Startup Launches Blockchain Powered Electric Vehicles That Mine Cryptocurrency
A green energy blockchain company in Singapore is developing a platform to rent electric vehicles that mine cryptocurrency #SPONSORED Go to Source Powered by WPeMatico
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Singapore: Central Bank Refutes Fake Articles Claiming its Chairman Invested $1 Bln in BTC
Fake news hoaxes claiming Singapore’s central bank chairman invested $1 billion in BTC draws formal response the bank Go to Source Powered by WPeMatico
PBOC Provides Update on Its Crypto Prevention Efforts
The People’s Bank of China (PBOC) has issued a statement detailing its efforts to stop and prevent crypto and initial coin offering activities in the country. The bank outlines measures against the widespread of overseas exchanges servicing domestic users such as blocking trading platforms and closing down 3,000 trading accounts. Also read: 160 Crypto Exchanges Seek … Read more
The Daily: Iran to Allow Mining Hardware Imports, Cyprus Creates Fintech Hub
Following a decision to recognize mining as an industry, the Islamic Republic of Iran is about to legalize the import of mining equipment. Also in The Daily, an executive at a leading Spanish bank insists cryptocurrencies are “perfect” and must be understood; trying to better understand the crypto space, Cyprus has set up a fintech … Read more
Denmark’s Largest Bank Took Two Years to Close Accounts of Blacklisted Russian Clients
Denmark’s largest bank, Danske Bank, reportedly knew that some of its Estonian branch’s clients were on the Russian government’s blacklist but did not close their accounts for two years. The bank is currently being probed by three countries over $150 billion money laundering allegations. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals … Read more
Exchanges Round-Up: Palestinians Use Crypto to Transfer Offshore, LXDX Targets Retail Investors
In recent news pertaining to cryptocurrency exchanges, Palestinians are reportedly turning to crypto brokers to facilitate cross-border transactions, XBT Provider has revealed plans to launch an exchange-traded product that will track between 5-10 cryptocurrencies, and LXDX has announced that it will make its platform available to retail investors. Also Read: P2P Markets Report: Record Volume in … Read more
German Finance Minister Doubts Crypto Can Currently Replace Traditional Currencies
The German Finance Minister doubts that crypto can currently replace traditional currencies and that they are not presently “economically significant” Go to Source Powered by WPeMatico
UK Treasury Committee Calls for End to ‘Wild West Situation’ in Crypto Market
In order to protect investors, the U.K. Treasury Committee has called for the development of more defined cryptocurrency regulations Go to Source Powered by WPeMatico
Report: Majority of Circulating Bitcoins Stored in Investment Wallets
A recent report claims that a majority of circulating bitcoins are kept in investment wallets Go to Source Powered by WPeMatico
UK Gov’t Faces Questions Over Impact of Crypto Bear Market on UK Blockchain Industry
The U.K. government says it is not formally assessing the impact of the global crypto market downturn on the domestic blockchain industry, but is broadly monitoring developments Go to Source Powered by WPeMatico