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Gold-Based Cryptocurrency to Go Live in the UAE

September 9, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Golden M Group, a firm based in the United Arab Emirates has announced plans to launch Coin M, a gold-backed, distributed ledger technology (DLT) powered virtual currency that would enable high income as well as low income level investors to purchase the crypto asset and double their investment within a...

Apple Magnifying glass looking at cryptocurrency

Apple Could be Joining the Cryptocurrency Bandwagon

September 6, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Apple Inc., the American multinational technology firm in charge of the iPhone, iPad and other high-end devices, has hinted that it’s closely watching cryptocurrency and could join the bandwagon in the near future, according to a CNN report on September 5, 2019. Apple Eyeing Cryptos Despite the fact that one...

Paxful and CoinLogiq to Install Bitcoin ATMs in Colombia

September 6, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Paxful, a peer to peer (P2P) bitcoin marketplace is collaborating with CoinLogiq, a fintech platform that facilitates cost-efficient money transfers globally, to install 20 new Bitcoin ATMs in the Republic of Colombia, reports Bitcoin Magazine on September 5, 2019. Expanding Colombia’s Bitcoin ATM Network Per sources close to the matter,...

Paxos Plants Physical Gold on the Blockchain with PAX Gold (PAXG)

September 6, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Paxos Trust Company, a financial institution regulated by the New York Department of Financial Services (NYDFS), has announced the launch of PAX Gold, a distributed ledger technology (DLT) based cryptocurrency backed by genuine gold. Paxos claims each PAXG token is redeemable for one fine troy ounce of London Good Delivery...

Burundi: Government Bans Bitcoin Trading

September 5, 2019 by Ogwu Osaemezu Emmanuel at Regulation

The government of Burundi has placed a blanket ban on cryptocurrency trading in the state citing a lack of protection for consumers who burn their fingers trading bitcoin (BTC) and other digital assets. The nation now plans to make defaulters pay huge penalties, reports Bloomberg on September 4, 2019. Bitcoin...

Binance Launches Phase Two of Its Lending Program

September 5, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Binance, the largest cryptocurrency exchange in the world by market capitalization, has announced the commencement of the second phase of its lending program, offering users 14-day and 28-day fixed-term lending contracts, according to a blog post on September 3, 2019. Binance Lending Phase 2 Goes Live Following the success of...

MERJ and Jumpstart handshake United States

Jumpstart and MERJ to Offer U.S. Investors Tokenized Securities

September 5, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Jumpstart Securities and Prime Trust have joined forces with MERJ exchange, the official stock exchange of the Republic of Seychelles, to offer accredited investors residing in the United States, tokenized securities, according to a press release on September 4, 2019. New Partners In a bid to make its tokenized asset...

Marshall Islands: Government to Issue SOV State-Backed Crypto

September 5, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

David Paul, Minister of Assistance to the President of the Marshall Islands in an essay on September 4, 2019, revealed that the Marshall Islands is on the verge of issuing its blockchain-based sovereign currency dubbed Marshallese sovereign (SOV). SOV will have a fixed annual supply growth rate of four percent...

Huobi smartphone Acute Angle held to the blockchain sky

Huobi Prime to Launch Whole Network on September 11

September 4, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Huobi cryptocurrency exchange is slated to launch NODE, the native digital token of Whole Network and its blockchain-enabled smartphone, Acute Angle, on September 11, 2019. Per the press release, Huobi Token (HT) holders will be able to purchase the phone with just $515 worth of HT. Huobi to Launch NODE...

Gemini Gives Institutional Investors Fresh Options with Sub-Accounts Feature

September 4, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Gemini, a licensed crypto exchange and custodian owned by the Winklevoss twins, has announced the launch of the Sub-Accounts feature for institutional investors. The feature enables customers to open and manage an unlimited number of accounts under a single master account and earn massive volume-based trading fee discounts, according to...

Travala suitcase headed to Binance Chain BNB checkout gate

Travala.com Eyes Binance Chain Migration, Plans AVA Token Buyback

September 4, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

In a blog post on September 3, 2019, Travala.com, a blockchain-based hotel booking platform, announced that it will be migrating its AVA native altcoin to Binance Chain, a distributed ledger from the stables of Binance crypto exchange. Travala.com also plans to organize regular buyback and burn programs to reduce the...

Israeli Firm Files Patent for Blockchain-Based Cannabis Tracking System

September 3, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Security Matters, a distributed ledger technology (DLT) project headquartered in Israel and listed on the Australian Stock Exchange (ASX) has filed a patent application in the United States for a blockchain solution for tracking the entire cannabis supply chain, reports ZDNet on September 3, 2019. Cannabis on the Blockchain Per...

Dutch man holding dutch paper with Bitcoin Ethereum and Ripple behind it checkbox

Dutch Financial Watchdog to Regulate Cryptocurrencies in Q1 2020

September 3, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

The Netherlands’ central bank, De Nederlandsche Bank (DNB), a member of the European System of Central Banks (ESCB), has announced plans to start regulating bitcoin-linked businesses from January 10, 2020, according to a Reuters report on September 3, 2019. Dutch Authorities to Regulate Cryptos Per sources close to the matter,...

Britain’s HSBC Executes First DLT-Based Letter of Credit

September 3, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

HSBC Bank, one of the biggest financial institutions in the world, has successfully completed its first distributed ledger technology (DLT) powered letter of credit transaction pegged to the Chinese yuan. HSBC Completes Letter of Credit on Voltron Per sources close to the development, HSBC Bank, one of the largest financial...

KBA University of Nicosia blue blockchain education

India and Cyprus Collaborate to Launch DLT Innovation Club

September 2, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

India’s Kerala Blockchain Academy (KBA) has joined forces with the University of Nicosia (UNIC) and Block co, to launch Kerala Blockchain Academy Innovation Club (KBAIC) - Decentralized India Chapter. The initiative is aimed at making it easier for members of KBAIC to get exposed to the revolutionary distributed ledger technology...

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