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Huobi Exchange To Stop Serving US Customers In Mid-November; Withdrawal Your Crypto Now
The vague stance towards the regulation of the cryptocurrency industry in the United States is gradually locking out more and more exchanges from operating in the country. Earlier in the year, Huobi exchange included a clause prohibiting US customers from trading on the platform on its Terms and Conditions, but a couple of traders have […] дальше »
2019-11-3 17:49 | |
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The Ideal Buying Zone Price for Bitcoin is Near the $6,700 Level: Crypto Twitter Analyst
The cryptocurrency market has been making some noise recently thanks to some positive new developments. Last week, China’s Xi Jinping stated that the country should focus on the future of blockchain technology, which bumped the coin up from its sideways movement. дальше »
2019-11-2 18:34 | |
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Luno Makes Triumphant Return to Singapore as Lenders Warm Up to Bitcoin
The popular Luno cryptocurrency exchange is set to re-open its services in Singapore after months of ceased operations in the country. The service is set to open its deposit services in Singapore dollars within a month after two banks opened accounts on its platform, effectively ending an exile that lasted about two years. дальше »
2019-11-3 17:20 | |
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Mattress Mack Loses $13M on World Series Bet and He’d Do It Again
Mattress Mack, a Houston-area furniture salesman, had around $13 million in bets on the Houston Astros. The winnings would have covered his losses in a furniture promotion he ran in conjunction with the team’s World Series aspirations. дальше »
2019-11-4 14:34 | |
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Argentina’s Central Bank Bans Certain Bitcoin Purchases as Economy Flails
If you’ve followed the macroeconomic or Bitcoin news cycle over the past few months, you’ve likely heard and seen the qualms of Argentina. The South American country has been going through a bout of political and economic turmoil, which has culminated in rapidly-increasing inflation and a tumultuous stock market. дальше »
2019-11-2 01:00 | |
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Argentinians Can No Longer Buy Bitcoin with Credit Cards Per Country’s Central Bank Notice
Cointelegraph reports that the fiscal regulator has taken drastic measures in order to protect the foreign exchange reserves of Argentina which has been under immense stress following months of high inflation rates which has led to the slump in the country’s currency, the peso. дальше »
2019-11-2 23:14 | |
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Binance targets expansion with plans to move in China, South Korea
Over the past few months, China has taken major strides in the virtual asset industry, following which, major crypto-institutions are now trying to capitalize on the Asian country's pro-crypto demeanoThe post Binance targets expansion with plans to move in China, South Korea appeared first on AMBCrypto. дальше »
2019-11-1 14:10 | |
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Dow Futures Jump Thanks to China Data But There’s Danger Ahead
Futures on the Dow Jones Industrial Average (DJIA) are up Friday thanks to strong Chinese PMI data. China’s economy is not on track just yet as there are contradictory data points coming out of the country. дальше »
2019-11-4 13:42 | |
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Bitcoin Fund Gets Approval Nod from Regulators in Canada
The first regulated Bitcoin fund available on traditional exchanges in North America will set off on Canadian soil. Canada-based 3iQ Corp recently received a positive response from the Ontario Securities Commission (OSC) following the company’s efforts to list ‘The Bitcoin Fund’ on the country’s stock exchange. дальше »
2019-11-1 05:15 | |
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Presidential Committee Commits to Giving Crypto a Legal Status in Korea
During the 4th industrial revolution, the Korean presidential committee urged the government to accord cryptocurrencies a legal status. The committee said that this was to assist the country so it remains at the front in terms of innovations. дальше »
2019-10-31 21:21 | |
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Xi’s Throwaway Blockchain Quote is Sparking China’s Crypto Frenzy Again
Blockchain business begins to boom in China. Bitcoin runs off the back of blockchain adoption, creating a vast grey area in the country. Provinces all over China start to heed President Xi’s call to action. дальше »
2019-11-1 14:56 | |
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The Xi Effect – Chinese Government to Fund Blockchain Projects
