The Basel Committee on Banking Supervision has made some claims about cryptocurrencies and their relationship towards many of the world’s banking institutions. According to the group of international banking authorities, the growth of digital currencies has the possibility to threaten banks and even bring a problem to global financial stability.
Cryptocurrency News
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DX.Exchange Adds Support For Secondary Trading Of Security Tokens
Last updated: March 15, 2019, 6:20 am Cryptocurrency NewsAn Estonia-based platform called DX.Exchange, which soft-launched back in January, has reportedly opened up its market to secondary trading of security. This was made possible after adding the much-needed support. Here is everything about it in a nutshell.
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Gatecoin Finally Shuts Down
Last updated: March 15, 2019, 6:15 am Cryptocurrency NewsThe Hong Kong-based cryptocurrency exchange Gatecoin announced on Thursday, March 14 that it was finally closing its doors and entering liquidation after it was unsuccessful in recovering funds that had been lost to a former payment service provider in a dispute.
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Thailand’s Securities Watchdog Green-lights First ICO Portal
Last updated: March 14, 2019, 8:05 am Cryptocurrency NewsThailand’s very own Securities and Exchange Commission (SEC) has given its approval to the country’s first ever portal specifically designed for scrutinizing initial coin offerings (ICOs). Here is everything about it in a nutshell.
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The New York Times Interested In Using Blockchain For Publishing
Last updated: March 14, 2019, 7:59 am Cryptocurrency NewsThe second largest newspaper in the United States, The New York Times, is planning to experiment with blockchain technology. The idea is to use it for publishing. Here is everything about it in a nutshell.
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Another Canadian Crypto Exchange Under Fire
Last updated: March 14, 2019, 7:54 am Cryptocurrency NewsAfter the ongoing saga of Canada’s largest cryptocurrency exchange QuadrigaCX’s downfall, another Canadian cryptocurrency company is now coming under scrutiny. Canada Bitcoin Exchange Inc. is now being investigated as a possible scam.
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Xpring and Forte Partner for Game Developer Fund
Last updated: March 13, 2019, 6:46 am Cryptocurrency NewsAccording to a press release issued on March 12, Xpring, Ripple’s software developer Ecosystem project, has partnered with gaming industry platform Forte to establish a $100 million fund that will support game developers.
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Malta’s Financial Crimes Risk Managed By Crypto Security Firm
Last updated: March 13, 2019, 4:37 am Cryptocurrency NewsMalta is known for its strong presence in the crypto space. Apparently, it has decided to turn into a crypto sleuthing company called CipherTrace in order to acquire technical assistance. The idea is to help address the risk of financial crimes in its licensed crypto industry.
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Binace Adds XRP, Credit Payments Support To Its Trust Wallet
Last updated: March 13, 2019, 4:09 am Cryptocurrency NewsBinance, a crypto exchange, has decided to add additional support for its official wallet called Trust Wallet. The support, in particular, is aimed at introducing XRP and credit payments.
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Paxos to Launch Precious Metal Based Crypto in 2019
Last updated: March 12, 2019, 7:53 am Cryptocurrency NewsIn an interview on March 11, the Chief Executive Officer of Paxos Chad Cascarilla said that the Blockchain based trust company was definitely going to launch its long-promised digital token backed by precious metals this year.