Author: Thomas_Prendergast

Cashaa Announces US Dollar Bank Accounts for Cryptocurrency Firms

Cashaa Announces U.S. Dollar Bank Accounts for Cryptocurrency Firms                                Bitcoin banking platform Cashaa will soon offer U.S. dollar bank accounts for cryptocurrency-focused businesses, except those operating in sanctioned countries.  Cashaa offers banking services like International Bank Account Number (IBAN) accounts, international SWIFT transfers for fiat and credit card processing for cryptocurrency-based businesses, which often […]

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A Wyoming loophole’ to Carry Out Crypto Transactions Without BitLicense in New York

A ‘Wyoming loophole’ to Carry Out Crypto Transactions Without BitLicense in New York                                There may be a new way of by-passing the tough New York laws to carry out crypto-related transactions in the world’s capital without acquiring a BitLicense, a crypto license developed by the New York Department of Financial Services (NYDFS) in 2014. […]

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Northern Trust Testing Fractionlized Bonds on Blockchain

  Northern Trust Testing Fractionlized Bonds on Blockchain                                          Custody bank Northern Trust is testing the trading of fractionalized bonds on a blockchain.  Working with Singapore-based debt markets company BondEvalue, the bank is providing asset servicing for large, high-grade bonds that will be tokenized and divided for retail investors on Hyperledger Sawtooth. These bonds […]

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Bitcoin Falls as Yuan Strengthens

Bitcoin Falls as Yuan Strengthens                                     Bitcoin has been falling slightly, dropping this week from $9,000 to $8,600 and down from last month’s $10,000. Why it has turned somewhat downwards since the 24th of June when it reached $14,000 is not too clear, but it may be just profit taking after a very fast […]

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Three Fronts in the Global Digital Currency Wars

Three Fronts in the Global Digital Currency Wars                                   Jeremy Allaire is co-founder, CEO and chairman of Circle, a global financial services company that provides a platform for individuals, institutions and entrepreneurs to build businesses, invest and raise capital with open crypto technologies. The views expressed here are his own. The past several months have […]

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ASX-Listed DigitalX Seeds New Fund With Half Its Bitcoin Holdings

ASX-Listed DigitalX Seeds New Fund With Half Its Bitcoin Holdings                                          The first ever cryptocurrency firm to be listed on a major stock exchange has launched a new bitcoin fund. DigitalX, which debuted on the Australian Securities Exchange (ASX) under its previous name DigitalBTC as far back as 2015, announced the new fund […]

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Unilever O2 and Sky Join Blockchain Pilot for Digital Ad Transparency

Unilever, O2 and Sky Join Blockchain Pilot for Digital Ad Transparency                                   Unilever, O2 and Sky are among the latest big firms to sign on to Jicwebs’ blockchain pilot program designed to improve trust and transparency in digital advertising. The news was revealed in a Nov. 12 report from United Kingdom-based industry magazine Campaign. Industry […]

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China Scraps Plan to Categorize Bitcoin Mining as Industry to Be Eliminated

China Scraps Plan to Categorize Bitcoin Mining as Industry to Be Eliminated                                    More than six months after the China National Development and Reform Commission proposed to categorize bitcoin mining as an industry to be phased out from the country, it appears the agency has now scrapped that plan. The National Development and Reform Commission […]

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Bitcoin Falls 43 Slipping Below 9000 for First Time in Two Weeks

Bitcoin Falls 4.3%, Slipping Below $9,000 for First Time in Two Weeks                                   Bitcoin fell 4.4 percent Friday, slipping below $9,000 for the first time in two weeks. Analysts cited a lack of positive market drivers and speculation that the U.S. Federal Reserve might pause this year’s rate-cutting cycle, which could curb demand for the […]

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Top Vietnamese Bank in Partnership With RippleNet

Top Vietnamese Bank in Partnership With RippleNet                                    Vietnamese bank TPBank has confirmed its partnership with RippleNet. Lately, Ripple has been making major steps to improve the global financial infrastructure, as evidenced by its collaboration with Asia-based SBI Holdings, […]

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