#adoption

TokenPay and Litecoin Foundation Acquire 9.9 Percent Stake in German Bank

July 13, 2018 by Shaurya Malwa at Adoption, Altcoins, Blockchain, Business, Finance, Investment, News

On July 10, 2018, Swiss cryptocurrency company TokenPay, in partnership with the Litecoin Foundation, acquired a 9.9 percent stake in Germany’s WEGBank AG with an option to purchase 90 percent of the latter’s business following relevant regulatory approvals. Augmenting Cryptocurrency Usage Announced on TokenPay’s blog, the blockchain development company detailed...

July 13, 2018 by Shaurya Malwa at Adoption, Business, Exchange, News

Data collated from Google Trends and PlayStore indicates the waning popularity of several cryptocurrency services including wallets and exchanges. In this regard, San Francisco-based Coinbase has seemingly taken the biggest hit according to reports on July 10, 2018. Falling Bitcoin Prices = Falling App Downloads As reported by Quartz, Coinbase,...

Cryptocurrency-Powered Intellectual Property May Change how Companies Earn Money

July 12, 2018 by Shaurya Malwa at Adoption, Blockchain, Business, Finance, News, Tech

Startups are jumping on the idea of tokenizing intellectual property rights, and it might be time to get excited about it. Tokenizing Intellectual Property The burgeoning blockchain technology could usher in massive changes in the way that startups license, buy, and sell intellectual property, courtesy the immutability and tokenization functions...

Bank Melli Iran Confirms Blockchain and Cryptocurrency Investments

July 10, 2018 by John Iadeluca at Adoption, Blockchain, News, Regulation, Tech

Iran has maintained its optimistic stance on blockchain technology and cryptocurrency. In an announcement in July 2018, through its recent report that its commercial banking sector affiliate "SIC," the country announced it would lead a new research sector focused on the "fourth industrial revolution," compromising of technologies such as artificial intelligence,...

Crypto-Friendly Philippines Central Bank Approve two Cryptocurrency Exchanges

July 10, 2018 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Bitcoin, Exchange, Finance, News, Regulation

Acknowledging the potential of digital currencies to drive accelerated and cost-effective transactions, Bangko Sentral ng Pilipinas (BSP), the Central Bank of the Philippines, has approved two new cryptocurrency exchanges, according to a Business World report. Getting the Green Light The BSP Deputy Governor Chuchi Fonacier indicated that the exchanges Virtual...

Bittrex Partners with Invest.com to Offer Cryptocurrency Trading Services in the European Union

July 9, 2018 by Shaurya Malwa at Adoption, Altcoins, Bitcoin, Business, Exchange, Finance, News, Tech

Seattle-based cryptocurrency exchange Bittrex announced on July 3, 2018, its partnership with invest.com to launch a trading business in the European Union (EU). Strategic Collaboration As per a Finance Magnates report, the entity will initially be available for investors only in the EU region. Interested parties can currently access the...

A world map displays cryptocurrencies in different jurisdictions as we examine ICO regulations globally

AML and KYC the Correct Tools for Widespread Cryptocurrency Acceptance

July 8, 2018 by Shaurya Malwa at Altcoins, Bitcoin, Blockchain, Finance, News, Regulation, Tech

Strict Anti-Money Laundering (AML) and Know-Your-Customer (KYC) laws need to be enforced for financial regulators and banks to consider cryptocurrencies as a legal tender, observes the Payments Source. Anonymity: A Boon or Bane? While cryptocurrencies have anonymity at the center of their ethos, several countries consider the lack of identity...

Status Announces Partnership with OmiseGo to Propel Cross-Chain Transactions and Financial Inclusivity

July 7, 2018 by Shaurya Malwa at Altcoins, Blockchain, Ethereum, Finance, News, Tech

Ethereum-based payments platform Status announced a partnership with financial solutions-provider OmiseGO (OMG) on July 6, 2018. The partnership will see Status integrate the latter’s decentralized exchange (DEX) within its chat application to enable interoperability and transactions for participants. Increasing Financial Inclusivity Status (SNT) was founded in 2017 and boasts of...

two hands touching a blue blockchain block

Business Applications of Public and Private Blockchains

July 7, 2018 by Crypto Advocate at Blockchain, Business, Cryptocyclopedia, Tech

While the increasing number of conferences are evidence of the growing number of use cases for blockchain technology, the key is understanding whether or not the innovation can actually help your company run more efficiently. One must first understand how a blockchain operates, and then they can learn how this...

Get Your Own “BitConnect Guy” Figurine, Bitcoin Cash Toilet Paper and more at Moonstuff

July 7, 2018 by Robert DeVoe at Altcoins, Bitcoin, Business, Ethereum, News, Tech

A quirky Lightning Network powered gift shop and novelty store called Moonstuff has just gone live. The site boasts a handful of clever objects that could make any cryptocurrency fan the envy of their office. Prices for the objects are pretty high, but they certainly are unique. Join us as...

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