Venezuela’s cryptocurrency, which proved to be controversial, was launched six months ago but has been left in limbo ever since. Despite its apparent status, the country’s President Nicolas Maduro and his government insist that the digital currency will soon start working, a new report finds.
Cryptocurrency News
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Largest Independent Broker in Brazil to Launch a Crypto Exchange
Last updated: September 23, 2018, 7:21 am Cryptocurrency NewsThe parent company of Brazil’s largest independent broker is planning to come with its own cryptocurrency exchange, as per official reports Thursday. Grupo XP basically plans to launch the platform in the next coming months. The company, which also owns a brokerage firm called XP Investimen
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Petro to be used for Global Trade
Last updated: September 22, 2018, 8:17 am Cryptocurrency NewsAccording to the Venezuelan President Nicolas Maduro, the Petro, which is the country’s oil-backed cryptocurrency, will be used for international commercial transactions from October onwards.
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Kraken Rebukes New York AG for Malicious Report
Last updated: September 21, 2018, 5:54 am Cryptocurrency NewsCryptocurrency exchange Kraken’s Chief Executive Officer Jesse Powell has publically rebuked New York’s Attorney General Barbara Underwood for what he called her “malicious” report about the cryptocurrency industry. He also called the AG an “abusive ex” who just could not accept that you had moved on.
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World’s 1st Blockchain Commodities Platform Launched
Last updated: September 20, 2018, 5:30 am Cryptocurrency NewsTrading firms and global banking majors have joined hands to launch the world’s first Blockchain powered commodities trading platform. This platform will host trading of commodities ranging from wheat to crude oil and everything in between.
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xRapid May Launch Next Month – XRP Prices Surge
Last updated: September 18, 2018, 11:47 pm Cryptocurrency NewsSagar Sarbhai, the head of regulatory relations, Asia-Pacific and Middle-East for Ripple announced that the company had progressed on the launch of its much awaited product, xRapid, to the point that it may even be launched next month.
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US Court Seizes Assets of Darknet Kingpin
Last updated: September 18, 2018, 7:49 am Cryptocurrency NewsFresno’s division of the US District Court for California’s Eastern District closed a civil forfeiture case last week that had been ongoing for the last 14 months. This was initiated to seize the assets of Alexandre Cazes, suspected of operating AlphaBay, a darknet marketplace.
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Beta Test for New Binance Exchange Being Launched
Last updated: September 17, 2018, 5:00 am Cryptocurrency NewsAccording to a tweet by the Binance co-founder and Chief Executive Officer Changpeng Zhao, the world’s largest cryptocurrency exchange is going to launch the private beta testing of its new Singapore-based crypto-fiat exchange on September 18. Zhao, or CZ, first revealed these plans at a recent Blockchain event in Singapore which was organized by the crypto-asset specializing firm, Cumberland.
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Survey Says Men More Interested in Crypto Investment Than Women
Last updated: September 16, 2018, 2:57 am Cryptocurrency NewsA new poll suggests that one in four millennials are interested in investing in digital assets over the next year. The survey is courtesy of the crypto payments startup Circle. The firm reportedly involved more than 3,000 respondents earlier this week.
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Cryptos Need “Do Not Harm” Approach from Regulators
Last updated: September 15, 2018, 4:16 am Cryptocurrency NewsAccording to the Chairman of the US Commodity Futures Trading Commission Christopher Giancarlo, regulators need to adopt a Do Not Harm approach if the cryptocurrency industry is to flourish. Chairman Giancarlo made this comment during an interview at the Singapore Summit on Friday, September 14.