Category: Coinbase
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Crypto Debit Card Provider Receives FCA Approval in the UK
Cryptocurrency payments provider Wirex has received an operating license from the U.K.’s Financial Conduct Authority (FCA). Wirex Receives Third FCA License The development marks the third license awarded to a cryptocurrency business. Trading behemoth Coinbase and crypto-startup Circle were also awardees of the approval. We are more than proud to announce that Wirex Limited is only…
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eToro CEO Says Correction is Healthy, Platform Bets on Litecoin
In the face of the market capitalization’s nine-month low, the CEO of multi-asset trading giant eToro has spoken positively about the mid-year correction and maintains that demand for Bitcoin has not declined. This chart is sensational… Despite falling prices this year, clients @etoro are increasing not decreasing their $BTC holdings. pic.twitter.com/kvYKo1PBiD — Mati Greenspan (@MatiGreenspan)…
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Trump vs Erdoğan: Bitcoin Is the Answer to Turkey’s Financial Chaos
Latest reporting out of Washington appear to signal no deal struck between the Trump administration and the government of Turkey under President Recep Tayyip Erdoğan, potentially deepening an already fragile financial situation. Turkey’s lira has crashed double digits in recent months, and further as tensions between the two countries, over an American pastor’s jailing, continue…
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Prolific Bitcoin Dealer ‘Blew a Giant Hole’ Through US Legal Framework
A Mexico-based “prolific bitcoin dealer” has been indicted and held without bond in the US on a number of international money laundering charges. He used Bitfinex for his exchange needs after Coinbase closed his account. His “activities ‘blew a giant hole’ through the legal framework of U.S. anti-money laundering laws,” the Department of Justice wrote.…
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Analysts: Cryptocurrency Interest Remains High, Exchange Revenues are Evidence
Despite falling prices of cryptocurrencies like Bitcoin and Ether, a few market analysts believe 2018’s extended bear market is a mere price correction, and so-called Bitcoin “obituary” reports are “greatly exaggerated.” Exchange Fees Indicate Market Interest According to a report on Bloomberg, Sanford C. Bernstein & Co. analysts pointed out the massive revenues of cryptocurrency…
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Coinbase Applies for Direct Bitcoin Payments System Patent
Digital asset exchange Coinbase continues to make strides in streamlining user access to cryptocurrency payments and trading, following an application for a direct bitcoin payments system patent, filed Aug. 14. Making Bitcoin Payments More Convenient and Secure San Francisco-based startup Coinbase is seeking to solve the security issues surrounding direct bitcoin wallet payments, according to…
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Sanford C. Bernstein: ‘Crypto Trading Revenue May Double’
Amid a cryptocurrency market downturn, institutional investor interest continues to take rise. Reported Aug. 17, investment firm Sanford C. Bernstein has predicted that crypto exchange revenue will double by the end of 2018. Wall Street Catching Up to Crypto New York-based investment firm Sanford C. Bernstein & Co. analysts have forecasted that cryptocurrency exchange revenue…
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US Judge Orders Alleged Hacker to Pay Bail in Cryptocurrency
A US federal judge has ordered an alleged hacker to pay the equivalent of $750,000 in cryptocurrency for bail. The man was charged with hacking video game company Electronic Arts (EA), obtaining in-game currency used to buy and sell in-game items, and selling access to online games though black-market websites. Also read: Yahoo! Japan Confirms Entrance…
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The Daily: Binance Launches in Liechtenstein, ZB.com Opens Office in Malta
Crypto exchange Binance is launching a fiat-to-crypto trading platform in Liechtenstein and you can find the details about the joint venture with LCX in The Daily. We’ve also got reports about ZB.com opening a new office in Malta, Coinsilium investing in crypto trading platform Bundle, and the rebranding of the Toshi crypto wallet as Coinbase…