Analytical blockchain start-up Chainalysis in an open letter called on the Financial Action Task Force on Money Laundering (FATF) to refrain from excessive tightening of the regulation of the cryptocurrency industry. In February, FATF proposed to oblige "virtual asset services providers (VASP), which include cryptobirds, to" collect and store necessary and accurate information about the senders and recipients of cryptoactive assets ". According to the organization, […]
Author: BlockchainJournal
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Leading US cryptocurrency company Coinbase announced the launch of a Visa debit card for UK customers. Using the new card, British Coinbase users will be able to pay for goods and services both online and in physical locations, as well as withdraw cash from ATMs. Due to the binding to an account on the main platform, Coinbase Card can be used to calculate Bitcoin and other supported cryptocurrency including Ethereum and litecoin . When performing operations, the Coinbase Card instantly converts cryptocurrencies into Fiat . Card ordering is carried out through an application for Android or iOS . With it,…
According to data submitted to the US Securities and Exchange Commission, the value of assets at the disposal of Polychain Capital, the largest cryptocurrency fund, has slipped by a third in less than a year. As of the end of March of this year, the value of the assets of the fund was $ 591.5 million. This amount is $ 376.3 million less than that indicated in the report filed in August 2018 […]
Although for 10 days since the launch of the audience, the new cryptocurrency VK Coin reached 10 million people, on the night of April 11, mining of coins stopped. Information about this appeared on the page of the general director of the social network Andrei Rogozov, who wrote: “Today we stop mining and fix the current capitalization at 2.8 trillion coins – this is the total number of coins among users. VK Coins can still be transferred to friends or acquaintances via a QR code, as well as spent on various bonuses. ” The CEO added that 1.1 million people…
Australian scientist and entrepreneur Craig Wright, who persistently continues to argue that he is the creator of Bitcoin Satoshi Nakamoto, confirmed his intention to sue Twitter user Hodlonaut with a claim for protection of honor and dignity, and also offered a reward of 5000 Bitcoin SV (about $ 355,000) for information that will help in his identification. Further […]
At the end of 2018, South Korea’s largest Bitcoin exchange Bithumb suffered a net loss of 205.5 billion won (about $ 180 million). It is reported by KoreaTimes with reference to the data of the exchange's operator BTCKorea. For comparison, in 2017, Bithumb announced a profit of 427.2 billion won ($ 375 million) It is noteworthy that sales at the site at the same time […]
The leading US crypto exchange has issued a VISA debit card called Coinbase Card for its UK customers. The card will allow exchange customers to use digital currencies stored on their stock exchange accounts in their daily operations, for example, when paying for goods at point of sale (PoS) or online. This card will be accepted anywhere in the world where there is VISA support. Moreover, customers can even withdraw payments through ATMs. Coinbase works with Paysafe Financial Services Limited to issue payment cards. Coinbase representatives say: To help customers manage their expenses, we also launched the Coinbase Card…
Leading US cryptocurrency company Coinbase announced the launch of a Visa debit card for UK customers. Using the new card, British Coinbase users will be able to pay for goods and services both online and in physical locations, as well as withdraw cash from ATMs. Thanks to linking to accounts on the main platform, the Coinbase Card allows you to use […]
The Coins.ph cryptocurrency wallet provider has announced a partnership with Western Union, which will facilitate the receipt of remittances in the Philippines. According to the statement , thanks to the integration of the two platforms, 5 million clients of blockchain companies in the country will be able to receive both domestic and international money transfers directly into their Coins.ph wallet. “Many Filipino workers from abroad regularly send money home and are always looking for additional remittance options that will allow their loved ones to receive funds. By connecting Coins.ph payment technology with Western Union's extensive global network, we give Filipinos…