Category: Digital Currency

Singapore fx
December 20, 2019 BY Mariela Naydenova

The World Federation of Exchanges responds to MAS regarding derivatives contracts on crypto assets

The WFE (the World Federation of Exchanges), the global industry group for exchanges and central counterparties called CCPs, has recently given a response to MAS, the Monetary Authority of Singapore's Consultation Paper on Proposed Regulatory Approach for Derivatives Contracts on Payment Tokens or so crypto assets. The response given by WFE stresses the significance of the role…

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Securities and Exchange Organization
December 20, 2019 BY Mariela Naydenova

Are Muslim countries going to have their own crypto?

The President of Iran has proposed that Muslim countries adopt a cryptocurrency. President Hassan Rouhani commented that the domination of the US dollar has allowed economic sanctions to basically weaken economies. Thus, an action must be taken to neutralize this negative effect of the USD. The President of Iran has expressed his wish for a cryptocurrency…

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Bitcoin is on fire, as confidence swells: “The asset class is here to stay”
December 17, 2019 BY Mariela Naydenova

Coincheck drops leveraged trading

The Japanese cryptocurrency exchange Coincheck has decided to drop its leveraged trading services. The information comes straight from a blog post of the company. The leveraged crypto trading feature is expected to end on March 13, 2020 (Friday) at 12:00. By this time, all positions should be settled. After March 13, all customers will have…

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fintech
December 10, 2019 BY Mariela Naydenova

Amun to offer crypto ETPs in the EU

Amun AG is a Swiss fintech company that announced this Tuesday that it has gained approval from the Swedish Financial Supervisory Authority (SFSA) to offer crypto ETPs in the European Union. Amun offers ETP products (exchange-traded products) backed by either basket of cryptocurrencies or single cryptocurrency. The company currently has 10 of its products listed on…

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Skrill adds crypto-to-crypto buy and sell feature to its offering
November 29, 2019 BY Valentina Kirilova

Skrill adds crypto-to-crypto buy and sell feature to its offering

Paysafe’s digital wallet, Skrill, has announced earlier this week that its clients can now use bitcoin to buy other cryptocurrencies using the Skrill Cryptocurrency Service, enabling quicker and more efficient cryptocurrency transactions. Skrill's customers will no longer have to convert their interests in one cryptocurrency back into fiat currencies before purchasing an interest in a new…

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November 19, 2019 BY Mariela Naydenova

Cashaa is launching special USD accounts for crypto businesses

The cryptocurrency businesses in the US are going to see their lives made easier. This is thanks to the crypto-friendly banking service provider Cashaa - a company that is launching USD accounts for businesses involved in cryptocurrency transactions. The USD bank accounts will be provided in partnership with Metropolitan Commercial Bank. Cryptocurrency businesses will be…

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Facebook
November 13, 2019 BY Mariela Naydenova

Why exactly did Mastercard pull out of Facebook's Libra?

The cryptocurrency project of Facebook, Libra, has come a long way. The most important update is that the tech giant will not be launching the project until all regulatory "clearance" is over. With that, the project is currently delayed for at least 2020. However, as regulatory concerns grew stronger, some of the founding members of the…

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TradeStation Group launches investment education media service and trading community
November 08, 2019 BY Mariela Naydenova

The Andreessen Horowitz free crypto startup school is here

Andreessen Horowitz is launching a free crypto startup school. In October 2019, a16z general partner Mr. Chris Dixon announced the project at TechCrunch Disrupt. The official launch of the school is today. Interested parties can already apply and can do so in the following four weeks. The idea behind the school is to democratize the…

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