Posted in Cryptocurrency

ASIC Bitcoin Miner Manufacturer, Ebang, to Launch Crypto Exchange Outside China

Ebang International Holdings to launch an offshore crypto exchange that can potentially double their income to $200 Million. This, alongside…

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BIS Annual Report Reveals Increased Activity in CBDC; Emphasis on Policy Not Competition

The Bank for International Settlements (BIS) Annual Economic report has revealed that Central Bank Digital Currencies (CBDC) are gaining popularity…

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Posted in Cryptocurrency

Online Payment Giant, PayPal, Kick-Starts Research Into Buying & Selling Crypto

The international payment service, Paypal, has announced plans for a direct sales solution of cryptocurrency for its more than 325…

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Ripple-Partner, MoneyGram, Sees 107% Growth in Customer Transactions YoY: Q1 2020 Report

MoneyGram International Inc. (MASDAQ:MIG) peaked at $4.03 on June 10, 2020, representing a sharp 20% increase since the markets opened…

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Western Union Testing and Considering Using Ripple (XRP) for Cross-border: Credit Suisse Research

According to the research by investment bank Credit Suisse, the international money transfer service provider, Western Union is currently testing…

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Posted in Cryptocurrency

Govt’s May Accelerate Digital Payment And CBDC Research Due to COVID-19: BIS

Bank of International Statements (BIS) recently released a research report on the effect of the COVID-19 pandemic to the overall…

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Intermex Walks Back Announcement, They Won’t Be Using Ripple In Core Markets Like Mexico

International Money Exchange (Intermex), one of the most prominent remittance companies in the world, made the announcement that it won’t…

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Posted in Cryptocurrency

Leading French Bank, BNP Paribas, is Blocking Transfers to Coinbase Crypto Exchange

International French banking giant, BNP Paribas, is allegedly blocking funds transferred to Coinbase crypto exchange. According to one of the…

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BIS Latest Report Discusses How Payment Are Evolving With Tokenization and CBDC’s

Bank of International Settlements (BIS) researchers focusing on the payments’ future, reveals their latest quarterly report released on Sunday. The…

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Posted in Cryptocurrency

Fidelity International Buys 5.6% Stake In A Hong Kong Based OSL Crypto Exchange Operator

Fidelity International, an off-shoot of renowned US-based financial asset manager Fidelity Investments, has decided to purchase a 5.6% stake in…

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