Monthly Archives: January 2020

Payments Giant Visa Acquires Fintech Firm Plaid for $5.3 Billion

Payments behemoth Visa has acquired financial technology firm Plaid for $5.3 billion to better connect with fintech applications. Payments behemoth Visa acquired financial technology firm Plaid for $5.3 billion, according to a press release published on Jan. 13. Per the release, Plaid has developed a network that allows users to easily connect their financial accounts to the apps they use to manage their financial lives. The firm’s products reportedly allow for convenient sharing of financial information with thousands of apps and services by allowing users to link […]

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Indian Supreme Court Delays Hearing on Crypto Ban, Expects Slew of Comments

The Supreme Court of India has chosen to delay its full hearing of a high-profile case against the Reserve Bank of India’s ban on banks’ dealings with crypto-related businesses. The Supreme Court of India has chosen to delay its full hearing of a high-profile case against the Reserve Bank of India’s (RBI) ban on banks’ dealings with crypto-related businesses. In an interview with Cointelegraph on Jan. 14, Kashif Raza — co-founder of the Indian crypto regulatory news and analysis platform Crypto Kanoon — recapped what is at […]

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Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, Asia

In this roundup, we cover EU-wide crypto regulations and individual countries’ new digital asset rules including Austria and the U.K. We also cover numerous crypto regulatory developments in the U.S., China, Japan, South Korea, India, and the Philippines. Also read: Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, New Chinese Laws EU-Wide Crypto Regulations Begin The deadline for all European Union member states to transpose the 5th Anti-Money Laundering Directive (AMLD5) into their national legislation was Jan. 10. All EU countries should have started regulating crypto exchanges […]

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CME Bitcoin Options Trade $2.3M in Debut, BTC Price Hits 2-Month High

A warm reception greets the industry’s latest Bitcoin options rollout as reported volumes elsewhere also deliver surprises. Bitcoin (BTC) futures options from CME Group saw volumes in excess of $2.3 million on the product’s first day of public trading, the company has confirmed.  Data from CME’s official website confirmed the successful rollout on Jan. 13, which began as scheduled and ultimately saw 55 contracts change hands.  Investors lap up BTC options products Each contract corresponds to 5 BTC, meaning that at current prices, the 55 contracts were […]

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Coinme Adds BTC Purchase Function to Over 100 Coinstar Kiosks in California

With over 21,000 kiosks in the U.S., Coinstar is a popular automated service for those who want to turn their fiat coins into paper cash. 3,000 of these kiosks have been integrated with Coinme to include crypto purchase functionality, and more than 100 BTC-integrated Coinstar kiosks are now newly available in the greater Sacramento, California area. Also Read: Bitcoin ATMs Installed at 5 Major Malls in the US Over 100 Kiosks Updated With BTC Purchase Capability Coinstar found an effective business model in helping people cash in […]

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Bitcoin Price Breaks Above Key Resistance Levels as Bulls Target $8.6K

Bitcoin price broke through the $8.3K and $8.5K resistance on a high volume spike, pushing as high as $8,590 and providing traders with an opportunity to test the $8.6K to $9.2K range. Bitcoin (BTC) price has at last crossed above the $8,300 resistance, setting the digital asset up for a run at $8,500 and restoring bullish momentum to the current uptrend which has seen the price rise from $7,655 to $8,483 over the past week.  Cryptocurrency market weekly overview. Source: Coin360 For the second time in a […]

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China Issues Digital Currency Guide for Party Cadres

Understanding a complex subject should be easier with access to educational materials. With blockchain and CBDC now part of Beijing’s political vocabulary, the Communist Party of China (CPC) has issued a guide to digital currencies meant to prepare party officials for upcoming changes in the country’s financial system. Also read: China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year Handbook Educates Party Functionaries About the Impact of Digital Currencies “Digital Currency: A Reader for Cadres” is part of a series of guides on various current topics, […]

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Iranian Police Fire Live Rounds At Protesters

iranian protests over the downing of a Ukrainian civilian airliner heat up and the police hit back. rich japanese man seeks love to fly around the moon with…literally. and the australian wildifre crisis. Social Media: Follow me on Dlive: Follow me on Twitch: Follow me on Twitter: Follow Me On Steem: Support Me On Patreon: Discord: Powered by WPeMatico

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Crypto-friendly hotel booking service Travala now accepts payment in controversial stablecoin USDT. Crypto-friendly hotel booking giant Travala now accepts payment from a controversial cryptocurrency leader.    On Jan. 10, Travala announced that Tether (USDT) is now a valid form of payment at its two million linked properties. Travala CEO Matt Luczynski said: “Part of our mission is to provide our users with a wide choice of the most well known and used cryptocurrencies so it made perfect sense for us to integrate USDT as a payment option on […]

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NBA Star Spencer Dinwiddie Just Tokenized His Own Contract

The news that Brooklyn Nets star Spencer Dinwiddie was to roll out an Ethereum-based investment vehicle for his own contract took the NBA and crypto communities by surprise. Disregarding an NBA threat to ban him from the professional basketball league, the 26-year-old point guard – who tellingly describes himself as “a tech guy with a jumper” on Twitter – launched his unique bond on January 13 with the aid of security token platform Securitize. Also read: Close to 11 Million BTC Haven’t Moved in Over a Year […]

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