Abu Dhabi Regulator Wants Tougher Crypto Trading Regulations

The global cryptocurrency market has expanded significantly in the last 25 months and crypto trading is becoming very popular in the Abu Dhabi. This is why Richard Teng, the head of the Financial Services Regulatory Authority (FSRA) for the Abu

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Binance & Kraken Could Face Unlawful Operation Charges In NY

Barbara Underwood, the New York State Attorney General has contacted the New York Department of Financial Services and pointed out a potential violation of the state's virtual currency regulations. Underwood claims that cryptocurrency exchanges Kraken, Binance and Gate.io are possibly

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Deutsche Bank To Shift Assets To Frankfurt Due To Brexit

Brexit has been a headache for the British economy as many financial institutions are moving out of the country. Deutsche Bank, one of the world's leading financial institutions has already moved its Euro clearing business from London to Frankfurt. The

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Survey Shows Crypto Enthusiasts Want Salary In Bitcoin

Bitcoin single-handedly changed the global crypto currency market when its value sky-rocketed in 2017 and went as high as $20,000. The massive spike in value created a global hunger for cryptocurrency industries and turned Bitcoin into the most popular cryptocurrency

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SoftBank Presents PoC For Blockchain Cross-carrier Payments

SoftBank Group, one of Japan's biggest companies recently announced that they have developed a proof-of-concept (PoC) that will allow users to send mobile payments between different carriers. This innovative platform uses blockchain technology from TBCASoft to do the job, while

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PayPal Launches ‘Funds Now’ For Businesses

Businesses that use PayPal as their main payment systems are going to be pleased by their new Funds Now feature. With this feature, businesses would be able to receive the money paid to them instantly. Normally, PayPal has a delay

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US SEC Halts Trading Of Two Crypto Investment Products

The US Securities and Exchange Commission (SEC) has halted trading of two foreign-based cryptocurrency investment products in the United States. Notably, one of the products was being promoted as a Swedish bitcoin ETF. Exchange-traded funds (ETFs) are a hot topic

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EU Lawmaker Wants To Make ICO Regulations A Lot Easier

Initial coin offerings (ICOs) was the hype in 2017 raising billions in start-up money as they offered investors a chance to get into the ground floor of new tokens and businesses. However, they did face a lot of pushback in

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80% of Americans Know About Bitcoin, Study Reveals

Bitcoin awareness is reaching high levels among Americans. This emerged from a recent study done by YouGov Omnibus, a firm that specializes in nationwide surveys. According to them, 80 percent of Americans are aware of at least one cryptocurrency and

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Indian Rupee Plummets Threatening 7th Largest Economy

India is the seventh-largest economy in the world and is currently in trouble. This is reflected in the plummeting value of the Indian rupee which has already lost 10 percent of its value against the dollar this year and is

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