Blog: CryptoCurrency – Finance Magnates | Financial and business news

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Author Arnab Shome, Aziz Abdel-Qader, Bilal Jafar, Celeste Skinner, Ella Rosenberg, Jay Hao, Konstantin Anissimov, Maxim Bederov, Rachel McIntosh,
Stats Has published 300 posts about cryptocurrency

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.

Upbit Ramps Up Security with 24-Hour Withdrawal Delay

Traders have to wait for a day after fiat deposits to cash out in crypto.

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.

Sygnum to Tokenize Primary and Secondary Market Offerings

The company is aiming to connect SMEs and new companies with investors.

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

Coinbase Still Suffer Latency Issues Amid AWS Amazon Outage

Customers voiced on Twitter their displeasure about technical difficulties that hinder activity at Coinbase

China’s Leading Blockchain Infrastructure Provider Adds Polkadot

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

Bitcoin & Ether Plummet More than 10% Each: The End of the Bull Run?

The upward motion that BTC & ETH saw over the past few weeks seems to have ground to a halt.

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

Coinsquare Applies for Regulated Crypto Marketplace in Canada

Coinsquare onboarded Nicholas Thadaney and Wendy Rudd to its board of directors

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.

Is Africa Finally Opening Up to Cryptocurrency?

Nigeria’s SEC's recent ruling on crypto should prove to be a game-changer for Africa

How Can Tech Companies Connect with Clients in a Post-COVID World?

Four marketing experts discussed the "new norm" at the Finance Magnates Virtua Summit on November 18th.

DeFi & the Future: Does Decentralization Have the power to Change Finance?

Expert commentary from Teana Baker-Taylor, Lex Sokolin, Chen Arad, Stani Kulechov, and Stephen D. Palley.

South Korea Plans to Delay Crypto Income Tax Rule

Korea's National Assembly proposed a delay in the crypto tax rule to push the implementation to January 2022.