The first licensed bank to launch its own cryptocurrency is the European Union Bank AG. Based in Liechtenstein, the bank is setting out to disrupt how financial institutions think of altcoins, as it will be launching its very own digital currency. As reported by AMB Crypto, the Bank commented on their decision to launch a…
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China has outdid every country in the world when it comes to cryptocurrency regulation and control. However, the country is taking the crypto craze in its own hands and is now working to create its very own government-backed alt coin. While the project is yet to be implemented and the launch of an actual coin…
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Robert Kiyosaki wrote one of the world's best-selling finance books, called "Rich Dad, Poor Dad". The author has now spoken about the value of cryptocurrencies and why they can be hedging tools for the next financial crisis that will hit the world economy. Kiyosaki takes a firm stand against fiat money and the fact that…
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Venezuela is struggling very hard at the moment, experiencing both economic and political meltdowns. Amidst a crisis that is "living" among Venezuelans in so many ways, including their daily and social lives, the Venezuelan government has introduced its second official cryptocurrency, in addition to the bolivar fuerte, the petro - an oil-backed cryptocurrency. While Venezuela…
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Bitt Inc. is a fintech company based in the Caribbean Islands, in Barbados, that uses blockchain to aid P2P payments via mobile applications. The company has recently signed a Memorandum of Understanding with the Central Bank in the Caribbean Islands or CBCS (Central Bank of Curacao and Sint Maarten) for the development of a government-owned…
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Vietnam is one of those countries that stands firmly against cryptocurrencies, judging by their legal actions. Country officials are currently pushing for more regulations to be introduced for cryptocurrency trading and transactions. Thailand is in the same position as Vietnam. The two countries are anti-crypto and officials are looking for ways to prevent businesses from…
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Banks and financial institutions are all over the place with cryptocurrencies: they "love" them, they "hate" them. And while blockchain is sweeping the floor with new applications in hundreds of industries and companies, the future of cryptocurrencies is yet unclear. One surprising rumour right now is that the first cryptocurrency bank is going to open…
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From a cryptocurrency company to an IPO – that is one very steep and difficult road for a company to walk through. However, the cryptocurrency mining company Argo Blockchain is now going to be listed on the London Stock Exchange, essentially becoming the first such company to be listed on LSE. Argo Blockchain just completed…
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It may be a little surprising to know that Microsoft and Starbucks have teamed up on a new beverage-cryptocurrency product. Shortly after McDonalds announced that they will be offering the MacCoin to honour the 50th anniversary of the Big Mac, Starbucks is the other large consumer company that has recently joined the cryptocurrency payment solutions.…
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Artificial intelligence is poised to disrupt the cryptocurrency world, and vice versa. A company name Zwoop, which is in fact an AI-powered e-commerce platform, is specially created to disrupt the online shopping experience for customers around the world through cryptocurrency payments. The idea behind Zwoop is a very massive and ambitious one, yet practical. Zwoop…
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