Search
Digital Euro Will ‘Protect’ Eurozone from Foreign Issuers, Says ECB Exec
2.10.2020
An executive member at the European Central Bank says a digital euro could protect the Eurozone's monetary sovereignty from outside influence
Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin Adoption
18.9.2020
The Argentine peso plunged by more than 10% shortly after the country’s central bank announced measures to tighten controls on the movement of foreign currency. The peso, which is officially pegged at 72 for every USD, touched new lows of 145 to the greenback on the black market. The latest...
P2P Bitcoin Exchange Paxful Shuts Down Venezuela Operations to Comply With US Sanctions
16.9.2020
Peer-to-peer (P2P) crypto exchange Paxful is shutting down its operations in Venezuela, apparently, to comply with U.S. economic sanctions against the leftist government of disputed president Nicolas Maduro. On Tuesday, a Paxful spokesperson told news.Bitcoin.com that the exchange will now start...
US Sanctions Russians Allegedly Using Cryptocurrency to Influence Presidential Election
12.9.2020
The U.S. has sanctioned several Russian nationals, a Ukrainian lawmaker, and their cryptocurrency addresses for interfering with the country’s electoral process. The Russians are allegedly employees of a troll factory that previously targeted presidential candidates. Operations to Interfere...
South African Man Charged in U.S. Court for Fraud Involving $28 Million in Bitcoin and Forex
5.9.2020
A South African man has been charged with fraud in the Maryland District Court for allegedly scamming $28 million from over 1,000 investors. Dennis Jali, a former resident of Maryland, targeted church-going African immigrants, promising them guaranteed returns on his supposed bitcoin (BTC)...
Nigeria Foreign Exchange Crisis: Worsening US Dollar Shortages Point to Further Devaluation
2.9.2020
Pressure on Nigeria’s current exchange rate is likely to get worse in 2021, when the expected recovery of imports is set to force another devaluation of the local currency to N430/$ next year, according to two Bank of America analysts. Earlier rate adjustments, one in March and another...
Nigeria’s Foreign Currency Crisis Boon for Bitcoin: Country Tops Wallet Downloads Ahead of the US
21.8.2020
Nigeria’s weakening naira currency, as well as the shortage of U.S. dollars, are forcing businesses to switch to bitcoin as the means of settling payments for international transactions. Nigerian businesses need the American currency to buy new supplies, as well as to order essential...
Facebook’s Zuckerberg and Telegram’s Durov Posture as Defenders Against Foreign Tech Invasions
28.7.2020
The leaders of two tech giants are using nationalism to win back the governments of their respective home countries after stumbling over crypto launches
Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile
12.7.2020
Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe...
Vanguard’s Blockchain Platform for Foreign Exchange Will Go Live in Q3 2020
26.6.2020
Mutual fund giant Vanguard has completed another blockchain pilot that aims to change the risk profile of foreign exchange (FX) transactions
Forex vs. Cryptocurrency Trading, Explained
17.6.2020
On the surface, Forex and cryptocurrency trading look similar, but the history and functioning of these markets are notably different — we’ll explain how
Famed Economist Speaks: ‘US Coronavirus Bailout Scam,’ American Imperialism, De-Dollarization
30.4.2020
During the last few weeks, the world has been dealing with the coronavirus outbreak. These days, however, many of the world’s citizens are growing more concerned over the government’s reactions than the virus itself. Moreover, with the U.S. economy feeling the hardship of over...
CFTC’s First Science Contest Looks for Unregistered Foreign Offerings, Including Bitcoin Futures
21.4.2020
US CFTC asks devs for new tools to find and track unregistered foreign derivative offerings soliciting US investors, including Bitcoin futures trading
Understanding Foreign Currency Swaps in Forex Trading
21.4.2020
Foreign Currency Swap The idea of the swap is actually the simple exchange of property or any other assets between the parties. An agreement to exchange currency between two foreign parties is called Foreign Currency Swap. In it, they swap principal and interest payments on a loan made in...
Strict Japanese Crypto Laws Discourage Foreign Exchanges … For Now
1.4.2020
Stringent rules for crypto in Japan will benefit new players in the end according to a new report
Venezuelans Use Bitcoin as Gateway to Buy Foreign Fiat - Research
27.3.2020
Bitcoin (BTC) continues to boom in Venezuela – but only because it is helping citizens buy hard-to-purchase foreign fiats, says an industry observer.
As previously reported, trading volumes on peer-to-peer (P2P) platform LocalBitcoins have spiked again in recent weeks.
In a report from the Open...
Chinese Banks Use Blockchain Platform to Process Millions in Foreign Trade
11.3.2020
Banks in China leverage blockchain trade finance platform to process millions of dollars in foreign trade transactions
Swedish Foreign Minister Urges Ukraine to Investigate $70 Million Bitcoin Fraud
4.3.2020
Swedish government demands answers from Ukraine regarding a Kyiv-based alleged fraud scheme
TradAir: Your One-stop Solution for Foreign Exchange and Crypto Trading Services
29.2.2020
There are a number of companies that provide access to foreign exchange (FX) services, but only a few names are there when it comes to providing the FX facility with the facility of crypto trading underpinned by the ecosystem of blockchain. More importantly, it is quite a hard task to find...
Tax and KYC Issues Plague Upbit's Foreign Withdrawals, Exchange Says
20.2.2020
South Korean crypto exchange Upbit still bans foreign clients from withdrawing funds