Cryptocurrency to Fiat Transactions Remain High in the Philippines

Cryptocurrency to Fiat Transactions Remain High in the PhilippinesThe Filipino central bank has revealed that the trade between fiat and cryptocurrencies on authorized bitcoin exchanges in the Philippines has maintained its high level for the country from the boom time of late 2017 during the first quarter of this year.   Also Read: US Authorities Seize Over $20M in Crypto in Massive Darknet Crackdown […]

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Venezuela Begins Monitoring Bank Accounts for Crypto Transactions

Venezuela Begins Monitoring Bank Accounts for Crypto TransactionsThe government of Venezuela has started monitoring the bank accounts of its citizens for cryptocurrency-related transactions. Accounts found to contain crypto transactions at prices which the government considers to be “undermining the national currency” will be “severely punished,” Vice President Tareck El Aissami said. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Next Phase […]

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Bitcoin in Brief Wednesday: Zug Tests Blockchain to Decide on Fireworks and Digital IDs

Bitcoin in Brief Wednesday: Zug Tests Blockchain to Decide on Fireworks and IDsThe city of Zug, home of the Swiss Crypto Valley, will invite its residents to take part in an experimental blockchain-based vote. They are expected to share opinions on several questions of local importance, including the fireworks display during the annual Lakeside Festival and the use of digital IDs to borrow books and pay parking […]

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Zimbabwe’s Golix Exchange Enters Kenya, Uganda, South Africa

Zimbabwe’s Golix Exchange Enters Kenya, Uganda, South AfricaCrypto exchange Golix is entering three other African markets in an effort to survive the ban imposed by the central bank in its home country – Zimbabwe. Moreover, the troubled trading platform claims the move is part of a strategy to offer its services across the whole continent. Golix says the shortage of infrastructure has […]

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Philippines’ Crypto Wallet Reaches 5 Million Users, Adds More Coins

Philippines' Crypto Wallet Reaches 5 Million Users, Adds More CoinsAveraging more than a million onboardings per year, Philippines’ Coins.ph announced it reached a whopping five million users this week for its mobile payments application (app) and hot crypto wallet. Not content with merely adding numbers for their own sake, the company also revealed it would add two new popular coins: bitcoin cash (BCH) and […]

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Venezuela Shuts Down Two Cryptocurrency Exchanges

Venezuela Shuts Down Two Cryptocurrency ExchangesThe government of Venezuela has taken action against two cryptocurrency exchange operators in the country. Both of them allow customers to convert between a number of cryptocurrencies and bolivars and send remittances abroad. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Operation Paper Hands The Venezuelan government’s “Operation Paper Hands” began a new phase […]

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