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Binance’s Trust Wallet Hits 5M Users, Expands DeFi Services
31.7.2020
Binance owned Trust Wallet has hit a five million user milestone, it is now delving into the DeFi sector
Fidelity Digital Assets Quotes Bitcoin Creator Satoshi Nakamoto in Latest Investment Thesis
31.7.2020
Fidelity Digital Assets (FDA) quotes Satoshi Nakamoto in its latest investment thesis report. The thesis is part of a series of reports examining the perspectives driving interest and investment in bitcoin. FDA is affiliated with Fidelity through parent company Fidelity Management & Research...
‘Huge Demand in India’ Spurs Zebpay to Launch OTC Bitcoin Trading Desk
30.7.2020
Indian cryptocurrency exchange Zebpay is launching an OTC bitcoin trading desk. The exchange has shared the details with news.Bitcoin.com, stating that “There is huge demand” among bitcoin traders and arbitrageurs in India for OTC desk services. Zebpay Sees Huge Demand for OTC Crypto...
Goldman Sachs Warns US Dollar Risks Losing World Reserve Currency Status, Gold and Bitcoin Soar
28.7.2020
Goldman Sachs has warned that the U.S. dollar may lose its status as the world’s reserve currency. The investment bank is bullish on gold as fears over governments debasing their fiat currencies grow and real interest rates are pushed to all-time lows. Goldman Sachs’ Dollar and Gold...
EU Outlines Tech Specs for Nodes in Its Blockchain Services Testnet
28.7.2020
Participating member states can stage their testnet nodes on hardware with specs roughly equivalent to a PC gamer’s tower
A1 Telekom Austria Adds Bitcoin to Payment Service for Thousands of Retailers
28.7.2020
Austria’s leading telecom company, A1 Telekom Austria Group, has announced that its merchant payment service now accepts cryptocurrencies, including bitcoin, for cashless payments. The company operates in seven countries and has 25 million customers. A1 Telekom Austria Group is a leading...
How Digital Asset Exchanges Can Meet Institutional Investors’ Need for Speed
27.7.2020
Blockchain-based solutions designed to create a global instant settlement network have been attracting institutional traders
Bitcoin Suisse Completes a $48 Million Series A Financing Round
25.7.2020
Swiss crypto financial services provider, Bitcoin Suisse completes its first financing round of $ 48 million (CHF 45 million). The completed Series A financing round now has Bitcoin Suisse’s 2019 pro forma equity totaling around $108 million. The financing round includes 16.4% of shares...
New Russian Law Bans Bitcoin Payments for Goods and Services
24.7.2020
Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing...
US Regulator Green-Lights Banks for Cryptocurrency Custody Services
23.7.2020
The Office of the Comptroller of the Currency (OCC) has clarified that national banks and federal savings associations can provide cryptocurrency custody services for customers. The OCC sees banks providing crypto custody services as “a modern form of traditional bank activities related...
Winklesvoss-Owned Gemini Now Provides Custody for .Crypto Blockchain Domains
23.7.2020
Gemini will offer custody on .crypto domains from Unstoppable Domains, which are based on non-fungible tokens much like cryptocurrencies
Winklevoss-Owned Gemini Now Provides Custody for .Crypto Blockchain Domains
23.7.2020
Gemini will offer custody on .crypto domains from Unstoppable Domains, which are based on non-fungible tokens much like cryptocurrencies
Hex Trust Combines With Tezos Blockchain; Lends Staking/Baking Services
23.7.2020
Serving the banking space as a highly-acclaimed asset custodian from Asia, Hex Trust has announced that the platform has successfully integrated the Tezos blockchain and staking/baking facilities into its custody solution, Hex Safe. The partnership will allow Hex Trust to offer complete...
Banks in US Can Now Offer Crypto Custody Services, Regulator Says
22.7.2020
U.S. regulators have cleared the way for national banks to provide cryptocurrency custody services on behalf of customers
Crypto Custodian Anchorage Adds Litecoin Support
22.7.2020
The U.S.-based crypto custody provider has added support for litecoin, the eighth largest cryptocurrency by market capitalization
Orion Protocol (ORN) Wins KuCoin Community Vote DeFi Session, Trading and Staking Services To be Opened
22.7.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
July 22, 2020, KuCoin, an IDG-backed exchange, today announced the result of the KuCoin Choice Community Vote (DeFi Session), Orion Protocol has won the voting and will get listed on KuCoin at 18:00 July...
Over 7M Americans Own BTC But Hold None In Retirement Accounts
21.7.2020
Millions of U.S. citizens own both Bitcoin and a retirement account, but hold no Bitcoin in that retirement account
European Digital Bank Revolut Expands Bitcoin Trading Services to 49 US States
16.7.2020
British digital bank Revolut said Wednesday that it will start offering its cryptocurrency trading services in the U.S. Users in 49 U.S. states, excluding Tennesee, can now buy and sell bitcoin (BTC) and ethereum (ETH) through the Revolut app, it said. They can also store their digital assets...
Beijing: 140 Government Services Applications Are Using Blockchain
16.7.2020
The Beijing government has released its first blockchain application blueprint for government services, claiming 140 applications already use the technology
South Africa Proposes New Rules to Regulate Cryptocurrencies, Seeks Alignment With FATF Standards
15.7.2020
South Africa is proposing new rules around crypto-asset service providers (CASP) as it seeks to align regulations with standards of the Financial Action Task Force (FATF). The proposed rules are part of amendments to the Financial Intelligence Centre Act (FICA) that are up for public comment....