House expected to vote on crypto bill offering SEC, CFTC clarity in May
The Financial Innovation and Technology for the 21st Century Act passed out of committee in July 2023 but could be headed for a full floor vote in the U.S. House of Representatives.
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Trump effect? Crypto apps dominate finance category on Apple’s US App Store
Crypto apps like Moonshot and Coinbase top the US App Store finance rankings as President Donald Trump’s memecoin frenzy boosts interest in digital asset trading platforms.
Canadian Crypto Exchange QuadrigaCX Blames Major Bank for Delays
Canada’s largest digital currency exchange QuadrigaCX is blaming legal action from a major bank for delays when customers cash out funds, the Globe and Mail reported Oct. 8.Vancouver-based crypto exchange QuadrigaCX was launched in 2013 and is known as the first exchange in Canada to be licensed by the Financial Transactions and Reports Analysis Centre…
The number of Bitcoin ATMs in the US rose 177% over the past year
Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020. 4995 Total views 23 Total shares Since March 1, 2020, the number of new Bitcoin ATMs installed worldwide is nearing 10,000. According to the latest data from Coin ATM Radar, the current number of machines stands at 16,835, a strong 57.5% increase,…
‘Incredible’ Bitcoin Hash Rate Boom Will Destroy Altcoins: Tone Vays
Bitcoin (BTC) will cement its dominance over the cryptocurrency market next year in a fresh blow to altcoins, a veteran trader has said.In the latest episode of his Trading Bitcoin YouTube series on Dec. 22, Tone Vays warned that altcoin traders faced even worse conditions as 2020 begins.Dominance on way to 98%“One of my predictions…
China: Insurance Giant Ping An Subsidiary to Create Boutique Bank Supported by Blockchain
Ping An Bank, a subsidiary of China’s Ping An Insurance Group, will launch a boutique bank using blockchain, cloud services, and the Internet of Things (IoT). Ping An Insurance Group is one of the world's leading financial and insurance corporations, and their subsidiary’s announcement was reported on Nov. 20 by People’s Daily, China’s official state…
Coinbase to shut down Coinbase Pro to merge trading services
Launched in 2018, Coinbase Pro is designed to feature unlimited trading volumes, supporting more than 250 cryptocurrencies. 92 Total views 2 Total shares Coinbase’s professional trading platform Coinbase Pro will cease to exist as the cryptocurrency exchange is restructuring services to bring them all into one platform.The United States-based crypto trading firm Coinbase officially announced…
Ministers used influence to pilfer millions in alleged Ponzi Scheme
They even wrote a self-help book about becoming a millionaire. Sounds like that may need to be updated. A recent filing from the United States Securities and Exchange Commission, or SEC, takes action against three individuals for allegedly raising millions of dollars against more than 1,000 victims. "From 2017 to May 2019, Jali, Frimpong, and Johnson,…
Mark Cuban’s Dallas Mavericks offer cashback rewards on Dogecoin purchases
Dallas Mavs fans who spend more than $150 worth of Dogecoin in one transaction will receive a $25 e-gift card that they can use for purchases on the team's online store. Dallas Mavericks, Mark Cuban’s NBA franchise, started a cashback rewards program to incentivize merchandise and ticket payments in Dogecoin (DOGE). The rewards program is dubbed…