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Binance us now supports crypto users from alaska

INDUSTRY

Thursday, 26 November, 2020 at 06:31 GMT
Binance.US, the United States division of the leading cryptocurrency exchange, recently announced that it has opened doors for digital currency users in Alaska. The exchange was only available in a few states when it launched due to local regulation. However, more states have...
Binance asks us users to withdraw their funds within 14 days

WARNINGS

Wednesday, 25 November, 2020 at 06:44 GMT
Binance, the world’s largest cryptocurrency exchange in terms of trading volume, has given a deadline to its users based in the United States asking them to leave the exchange as soon as possible. Binance has sent email notifications to its US customers saying that they have...
Japanese financial giant sbi launches bitcoin lending service

INVESTING

Tuesday, 24 November, 2020 at 15:41 GMT
Japanese financial giant SBI Group has concluded plans to roll out a crypto lending service that seeks to borrow cryptocurrencies from holders. According to the report, SBI has put aside a yearly interest of 1% on Bitcoin, and it intends to include XRP and Ethereum in the...
Fund managers in china find offshore safe havens for btc transactions

INDUSTRY

Monday, 23 November, 2020 at 15:22 GMT
Crypto-asset executives in China consider expansion beyond their zone, like Hongkong and Singapore, to bypass the crackdown that has escalated at home. ...
South africa’s fsca issues draft declaration on cryptoassets

PREVIEW

Sunday, 22 November, 2020 at 08:35 GMT
With the idea of crypto-assets gaining steam across the world, the question really is which country will be left behind. South Africa seems to be the latest country to make an effort to regulate cryptocurrencies after the FSCA, the country’s premier financial regulator,...
Us occ seeks to ban discriminatory practices against crypto businesses

INVESTIGATIONS

Saturday, 21 November, 2020 at 07:20 GMT
The US Office of the Comptroller of the Currency issued a regulatory proposal that seeks to ensure that crypto businesses enjoy the same facilities when it comes to having a bank account as any other legitimate endeavors. The OCC wants to end the silent discrimination against...
Bitstamp seeks to subpoena two us banks in the payment lawsuit

INVESTIGATIONS

Friday, 20 November, 2020 at 08:20 GMT
The crypto exchange giant Bitstamp is seeking to subpoena two U.S. banks as part of its legal battle against one of its payment processors. The crypto exchange filed an application with a New York court seeking to subpoena Citibank and Bank of America to produce documents for use...
Bitcoin mining revenue soars to prehalving levels

INDUSTRY

Thursday, 19 November, 2020 at 05:29 GMT
Bitcoin investors and traders are not the only ones enjoying the bullish ride in the cryptocurrency market, the miners are equally included. Recent on-chain data shows that Bitcoin mining revenue has returned to the pre-halving levels when the reward for block production was...
How industries benefit from bitcoin

INDUSTRY

Wednesday, 18 November, 2020 at 08:11 GMT
Ever since Bitcoin came onto the scene, experts from all industries started to devise plans as to how it can be implemented into daily operations. As the time went by, the advantages and strengths of BTC became more evident and today most of the global industries have clear-cut...
Samsung will use the blockchain to protect the files shared by its users

INDUSTRY

Tuesday, 17 November, 2020 at 06:31 GMT
The electronics giant Samsung may be working on a blockchain-based application to facilitate a secure way to transfer files, data, and information. ...

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