Category: Digital Currency
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Boerse Stuttgart’s Crypto Exchange Live for All Traders in Germany
Germany’s second-largest stock exchange, Boerse Stuttgart, has opened up its cryptocurrency trading platform to all interested traders in the country. This move follows the passing of a bill allowing banks in Germany to sell and hold cryptocurrencies for their clients starting next year. Also read: Regulatory Roundup — Germany to Let Banks Sell and Store…
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Tron and Poloniex Relationship Scrutinized After Digibyte Delisting
The crypto firm Circle recently revealed that it was spinning off the trading platform Poloniex and has since warned customers to withdraw assets or they may be sent to state governments. Following the announcement, the founder of the crypto network Digibyte (DGB), Jared Tate, explained he was extremely upset that his friend’s and family’s sensitive…
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Banks Are Cutting 75,700 Jobs Worldwide
Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank, HSBC, and more. The negative interest rate environment and slowing economies have forced…
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Monarch Wallet Becomes First Live Decentralized Mobile Recurring Payments App
[et_pb_section fb_built=”1″ _builder_version=”3.26.1″ custom_padding=”3px|||||”][et_pb_row _builder_version=”3.26.1″][et_pb_column type=”4_4″ _builder_version=”3.26.1″][et_pb_image src=”https://amazingcrypto.com/wp-content/uploads/2019/11/MonarchAdBanner1104.jpeg” _builder_version=”3.26.1″][/et_pb_image][et_pb_text _builder_version=”3.26.1″ header_font=”Montserrat||||||||” custom_margin=”0px||||false|false” custom_padding=”15px||||false|false”] Monarch Wallet Becomes First Live Decentralized Mobile Recurring Payments App [/et_pb_text][et_pb_text _builder_version=”3.26.1″ header_2_font=”Montserrat||||||||”] High fees and chargebacks are a thing of the past! Monarch Wallet now allows businesses, creators and others to easily accept cryptocurrencies on custom or recurring bases while reducing…
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OSC Commissioner Debunks Arguments Against Bitcoin, Green-Lights Bitcoin Fund
A commissioner of the Ontario Securities Commission (OSC) has debunked the arguments against bitcoin used to deny the public offering of The Bitcoin Fund. Among others, the commissioner rules that bitcoin is neither illiquid nor more susceptible to manipulation than other commodities, real volume and real trading in bitcoin exist, and it is not the…
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23 Central Banks Divulge Their Digital Currency Requirements
Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their greatest concerns about implementing them. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain The First…
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Korean Presidential Committee Pushes to Legalize Crypto
A South Korean presidential committee is pushing for the government to establish legal status for cryptocurrency to stay competitive globally. So far, the government’s policies have been risk-focused to curb speculation, which the committee says must change. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain Presidential Committee Pushes for Crypto Legalization…
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Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq
Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters. Also read: 4 New High-Powered…
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China Ranks 35 Crypto Projects as President Xi Pushes Blockchain
China has been on a roll with a series of crypto-related announcements. President Xi Jinping’s speech to accelerate the development of blockchain technology in China was followed by the passing of a cryptography bill. Meanwhile, China’s Center for Information and Industry Development has continued to evaluate and rank crypto projects, and the central bank is…
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Indian Crypto Trading Volumes Accelerate on Positive Sentiments
Cryptocurrency trading volumes in India have accelerated despite regulatory uncertainty and banking restrictions imposed by the Reserve Bank of India (RBI). Global trading platforms and service providers have also been expanding their operations to serve Indian users. Also read: Mistakes Crypto Owners and Traders Should Avoid Strong Trading Volume Growth Banking services may be restricted…