Chinese President Xi Jinping’s announcement that the country would invest heavily in blockchain technology – coupled with a sweeping move to remove online posts suggesting such technology is a scam – has nourished optimism long-held by crypto advocates. дальше »
2019-10-31 10:04 | |
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Chinese City Guangzhou Announces $150M Fund for ‘Outstanding Blockchain Projects’
The Chinese government is looking to subsidize blockchain projects, and the city of Guangzhou is leading the charge. The local government announced a fund of 1B renminbi ($150M USD) to bankroll “outstanding blockchain projects. дальше »
2019-10-31 02:12 | |
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Russian Bitcoin Mining Firm Owned By Putin Aide Aims to Control 20% of BTC Hashrate
An aluminum plant in Russia’s northern Karelia region could soon be hosting one of the largest Bitcoin mining facilities in the country. Of course, the plant is no longer serving its primary purpose after being decommissioned in 2018. дальше »
2019-10-31 22:20 | |
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TRON and NEO Win Poll on Chinese Public Chains
Since the October 25 speech by the Chinese president, the country’s interest in blockchain technology and related projects has dramatically spiked. This has had positive spillover effects for several China-based cryptocurrencies — namely TRON (TRX), NEO (NEO) and Ontology (ONT), which have recorded increases between 20-70 percent. дальше »
2019-10-31 20:27 | |
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Experts Expect “Multi-Billion-Dollar Support” From China in Blockchain & Crypto Companies
China’s President Xi Jinping’s latest remarks on the country embracing blockchain technology and taking a leadership position in the space will give Beijing an edge in the global race to lead in the nascent technology said, analysts and investors. дальше »
2019-10-30 19:31 | |
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Bitmain Confidentially Submits IPO Paperwork to the SEC to List Shares on US Security Markets
Bitmain, a crypto mining company, is in talks with US Securities Exchange Commission (SEC) on a possible launch of an initial public offering in the country following a failed launch on Hong Kong exchanges in March this year. дальше »
2019-10-30 18:25 | |
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Who Caused the 42% Bitcoin (BTC) Rally?
The Bitcoin rally late last Friday added a dramatic 42% gain to its peak at above $10,000. The days before that saw seemingly disconnected “whale” transactions going to exchanges. Chinese Traders Not the Whole Story But then, the markets were on fire, with the common cause seen as “the Xi Effect”. дальше »
2019-10-30 17:58 | |
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Facebook’s Libra will not succeed, says China’s Huang Qifan
Soon after the Chinese Congress passed ‘The Cryptography Law,’ several influencers of the cryptocurrency industry went on to applaud the country for the latest development as this move would bolster the adoption of crypto. дальше »
2019-10-30 07:20 | |
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Weiss Ratings: China will never use Bitcoin, EOS is number one rated crypto
Weiss Crypto Ratings recently stated that China would never use Bitcoin. The comments come after the nation’s Center for Information and Industry Development published the latest edition of its crypto rankings index. дальше »
2019-10-30 05:15 | |
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Bity’s Swiss crypto ATM network adds litecoin (LTC) buy/sell support
Bity SA, a Swiss bitcoin/crypto brokerage and ATM network with 12 locations currently operating across the country, announced today that it has added full support for litecoin (LTC). Users of Bity’s network can now buy LTC, BTC, ETH, and XMR with CHF or EUR. дальше »
2019-10-30 01:47 | |
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People’s Bank of China (PBoC) Launches Digital Payment Certification of Fintech Products System
In what has been China’s week for blockchain, The People’s bank of China (PBoC), launched a new certification program to regulate digital currency payments in the country. The new laws will be set up and approved by the authority according to the official report released in a filing dated Oct. 26. The report states the […] дальше »
2019-10-30 01:31 | |
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Brazil’s Atlas Quantum, a Bitcoin Trading Firm, Has 1 Day to Give Back Investors’ Money Over $250K of BTC
A court in Brazil has given 24 hours for a company operating in automated bitcoin to refund the money to the two investors it has. In the past few years, Atlas Quantum platform as allegedly faced a lot of difficulties withdrawing funds and making profits since the securities regulator in the country took strict action […] дальше »
