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Top-13 sovereign wealth fund supports Emirati crypto platform
12 August, 2019 17:45

Top-13 sovereign wealth fund supports Emirati crypto platform

The top-13 major sovereign wealth fund in the world – Mubadala Investment Capital – reportedly made a huge investment worth billions in upcoming UAE-based cryptocurrency exchange MidChains.

Coinbase about to remove ZCash from listing in UK
12 August, 2019 16:47

Coinbase about to remove ZCash from listing in UK

Coinbase cryptocurrency exchange said it intends to exclude ZCash cryptocurrency from its platform for all customers in the UK.

Allianz targets own cryptocurrency
12 August, 2019 14:16

Allianz targets own cryptocurrency

The major insurance company in Germany – Allianz – announced the development of an electronic crypto-based payment system that will be used to fast cross-border insurance transfers. The new token is expected to be pegged to the US dollar at 1:1 ratio.

Kakao launches Klip crypto wallet
12 August, 2019 13:59

Kakao launches Klip crypto wallet

The own Klip cryptocurrency wallet from the South Korean company Kakao will be launched in the second half of 2019. He will support the Klay messenger altcoin and other coins on the Klaytn blockchain.

US dollar weaker on stronger demand for safe haven
12 August, 2019 13:14

US dollar weaker on stronger demand for safe haven

The US dollar lost grounds at the first Asian trading of this week. The greenback is slackening against the euro and Japanese yen due to persisting tensions connected with the US-China trade issue since the demand for a safe haven is soaring now.

Coinbase unveils information about late-May hack
12 August, 2019 11:12

Coinbase unveils information about late-May hack

The Coinbase cryptocurrency exchange reported successful resistance to “a sophisticated, highly targeted, thought out” hacker attack aimed at accessing its systems and facilities with a total value of several billion dollars.

China about to roll out central bank cryptocurrency, official says
12 August, 2019 10:58

China about to roll out central bank cryptocurrency, official says

The People's Bank of China has reportedly confirmed its intentions to launch China's central bank cryptocurrency in the near term. The representative of the payment department of PBOC stated that the bank has already created a currency prototype after long-lasting development.

FATF to create new AML system in crypto sector
09 August, 2019 16:34

FATF to create new AML system in crypto sector

Some countries that are members of the Financial Action Task Force on Money Laundering (FATF) will be involved in the creation of a cryptocurrency transaction tracking system. The organization will begin to collect user personal data to combat illegal activities.

Bill on double crypto tax cancellation resubmitted to US Congress
09 August, 2019 13:42

Bill on double crypto tax cancellation resubmitted to US Congress

Ted Budd, Congressman from North Carolina, has again brought a bill Virtual Value Tax Fix Act to the Budget Committee of the House of Representatives. The bill suggests that crypto-related transactions should not be subject to double taxation.

Brian Kelly: Bitcoin is hard to kill asset
09 August, 2019 13:38

Brian Kelly: Bitcoin is hard to kill asset

It is possible that 2019 will be a turning point for the perception of bitcoin in the global financial space. This was stated by the founder of a digital asset management company BKCM Brian Kelly.

Blackmoon plans to list GRAM token
09 August, 2019 12:51

Blackmoon plans to list GRAM token

The Blackmoon cryptocurrency platform has announced a partnership with Gram Vault. Thanks to the new partnership, Blackmoon intends to become one of the first exchanges to add a Gram token to the listing.

SBI VC Trade adds CoolBitX solution for KYC compliance
09 August, 2019 12:05

SBI VC Trade adds CoolBitX solution for KYC compliance

Japan-based cryptocurrency trading platform VC Trade (part of SBI Holdings) has reportedly introduced a new customer verification system striving to comply with the international standards specified by FATF guidelines.