The issuer of the Stablecoin Paxos, in partnership with the Ontology platform, will release up to 100 million PAX tokens tied to the American dollar in a 1: 1 ratio, CoinDesk reports. Stablecoins on the new blockchain will be launched next month. According to representatives of Ontology, these tokens will increase the efficiency of transactions to individuals and business structures. Coin Paxos Standard (PAX) was released in September last year. On […]
Business
In April, the State Duma of the Russian Federation and the Council of the Federation approved a draft law on…
Oriented to institutional investors, the lender Genesis Global Capital, a division within the brokerage company Genesis Global Trading from the business empire of Barry Silbert, processed $ 425 million in cryptocurrency loans in the first quarter of 2019. Since launch in March 2018, a total of $ 1.53 billion has passed through the firm. We’ve been proud of highlight with another huge quarter with over $ 425 […]
Leading European crypto-exchange Bitstamp and South Korean Korbit can become the property of The Walt Disney Company, one of the largest conglomerates of the entertainment industry. It is reported by Bitcoinist, with reference to the Korea Herald. Currently, Disney is one of the main contenders for a 98.6% share of the largest South Korean game maker Nexon. The latter is one of the key assets of the company […]
The Financial Crimes Enforcement Network (FinCEN) first fined a Bitcoin-trader for violating the Banking Secrecy Law (BSA) as part of the peer-to-peer exchange of cryptocurrencies. This is stated in a press release. Thus, California resident Eric Powers was engaged in buying and selling bitcoins for clients, however, he was not registered as a money transfer operator or business owner in the financial services industry. […]
US presidential candidate in the 2020 elections, Andrew Young, has prepared a statement regarding the regulation of the market of…
The business publication Forbes presented a list of companies implementing blockchain technology that operate in the US market and have…
Yandex Network Infrastructure Development Director Alexei Sokolov criticized the technology of filtering Internet traffic from the law on sovereign Runet,…
The frequent guest of the YouTube-channel ForkLog and the convinced Bitcoin-maximalist Ton Weiss may become the second in the last few days a community representative, against whom a lawsuit will be filed for defamation and the dissemination of defamatory information. This time, TokenPay, a provider of payment solutions, was in the role of a probable plaintiff. As an American trader wrote, he previously received from SG TokenPay attorneys […]
Clem Chambers made his forecast for the course of Bitcoin for Forbes magazine. Chambers is the general director of the…