Bilal Jafar

Blog Info CryptoCurrency – Finance Magnates | Financial and business news
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Stats Has written 66 posts about cryptocurrency

Dec 02 2020

Russia Says No to Private Stablecoins Pegged with Ruble

The central bank officials opposed the idea of ruble-pegged private stablecoins as the country follows the Chinese model. Receives an Australian Financial Service License

The company secured an AFS license through the acquisition of The Card Group.

World’s Largest Asset Management Firm Shows Bitcoin Optimism

CEO of BlackRock says Bitcoin has the potential to evolve into a global market asset.

Libra Rebrands to Diem Ahead of the January Launch

The Facebook-backed project makes an attempt to distance itself from the old vision.

Dec 01 2020

Ethereum 2.0 Goes Live with Beacon Chain as Community Staked 900,00 ETH

The long-awaited upgrade launched as the ETH community staked nearly 900,000 ETH, way more than the required 524,288 Ethereum.

US Retail Investors Want Strict Punishments for ICO Founders

A survey by Xangle Research shows 33% of the US-based ICO investors felt that the ICO deceived them.

HIVE Blockchain Reports $13 Million Digital Currency Mining Revenue in Q2

The company reported strong financial results as the gross mining margin increased to $9.2 million.

Christine Lagarde Bashes Bitcoin and Libra

The ECB president termed stablecoins as “risky assets” but praised the digital euro.

Nov 30 2020

World’s Top 10 Crypto Companies Hold 830,433 Bitcoin

Grayscale Bitcoin Trust tops the list with 509,581 BTC, followed by (140,000 BTC).

Saudi Arabia Inches Closer to Officially Launch Digital Currency with UAE

SAMA and the central bank of the UAE jointly published a report to show key benefits of a CBDC.

Wall Street’s Leading Investment Firm Enters Bitcoin

Guggenheim Partners filed an amendment with the SEC to seek 10% investment exposure in Grayscale Bitcoin Trust.

Nov 27 2020

German Finance Minister Demands Quick Decisions on Digital Euro

Olaf Scholz said that the European Central Bank should not adopt wait and see approach to launch a digital currency.

IOTA Partners with Austrian University for Blockchain Research Lab

IOTA Foundation collaborated with Vienna university of technology to expand research in Distributed Ledger Technologies.

Facebook Plans to Launch Libra in January 2021

The world’s largest social networking platform is planning to launch its digital currency in a limited format.

Russia Plans to Treat Cryptocurrencies as Property

Prime Minister Mikhail Mishustin said that the government is planning to regulate the crypto market in a civilized manner.

Nov 26 2020

China’s Leading Blockchain Infrastructure Provider Adds Polkadot

BSN has announced the integration of Polkadot, Oasis, and Bityaun into its network.

Oxford Competes with Cambridge to Win Algorithmic Crypto Trading Contest

Students from the world’s top universities are participating in a trading competition launched by APEX:E3.

PayPal Bans User for Trading Cryptocurrencies

The company permanently banned an account for frequent crypto trading and imposed a 180-day hold on funds.

Nov 25 2020

Australia Plans to Test Paperless Trade with Singapore Using Blockchain

ABF launched a trial with Singapore authorities to simplify cross-border trade through blockchain technology.

Anonymous Crypto Whale Transfers 40 Million XRP to Bitstamp

The unidentified user moved XRP tokens from an address that has been dormant since 2013.

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