BOJ ex-board member says another rate hike unlikely this year
The Bank of Japan is unlikely to raise interest rates again for the rest of the year, but it’ll be a “toss up” whether there will be another before March.
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Ripple ‘made a mistake’ not talking to regulators early, says CEO
Ripple should have engaged with US regulators a lot earlier, says the firm’s CEO Brad Garlinghouse, who added it’s now “trying to make up for lost time.”

Former Visa exec joins Crypto.com to drive Latin American market
Traditional finance execs are increasingly moving into crypto positions. 2506 Total views 24 Total shares The cryptocurrency industry welcomes another high-profile executive from traditional finance.Filomena Ruffa, a former vice president of innovation and strategic partnerships at Visa’s Latin America division, has joined Crypto.com to expand the company’s Latin American market.According to an Oct. 28 blog…

Weiss Ratings: Litecoin ‘Excellent’ in Adoption and Investment Returns
American provider of investment data Weiss Ratings has ranked Litecoin (LTC) as “excellent” in regards to investment rewards and adoptionDigital currency ratings unit Weiss Crypto Ratings has classified the fourth largest cryptocurrency in terms of market capitalization LTC as “excellent” when it comes to investment rewards and adoption. At the same time, the agency ranked…

US Banks Get Crypto Custody Nod, but Instant Demand Surge Is Unlikely
The Office of the Comptroller of the Currency, a division of the United States Treasury that supervises banking in the country, on July 22, issued an interpretive letter clarifying that nationally chartered banks are allowed to provide cryptocurrency custody services to their customers extended to storing cryptographic keys associated with the currencies. In its letter, the…

Coinbase invests in US-based mining firm amid industry diversification efforts
Coinbase Ventures, the investment arm of the major crypto exchange, has invested an undisclosed amount into Titan, a developer of software and services targeted at industrial Bitcoin (BTC) mining.According to Titan’s announcement, the investment will help continue development of the company’s products and improve efficiency and profitability of Bitcoin mining companies.Ryan Condron, co-founder and CEO…

Checkout.com raises $1B in Series D, bringing valuation to $40B
The British payment platform said it will use funds to further crypto payment processing. 109 Total views 24 Total shares Global payments processor Checkout.com announced a $1 billion Series D funding round on Wednesday, which marks a total of $1.8 billion raised to date and a $40 billion company valuation.Among the primary investors in the…

Square’s Cash App briefly halts buying AMC and Nokia stock
"This was not Cash App’s decision — we disagree with this move wholeheartedly," tweeted the service. 2976 Total views 13 Total shares Cash App, the Bitcoin-friendly mobile payments app from U.S. financial services firm Square, restricted buys of some of the stocks connected to the Wall Street shorts for more than four hours today.According to…

World’s ‘First’ Blockchain Smartphone to Become Available in New Market
Finney, the world’s purportedly first blockchain-enabled smartphone, will soon be available for purchase in Bangladesh.According to a report by local newspaper The Daily Star on Sept. 9, the Bangladesh Telecommunication Regulatory Commission approved the phone for import in August and it will be available on the Bangladeshi market in October.Mobile Phones in BangladeshFinney’s launch in…