Finance

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Grayscale Plans to Launch a Cryptocurrency ‘Large Cap Fund’

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This Wednesday Grayscale Investments, the sponsor of the Bitcoin Trust (OTCQX: GBTC) has announced a new cryptocurrency investment vehicle is coming. The company plans to launch the ‘Grayscale Digital Large Cap Fund’ (the “Fund”) that intends to hold the top digital assets within the cryptocurrency economy. Also Read: Phony PBOC Email Sent to U.S. Media Aimed … Read more

‘Black Monday’ Shows Bitcoin Isn’t As ‘Dangerous’ As Regulators Claim

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Looking at mainstream media headlines over the past few weeks shows a lot of columnists and pundits have declared that ‘bitcoin’s bubble has burst.’ They always claim that it’s much safer to invest in traditional investments like equities or the stock market while at the same time highlighting cryptocurrency’s volatile price swings. However, on Monday, … Read more

Lloyds Banking Group Bars Customers from Buying Bitcoin

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A growing number of banks have begun opposing the purchase and sale of Bitcoin and other cryptocurrencies. This is especially true when it comes to payment cards, although it also affects bank transfer-related transactions. Lloyds Banking Group is the latest financial institution to take a rather severe approach in this regard. It now forbids all of its customers from purchasing … Read more

Major British Credit Card Issuers Ban Customers From Buying Cryptocurrencies

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Britain’s largest banking group is banning its credit card customers from buying cryptocurrencies including bitcoin. Credit card issuers that are banning crypto transactions include the UK’s largest retail bank, Lloyds Bank, Bank of Scotland, Halifax, and MBNA. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Largest British Banking Group Banning Crypto Britain’s … Read more

Roboforex Adds Bitcoin Cash and Three Other Cryptocurrency CFDs for Trading

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Another major international leveraged trading brokerage has launched a contract-for-difference (CFD) for Bitcoin Cash paired against the US dollar. This means that Roboforex clients gain today the ability to trade the instrument on the most popular platform in the retail forex market, MT4. Also Read: China to Block Access to International Cryptocurrency Exchanges Bitcoin Cash … Read more

Sberbank to Bypass Russian Regulations and Trade Cryptocurrencies Overseas

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The largest bank in Russia, the state-owned Sberbank, has reportedly announced its plans to bypass the Russian cryptocurrency regulations and offer crypto trading to customers overseas. The bank is looking at trading pairs of the most liquid and well-known cryptocurrencies. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bypassing Russian Regulations At a … Read more

Over 1 Million People in Line for Robinhood’s Bitcoin Trading App

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Young Americans are signing up in droves to a new cryptocurrency trading service, showing the massive unmet demand in the market for more bitcoin trading venues. Cryptocurrencies are coming soon to the Robinhood platform and traders appear to be following them in anticipation. Also Read: Vegetables on a Blockchain ICO Exit Scams After Paying People … Read more

Russia’s Longest-Serving Finance Minister Backs Crypto “Self-Regulation”

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Former Russian Finance Minister Alexei Kudrin favors “self-regulation” in the cryptocurrency sector. He believes it will be more effective, at this early stage, than any imposed regulations. Others have expressed similar views about the currently proposed regime. Kudrin shared his opinion on social media, commenting on the latest developments in the crypto debate. The longtime … Read more