Bitcoin.com has announced the launch of its own cryptocurrency exchange, which will support “various trading pairs and such popular cryptocurrencies as LTC, XRP, TRX, ZEC, XLM and EOS”. According to the statement, “Exchange.Bitcoin.com will support markets denominated in basic cryptocurrencies such as BCH, ETH, BTC and USDT.” Bitish.com Managing Director Danish Chaudhry said the platform…
Yves Mersch of the European Central Bank (ECB), says that Libra can undermine the monetary policy of the European Central Bank. Libra harmful to European economic instability During a conference of the European Central Bank in Frankfurt, Yves Mersch, a member of the Executive Board, expressed his doubts about Facebook’s Libra. He discussed the risks…
This Monday, the Binance cryptocurrency exchange acquired the JEX trading platform, which provides its customers with spot and derivative trading opportunities. “The JEX platform will become part of the Binance ecosystem and will further develop the cryptocurrency derivatives market. Binance JEX will provide professional services to users of the Binance ecosystem, including futures contracts, options…
South Korean giant Kakao plans to list its cryptocurrency Klay on exchanges, however, it is possible that the company will have to choose foreign sites in connection with the local regulatory regime. According to News1, Kakao is currently considering two exchanges for possible cryptocurrency trading, one in China and the other in South Korea. However,…
HSBC Bank, one of the largest financial conglomerates in the world, has announced the completion of its first RMB letter of credit transaction on the Voltron blockchain platform. It is reported that as part of the deal, Hong Kong-based MTC Electronics exported a batch of LCD screens to its parent company Shenzhen MTC. Thanks to…
The IT division of the Indian conglomerate Mahindra Group has entered into an agreement with the American blockchain company Adjoint to launch a solution for financial and insurance management. The local publication CommsMEA reports that with the system it will allow customers to verify the business case of projects using their own data and in…
Connecticut U.S. police found a cryptocurrency stolen suspect for $ 15,000 after a thief accidentally sent an apology letter not to the victim, but to the investigative detective. The theft occurred in April. Darren Carter, a New Jersey resident, stole a mobile phone from a Connecticut resident. Later, with his help, Carter transferred to himself…
Samsung Electronics will present its developments related to the blockchain at the SDC Developer 2019 conference. The event will be held in San Jose, California this October. Many have already noticed that the Korean giant is eyeing blockchain technology and its potential. Samsung Electronics Vice President Jay Lee detailed this point in a roadmap that…
Financial Integrity Network (FIN) – a Washington, D.C.-based consulting firm. – asked the US Congress to regulate cryptocurrency companies in accordance with the Bank Secrecy Act (BSA). In a copy of the FIN testimony published before the hearing on September 3, FIN recommended that providers of virtual asset services (VASPs) be regulated based on the…
The Sierra Leone government plans to fully implement the national blockchain-based identification system by the end of 2019. Sierra Leonean President Julius Maada Bio said the new infrastructure will allow financial institutions to verify their identity and create customer credit histories. The new project, called the National Digital Identification Platform (NDIP), is based on a…
