Central Bank of Bahrain Plans to Regulate Crypto
Crypto Regulations

Central Bank of Bahrain Plans to Regulate Crypto

The Central Bank of Bahrain (CBB) has issued draft rules for regulating crypto assets and specific aspects of the crypto industry of the country. The draft has been put forward with the intent to establish Bahrain as a regional leader in the crypto sector and secure its position as a …

UAE Exchange To Use Ripple Based Payment System | Coindelite News
Ripple News

UAE Exchange To Use Ripple Based Payment System

Popular companies and institutions across the world are rapidly adopting Ripple’s payment system called RippleNet. Now it is United Arab Emirates Exchange’s (UAE) turn. The firm is currently working with Ripple to launch a blockchain-based payment system in Asia by the first quarter of next year. On Thursday, Reuters published …

Crypto Project Basis Shuts Down
Cryptocurrency News

Crypto Project Basis Shuts Down

Basis, the cryptocurrency project that once made headlines is shutting down. The company was previously known as Basecoin and had raised $133 million through venture capital earlier this year. The fund was intended to be used towards developing a stablecoin, a type of cryptocurrency whose price remains fixed and is …

Bitcoin's Fair Value to Reach $150K per coin: Tom Lee
Bitcoin News

Bitcoin’s Fair Value to Reach $150K Per Coin: Tom Lee

Cryptocurrency bull and Fundstrat’s co-founder Thomas Lee claimed that the “fair value of Bitcoin (BTC) is significantly higher than the current price,” according to a report by Bloomberg on December 13. In a recently delivered note, he reportedly said that Bitcoin’s fair value is between $13,800 and $14,800, given the …

Checking and Savings Account Launched By Robinhood
Cryptocurrency News

Checking and Savings Account Launched By Robinhood

Robinhood, the Menlo Park-based company has announced the launch of savings and checking account for its US customers. This announcement was made through a blog post by the company. Robinhood serves as a crypto trading platform and also offers stock trading as its flagship service. The company has promised to …

IBM To Boost African Agribusiness with Blockchain

IBM has partnered with the U.S. based agriculture tech firm Hello Tractor to improve the African agriculture industry with blockchain. On December 11 IBM published a blog post announcing the partnership. The post says that the IBM Research team in Kenya is currently working with Hello Tractor’s developers to use …

UAE and Saudi Arabia Launch Cryptocurrency
Cryptocurrency News

UAE and Saudi Arabia Launch Cryptocurrency

The United Arab Emirates’ Central Bank is working on a cryptocurrency in collaboration with the Saudi Arabian Monetary Authority (SAMA). This cryptocurrency is not meant for the general public but will be used to carry out inter-bank transactions. According to the report that was published by Gulf News, the local …

Binance Launches Blockchain Education Platform
Crypto Exchange

Binance Launches Blockchain Education Platform

While the world of cryptocurrencies is in turmoil, it hasn’t stopped the industry giants from expanding their services. Binance, one of the largest cryptocurrency exchanges in the world has launched Binance Academy. This latest offering from the crypto giant aims to raise awareness and educate people about the basics of …

Circle Adds Bitcoin SV to its Invest List
Bitcoin Exchange

Circle Adds Bitcoin SV to its Invest List

The Crypto investment application powered by Circle now allows users to buy Bitcoin SV (BSV), as per the tweet from the company. BSV is available on the latest version of the application. BSV is now available on Circle Invest and BCH trading has been re-enabled! — Circle Invest (@circleinvest) December …

CEX.IO Says No to Anonymous Crypto Trade
Crypto Regulations

CEX.IO Says No to Anonymous Crypto Trade

In an attempt to comply with the Fifth Anti-Money Laundering Directive in the European Union (EU), the United Kingdom’s CEX.IO has made it mandatory for its customers to reveal their identities. This development was announced through a press release. CEX.IO a self-regulated exchange was founded back in 2013. The only …

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