Germany’s federal parliament Bundestag has reportedly passed a bill that is to allow the country’s banks to store and sell cryptocurrencies next year. However, the legislation is awaiting the approval of the Bundesrat, the parliament’s chamber that represents Germany’s 16 federal states. The latest development comes as Germany’s banking sector reported a 31% Read more…
Read more
At least five Chinese crypto exchanges have halted or chosen to terminate operations this month in response to a perceived hardening of Beijing’s anti-crypto stance. At least five Chinese cryptocurrency exchanges have halted or chosen to terminate operations this month in response to a perceived redoubling of Beijing’s anti-crypto stance. Exchange operator Bitsoda informed the…
Read more
Coinbase has denied reports that it acquired digital currency brokerage firm Tagomi for $150 million. Coinbase, a major American cryptocurrency exchange and wallet service, has not acquired digital currency brokerage firm Tagomi. On Nov. 29, sources told CoinDesk that Coinbase acquired Tagomi for $150 million that morning, following purported negotiations between the firms last month.…
Read more
Bitcoin bulls and bears are set to have a key battle going into the weekend at a critical price level that could set the tone for the rest of the year. Bitcoin (BTC) is trading up around 2% at $7,600 on the back of the European session this morning, which is where it has been…
Read more
Block.One’s announced participation in EOS’s block producer elections has reignited concerns regarding the network’s centralization. The centralization of EOS has again emerged as a contentious issue within the cryptocurrency community, with the firm that created the EOSIO software, Block.One, participating in electoral procedures to choose the Block Producers for the EOS blockchain. On Nov. 28,…
Read more
A screenshot of the KakaoTalk chat app. Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Wallets news Chat app giant and Klaytn blockchain mainnet developer Kakao has announced that it will roll out its crypto wallet in the first…
Read more
Next year, German banks could become legal custodians of Bitcoin and other cryptocurrencies, according to a new bill. A new bill in Germany could enable banks to support the sale and custody of Bitcoin (BTC) and other cryptocurrencies by 2020. German news agency Handelsblatt reported on Nov. 27 that the bill now requires consensus from…
Read more
Poloniex officials promise a transformative impact on Tron thanks to the deal, but have yet to produce significant price improvement as Poloni DEX goes live. Cryptocurrency exchange Poloniex now controls the largest decentralized exchange (DEX) on blockchain network Tron (TRX), official reports state. Confirmed by Tron CEO Justin Sun on Nov. 29, Poloniex will now…
Read more
Russia’s increasingly confusing cryptocurrency policy continues to develop – and the latest curveball is a proposed ban on payments made using Bitcoin and other cryptocurrencies. Per a report from media outlet Izvestia, the country’s Central Bank and the regulatory Federal Financial Monitoring Service (known locally as Rosfinmonitoring) are preparing to issue a ban Read more…
Read more
Developed by the Cardano Foundation and Coti, the solution allows merchants to accept ADA payments with settlement in 35 fiat currencies. The Cardano Foundation, the firm behind the 12th biggest cryptocurrency Cardano (ADA), has launched AdaPay, an ADA payment gateway for merchants. Developed by the Cardano Foundation and enterprise-grade fintech platform Coti, the solution allows…
Read more
