Singapore Central Bank Eyes Blockchain Potential in Cross-Border Remittance

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The Monetary Authority of Singapore (MAS), the city-state’s de facto central bank, is looking to adopt blockchain technology in conducting cross-border remittances. During a speech on Thursday at a financial industry event, MAS managing director Ravi Menon doubled down on his belief that one of the “strongest” use cases for crypto tokens is to facilitate cross-border settlements. Read More

Bill Promises to Rid New York of Bitlicense Fees

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Economy & Regulation A bill that may turn New York into a friendlier place for crypto entrepreneurs has been introduced in the state’s Assembly. The draft is intended to “safeguard” cryptocurrency business activity and “prohibit” licensing fees. Its sponsors want to replace the costly Bitlicense regulations with a licensing regime based on audits. The aim Read More

Mini-POS Launches Zero Confirmation Bitcoin Cash Point-of-Sale Terminal

2 days ago admin2 0
Technology Just recently a development team from the UK has created a bitcoin cash (BCH) point-of-sale server which allows brick and mortar merchants to accept BCH as a form of payment in-store. The startup has started an initial pre-sale, and BCH Mini-POS devices will begin shipping this summer. Also read: Québec Premier: We’re Not Really Interested Read More

Russia is Considering Relaxed Rules for Cryptocurrency Adopters

1 week ago admin2 0
Advertisement Get Trading Recommendations and Read Analysis on for just $39 per month. Russia’s plan to regulate cryptocurrencies and initial coin offerings lead to the first draft of the federal law “On Digital Financial Assets”. According to translated documents, the law stated: This federal law regulates the relations arising in the creation, issuance, storage Read More

US Congress to Discuss ICOs in Hearing Next Week

1 week ago admin2 0
A subcommittee of the U.S. House of Representatives Financial Services Committee is set to hold a hearing next week on cryptocurrencies and initial coin offerings (ICOs). A notice posted on the committee’s website states that the Capital Markets, Securities, and Investment Subcommittee hearing – entitled “Examining the Cryptocurrencies and ICO Markets” – is scheduled for Read More

Grayscale Launches Crypto Investment Trusts for BCH, ETH, XRP, and LTC

2 weeks ago admin2 0
Markets and Prices Grayscale Investments has announced the launch of four new single-asset cryptocurrency investment trusts for bitcoin cash, ether, litecoin, and ripple. The company already manages three other single-asset crypto trusts for bitcoin, ethereum classic, and zcash, in addition to a recently-launched crypto large-cap fund. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With Read More

Founder Of South Korea’s Largest Crypto Exchange Joins Payment Startup Bezant

2 weeks ago admin2 0
Daesik Kim, the founder and former CEO of South Korea’s largest cryptocurrency exchange platform Bithumb, has joined Bezant, a payment protocol and cryptocurrency project, as Chief Cryptocurrency Officer. The Bezant decentralized payment protocol aims to provide fast, secure, and reliable payment solutions for the digital content and e-commerce sectors. Kim said the startup will be Read More

Russian Supreme Court to Decide the Fate of Bitcoin Sites

2 weeks ago admin2 0
Regulation The Supreme Court of Russia has taken upon itself the responsibility to decide a case that may become a precedent for the crypto sector. The highest judicial authority in the country has accepted an appeal against the blocking of a popular Russian analytical portal – Its decision will affect dozens of crypto websites Read More

North Korea May Have Raked in Over $200 Million in Cryptocurrency Transactions

2 weeks ago admin2 0
North Korea is reported to have raked in more than $200 million in cryptocurrency transactions last year, sidestepping sanctions on its nuclear and missiles programme, according to an intelligence agent. In an interview with Radio Free Asia, Priscilla Moriuchi, a former U.S. National Security Agency officer, estimated that the country had banked 11,000 bitcoins. Speaking Read More

Interest in Cryptocurrency Jumped 15-Fold in Kazakhstan

2 weeks ago admin2 0
Featured Interest in cryptocurrency in Kazakhstan has surged fifteen-fold this year compared to 2017 according to a study by Yandex. The number of online searches began to rise significantly in June of last year for a number of cryptocurrency-related search terms. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Crypto-Related Search Queries Increase Read More