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Canadian crypto asset broker Voyager Digital Ltd has started trading its shares on the Toronto Ventures Exchange (TSX.V). The company listed through a reverse takeover of mineral exploration company UC Resources. Voyager argues that going public will help to improve transparency in the crypto market while promoting adoption by allowing traditional investors to tap into digital assets through the public equity market.
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SatoshiPay, a startup that offers a frictionless micropayment solution to help digital publishers monetize content on the Stellar (XLM) blockchain, has partnered with Axel Springer, one of the largest digital publishers in Europe, to monetize Axel Springer content. 📢 We are happy to announce our cooperation with Axel Springer, Europe’s largest digital publishing house! @axelspringer […]
Writing for Market Watch Tuesday, Aaron Hankin asserts that Bitcoin’s price plunge along with the NASDAQ and other equities benchmarks in Q4 2018 proves Bitcoin is more like a tech stock than digital gold as some Bitcoin proponents have characterized it. Typically when soft assets like stocks and bonds are in free fall, investors’ money flees into hard assets like precious metals for shelter from the market turbulence. That’s exactly what happened with gold in Q4 2018. As Wall Street crashed and burned, the spot price of gold was buoyed by investors looking for relief from the hemorrhaging. If Bitcoin
The Marshall Islands will soon circulate physical banknotes representing the world’s first decentralized national digital currency. This is happening under an agreement with Tangem, a Swiss maker of blockchain-enabled smart card wallets for cryptocurrencies. “We are excited to partner with the Republic of the Marshall Islands to do something that has never been done before: issue a digital currency as official legal tender,” Tangem co-founder Andrey Kurennykh gushed in a statement. Smart Card with Microchip and NFC Antenna The physical banknotes will take the form of a smart card powered by a blockchain-enabled microprocessor. Tangem says its technology enables users to
Saudi Arabia and the United Arab Emirates are hoping a shared digital currency can cut remittance costs between the two countries.
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. VELIC is a security-focused comprehensive financial service platform that delivers wide a range of advanced crypto-financial products and services and plans to provide a multitude of services are not just in commercial banking, but also investment banking service in the digital
Despite its own difficulties in recent months, cryptocurrency-focused merchant bank Galaxy Digital LP (GLXY) is reportedly in the process of raising a $ 250 million fund to provide loans to struggling cryptocurrency firms. According to a recent report by Business Insider that cites insiders familiar with the matter, Galaxy Digital plans to offer loans to crypto companies in return for collateral including […]
By CCN.com: Circle CEO Jeremy Allaire says humanity can’t survive the digital age without crypto because its decentralized nature and resiliency make it indispensable. Allaire made the remarks at the 2019 World Economic Forum in Davos, Switzerland. Allaire says cryptocurrency skeptics are merely that way because they’re unfamiliar with the new technology. ‘Cryptography is Fundamental to the
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This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
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A survey commissioned by the bank of central banks, the Bank of International Settlements, has disclosed that even though Central Bank Digital Currencies (CBDC) are being researched by a big number of reserve banks, the work is mostly conceptual. Consequently, only a handful of them have any intentions of issuing a CBDC in the near
The post 70% of Central Banks are Working on Digital Currencies, No Hurry to Issue Them: BIS appeared first on CCN
Bitcoin tanked in 2018, but the future of cryptocurrencies remains bright because you can’t stop progress. That’s the assessment of Travis Scher, a vice president at crypto investment firm Digital Currency Group. “2019 will be volatile, entertaining, and full of surprises,” Scher wrote in a Medium post. “But I am confident that the stress caused by the 2018 crash
The post Here’s Why Bitcoin’s Future is so Bright: Digital Currency Group Exec appeared first on CCN
Plans to issue a state-backed cryptocurrency in India have stalled, months after the country’s central bank gave indications that it was considering the idea. According to The Hindu Business Line, the government is no longer interested in the state-backed digital rupee. Citing a source, the report by the publication indicated that the idea of a
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Former Goldman Sachs Partner Michael Novogratz has reportedly doubled down on his initial investment in the cryptocurrency-focused merchant bank Galaxy Digital LP (GLXY). According to a recent report by Bloomberg, Novogratz, who founded Galaxy Digital and currently serves as its CEO, now owns 221.2 million ordinary shares, representing 79.3% of the company. As revealed in a recent filing, Novogratz acquired 7.5 million ordinary […]
Her Majesty’s Revenue and Customs, the tax agency for the United Kingdom, has released a set of guidelines that are to guide crypto investors on how to make tax payments and how they should see their digital assets. The updated guidelines were drafted to help token holders to meet their taxation obligations by bringing clarity
Tether (USDT), the world’s largest stablecoin, has officially passed Stellar (XLM) in market cap to become the fourth-largest digital asset with a market cap of $ 1.86 billion. USDT has risen in the rankings throughout the 2018 bear market that caused the majority of non-price-pegged cryptocurrencies and tokens to lose around 90% of their value. Back in October, […]
Leading retail brokerage firm TD Ameritrade (AMTD) is apparently “exploring” Ripple’s XRP, among other cryptocurrencies, according to a tweet from earlier this week. Glad you’re enjoying our content! We’re still exploring the #XRP space – stay tuned for more information. Our team is working hard to make things like this happen. — TD Ameritrade Network (@TDANetwork) December […]
This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Membrana, the blockchain platform for digital asset management, has announced the start of its highly anticipated public Token Generation Event (TGE). The event seeks to put the power
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