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South Korean banks have been providing virtual account services to cryptocurrency exchanges and earning commissions from them. According to data obtained by the country’s Financial Supervisory Service, banks made 36 times more in commission income from crypto exchanges last year than the previous year. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto … Read more
The bulls are back? #PRICE ANALYSIS Go to Source Powered by WPeMatico
Ponzi lending smart bot scam Bitconnect finally did what most sane observers predicted long, long ago. It went splat. And it didn’t collapse due to government pressure, nor flurries of bad press, and certainly not from DDoS hacking attacks. The story is more of a ballad, a great object lesson, and it is the lie … Read more
Morgan Stanley becomes the second major Wall Street firm to begin clearing Bitcoin futures contracts, possibly opening the floodgates. #NEWS Go to Source Powered by WPeMatico
The cryptocurrency market is currently dominated by individual investors, but institutional investors are watching. Where they see profit opportunities, they are sure to pounce. #OP-ED Go to Source Powered by WPeMatico
Despite repeated government warnings against crypto investing, a sizable majority of Indians feel optimistic about the future of cryptocurrencies. Just as many Indians, as Americans, 7%, admit they own bitcoin or an altcoin, according to a survey that covered 6 countries, including major markets. Indians are more optimistic, however – 68% believe that most people will … Read more
Fighting conversion fees: Singapore-based company intends to ease Digital Currency Converting by introducing a new debit card. #SPONSORED Go to Source Powered by WPeMatico
Wall Street strategist Tom Lee sees BTC to reach $25,000 by 2018, suggests “aggressive’ buying on lows. #NEWS Go to Source Powered by WPeMatico
The South Korean Fair Trade Commission (KFTC) does not have the authority to close cryptocurrency exchanges. “It is impossible in reality,” said the KFTC chairman. The agency is currently investigating 13 major exchanges operating in the country for alleged violations of the e-commerce law. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto … Read more
Vocal Bitcoin backers such as Overstock.com and Square Payment, as well as those hopping on the Blockchain bandwagon, are feeling the pinch from this latest crypto crash. #ANALYSIS Go to Source Powered by WPeMatico