Some Major Canadian Banks Still Allow Cryptocurrency Credit Card Transactions

While TD Bank has revised its policies and stopped allowing customers to purchase cryptocurrencies using its credit cards, some major banks in Canada still allow crypto credit card transactions, the banks reportedly confirmed on Friday. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten TD Bank Halts Crypto Credit Card Purchases Canada’s largest bank … Read more

Spokesperson Confirms Bitfinex Is Client of ING

Major Dutch financial services company, ING, has confirmed that Bitfinex holds an account with the company in the Netherlands. The bank issued a statement regarding its relationship with Bitfinex after Dutch-language website Follow the Money published a report revealing that ING is providing financial services to Bitfinex last week. Also Read: Independent Ratings Agency Alerts Investors … Read more

Robinhood Starts Rolling Out Cryptocurrency Trading Today

Robinhood has finally launched today its highly anticipated crypto trading for bitcoin and ethereum, allowing its now 4 million investors to trade cryptocurrencies alongside stocks, ETFs, and options on the same platform. The feature is being gradually rolled out to people residing in five American states. Also Read: Bug at Japanese Government-Approved Zaif Exchange Let Users … Read more

SBI Doesn’t Ban Credit Card Crypto Purchases Despite Issuing Warning

SBI Cards & Payments Services Pvt. Ltd, the second largest issuer of credit cards in India, has warned customers of the risks associated with cryptocurrencies. Despite the warning, the company did not move to ban its customers from purchasing bitcoin and other virtual currencies using SBI issued credit cards. Also Read: Indians Look to Buy Bitcoin … Read more

Crypto Index Fund Bitwise Delivers 45% Return in First Two Months

These days more players on Wall Street are adopting bitcoin as a new vehicle that can potentially deliver amazing growth opportunities, and traditional investors are reaping the benefits. An index fund operated by Bitwise, for example, has delivered a 45% return in its first two months. Also Read: Cryptocurrency Regulator Found Dead at His Home … Read more

Rural Russia Prepares to Attract Crypto Loans

A proposal was presented at the Russian Expert Council for Non-Bank Credit Organizations to allow rural businesses in the country to receive crypto loans to attract funds from abroad. The chairman of the council, a State Duma member, is asking rural credit cooperatives to study and educate rural residents on cryptocurrency. Also read: Indians Look to … Read more

Hello Group Develops Exchange Platform Offering Bitcoin Cash Trading Pairs

Bitcoin cash (BCH) continues to establish itself as a versatile cryptocurrency, pulled by market forces to fill various niches. It is already supported by many wallets and ATMs, and now Hello Group plans to use BCH as the base currency on its latest exchange platform offering. Also Read: American ATM Network Athena Bitcoin Adds Bitcoin … Read more

Revenues of Cryptocurrency Exchanges in South Korea Up 88-Fold

According to recent data collected by the South Korean government, the accumulated commission income of the country’s 30 cryptocurrency exchanges last year was 87.5 times that of the previous year. The vast increase in income and crypto transactions was largely contributed by the newcomer exchange backed by Kakao Corp. Also read: Indians Look to Buy … Read more