UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal

UBS Considers Acquiring Credit Suisse, Requests Government Backstop in DealAfter Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit Suisse. According to unnamed sources familiar with the […]

Go to Source

Powered by WPeMatico

Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis

Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary GenesisAccording to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission (SEC) charging a subsidiary firm of DCG, Genesis Global Capital, with operating an “unregistered offer and sale of securities to retail […]

Go to Source

Powered by WPeMatico

Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments

Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto InstrumentsIn line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the listing of securities tied to crypto assets on the country’s stock exchanges. The “preventive measure” will not affect state-issued digital currencies. Bank of Russia Worried About Common Investors’ Exposure to Crypto Derivatives Russia’s central banking […]

Go to Source

Powered by WPeMatico

SLP Token Fuels Scooter Rental Business in Taiwan, Investors to Get Their Dividends in BCH

SLP Token Fuels Scooter Rental Business in Taiwan, Investors to Get Their Dividends in BCHA company running a small scooter rental service in Taipei, Taiwan’s capital city, has minted an SLP token on the Bitcoin Cash network to support its business and to attract investors and customers. The company issues its own cryptocurrency, a Simple Ledger Protocol (SLP) token. SLP is a token-based protocol built on top of the […]

The post SLP Token Fuels Scooter Rental Business in Taiwan, Investors to Get Their Dividends in BCH appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin Cash House Ghana Finds Liquidity Provider, Seeks to Partner With Mobile Money Services

Bitcoin Cash House Ghana Finds Liquidity Provider, Partners With Mobile Money ServicesBitcoin Cash House Ghana has announced they’ve found a liquidity provider for converting between BCH and Ghanaian cedi, and are now preparing to furnish their building and move in, preparing for official launch on March 1. A new read.cash post from organizer Kousha detailed the status of the project and also initiated a small fundraiser […]

The post Bitcoin Cash House Ghana Finds Liquidity Provider, Seeks to Partner With Mobile Money Services appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

How to Create Custom SLP Tokens With the Bitcoin.com Mint

How to Create Custom SLP Tokens With the Bitcoin.com MintOn January 17, Bitcoin.com CEO Stefan Rust introduced the company’s new SLP minting application. The Bitcoin.com Mint is a noncustodial web wallet that allows users to store bitcoin cash (BCH) and Simple Ledger Protocol (SLP) tokens. In addition to the portfolio capabilities, the Mint gives anyone the ability to create their own customized SLP tokens […]

The post How to Create Custom SLP Tokens With the Bitcoin.com Mint appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Cryptophyl Exchange Reveals Fiat On-Ramp to SLP Token Ecosystem

Cryptophyl Exchange Reveals Fiat On-Ramp to SLP Token EcosystemThe London-based exchange Cryptophyl is a trading platform focused on the Simple Ledger Protocol (SLP) and bitcoin cash (BCH) ecosystem. On October 29, the exchange announced the launch of the first fiat on-ramp to obtain well-known SLP tokens. Also read: Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq Purchasing SLP Tokens With […]

The post Cryptophyl Exchange Reveals Fiat On-Ramp to SLP Token Ecosystem appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico