Cryptocurrencies

Bloomberg: Crypto, Fiat Trading App Robinhood ‘in Talks’ to Obtain US Banking Licence

4 weeks ago admin2 Comments Off on Bloomberg: Crypto, Fiat Trading App Robinhood ‘in Talks’ to Obtain US Banking Licence
Stock and crypto trading app Robinhood plans to offer banking services to its 4 mln users, Bloomberg reported June 20, citing anonymous sources. Robinhood, which in February began allowing zero-fee cryptocurrency trading through its Robinhood Crypto tool, is currently in “constructive” talks with the U.S. Office of the Comptroller of the Currency (OCC) to position Read More

Chairman of Korean Gaming Giant Predicts Use of Blockchain in ‘All Industries’ in Future

4 weeks ago admin2 Comments Off on Chairman of Korean Gaming Giant Predicts Use of Blockchain in ‘All Industries’ in Future
The chairman of Netmarble, one of the largest South Korean gaming companies, believes that blockchain technology will soon be applied across all industries, local news outlet EDaily reports June 20. Netmarble reported revenue of 1.5 trillion won (about $1.35 billion) in 2016, with a market cap of 12.86 trillion won (about $11.59 billion) today. During Read More

Blockchain Platform to Challenge App Stores With ‘Borderless Payments’

4 weeks ago admin2 Comments Off on Blockchain Platform to Challenge App Stores With ‘Borderless Payments’
A new platform is going to allow anyone to establish their own eCommerce content store and receive payments from anywhere in the world – reducing costs for their consumers and opening the door to fast-growing emerging markets. The platform would allow service providers and other entreprises to build up applications or services on it’s blockchain. Read More

Swiss Crypto Company Acquires License to Distribute Funds to Investors

4 weeks ago admin2 Comments Off on Swiss Crypto Company Acquires License to Distribute Funds to Investors
Finance Crypto Fund AG has been granted a license to distribute funds on behalf of “qualified investors” in Switzerland. The permission has been issued by the country’s financial market regulator, FINMA. The firm also seeks approval for another crypto-related service. Also read: Zug Tests Blockchain to Decide on Fireworks and Digital IDs First Point of Read More

Geopolitical Analyst Believes Blockchain Will Become ‘Obsolete’

1 month ago admin2 Comments Off on Geopolitical Analyst Believes Blockchain Will Become ‘Obsolete’
Geopolitical analyst George Friedman says that blockchain technology will one day become “obsolete,” CNBC reported June 15. Friedman is a founder of Geopolitical Futures, an online publication dedicated to predicting the future course of international affairs, and author of “The Next 100 Years: A Forecast for the 21st Century.” He told CNBC that he has Read More

Bank of International Settlements to Publish New Crypto Research

1 month ago admin2 Comments Off on Bank of International Settlements to Publish New Crypto Research
The Bank of International Settlements (BIS) is dedicating two chapters of its forthcoming annual economic report to cryptocurrencies. BIS – considered to be the central bank’s central bank – will publish those two chapters this weekend on June 17, the institution announced this week. The full report will be published on June 24. The upcoming Read More

Former BTC-only Exchange ItBit Gets NY Regulatory Approval to Add Four New Crypto Assets

1 month ago admin2 Comments Off on Former BTC-only Exchange ItBit Gets NY Regulatory Approval to Add Four New Crypto Assets
Formerly Bitcoin (BTC)-only exchange itBit has received approval from the New York State Department of Financial Services (NYDFS) to add trading in four new cryptocurrencies, according to a press release shared with Cointelegraph June 14. In addition to BTC trading, the platform will now be offering trading and custody services for Bitcoin Cash (BCH), Ethereum Read More

Bitcoin in Brief Thursday: Thomson Reuters to Track Top 100 Cryptocurrencies

1 month ago admin2 Comments Off on Bitcoin in Brief Thursday: Thomson Reuters to Track Top 100 Cryptocurrencies
The Daily Thomson Reuters has expanded its sentiment data tracking service to cover the top 100 cryptocurrencies. You can find details about the TRMI 3.1 crypto sentiment package in our daily rubric, Bitcoin in Brief. Today’s edition also features other announcements crypto investors may find interesting. Some useful tools can help them develop dynamic strategies Read More

Ex-FDIC Chair: Current Monetary Tools ‘Inadequate’, Fed Should Consider Digital Currency

1 month ago admin2 Comments Off on Ex-FDIC Chair: Current Monetary Tools ‘Inadequate’, Fed Should Consider Digital Currency
The former Chair of the U.S. Federal Deposit Insurance Corporation (FDIC) said that she thinks the Federal Reserve (Fed) needs to seriously consider issuing a central bank-issued digital currency (CBDC) in a June 8 op-ed published on Yahoo! Finance. In her op-ed, the former FDIC Chair Sheila Bair noted that “the past 10 years are Read More

Crypto Valley’s Zug to Run Switzerland’s First Blockchain-Based Municipal Vote

1 month ago admin2 Comments Off on Crypto Valley’s Zug to Run Switzerland’s First Blockchain-Based Municipal Vote
The Swiss city of Zug will conduct a blockchain-powered trial municipal vote this summer, local media outlet Swissinfo.ch reported June 8. The event, which is scheduled to take place between June 25 and July 1, will reportedly be Switzerland’s first municipal vote using blockchain. According to the report, the upcoming trial vote will implement the Read More