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Binance CEO Changpeng “CZ” Zhao jumped on Periscope yesterday to conduct his first live Q&A, fielding questions from the crypto community. While there was significant focus on Binance’s upcoming decentralized exchange, perhaps the most notable aspect of the Periscope Q&A was when CZ revealed that he is interested in a partnership with Ripple to use its cross-border payment platform, xRapid. “We’re […]
Despite the initial intention behind the creation of Bitcoin (BTC), the cryptocurrency movement has become increasingly reliant on adoption by big-name financial institutions to further drive the bullish thesis. With the impending launch of institutional products like the Bakkt futures exchange, many retail investors believe the next big wave of adoption could happen at any […]
Credit card giant Visa Inc. is acquiring British payments firm Earthport for $ 250.6 million. Earthport — which provides cross-border payment services to banks and businesses — has been partners with Ripple, the blockchain-based payment network, since 2015. Under the merger, Visa paid four times Earthport’s closing stock price on December 26, Reuters reported. Visa was interested in acquiring Earthport
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Crypto-backed loan platform Nexo (NEXO) recently announced that TrueUSD (TUSD), a dollar-pegged stablecoin, has selected the project as its official lending partner. TrueUSD selects Nexo as its official lending partner. As a result of our strategic partnership with @TrustToken, TrueUSD has become the latest collateral option (with a 95% loan-to-value ratio) and repayment method for our instant […]
Aiming to create an SEC and FINRA-compliant U.S. exchange, blockchain-based crowdfunding firm seriesOne and crypto exchange Bithumb have formed a joint venture. According to an announcement made on November 1, 2018, officials behind the venture look to trade security tokens within a “compliant marketplace” and within the context of “other applicable regulatory approvals.”
For South Korea-based Bithumb, the venture provides the exchange with new expertise around U.S. regulation. seriesOne, a company created by finance industry veterans in the tech, investment banking, venture capital and compliance sectors, operates a U.S. platform for initial security token offerings compliant with SEC exemptions like Reg CF and Regulation D.
Medici Ventures is a wholly owned subsidiary of Overstock, one of the most cryptocurrency friendly businesses in the world, whose CEO has frequently promoted the use of bitcoin and other cryptos. Medici is specifically geared toward blockchain businesses, development, and technology, and on Thursday it signed a second Memorandum of Understanding with the Rwandan Government
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Abu Dhabi Ports has partnered with its Belgian counterpart to begin a blockchain-powered supply chain pilot project, the company revealed in a press release. Silsal, as the project is titled, uses an electronic blockchain ledger system to provide full cargo visibility and streamline trade flows and supply chains. If tested successfully, the Silsal project expects to automate the
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Mike Novogratz thinks Bitcoin’s long-awaited institutional investor pile-in will happen by Q2 2019 as his Galaxy Digital tests Fidelity Investments’ new custody solution.
Custody Opens Road To Influx In ‘Q1/Q2’ 2019
Speaking to Bloomberg October 15, the infamously bullish Novogratz said that while Bitcoin market maturity was taking “a little longer than you hoped it would,” the advent of custody improvements like Fidelity’s would ultimately facilitate institutional onboarding.
“It’s not going to happen overnight,” the former Goldman Sachs partner told the publication.
On Oct. 6, Larry Cermak, former editor at Diar and head analyst at The Block, reported that leading crypto exchange Bitfinex obtained a banking partner in HSBC, a $ 133 billion banking giant based in London. “Bitfinex is now banking with HSBC through a private account of Global Trading Solutions. Very good fit if you ask
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BitPesa, a digital treasury management solution that leverages blockchain settlement to lower the cost and improve the speed of payments to and from frontier markets, has teamed with SBI Remit, Japan’s largest remittance service provider, to make it easier for Africans to buy Japanese products. The two firms are leveraging blockchain technology to reduce
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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. The world-leading digital asset exchange OKEx has recently launched its Partner Exchange Program, which not only offers an opportunity for the far-sighted teams to own a world’s leading
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The Central Bank of Curacao and Sint Maarten (CBCS) has announced a partnership with blockchain technology firm Bitt aimed at exploring the issuance of a digital currency for Curacao and Sint Maarten island nations. Per the chief executive of Bitt, Rawdon Adams, a digital currency will be especially relevant to the two countries, which are
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Tel Aviv-based multi-asset global investment platform eToro has entered into a historic partnership with seven Premier League football clubs, which will make payments to their players in Bitcoins.
When Bitcoin Comes To The World of Football
The seven Premier League clubs who have agreed to set up a digital wallet with eToro include Brighton & Hove Albion F.C., Cardiff City F.C., Crystal Palace F.C., Leicester City F.C., Newcastle United F.C., Southampton F.C., and Tottenham Hotspur F.C.
As a part of the deal, team players will be made payments in bitcoins through eToro digital wallets.
Chinese exchange Huobi and its partners are launching cryptocurrency exchanges in five regions: the Philippines, Russia, Taiwan, Indonesia, and Canada. Partners “share Huobi’s order integration system, wallet system, asset management and clearing systems.” The exchange in Manila has launched with trading in three markets with over 40 trading pairs.
Five Partners, Five New Exchanges
Chinese digital asset and service provider Huobi has announced that it has chosen five partners to launch cryptocurrency exchanges in five regions.
This week Bitcoin Cash (BCH) proponents will be pleased to hear that more merchants can now accept bitcoin cash due to the crypto-payment processing firm Bitpay announcing a few strategic partnerships this week. The first announcement stems from the subscription television channel provider, Dish, who announced on August 9th that BCH is now accepted as a payment option after collaborating with Bitpay. Further Bitpay joined forces with the firm Flow.io and BCH payments can be used with global cross-border e-commerce platform on more than 60 different payment methods across 200 countries.
Also read: Philippines Building Crypto Valley of Asia
Sportsbet.io, a bitcoin-led sportsbook, has agreed a deal with football app All Football, that will see the operator accept bets in All Football’s dedicated cryptocurrency, SOC coin. Now, the app’s users will be able to use the SOC coins, which they either won or bought within the All Football app, to wager on Sportsbet.io.
The All Football app provides the latest news and statistics from the world of football to an global audience of over five million international users, just on its English-language version. Featured in the top 10 applications in its category in more than 30 countries, All Football has recently announcing Argentina star Sergio ‘Kun’ Aguero and Belgium star Eden Hazard as official ambassadors.