2019-10-30 01:03 | |
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CCID Still Loves EOS, NANO Surges Through The Rankings
China’s Center for Information Industry Developed Research Institute’s monthly crypto rankings have always been viewed as an oddity, given that the CCID is controlled by the Ministry of Industry and Information Technology in a country notoriously scathing toward cryptocurrency. дальше »
2019-10-30 23:11 | |
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ICON Can Gain Momentum Upon South Korea’s Decision to Follow China’s Blockchain Initiatives
The blockchain market was full of good news from China last week. That was mainly after the president made a positive sentiment on the adoption of blockchain technology in the country. That information made the Chinese-based digital coins increase in price. дальше »
2019-10-29 21:05 | |
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Brazilian Bitcoin Arbitrage Firm Given 24-Hours to Refund Investors
A Brazilian court has given a company operating an automated Bitcoin arbitrage service 24-hours to return the funds of two of its investors. The Atlas Quantum platform has reportedly faced difficulties with withdrawals since the country’s securities regulator took action against it in August. дальше »
2019-10-29 18:01 | |
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Bitcoin Will ‘Never’ Crack China Due To Politics, Says Weiss Ratings
Bitcoin will not see official acceptance in China, ratings agency Weiss Ratings has declared as hype continues over the country’s Blockchain stance. Weiss: Bitcoin ‘Antithesis’ Of Chinese Politics In a tweet on October 28, Weiss, which has become well known for its no-nonsense tone on social media, said China would “never” use Bitcoin . дальше »
2019-10-29 13:30 | |
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China Not Facebook Is Likely to Be the First to Launch Digital Currency and Roll Out DCEP
Coinspeaker China Not Facebook Is Likely to Be the First to Launch Digital Currency and Roll Out DCEPA Chinese financial expert said that China will be the first country to properly float a digital currency, adding that Facebook’s Libra efforts will fail. дальше »
2019-10-29 12:50 | |
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Bitcoin Is 30% More Attractive For Argentinians Than Physical Dollars
“Long Bitcoin, short bankers” — a slogan tirelessly used by maximalists like Anthony Pompliano, seems to have become Argentina’s motto as a result of President Mauricio Macri’s terrible administration leading the country to become the third most miserable economy in the whole world. дальше »
2019-10-29 10:05 | |
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Why Central Banks Are Not Designed for Democracies
Through their policies, central banks exert tremendous influence over the socio-economic conditions in a country and its business environment. Their decisions are so powerful that it’s obvious they are part of the government. дальше »
2019-10-29 03:32 | |
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China’s SAFE Regulator: Libra Could Be Used For Mischievous Cross-Border Payments
A senior Chinese regulator, Sun Tianqi recently spoke about the Facebook’s Libra project. According to the Chief Accountant of China’s State Administration of Foreign Exchange, Libra needs to abide by the same kind of law that other foreign currencies do or it will be banned from the country. According to Sun, countries that asses Libra […] дальше »
2019-10-29 01:44 | |
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Why China’s Interest in Blockchain Will Ultimately Be Bad For Crypto
Last week, Chinese President Xi Jinping gave a speech where he praised the blockchain technology many crypto assets are built on and urged his country to ensure it is at the forefront of future developments in the space. дальше »
2019-10-28 22:00 | |
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China Has 700+ Blockchain Companies, According to Industry Study
A new study from the China Electronic Information Industry Development shows that there are over 700 blockchain firms in the country
дальше »2019-10-29 19:16 | |
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Blockchain Company Xunlei Sees Nasdaq Share Prices Triple After China’s Commitment To Tech
Shortly after Chinese President Xi Jingpin commented on how blockchain should be embraced, a lot of interesting events unfurled. The President during his speech at a meeting of the Political Bureau of the Chinese Communist Party’s Central Committee on Thursday remarked that the country should “seize the opportunity” afforded by the development of blockchain technology. […] дальше »
2019-10-28 16:56 | |
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Could Blockchain and Artificial Intelligence Enhance Cross Border Financing?
