TechX acquires crypto-to-fiat gateway Mobilum for $13.2M
Under the terms of the agreement, TechX will acquire a 100% stake in the digital wallet and payments technology company. Go to Source Powered by WPeMatico
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Coinbase leads $6M funding for Indonesian crypto exchange
Pintu is a new cryptocurrency exchange in Indonesia, licensed as a crypto broker under Bappebti and the Ministry of Communication and Informatics. Go to Source Powered by WPeMatico
UK ad organization bans crypto exchange’s ‘time to buy’ Bitcoin advert
Luno exchange agreed not to post their Bitcoin ads in their current form again and promised to ensure that future ads would carry a proper risk warning. Go to Source Powered by WPeMatico
Nebraska signs law to authorize state-chartered banks to custody crypto
The bill was co-authored with the cryptocurrency firm Telcoin and introduced by Republican state senator Mike Flood. Go to Source Powered by WPeMatico
Zimbabwe’s Biggest Bank Looks at Methods to ‘Leverage Cryptocurrencies’
One of Zimbabwe’s biggest financial institutions, CBZ Holdings says it is looking at ways it could “leverage cryptocurrencies and other emerging digital innovations.” According to the financial institution’s chairperson, Marc Holtzman, CBZ “is open-minded about new innovations, as these could open up new opportunities going forward.” Innovations Opening up New Markets Speaking in an interview … Read more
Bank of England Governor Bailey Says Cryptocurrencies Are ‘Dangerous’
Known for his reluctant stance on decentralized money, the Governor of Bank of England (BOA), Andrew Bailey, has recently taken his anti-crypto rhetoric up a notch. Speaking at a meeting with lawmakers in London, Bailey stated that cryptocurrencies are “dangerous.” Andrew Bailey Remains Sceptical About Cryptos “Crypto-assets,” as the central bank’s official labels bitcoin and … Read more
Korea’s crypto market is among the strongest — and the strangest — in the world
Between strict capital controls and regulations, Korea’s cryptocurrency industry is so closed off that Bitcoin commands a steep premium and DeFi is in its infancy. Go to Source Powered by WPeMatico
Biden administration is reportedly reviewing ‘gaps’ in crypto regulation
White House officials are believed to be examining existing rules around cryptocurrencies and whether new restrictions are needed to protect investors from massive drawdowns like we saw last week. Go to Source Powered by WPeMatico
Here are 2 key price indicators every crypto trader should know
The best traders keep a sharp eye on an asset’s momentum. Here’s why the RSI and moving averages are the perfect indicators for this task. Go to Source Powered by WPeMatico
Bank of Indonesia joins central bank digital currency race
After banning crypto payments back in 2017, Indonesia is looking to allow payments in a digital rupiah currency. Go to Source Powered by WPeMatico