Israel launches digital shekel CBDC experiment for payments

The chairman of the National Payment Corporation has made the first transaction with the central bank digital currency. 106 Total views 1 Total shares The chairman of Kazakhstan’s National Payment Corporation (NPC), Binur Zhalenov, has made the first transaction with the central bank digital currency (CBDC). During his speech at the XI Congress of Finance

Strong revenues over the past two quarters from a large user base helped the exchange amass the funds. 621 Total views 6 Total shares Coinbase, the largest American cryptocurrency exchange, has stockpiled a war chest worth about $4 billion in cash in preparation for decreased crypto retail trading volumes and higher operating costs brought on…

The SEC has warned that “investors should understand that Bitcoin, including gaining exposure through the Bitcoin futures market, is a highly speculative investment.” 4760 Total views 6 Total shares The U.S. Securities and Exchange Commision (SEC) has warned investors about the risks of Bitcoin futures trading — citing market volatility, a lack of regulation and…

Billions worth of Bitcoin has reportedly vanished along with the operators of South African crypto firm AfriCrypt. Is it a scam or a hack? Around 69,000 Bitcoin has vanished from a South African investment platform along with two brothers who owned the crypto firm.Although the facts are yet to be proven in court, if it…

BitGo originally announced it was setting up two regulated custodial entities in Germany and Switzerland in February 2020. 617 Total views 46 Total shares Major cryptocurrency custody firm BitGo is reportedly expanding its regulatory compliance in Germany more than three years after launching a dedicated local subsidiary.BitGo has obtained a cryptocurrency license from the German

Today, in crypto, the US Securities and Exchange Commission is reportedly preparing to drop its case against Ripple, while a reintroduced bill in Congress seeks to authorize the US government to purchase 1 million Bitcoin. Meanwhile, the European Union’s retaliatory tariffs have deepened macroeconomic uncertainty, prompting analysts to forecast increased volatility for BTC prices. SEC’s

Cryptocurrency markets in 2019 are “going to be quiet for a little bit” while firms focus on building the crypto space, the CEO of CoinList Andy Bromberg told Yahoo Finance on Jan. 31.Following record highs at the end of 2017, cryptocurrency markets in 2018 were mostly bearish. Major coins took large losses and at the…

This week's Bitcoin (BTC) chart leaves little doubt that the symmetrical triangle pattern is breaking to the upside after constricting the price for nearly 20 days. However, derivatives metrics tell a completely different story because professional traders are unwilling to add leveraged positions and are overcharging for downside protection.BTC-USD 12-hour price at Kraken. Source: TradingViewWill…

“I think everyone is in agreement now that crypto is going to be around for the long term,” said James Hume. 772 Total views 15 Total shares James Hume, head of sales at Huobi Global, said that while some institutional investors have gotten “cold feet” over crypto, many with billions of dollars are exploring the…