crypto trading

The Money Roundup: Making Cents of Blockchain Fundraising News

<div class=”featured_image_container”> </div> <strong>From crypto trading to defi, the most exciting areas in blockchain fintech development and innovation are attracting serious investments from all industry corners. To introduce more tools and complementary services to the ecosystem, the recipients of these capital allocations are endeavoring to promote greater adoption by removing many existing participation obstacles and …

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Central Bank of Nigeria Denies It Has Placed New Restrictions on Cryptocurrencies — Uses Debunked Claims to Justify New Directive

<div class=”featured_image_container”> </div> <strong>Following the outcry over the Central Bank of Nigeria’s latest directive that targets cryptocurrencies, the institution has reaffirmed its stance with another statement. In the latest five-page document, the CBN insists that this directive is intended to protect the country’s financial system from the “risks” that are associated with cryptocurrencies. </strong> Debunked …

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Okcoin and Coinbase to Halt XRP Trading Due to the US SEC Lawsuit Against Ripple

<div class=”featured_image_container”> </div> <strong>Two major cryptocurrency exchanges joined the <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/XRP” target=”_blank” rel=”noopener noreferrer”>XRP</a> trading suspension campaign in the wake of the U.S. Securities and Exchange Commission (SEC) lawsuit filed against Ripple Labs on December 22, 2020.</strong> Two Major Crypto Exchanges to Suspend XRP Trading in January 2021 The last week of 2020 started …

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Central Bank of Iran Official Says Cryptocurrencies Have ‘Made No Contribution to Bypassing Sanctions’

<div class=”featured_image_container”> </div> <strong>An official with the Central Bank of Iran (CBI) has claimed that cryptocurrencies have played no significant role in Iran’s sanction hit economy. According to Mohammadreza Mani Yekta, the deputy head of CBI’s office for payment systems, “studies” have shown that digital currencies have “made no contribution to bypassing the sanctions.” </strong> …

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German Stock Exchange’s Crypto Trading App Surpasses $1 Billion Volume This Year

<div class=”featured_image_container”> </div> <strong>Cryptocurrency trading on the app provided by Germany’s second-largest stock exchange, Boerse Stuttgart, has hit record volumes. One billion euros in cryptocurrencies have been traded on the exchange’s crypto trading app, Bison, so far this year.</strong> 1 Billion Euros Crypto Trading Volume Germany’s second-largest stock exchange, Boerse Stuttgart, announced Monday that its …

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South African Regulator Pressures Bitcoin Investment Company, Urges Clients to Request Refunds

An embattled bitcoin investment company, Mirror Trading International (MTI)’s troubles took another twist August 18 after the South African regulator, Financial Sector Conduct Authority (FSCA) said that it is investigating the investment company. MTI’s latest conflict with the regulator follows the cease and desist order issued against it by the Texas States Securities Board (TSSB) …

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Government-Owned Swiss Bank Launching Crypto Trading and Custody Services

Basler Kantonalbank (BKB), Switzerland’s eighth-largest bank, is getting into crypto through its subsidiary, Bank Cler. Owned by the Swiss Canton of Basel-City, BKB has total assets of approximately $49 billion. Swiss Canton Bank Launching Crypto Services Local Swiss government-owned commercial bank BKB will be offering cryptocurrency services through Bank Cler, the bank told Citywire Switzerland …

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