recently took to Twitter to express her opinion on the recent developments with China-based miners, who have relocated. She called the actions of the Chinese government a serious mistake, while also noting that their actions are a huge opportunity for the USA, that is if more people in […] дальше »

2021-7-1 00:05


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FINRA directs Robinhood to pay $70M in penalties for March 2020 outages

The Financial Industry Regulatory Authority (FINRA) has ordered Robinhood Financial LLC to pay approximately $70 million ($50. 68 million) in penalties for unethical trade practices. The self-regulating organization unveiled this news through a press release earlier today, noting that it had fined Robinhood $57 million (£41. дальше »

2021-7-2 21:24


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Mexican billionaire seeks to launch the country’s first BTC-accepting bank

Pro-crypto Mexican billionaire, Ricardo Salinas Pliego, is looking to launch the first Bitcoin-accepting bank in Mexico. Salinas unveiled this bullish news through a tweet on June 27, noting that he hopes to achieve this feat by integrating BTC services into Banco Azteca, a leading Mexican bank, which he founded 19 years ago. дальше »

2021-6-28 14:47


El Salvador’s Law Making Bitcoin Legal Tender to Take Effect in September, Paraguay to Follow

El Salvador’s President Nayib Bukele said in a national address that a recently passed law making bitcoin legal tender would take effect on September 7, noting that its use will be optional. The countries’ Congress has already approved the proposal to embrace the cryptocurrency with a supermajority, making El Salvador the first country in the […] The post El Salvador’s Law Making Bitcoin Legal Tender to Take Effect in September, Paraguay to Follow first appeared on BitcoinExchangeGuide. дальше »

2021-6-25 15:56


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Goldman Sachs uses JP Morgan’s blockchain to execute its first repo trade

American investment bank Goldman Sachs has completed its first repurchase agreement (repo trade) by tapping into the blockchain network of its rival, JP Morgan. A report unveiled this news on June 23, noting that the bank conducted the transaction on June 17, where it changed a tokenized version of a US Treasury bond for JPMCoin, […] The post Goldman Sachs uses JP Morgan’s blockchain to execute its first repo trade appeared first on Invezz. дальше »

2021-6-25 18:40


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Blockchain Capital secures $300M in a PayPal and Visa-led funding round

Blockchain Capital, the first and one of the largest Crypto VCs has closed its fifth funding round after raising $300 million (£214. 84 million). The company unveiled this news through a press release on June 22, noting that the funding round was dubbed Blockchain Capital V, LP, and it featured multiple high-profile investors. дальше »

2021-6-24 16:06


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Iran Seizes 7,000 Bitcoin Mining Machines

Iranian police have reportedly seized 7,000 bitcoin mining machines operating illegally in the country. The machines were found in an abandoned factory west of the capital. 7,000 cryptocurrency mining machines have been seized by Iranian authorities, state news agency IRNA reported Tuesday, noting that this is Iran’s largest seizure of cryptocurrency mining machines to date. […] дальше »

2021-6-22 19:00


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Sichuan stops supplying power to BTC mining farms; Hashrate falls by 17%

Bitcoin’s hashrate has plunged by 16.94% over the past 24 hours after the Chinese province of Sichuan directed energy companies to stop providing BTC miners with power. A report unveiled this news on June 19, noting that the province took this step after a meeting between China’s Science and Technology Bureau and the Sichuan Ya’an […] The post Sichuan stops supplying power to BTC mining farms; Hashrate falls by 17% appeared first on Invezz. дальше »

2021-6-21 17:06


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General Motors CEO says client demand might see it accept BTC payments

Mary Barra, the CEO of American vehicle manufacturing company General Motors, has disclosed that nothing is stopping the firm from accepting Bitcoin (BTC/USD). Barra unveiled this news during an interview on June 16, noting that the company is ready to accept payments in the leading cryptocurrency provided there is consumer demand. дальше »

2021-6-18 23:27


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Report: Social media influencers are getting paid to advertise crypto

As the popularity of cryptocurrencies surges following their stellar performance this year, social media influencers are increasingly getting involved with the nascent sector. A report unveiled this news on June 15, noting that influencers such as the D’Amelio family, Tana Mongeau, and others have been posting paid crypto ads on their social media handles. дальше »

2021-6-16 19:42


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Deutsche Bank Warns: Ignoring Rising US Inflation Akin to ‘Sitting on a Time Bomb’

Deutsche Bank published a report Monday noting that the United States is facing “the very real specter of consumer-driven inflation. ” The bank’s chief economist David Folkerts-Landau and others notably highlight the Federal Reserve’s monetary easing policy and recent tolerance toward higher inflation. дальше »

2021-6-8 18:00