Union Bank of the Philippines Launching Cryptocurrency ATM

post-img

Read More

One of the largest banks in the Philippines is reportedly launching a two-way cryptocurrency ATM that is in compliance with Bangko Sentral ng Pilipinas’ specifications. In the Philippines, the central bank regulates cryptocurrencies “when used for delivery of financial services, particularly, for payments and remittances.” Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for…

The End of the First Crypto Decade

post-img

Read More

Massimo Morini is a veteran in investment banks and financial institutions including the World Bank. Some of his research on blockchain was reported here and here. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  The end of 2018 is not the end of a year. It is the end of a decade, a decade that changed the world…

Poll Shows 13% of Russians Use Cryptocurrency for Online Purchases

Poll Shows 13% of Russians Use Cryptocurrency for Online Purchases

Read More

Cryptocurrency transactions are becoming a viable alternative to traditional electronic payments and Russia is no exception to the trend. Recently conducted surveys indicate that a large number of Russians have already started using digital coins for online purchases and many others are willing to try.    Also read: Russians to Be Allowed ICO Investments up…

$1 Million BTC Options Position Set to Expire on Dec. 28

post-img

Read More

Former portfolio manager at the University of Chicago endowment and current CIO of Blocktower Capital, Ari Paul, was reported to have made the largest-ever speculative play using BTC options during December of 2017. The contracts, which will expire on Dec. 28, 2018, are almost guaranteed to close as a total loss. Also Read: Report: Indian Government…

Bitcoin Group SE Buys Investment Bank Tremmel for Undisclosed Figure

post-img

Read More

Bitcoin Group SE has bought 100 percent shares of investment bank Tremmel for an undisclosed amount. This is the German digital currency exchange operator’s second acquisition in 2018. Bitcoin Group, which holds current assets of $40 million, said Tremmel allows it to issue its own cryptocurrency-related products, conduct proprietary trading and operate bitcoin ATMs. Also…

Trade.io Acquires Primus Capital Markets to Offer BTC-Backed Forex Trading

post-img

Read More

Trade.io, a cryptocurrency exchange and investment company, has acquired British brokerage firm Primus Capital Markets Ltd for an undisclosed amount. The new subsidiary is to start trading foreign currency using digital assets as base currency under a new name, TIO Markets. Initially, customers will be able to make deposits and withdrawals in bitcoin core, ethereum,…

China Updates Crypto Ranking, Downgrades BTC Further

post-img

Read More

China’s Center for Information Industry Development has updated its ranking of 33 crypto projects, evaluated in three separate categories as well as overall. BTC has been downgraded further since the center’s previous update while EOS and Ethereum still top the overall ranking. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Ranking The China…

Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners

Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners

Read More

In a chilling but sadly all-too-familiar sequence of events, UK banks have been targeting cryptocurrency owners. Individuals who have cashed out large amounts of cryptocurrency – legitimately – have had their assets frozen and accounts locked without warning, fueled by fears of money laundering and a general distrust of bitcoin. One victim even claims to…

Binance Labs Announces Partnership With Libra Credit

Binance Labs Announces Partnership With Libra Credit

Read More

Binance Labs, the investment wing of the leading cryptocurrency exchange, Binance, has announced that it has invested in Libra Credit – “a decentralized digital asset financial services platform.” The partnership will allow holders of Binance’s native token, Binance Coin (BNB), to use their BNB as collateral for loans in crypto of fiat currency. Also Read: Pantera…

Over 500 BTC Belonging to Iranians Seized by US Government: Report

Over 500 BTC Belonging to Iranians Seized by US Government: Report

Read More

According to the head of Iran’s Blockchain Association, over 500 BTC belonging to Iranians were confiscated by the U.S. government last year, and the number is still rising. He explains that Iranians are unable to take action through proper channels from within their country due to Iran’s legal status of cryptocurrency. Also read: Yahoo! Japan Confirms…