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PayPal Allows Crypto Spending — Is The Rest Of The World Ready?

The shift from legacy finance is happening and firms like PayPal have the muscle to hasten things along The move may stimulate the global use of virtual coins and new digital currencies that may be developed by central banks and corporations PayPal allows crypto spending — are the rest of the worl

[BREAKING] Bitcoin Breaks Beyond $12,000 Since September 1 - Bull Run is Expected

Bitcoin is currently trading at $12,020 after breaking the critical psychological level of $12,000 for the first time since September 1. Bulls have been in full control of the daily chart since the initial breakout above $11,000, mostly fueled by the purchases of big amounts of BTC from multi-billio

FinCEN Hits Helix and Coin Ninja Operator with $60 Million Fine

Prosecutors said Larry Dean Harmon laundered more than $300 million worth of cryptocurrency often used for illegal transactions. Photo: Finance Magnates Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) fined a Bath Township man it accused of violating anti-money-launderin

Tax Fraud? J5 Probes ‘100s of Accounts’ at Peter Schiff’s Euro Pacific Bank

The renowned Bitcoin skeptic denies any and all allegations that Euro Pacific is guilty of any wrongdoing. Photo: Reuters “Hundreds of accounts” at the Puerto-Rico based Euro Pacific Bank–founded by renowned millionaire broker and Bitcoin skeptic Peter Schiff–have been placed under international in

G20 Announced CBDC Frameworks Formalisation - Future of Crypto is Here?

Earlier this week, the group of 20 (G20) announced that it was working with international financial organizations to formalise Central Bank Digital Currency (CBDC) frameworks. Photo: Rachel McIntosh Over the past several years, G20 has increasingly had its eye on cryptocurrencies. However, until re

[READ N' GO] - Daily News Recap

Good morning traders! This is the official account to find out all the breaking news that may/may not affect your trading decision such as economy policies, political moves, global agendas and more.BUT first, to start off your day with a bang, here's a recap of the important news we think you should

[BREAKING] Asian Stocks Under Pressure, Dollar in Demand Amid Resurgent Virus Fears

(Reuters) - Asian stocks came under pressure on Friday as investors sought safe havens, such as the U.S. dollar, fearing that a resurgence in coronavirus cases and a lack of additional U.S. fiscal stimulus would hobble the world economy.U.S. President Donald Trump’s offer on Thursday to raise the si

Crypto Lender Celsius Now Offers Yields to Bitfinex Users

With over 100,000 active users of its app, Celsius allow Ethereum holders to earn a rate of up to 9.65% Photo: Aziz Abdel-Qader Cryptocurrency exchange Bitfinex has come into a new partnership with Celsius Network, a cryptocurrency lending, and borrowing platform, to allow its customers earn a retu

Chainalysis Doubles Q3 Revenues, Grows Team with New Hires

The New York-based compliance startup also said it had grown the number of its customers by 65 percent YoY. Photo: FM Blockchain intelligence platform Chainalysis said it has grown the number of its customers by 65 percent over a yearly basis thanks to higher demand on its investigative technology

Ant Group’s $35 Billion IPO Won’t Be Affected by Possible US Restrictions

The United States' possible curbs on Ant Group won't affect the companies revenue in a meaningful way, analysts say. Photo: Hong Kong Ant Group’s $35 billion initial public offering (IPO) is unlikely to suffer from possible US restrictions on the company due to the fact that its presence overseas i

FCA Bans Crypto Derivatives Sale To Retail Consumers

The U.K. Financial Conduct Authority issued a ban of the sale of derivatives and exchange traded notes (ETNs) that reference certain types of cryptoassets to retail consumers.The U.K. Financial Conduct Authority issued a ban of the sale of derivatives and exchange traded notes (ETNs) that reference

Revolut Joins up with Fireblocks to Introduce New Crypto Services

Fireblocks offers several different cases for its users, like earning passive income or safeguarding assets. Photo: Revolut Revolut, which bills itself as a ‘digital banking alternative’, has integrated MPC-based wallet and network infrastructure offered by crypto-security firm Fireblocks to enhan

From Beta to Beyond: Trade Finance Blockchain Platform ‘Contour’ Is Live

The platform's shareholders are hoping that Contour can unify innovation in trade finance. Contour, the blockchain trade finance initiative owned by eight major banks: Bangkok Bank, BNP Paribas, CTBC, HSBC, ING, Standard Chartered, SEB and Citi, has officially left its beta phase. GT Review (GTR)

Binance’s Partnership Talks with Japanese TaoTao Fail

The exchange is phasing out its operations from the Japanese market. Photo: iStock   Crypto exchange giant Binance has failed to enter into an agreement with the Japanese digital asset platform TaoTao for establishing a local joint venture. Reported by Coindesk on Tuesday, the negotiations between

US hits BitMEX cryptocurrency exchange founders with charges

Prosecutors in the United States have filed criminal charges accusing four founders and executives of BitMEX, one of the world’s largest cryptocurrency derivatives exchanges, of evading rules designed to stop money laundering. The Department of Justice charged Arthur Hayes, Samuel Reed and Benjamin

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