Month: July 2021

China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning

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The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising … and other services for cryptocurrency-related business activities.” China’s central bank warned companies on Tuesday against assisting cryptocurrency-related businesses as … Read more

Crypto Exchange Binance Suspends Euro Deposits via SEPA Bank Transfers

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Troubles at cryptocurrency exchange Binance continue as the platform is now reportedly suspending euro deposits via SEPA bank transfers. Binance says the suspension is temporary and it is due to events beyond its control. Binance’s Troubles Extend to SEPA Transfers Binance users reported Tuesday that they have received a notice from the exchange about the … Read more

Allied Payment Network Embeds Bitcoin Service, Will Hold BTC in Corporate Treasury

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Payment service provider Allied Payment Network has partnered with New York Digital Investment Group, the bitcoin subsidiary of $10 billion asset manager Stone Ridge. Financial institutions using Allied’s platform will be able to offer their customers the option to buy, sell, and hold bitcoin. Furthermore, Allied will keep bitcoin on its balance sheet. Allied Payment … Read more

How to Get a College-Level Education Online for Free

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As the cost of a formal college degree continues to skyrocket, more and more people are on the hunt for alternatives. Support for education remains popular, but the institutions that charge tens of thousands per year are not. Thanks to the availability of self-learning websites on the internet, finding a college-level education for a lower … Read more

Financial Watchdog FinCEN Recruits First-Ever Chief Digital Currency Advisor

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Following the Financial Crimes Enforcement Network (FinCEN) explaining the misuse of cryptocurrencies is a national priority last week, the bureau announced on Tuesday it hired its first-ever chief digital currency advisor. FinCEN’s acting director Michael Mosier detailed that Michele Korver will be the bureau’s new crypto expert and she brings “a wealth of digital currency … Read more