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The Iranian Cabinet of Ministers ratified the bill, according to which trade in cryptocurrencies and their exchange are illegal in the country, despite the fact that mining has recently been recognized as an industrial activity. It is reported by the local news agency PressTV. The law says that cryptocurrencies are not legal tender, and the central bank of Iran will not guarantee their value. In addition, the official […]

MasterCard has opened a number of vacancies for the development of the cryptocurrency direction. This is reported by The Block, citing the official website of MasterCard. In particular, the company is looking for two leaders in the areas of “Product Development and Innovation – the Architect of Blockchain Solutions”, “Product Management – Cryptocurrency / Wallets”, as well as the Vice President of Blockchain Product Management. According to information published on the site, new employees will work with […]

The credit card from Apple, which is being worked on together with the investment bank Goldman Sachs, cannot be used to buy cryptocurrencies. This is stated in the text of the user agreement on the bank website. So, Apple Card may not be used to receive loans in cash and cash equivalents. These include, in particular, travelers checks, foreign and […]

During the past months, at least six top managers, including the head of the division, Daniel Matuszewski, left the OTC-platform Circle Trade, reports The Block. So, Matushevsky said he intends to take advantage of "a fundamentally new opportunity in the cryptocurrency industry," although he did not specify what this was about. At the same time, he will continue to work with Circle “on the other side” of trade deals. In the past, he was […]

Analytical firm Elliptic, employees of the Massachusetts Institute of Technology (MIT), and IBM corporation used methods to determine the share of criminal transactions related to the Bitcoin network. So, the researchers studied 203,769 transactions, the total cost of which amounted to about $ 6 billion. It turned out that only 2% of these transfers are related to illegal activities. The share of "net transactions" is 21%, and […]

The cryptocurrency platform Bakkt acquired the developer of custodial solutions DACC for $ 11 million. This follows from the analysis of the financial report of the parent company Intercontinental Exchange (ICE) for the second quarter, reports The Block. So, on the eighth page of the document the amount that ICE spent on the purchases of other companies over the course of six months is indicated – it amounted to $ 352 million. However, the report said that […]

The second largest money transfer system in the world, MoneyGram, began using the xRapid product from California-based Fintech startup Ripple to make cross-border payments. This was announced by MoneyGram CEO Alex Holmes in a corporate call for the second quarter. Q2 2019 MGI Earnings Webcast_vFinal by ForkLog on Scribd So, the first xRapid transactions took place last week, but the company […]

The leading manufacturer of Bitcoin mining equipment Bitmain suffered losses in the first two months of 2019 totaling $ 625 million. Nevertheless, the company expects that high demand for new 7-nm devices will allow it to finish the year with positive results, writes Cryptoglobe with reference to local media. So, according to WeMedia, with cumulative operating income […]