OKX's exit From Nigeria sparks criticism from crypto analysts

Banking giant HSBC echoes global stablecoin concerns, calling for regulation to be equivalent to its adoption level. 623 Total views 4 Total shares HSBC, the largest European bank with total assets of $3 trillion, maintains a skeptical stance on cryptocurrency while promoting the central bank digital currency (CBDC) development.HSBC Group CEO Noel Quinn penned an…

Eight companies gathered on stage at Elev8CON in Las Vegas on Dec. 10 to demonstrate how they are applying blockchain technology to solve real-world problems and improve financial industries.The startup showcase session featured Gridfinity, a cloud-based mining company; Appliqate, a blockchain-based affiliate marketing solution; TemTum, a scalable blockchain network; DreamView Studios, a computer-generated imagery company…

The World Payments Report 2018 published Oct. 16 has found that distributed ledger technology (DLT) is not currently capable of meeting financial market demands. The annual report was jointly compiled by consulting and technology services firm Capgemini and leading European bank BNP Paribas.To prepare the report, researchers conducted an assessment based on multiple criteria, including…

Twitter searches for “$Bitcoin,” “Bitcoin price” and “Bitcoin price” also pulls up the price chart, with equivalent searches working for Ethereum too. 227 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTTwitter has added a new crypto feature that enables Twitter users to search the price of Bitcoin…

Japanese finance giant SBI Holdings has released its nine-month financial report today, Jan. 31. In the report for the period ending on Dec. 31, 2018, SBI notes Ripple’s potential for cross-border payments.SBI outlines the implementation of technologies by Ripple (XRP) and blockchain consortium R3 as a major part of its strategy to enable a global…

Eos (EOS) parent company Block.one has disclosed that it is a client of a lobbying firm in a disclosure form registered in May.In the document, Block.one is cited as the client of international law firm Holland & Knight LLP, whose offices globally work on over 200 different practice areas including regulatory and government affairs, blockchain…

Bitcoin’s (BTC) price continued its downtrend Wednesday ahead of the testimony from United States Federal Reserve Chairman Jerome Powell.The spot BTC/USD exchange rate fell to its 17-day low of $31,600 following a 3.46% intraday dip. Meanwhile, CME futures tied to the pair plunged 3.41% to $31,515, extending their week-to-date losses to 9.5%.Bulls step in at…

All individuals and institutions in the country, including banks, will have to sign up using the new AML registry from the Bank of Spain. 980 Total views 21 Total shares The central bank of Spain is introducing new registration guidelines for local virtual currency service providers, or VASPs, including banking institutions.The Bank of Spain has…

Layer two aggregator Polygon has seen a 330% surge in active addresses over the past 3 months. 1405 Total views 33 Total shares Layer two protocols have seen monumental growth this year and one of them has briefly surpassed the network it is a scaling solution for, in terms of active addresses.The number of daily…