Money 20/20: Experts Debate Whether Blockchain Will Replace Current Payment Systems
At the Money 20/20 conference, experts debated about the future of blockchain technology, and whether it can replace current payment systems Go to Source Powered by WPeMatico
Blockchain Investor Vinny Lingham: ‘Bitcoin Threatens Gov’ts’ Ability to Make Money’
Crypto entrepreneur Vinny Lingham says governments will push back against Bitcoin, but with time overall crypto markets will see growth Go to Source Powered by WPeMatico
Genesis Global’s Bitcoin Loans Hit $553M in 6 Months
Genesis Global Trading has released a financial report for the third quarter that shows the U.S. cryptocurrency lender provided $553 million worth of digital asset loans. These were issued to corporate borrowers such as hedge funds and trading firms in the form of BTC, BCH, ETH and other cryptocurrencies. Also read: World’s Biggest Banks Helped Clients Steal … Read more
US SEC Suspends Securities Trading of Nevada-Based Firm for False Crypto Claims
The SEC has stopped securities trading in a Nevada-based firm for making false statements that its crypto activities were approved by the commission Go to Source Powered by WPeMatico
Russian Lawmakers Drop ‘Mining’ References in Digital Assets Bill
Russian lawmakers have dropped the term “mining” from a bill to regulate digital assets, following the earlier removal of references to “cryptocurrency.” In addition, the proposed legislation no longer covers the taxation of mining profits, as such matters will fall under the oversight of the Federal Tax Service. Also read: Despite Setbacks Crypto Wages Still … Read more
U.K. MP to Advise Crypto Exchange on Gov’t Relations, Says ‘Steep Learning Curve’ Ahead
U.K. Member of Parliament Stephen Hammond has joined the advisory board of a new retail investor-focused crypto exchange to provide guidance on government relations Go to Source Powered by WPeMatico
PR: Xsolla Adds MobileGO (MGO) as New Payment Method for Developers and Gamers Globally
OCTOBER 22, 2018 — LOS ANGELES — Xsolla, which provides game developers with a comprehensive suite of flexible tools and services to help launch, monetize and scale their games globally, today started accepting made-for-gaming cryptocurrency — MobileGO (MGO) — for its PC and mobile games partners. For the first time ever, developers are able to … Read more
Australia: $50 Million ICO Shuts Down ‘in Accordance with’ Regulatory Requirements
Australian crypto startup that aimed to raise $50 million has applied to the country’s securities commission to deregister its ICO, reports already returning funds Go to Source Powered by WPeMatico
Visa Set to Launch Blockchain-Based Digital Identity System with IBM in Q1 2019
Visa is readying its Hyperledger Fabric-based digital identity system for cross-border payments for launch in the first quarter of 2019 Go to Source Powered by WPeMatico