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Mongolia recently saw its first licensed digital currency start circulating after the country’s central bank, the Bank of Mongolia, allowed its largest mobile telecoms operator, Mobicom, to issue it. According to Mongolia’s official state media outlet Montsame, Mobicom’s financial arm Mobifinance was allowed to issue the e-currency to investors after a...
The U.S. Securities and Exchange Commission (SEC) is effectively taking action against crypto beginning coin offering (ICO) ventures and a best official said not long ago that many cases are pending. The following rush of authorization by the SEC, invigorated by its ongoing settlement with expert boxer Floyd Mayweather and...
Kraken, a popular exchange based in the U.S., has announced that it will be expanding its OTC trading platform which will improve the performance of large block trades for all its clients. “Kraken is excited to announce a major expansion to our OTC trading platform which will enhance the execution...
A new trade and finance blockchain platform, backed by the People's Bank of China (PBoC), has started official pilot operations in Shenzhen, local news outlet 21jingi reports September 12. The “Guangdong, Hong Kong and Macao Dawan District Trade Finance Blockchain Platform” aims to provide a blockchain-powered ecosystem for cross-border trading across Guangdong, Hong Kong, and Macau...
Things haven't been easy of late for Bitmain. After CoinDesk revealed the China-based crypto mining giant was planning an initial public offering (IPO) for September, the company has faced a wave of perhaps unprecedented scrutiny. On social media, allegations emerged Bitmain was everything from insolvent to presenting a rosy outlook for...
Today we want to introduce you to the idea of crowdfunding, a concept that start-ups with good and innovative product ideas like to use to fund their project. However successful these start-ups may be, the question remains whether this concept can work in an environment as strongly regulated and...
On Thursday afternoon, WazirX Chief Executive Officer (CEO) and founder, Nischal Shetty announced that the exchange had been listed on CoinMarketCap. https://twitter.com/WazirXIndia/status/1042673018428899328 Following this announcement, Crypto-News India reached out to Shetty and asked him some questions on how this exciting development came about. Here’s what we found out: Q1. Some of our...
Steven Rattner, a noteworthy Democratic giver, told Yahoo! Money in an ongoing meeting for the site's "Influencers with Andy Serwer" webcast that he supposes very rich person previous New York City Mayor Michael Bloomberg could "totally" rout Donald Trump in the 2020 U.S. presidential race as the Democratic chosen...
The Australian Taxation Office (ATO) has reissued a notice to merchants to guarantee they proclaim their digital money benefits when detailing their yearly incomes. The ATO has cautioned Aussie crypto brokers various occasions before however the issue is presently achieving fever pitch. Digital money administrative prerequisites crosswise over Western countries...
The Wall Street Journal reports that banks will recast contract credits. Because of Federal Reserve approach changes, it's as of now less expensive for banks to get credits than it has been for some time. The other impact of a decreased LIBOR rate is by all accounts lower contract...