Cryptocurrency usage has been expanding globally and a new survey confirms that trend. The poll conducted by Statista shows that the citizens of troubled countries tend to exploit the benefits of decentralized digital money far more readily than the citizens of thriving nations. Also read: VPN Providers Defy Order to Connect to Russia’s Internet Censor […]
The Commodity Futures Trading Commission (CFTC) announced the filing of a civil enforcement action against Control-Finance Limited, a purported Bitcoin trading and investment company, and its founder, Benjamin Reynolds, of the United Kingdom. The complaint charges the defendants misappropriated at least 22,858.822 bitcoin—worth at least $147 million at the time—from more than 1,000 customers through […]
A Polish bank has bucked the trend of companies and institutions experimenting with blockchain technology using private, permissioned ledgers. Warsaw-based Alior will reportedly use the Ethereum public blockchain to build a system to let customers check the authenticity of documents they receive from the bank. By using a completely permissionless, public blockchain, the Alior authenticator […]
Four of Brazil’s major financial authorities have come together to regulate emerging technologies, including blockchain. The Ministry of Finance, the Central Bank of Brazil, the Securities Commission, and theSuperintendent of Private Insurance recently announced their intention to adapt new regulations to manage fintech and cryptocurrency advances. The regulations will affect Brazil’s securities, financial, and capital […]
The crypto and finance worlds are both patiently awaiting further news about Facebook’s highly anticipated cryptocurrency project, Libra, which is expected to be officially discussed in detail tomorrow. Prior to this announcement, multiple major analysts at global banks have shared their thoughts on what Libra could mean for both the company itself and for the […]
Blockchain payments startup Ripple has struck a deal to buy a stake in money transfer giant MoneyGram, the companies announced Monday. Under the deal, according to the Wall Street Journal and Fortune, Ripple will spend $30 million to buy shares at a price of $4.10 apiece. And in the next two years, MoneyGram has the option […]
Major money transmission network MoneyGram has entered into a strategic partnership with blockchain-based payments firm Ripple, according to a press release on June 17. As part of the two-year agreement, the two firms will become partners in cross-border payments and foreign exchange settlements with digital assets. As part of the agreement, MoneyGram will be able […]
Bitcoin is back above $9,300 again after the price pumped from just over $9,000 at the start of today to its current level of around $9,325 at the time of writing. Interestingly, despite today’s price surge, interest in the number one crypto asset by market capitalisation appears to be down on popular search engine Google. […]
Major Spanish bank Santander has been denied an appeal regarding a decision by the Court of Justice of the State of São Paulo in a case against crypto exchange Mercado Bitcoin, Cointelegraph Brazil reports on June 17. Santander was sued by the Brazilian exchange Mercado Bitcoin in 2018, after the bank purportedly closed the exchange’s account […]
Nonprofit organization The Zcash Foundation has partnered with blockchain company Parity Technologies to release a new, open source software client for the cryptocurrency Zcash, according to a press release on June 17. The new software client, Zebra, purportedly exists to provide redundancy in the case of its first client — Zcashd — failing. Zcash hopes […]