The Philippines has released new regulations to govern crypto assets recent report says. The new regulation covers areas around buying and selling of cryptocurrencies. Cagayan Economic Zone Authority (CEZA), a government regulator explained that the new regulations are aimed at the effective regulation of the Crypto industry while protecting its investors’ interests and promoting innovation.…
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Recent report announces that 1.73 million users have downloaded the Coincheck mobile app since it commenced withdrawals, deposits, new account sign-ups, and limited trading in October, and as at the last week in December, over 900,000 out of the new users had confirmed their identities. This is a great achievement especially for exchange such as…
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According to a recent report, Coinsquare, a leading cryptocurrency exchange in Canada has reportedly laid off about 1/3rd of its employees. This news is coming after at least five other exchanges landed in trouble due to reasons ranging from overcoming financial difficulties and technical issues, coping with coin losses and hack attacks, to the need…
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According to a recent report, the Chief Executive Officer of QuadrigaCX is dead. He reportedly died on a trip to India and unfortunately for the Canadian cryptocurrency exchange, he was the only person with the private keys to the cold wallet which contains the tokens being managed the exchange. QuadrigaCX’s Dead CEO has the Only…
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According to a recent report, Blockstack has announced that it is presently building a new distributed ledger protocol called Stacks. Stacks is a network which makes use of the hash power from the Bitcoin Core (BTC) network. It also possesses a consensus algorithm which burns BTC by making use of a mechanism known as proof…
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Go-Ahead, a leading UK’s public transport providers, has recently partnered with a blockchain startup— DOVU. The purpose of the partnership for Go-Ahead to leverage DOVU’s blockchain-powered reward platform to help the company understand its customers better. Changes to their behaviour will also be incentivized. DOVU Blockchain-based Marketplace DOVU which has Jaguar Land Rover’s innovation arm…
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Based on a recent report, Cottonwood Vending, a cryptocurrency ATM operator based in the United States has been given regulatory approval to carry out its business in the state of New York. This makes it the second time the New York State Department of Financial Services (NYDFS) has granted a Bitlicense to a cryptocurrency ATM…
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Many events have taken place in the crypto market of late. In this article, we will be mentioning just five of the key events that shook the crypto world this week. Bitcoin Climbs up in CCID’s First Crypto Ranking of 2019 According to a recent report, China’s Center for Information and Industry Development (CCID) has…
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Genesis Global Trading, according to a recent report, a leader in digital currency trading and lending has released a snapshot of its Digital Asset Lending for the fourth quarter of 2018. The publication shows that the exchange witnessed significant growth in the last four months of the year which included earning $500 million in originations…
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A recent report has revealed that Fidelity Digital Assets plans to launch its own Bitcoin Custody Service, a move which is expected to remove one of the final blockage hindering institutions from investing in Bitcoin. Fidelity Investments is the Fourth Largest Asset Manager in the World According to a recent report, the fourth largest asset…
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