CEX.IO resumes UK operations, backs stricter crypto rules
Following a voluntary suspension in October 2023, CEX.io has successfully resumed operations in the UK after ensuring compliance with new FCA regulations.
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IOTA completes EU blockchain pre-commercial phase
IOTA completes the final phase of the European Blockchain PCP, setting the stage for scalable, sustainable and secure blockchain infrastructure across the European Union.
Binance.US asks users to convert USD into stablecoins for withdrawals
Binance.US users “may convert” their U.S. dollar holdings to stablecoins or other digital assets to withdraw the funds from their accounts, the firm said. 347 Total views 7 Total shares Cryptocurrency exchange Binance.US has updated its terms of service, hinting that direct withdrawals in United States dollars are no longer supported on the platform.Binance.US updated
BUX and ABN AMRO Clearing Partner on Blockchain-Powered Stocks Investment Mobile App
Global securities services provider ABN AMRO Clearing has signed a contract to provide European mobile investment platform BUX with blockchain technology for a forthcoming commission-free stock trading mobile app. The news was revealed in a BUX news release on May 29.According to the news release, ABN AMRO Clearing processed 3.79 billion trades in 2018, and…
Circle Introduces Market Surveillance to Fight Insider Trading, ‘Pump and Dump’ Schemes
Blockchain finance company Circle will use digital financial services company Nice Actimize’s market monitoring tools to fight manipulation, a press release confirmed on Feb. 27.Nice Actimize, which forms a branch of Israeli enterprise software giant Nice Ltd., offers professional client tools in the areas of financial crime, risk and compliance.Circle will use Actimize’s Cloud Markets…
NCR Corporation plans to purchase Bitcoin ATM company LibertyX
LibertyX currently services 20,000 retail stores in the U.S. with 9,500 crypto ATMs. 142 Total views 105 Total shares Enterprise technology provider NCR Corporation has announced an agreement to buy LibertyX, the company that launched one of the first retail Bitcoin ATMs.In a Monday announcement, NCR said it expected to purchase LibertyX later this year…
Israel’s Bank Hapoalim joins blockchain bank guarantee platform
Blockchain is changing how banks handle debt. 1170 Total views 3 Total shares One of Israel's largest banks, Bank Hapoalim, has joined a blockchain-based platform recently released by IT firm Tata Consultancy Services, or TCS.TCS' platform, dubbed Digital Bank Guarantee, is based on the Quartz blockchain and targets the digital banking industry in Israel. The new…
Crypto Community Slams Binance Smart Chain Over Centralization
The ‘Binance Smart Chain’ whitepaper has attracted criticism from the crypto community, drawing predictions that the chain will be prone to centralization. 387 Total views 21 Total shares Many crypto analysts have criticized the whitepaper for Binance’s forthcoming ‘Smart Chain’, which was published on April 17.Smart Chain will be Binance’s second smart contract-enabled chain after…
Major Bank CEOs Testify at US Congress, Topics Include Blockchain and Crypto
Chief executive officers of leading banks testified before the United States House of Representatives Financial Services Committee on April 10 on how the banking industry has transformed since the 2008 financial crisis. Among many topics spanning the breadth of the banking industry, the CEOs and lawmakers discussed blockchain technology and cryptocurrencies.During his allotted time for…