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Cryptocurrency exchange Belfrics has resumed trading operations in India after halting earlier this year due to banks refusing to provide payments solutions to the exchange. Belfrics has also added four more cryptocurrencies to its platform, with 20 more planned for the next six months. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Belfrics Resumes … Read more
According to a board member at the Swiss National Bank, enthusiasm has waned for issuing a state-backed digital currency Go to Source Powered by WPeMatico
In today’s Bitcoin in Brief we mention some optimistic mid to long term predictions for crypto markets. And while decentralized currencies are hurting in a bearish month, the prospects for state-issued virtual money look even dimmer. Another senior Swiss central banker has noted the diminishing enthusiasm of governments to mint digital coins. Venezuela gives an … Read more
The Bahamas’ central bank has announced plans of introduction of a national digital currency, as well as develop blockchain-based projects Go to Source Powered by WPeMatico
The Bank of International Settlements doesn’t think that crypto can substitute money. Is their criticism justified? Go to Source Powered by WPeMatico
Blockchain tech, similar to the widespread nature of the Internet, will soon be used across all industries, says the chairman of South Korean gaming giant Go to Source Powered by WPeMatico
All of the top ten cryptocurrencies by market cap have been hit by losses today, after news broke of the hack of the world’s sixth largest crypto exchange, Bithumb Go to Source Powered by WPeMatico
The Bank of International Settlements (BIS) has leased a chapter from its forthcoming annual report that delivers a critical appraisal of bitcoin and cryptocurrency. The report attacks virtual currencies from several main standpoints: claiming that cryptocurrencies do not effectively perform monetary functions due to price volatility, that the retail adoption of blockchain-based payment mechanisms would … Read more
Dealing in crypto without obtaining a license from authorities has been declared illegal in Cambodia, in a joint statement released today by the country’s central bank Go to Source Powered by WPeMatico
Crypto markets experience solid gains today, despite news of a scathing report on crypto from the Bank of International Settlements Go to Source Powered by WPeMatico