The UK banking sector sees fintech startups as a “significant threat” to the big players in the industry.
Cryptocurrency exchange Bithumb has won a lawsuit filed against it in South Korea, by a user who was hacked for around $355,000.
According to research conducted by Clovr, 15.8 percent had used cryptocurrencies to send $148 billion remittances from the United States back to their countries in 2017.
Thai’s securities regulator will allow the first Initial Coin Offering (ICO) portal to function from this December according to local news reports.
In his recent interview with the U.S. media outlet, Wei Zhou the CFO of Binance a major cryptocurrency exchange shared his thoughts about the last events that took place in the crypto market during the 2018 year.
With any tech, any industry, any product - there are fluctuations. Whether they’re positive or negative, every market has them. And of course, this can be said for the world of crypto in 2018.
Just a week ago, the Federal Financial Supervision Agency of Germany (BaFin) issued a three-page guide entitled “Warning of uncontrolled investments on the Internet” for investors on how to identify fraudsters. This week it was announced that the German financial regulator has released another document dedicated to the “black market” and the blockchain.
The CEO of distributed ledger technology provider Digital Asset Holdings, Blythe Masters has stepped down after three years running the firm.
Active growth of the crypto market with a number of unsuccessful projects raise a question about the future of the cryptocurrency and blockchain in 2019. Experts claim that in order to have high chances of a long-term role in the market, blockchain applications and crypto assets must provide users with real financial results.
The Brazilian National Social Development Bank is reportedly preparing for issuing its crypto token, which is said to be in parallel with the value of the national currency.
In an escalating step, the financial regulators in Hong Kong intends will tighten their grip on cryptocurrencies, amid news of their intention to put exchanges traders and other pertinent firms under the surveillance of the Securities and Futures Commission, as the media reported today, Dec., 17th.
The speculation on future adoption of Bitcoin BTC drives its price for more than “actual utility”, said the CEO of crypto trading platform BitPay Stephen Pair in an interview with a media outlet recently.