The world of technology is constantly growing, and the advancements of blockchain and artificial intelligence have created many new opportunities. However, their full extent and the way it can be used has yet to be reached, leading China to decide to perform research as well. дальше »
2019-10-28 16:27 | |
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Capital Controls to Push Bitcoin Demand: Lebanon Bans Large Dollar Cash Outs
Lebanon Public Prosecutor Ghassan Oueidat released an order that has imposed a ban on traders and money exchangers from taking significant amounts of dollar currency out of the country. This is until a new mechanism is determined for regulating such transfers. дальше »
2019-10-28 16:17 | |
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Commercial Banks Should Increase Blockchain Application, Says China Central Bank Official
Commercial banks should step up the application of blockchain technology to embrace digital finance, Li Wei, the head of the People's Bank of China’s technology department, said at a forum in Shanghai on Monday. дальше »
2019-10-28 16:05 | |
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Bitcoin – Blockchain interest spikes as Chinese FOMO takes hold
From banning Bitcoin and other cryptocurrencies outright, to China now repositioning itself as a blockchain-powered nation after the passage of a ‘Cryptography Law’ by its National People’s Congress, the country’s developments have revived optimism in the crypto-industry. дальше »
2019-10-28 14:30 | |
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Chinese Bitcoin FOMO: Major Bank Invests in Popular BTC Wallet
Chinese bitcoin FOMO appears to be on the rise as a major bank has reportedly invested in a local wallet platform. This report marks another significant crypto and blockchain-related development from China as the country appears to be moving towards government-approved adoption. дальше »
2019-10-28 12:00 | |
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China Is Exploring Blockchain and AI Use Cases in International Trade Financing
China is reportedly looking into the various use cases for blockchain tech and artificial intelligence (AI) in international financing, with a special focus on risk management procedures. The country intends to further liberalize its financial... дальше »
2019-10-28 10:33 | |
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China’s President Xi Jinping’s ‘blockchain shill helps Bitcoin awareness’
One of the biggest boosts for the blockchain and cryptocurrency space this year unexpectedly came from China. With the country changing its stance from banning Bitcoin and other cryptocurrencies to launching its own digital coin, CBDC. дальше »
2019-10-28 22:30 | |
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Blockchain Makes Headlines in China As Localities and Universities Begin Massive Adoption Push
China’s President Xi Jinping recently told the Politburo that the country must “seize the moment” and push for blockchain adoption. The news has caused massive ripples throughout the country. дальше »
2019-10-27 04:15 | |
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Cash Runs Dry at ATMs as Protests Escalate in Chile
There’s a lot of unrest in Chile right now as the country has seen massive protests against government manipulation and an escalation of financial problems. Local reports detail a few banking establishments have been burned after customers started having issues withdrawing cash from ATMs. дальше »
2019-10-27 00:45 | |
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Hungarian Central Bank Reveals Fintech Strategy to Foster Financial Innovation
The central bank of Hungary, the MNB, has just published its first strategy on fintech. The plans aim to bring greater digitization to the domestic financial sector in the country. The report, titled ‘Financial Innovation and Stability,’ is the product of central bank collaboration with Hungarian companies working in the fintech industry. дальше »
2019-10-27 00:15 | |
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Central Bank of the Bahamas (CBOB)’s Project Sand Dollar is Coming to the Country
Plans are underway from the Bahamas' Central Bank to unleash its digital coin. The announcement was made recently, and the bank said that this was in a bid to make the economy more resilient. Having their digital currency will ensure the economy remains stable even in times of natural disaster occurrences. The governor of the […] дальше »
2019-10-26 19:27 | |
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China’s National People’s Congress passes ‘cryptography law’ after blockchain announcement
China is taking great strides towards staying ahead of the United States in the emerging field of fintech, blockchain, and cryptocurrency. President Xi Jinping made news yesterday after he announced that China is focused on becoming the world leader in blockchain technology. дальше »
2019-10-26 11:42 | |
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Bitcoin Price Pump Follows S&P 500, Fills CME Gap After China’s Blockchain Endorsement
The Bitcoin price has pumped significantly following Chinese President Xi Jingping’s call for the country to become a global blockchain leader. However, there is more behind BTC’s pump than just that. дальше »
2019-10-26 20:52 | |
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Crypto Owners in US Have Risen 81% YTD
Although the United States is far from being pro-crypto, it is the country that has the largest number of cryptocurrencies hodlers. Most notably, according to a study commissioned by Finder, the number of Americans owning crypto assets is rising. дальше »
2019-10-25 20:30 | |
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