Blockchain Thrives In Ireland Amid Brexit Concerns

  Ireland has seen strong growth, nearly a decade after the banking crisis and international back out. However, financiers and investors fear a “no deal” Brexit – in which the UK leaves the European Union without trade agreement at the end of the month. This could turn out destructive for …

Top Cryptocurrencies Gain Balance as Bitcoin’s Price Increases

  The top 20 cryptocurrencies have reported small gains and losses on Sunday, March 17. Bitcoin (BTC) has climbed up just above the $4,000 mark, as per the data from CoinMarketCap. Judging by its weekly chart, the current price is around 2.4 percent higher than the price at which Bitcoin …

Financial Authorities of UAE Conduct Crypto Asset and Fintech Forum

The United Arab Emirates Federation (UBF) and the Abu Dhabi Global Market (ADGM) conducted a combined forum on crypto assets and fintech, the official news outlet of UAE, Emirates News Agency reported on March 17. According to the report, the event was held in ADGM partnering with the UBF Compliance Committee, striving …

Central Bank Of Mexico Releases New Crypto Rules

The Bank of Mexico, which is also the central bank of Mexico, introduced a circular in the Official Gazette of the Federation on Friday elaborating crypto-related provisions for the regulation of financial technology institutions (ITFs). The CEO of Mexican crypto exchange Volabit, Tomas Alvarez explained that “A year ago a …

Crypto Holds Potential to Build a Strong Social Network: Winklevoss Twins

The emerging crypto industry with its distinctive features has lead to the formation of a strong community of active supporters. However, this community has seen many divisions taking place as new digital currencies keep stealing the spotlight from time to time. Nevertheless, the Gemini co-founders, Cameron, and Tyler Winklevoss believe …

Facebook’s Crypto Could Generate Billions: Barclays’ Analyst

Facebook’s cryptocurrency has the potential to generate $19 billion in additional revenue, if it’s launched, according to a CNBC report published on March 11. Ross Sandler, internet analyst of Barclays conveyed in a client note that a cryptocurrency could establish a new revenue stream for Facebook, improving its share price …

ICO and Crypto Regulations Set to Improve in Japan

The Japan Cryptocurrency Business Association (JCBA) has started contributing new ideas to improve the regulatory status of cryptocurrencies and ICO in the country. The trade group expressed their desire to work towards “the sustainable development of cryptocurrency businesses” in Japan. The group which consists of crypto exchanges, banks, insurance companies, …

Top Crypto Exchange HitBTC Accused of Fraud

The developers of Bitcoin Private (BTCP) have accused HitBTC, the leading cryptocurrency exchange of Europe, of committing a fraud related to their delisting from the exchange following a coinburn. The accusations were conveyed in a letter issued on February 26 to the exchange by the Petros Law Group on behalf of …

Crypto Still A Mystery For UK Consumers

United Kingdom’s Financial Watchdog, the Financial Conduct Authority (FCA) recently published two reports, highlighting data about consumer awareness, understanding, and attitudes about crypto assets. The first report documents research firm Revealing Reality’s interviews with 31 crypto-asset consumers, out of which 17 were short-listed for follow-up rounds. Whereas, the second one …

EToro’s Crypto Services Now Available in 31 US States

The trading platform for investors and traders, eToro recently launched its cryptocurrency trading services in the United States, as revealed in the press release shared by the company on March 7. According to the release, the exchange with over 10 million registered users, will soon provide the trade of 13 …