‘Reluctant’ Hong Kong Stock Exchange puts Bitmain IPO in limbo
The Hong Kong Stock Exchange is reportedly “reluctant” to give their approval for Bitmain’s IPO application.
Latest Business News
Bitcoin SV means business: Why BSV is the enterprise-friendly blockchain
Bitcoin SV (BSV) is Bitcoin meant for business, and is the blockchain all enterprises should build upon.
Börse Stuttgart to launch crypto trading venue in 2019
Börse Stuttgart, the firm behind the Stuttgart Stock Exchange, is to launch a crypto trading market in 2019, in partnership with solarisBank.
Startup Revolut gains European banking license
UK-based fintech firm Revolut has been awarded a banking license in Lithuania, giving the firm access to provide current accounts and loan services across the EU from 2019.
Basis stablecoin folds, will return $133M in investments
Basis, the heavily funded stablecoin, has confirmed rumors that it is to close, returning all of the funds to investors.
Venezuela starts paying monthly pensions in Petro: report
Venezuelan citizens are reportedly not too happy with the government’s decision to convert their monthly pensions into Petro.
Bitpoint announces expansion into Panama
Bitpoint, a Japanese cryptocurrency exchange, has announced they have launched a new crypto-to-fiat trading platform for Panama.
Coinflux services frozen on heels of CEO’s arrest
Vlad Nistor, the CEO of Coinflux, was arrested by local law enforcement, and Coinflux has frozen all services.
Atomic Wallet integrates Bitcoin SV
Adoption momentum for Bitcoin SV (BSV), the only coin that follows the original Satoshi Vision for Bitcoin, continues to build. This week, more services have started integrating the coin, including Atomic Wallet, the multi-currency custody-free wallet that currently supports more than 300 coins and tokens.
Circle Invest adds Bitcoin SV to portfolio
Circle Invest has announced in a tweet the addition of Bitcoin SV as one of its investment options, giving investors a new easy option to get involved with the original Bitcoin.
HandCash’s POP! speeds up Bitcoin SV payments for merchants
Cryptocurrency wallet and payment solutions provider HandCash has released an app specifically for merchants, to handle more transactions at a time.
NDIC concerned about evolution of digital currencies in banking
Nigeria Deposit Insurance Corporation (NDIC) has expressed concern over the development of digital currencies and their effect on the banking industry.
French lawmakers seek €500M blockchain fund, mining perks
Two French parliamentarians are advocating €500 million ($570 million) for the development of blockchain in the country.
Head of European investment group calls for crypto ban, proves he doesn’t understand the industry
The CEO and global chief investment officer for Allianz Global Investors, Andreas Utermann, thinks cryptocurrency should be “outlawed.”
AriseBank founders to pay millions over ICO fraud charges
AriseBank acting CEO Jared Rice and founder Stanley Ford, has now been slapped with a $2.7-million fine by a U.S. federal court.
UK crypto exchange CEX.IO makes KYC mandatory
UK-based cryptocurrency exchange CEX.IO is now requiring all new customers to undergo a mandatory verification process, as part of enhanced anti-money laundering processes.
Danish taxman targets 2,700 crypto traders over possible tax evasion
The Danish tax authority Skattestyrelsen is pursuing as many as 2,700 Bitcoin Core (BTC) traders over taxes in connection with as much as $12.7 million of unreported transactions.
What’s in a name? Blockchain Terminal ICO fraudster allegedly has ‘two identities’
The promoter behind the Blockchain Terminal (BCT) initial coin offering (ICO) has been unveiled as a disgraced Canadian fraudster who had adopted a fake persona, in an elaborate scheme that fooled employees as well as investors.
Crypto in Africa: New South Africa trading platform, Veritaseum pushes on
The African crypto space is still strong, with Bittrex and VALR partnering on a new exchange, and Veritaseum expanding their offers.
Crypto lender BlockFi secures additional $4 million in funding
BlockFi, a crypto-lending business, has announced that they have secured an additional $4 million in funding.