Bitcoin
January 28, 2020 BY Mariela Naydenova

Liquid introduces Bitcoin Perpetuals with 100x leverage

Liquid, a Japanese cryptocurrency exchange, is introducing Bitcoin perpetuals with 100:1 leverage ratio. The exchange is the latest one that is adding the Bitcoin product to its platform. The difference between futures and perpetual contracts is that unlike futures, perpetuals do not have an expiry date. As stated by Liquid, a perpetual contract also does…

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Singapore fx
January 28, 2020 BY Mariela Naydenova

MAS introduces new PSA framework for the crypto sector

The financial regulator in Singapore, the Monetary Authority (MAS) has just announced the introduction of the Payment Services Act (PSA), which aims to serve as the new regulatory framework for cryptocurrency payments. The new framework will promote and boost the consumer confidence in transaction with digital assets, believes the regulator. The legislation was passed in…

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Facebook
January 22, 2020 BY Mariela Naydenova

Vodafone moves from Facebook's Libra to M-Pesa

Although Facebook is going forward with their cryptocurrency project Libra (although it was delayed several times), some of the project's key members have continued to leave. After Mastercard and PayPal withdrew as members of the Libra Association, Vodafone is the latest member to leave Facebook's cryptocurrency project. The news comes directly from The Libra Association…

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Huobi DM volumes
January 22, 2020 BY Mariela Naydenova

Huobi Group expands into the crypto brokerage services for institutional investors

Huobi Group announced that it's expanding into brokerage services that target institutional investors in the cryptocurrency sector. The platform called Huobi Brokerage was unveiled during WEF 2020 in Davos. The new business line will become part of the Group's Global Institutional Business (GIB) that Huobi launched last November to monitor its institution-related businesses. The institution…

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Match-Trade launches a Partnership Program
January 20, 2020 BY Mariela Naydenova

Visa to acquire Plaid Inc. for $5.3 billion

Visa has just announced on Monday, January 20, that is has agreed to acquire Plaid. Inc, a fintech privately held startup for $5.3 billion, as reported by local news outlets. Through the acquisition, Visa will have greater access to the ever-expanding fintech space, a fact that has increased competition and the M&A activity in the…

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Exclusive: Bittrex and Bitsdaq launch new crypto exchange, interview with CEO and Chairman Ricky Ng
January 20, 2020 BY Mariela Naydenova

Thai SEC awards license to cryptocurrency exchange Zipmex

Cryptocurrency exchange Zipmex, based in Singapore, has been awarded a license from the Thai SEC to start offering its services in Thailand. The information comes from The Block on January 20, 2020. Zipmex is now one of the very few crypto players in Thailand that has a license to offer its crypto trading services to…

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acquisition
January 20, 2020 BY Mariela Naydenova

PayPal acquires e-commerce startup Honey for $4 billion

PayPal has completed the acquisition of the deal-finding browser add-on company Honey Science Corporation in a $4 billion deal. This is the largest acquisition for the company in its 20-year history. The e-commerce startup Honey has around 17 million active users per month for whom it provides deal-browser extension services to navigate them through the…

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