Cryptocurrencies

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Kraken rolls out new USD funding option for US residents

Cryptocurrencies | 08 Jul 2020 09:12 CET | United States

US-based cryptocurrency exchange Kraken has launched a new USD funding option for US residents (domestic wire) through MVB Bank.

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Bank of Japan explores the potential offline use of a digital yen via CBDC

Cryptocurrencies | 08 Jul 2020 09:03 CET | Japan

The Bank of Japan (BoJ) has published a research paper exploring the potential offline use of a digital yen using central bank digital currency (CBDC).

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Switzerland-based Incore Bank partners with Kraken crypto exchange

Cryptocurrencies | 07 Jul 2020 12:58 CET | Switzerland

Incore Bank has signed an agreement with crypto exchange Kraken to enable clients access to both currency spaces. 
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2.6 million people in the UK bought cryptocurrency

Cryptocurrencies | 07 Jul 2020 11:07 CET | United Kingdom

The Financial Conduct Authority (FCA) has estimated that 2.6 million people in the UK have bought cryptocurrency, with a significant increase in the past 12 months.
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Currency.com granted licence from the Gibraltar Financial Services Commission

Cryptocurrencies | 07 Jul 2020 08:55 CET | Belarus

Currency.com, a regulated crypto assets platform, has received a new distributed ledger technology licence from the Gibraltar Financial Services Commission (GFSC)....

OKEx, Settle Network roll out LATAM fiat gateway

Cryptocurrencies | 03 Jul 2020 14:02 CET | Latin America

Crypto exchange OKEx and fiat-crypto solution provider Settle Network have partnered to provide a fiat gateway for LATAM.
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Simplex now supports Bitcoin SV across its global network

Cryptocurrencies | 02 Jul 2020 14:36 CET | World

Simplex, a fiat infrastructure for digital currencies, has announced that it added support for Bitcoin SV (BSV). 
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B21 launches crypto investment and portfolio management app in India

Cryptocurrencies | 02 Jul 2020 11:04 CET | India

Digital asset investing company B21 has launched its B21 Invest app in India.

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Curv secures USD 23 mln funding, launches tX for digital assets

Cryptocurrencies | 02 Jul 2020 10:06 CET | World

Digital asset security company Curv has announced it raised USD 23 mln in Series A funding and it launched tX for both crypto and traditional FIs.
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Crypto.com and TenX Visa cards get reactivated

Cryptocurrencies | 02 Jul 2020 09:13 CET | World

Crypto.com and TenX’s Visa debit cards, issued by Wirecard Card Solutions (WCS), have been reactivated....

Blockchain startup Kirobo's to allow crypto users retrieve funds sent in error

Cryptocurrencies | 01 Jul 2020 09:56 CET | Israel

Kirobo, an Israel-based blockchain startup, has announced that its technology can prevent the loss of cryptocurrency caused by human error when sending transactions between wallets....

Scotland-based Zumo partners with Modulr

Cryptocurrencies | 29 Jun 2020 11:46 CET | United Kingdom

Crypto wallet and exchange platform Zumo has partnered with digital payments platform Modulr to launch a GBP functionality on the former’s system.
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Sovrin Foundation fires staff after token issuance mishap

Cryptocurrencies | 26 Jun 2020 14:15 CET | United States

US-based blockchain-based SSI umbrella organisation Sovrin Foundation has laid off employees in March 2020, officially becoming a volunteer-run operation, according to coindesk.com.
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W3BCLOUD raises USD 20.5 mln to rollout data centres dedicated for the blockchain economy

Cryptocurrencies | 26 Jun 2020 11:56 CET | United Arab Emirates

W3BCLOUD has completed its initial close of USD 20.5 million in convertible notes from Advanced Micro Devices and ConsenSys, along with several family offices in the United Arab Emirates....

Bitcoin ATM growth may benefit money launderers, report

Cryptocurrencies | 25 Jun 2020 14:22 CET | United States

Analytics company CipherTrace has reported that as the number of Bitcoin ATMs increases, they can be used to sidestep anti-money laundering (AML) controls.
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Hacker group CryptoCore alleged culprit of USD 200 mln steal from crypto exchanges

Cryptocurrencies | 25 Jun 2020 14:19 CET | World

Organised hacker group CryptoCore has been accused of stealing around USD 200 million from online cryptocurrency exchanges, according to ZDNet.
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European Commission promises 'strong' rules for Facebook's Libra

Cryptocurrencies | 25 Jun 2020 09:19 CET | Europe

The European Commission has announced plans to present later in 2020 new rules to develop a ‘sound’ crypto-asset market in the EU....

New Zealand authorities seize USD 90 mln linked to crypto laundering

Cryptocurrencies | 25 Jun 2020 08:54 CET | New Zealand

New Zealand police have seized USD 90 million in bank funds linked to Alexander Vinnik, a Russian alleged to have been the controller of BTC-e cryptocurrency exchange....

Crypto payments company NetCents to provide daily merchant settlements

Cryptocurrencies | 24 Jun 2020 14:27 CET | United States

Canada-based cryptocurrency payments company, NetCents Technology, has announced that it now provides daily settlements for all US-based merchants.
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ING rolls out FATF-friendly protocol for crypto exchanges

Cryptocurrencies | 24 Jun 2020 14:24 CET | World

ING has developed a protocol to assist with the Financial Action Task Force’s Travel Rule requirement for crypto transfers and companies dealing with digital assets.
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Quant Network, SIA successfully test blockchain interoperability

Cryptocurrencies | 24 Jun 2020 14:20 CET | World

Blockchain tech provider Quant Network and fintech SIA have successfully tested cross blockchain interoperability between multiple Distributed Ledger Technology protocols.
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PayPal, Venmo to let users buy and sell crypto

Cryptocurrencies | 23 Jun 2020 13:53 CET | World

PayPal and its mobile payment service Venmo have announced plans to offer crypto buying and selling to users of PayPal and Venmo, according to CoinDesk.
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Germany-based Neufund to stop security token platform development

Cryptocurrencies | 23 Jun 2020 13:49 CET | Germany

Security token startup Neufund has announced plans to freeze its fundraising campaigns and sideline future tokenised equity offerings, citing regulatory concerns....

SYNQA secures USD 80 mln in Series C

Cryptocurrencies | 23 Jun 2020 11:05 CET | Thailand

Thailand-based SYNQA, the parent company of OMG Network, has raised USD 80 million in a Series C funding round led by Siam Commercial Bank.
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KPMG rolls out crypto asset management tools

Cryptocurrencies | 23 Jun 2020 09:50 CET | World

KPMG has developed a suite of tools that aims to assist both traditional financial companies and fintech startups offer tightly managed crypto-asset services....

 

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