Major crypto exchanges, such as Binance, Coinbase and Bitstamp dropped in the ranking of the “most trusted” exchanges, updated by a provider of the crypto market data CryptoCompare. Gemini and OKEx jumped the most. As reported, CryptoCompare rolled out its Exchange Benchmark in June, encompassing more than 100 exchanges, are graded from high to low,…
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Source: iStock/t_kimura The Royal Bank of Canada (RBC), the Canada-headquartered major global bank, has responded to reports that claimed it is on the verge of launching a Bitcoin and altcoin trading platform – saying it has no “near-term plans to launch a cryptocurrency exchange for clients.” Earlier this month, media outlet The Logic claimed it…
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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. Regulation news Providing legal certainty on the status of cryptoassets and smart contracts for the first time in the UK, the landmark statement recognizes the asset class as property and smart…
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Xi Jinping. Source: a video screenshot, Youtube, VICE News Beijing seems to have once again declared its preference for blockchain technology and disdain for virtual currencies. Dovey Wan, a founding partner of California-based investment company Primitive Ventures, shared a short video today, a part of a high profile TV program “Focus Report,” which runs on…
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Source: iStock/LOVE_LIFE 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. China news Despite China’s U-turn on Bitcoin mining, Chinese local governments are strengthening regulation of the crypto mining industry and its aspect such as speculation and illegal fundraising, with…
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Source: iStock/Gil-Design The BRICS Business Council has discussed the possibility of creating a single ‘cryptocurrency’ to facilitate settlements between member countries, after Russia’s sovereign wealth fund put forward a proposal. The BRICS nations – Brazil, Russia, India, China and South Africa – met in Brazilia this week. The Russian Direct Investment Fund (RDIF) says it…
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Japanese cryptocurrency enthusiasts are watching business developments with interest after Softbank, the financial group that owns over 48% of Yahoo Japan, admitted that it was in talks with the operator of the Line chat app over a potential merger. Line has recently launched its Bitmax cryptocurrency exchange in Japan, and operates exchanges and blockchain business…
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Source: iStock/bernie_photo Virtual asset service providers (VASPs) just launched the OpenVASP initiative that aims to solve one of the biggest regulatory challenges, known as the “travel rule.” As a reminder, the rule necessitates that VASPs share customer info with each other, so that one exchange can confirm, for example, that a customer on another platform…
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The Cryptoverse, including CEOs of Binance and Tron, is advising PornHub, a major porn website, and their performers on how to deal with their payment conundrum after PayPal stopped model payouts: use more crypto. (Updated at 15:37 UTC: updates in bold). “We are all devastated by PayPal’s decision to stop payouts to over a hundred…
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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. Adoption news Coinbase Card, a Visa debit card issued by Coinbase, is now also available in Bulgaria, Croatia, Denmark, Hungary, Iceland, Liechtenstein, Norway, Poland, Romania, and Sweden, the company Read more…
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