#Crypto-Finance News

PayPal Picks Paxos to Supply Crypto for New Service,

Report: Paxos Chosen As PayPal Partner for Crypto Services Offering

July 20, 2020 by Shaurya Malwa at Bitcoin

Payments giant PayPal has chosen Paxos to handle digital assets for the upcoming (yet unconfirmed) crypto offering, CoinDesk reported Monday. PayPal the Biggest Financial Firm to Onboard Crypto? Coindesk said “two people familiar with the matter” told the publication that PayPal users will soon have access to crypto services; including...

Circle “Blacklists” $100,000 in USDC after Lawmaker’s Request

July 9, 2020 by Shaurya Malwa at Regulation, Stablecoins

Documents from earlier this week showed crypto-finance firm Circle froze a certain USDC address tied to illicit activity, Coindesk reported Thursday. Blocking $100k Circle confirmed the news earlier this week. The so-called Central Consortium blacklisted address - which transferred over $100,000 worth of USDC, at the behest of law enforcement...

Yoga flexible BlockFi Bitcoin Ethereum Laptop

BlockFi Launches Flexible Interest Payments Across BTC, ETH, and Gemini USD

September 6, 2019 by Ashwath Balakrishnan at Bitcoin

Crypto finance startup BlockFi has announced a new product: Interest Payment Flex. Customers holding one asset can have their interest paid out in another asset, allowing them to accrue income in three different assets as per their desires, September 5, 2019. The new feature can be found by navigating through...

Bitcoin Recovers and Finds New Support Above $4,000 Mark: BTCManager’s Week in Review December 3, 2018

December 3, 2018 by Alex Lielacher at Altcoins, Blockchain, Business, Finance, News, Platform, Tech

After two dark red weeks, bitcoin finally managed to recover and gain new support above the $4,000 mark after trading as low as $3,600 in the prior week. The relief rally saw the price of bitcoin bounced back by almost ten percent to close the week at around $4,150. As...

Bank of Israel Publishes a Report On Central Bank Digital Currencies

November 8, 2018 by Cindy Huynh at Altcoins, Blockchain, Business, Exchange, Finance, News, Platform, Tech

The Governor of the Bank of Israel, in November 2017, appointed a team of research analysts to explore the possibility of introducing Central Bank Digital Currencies (CBDC). According to the report, published on November 6, 2018, the team raised many concerns and did not recommend the Bank of Israel to...

XRP-Backed Crypto Loans Now Offered by Nexo

October 25, 2018 by Priyeshu Garg at Altcoins, Blockchain, Finance, Investment, News, Platform, Tech

Cryptocurrency loans startup Nexo has announced that effective immediately, XRP is being added to the platform as a collateral option following the result of a community poll which indicated that more and more users are now holding XRP. In the announcement on its official blog on October 18, 2018, Nexo...

Prepaid Cards for Buying Bitcoin from GetCryptoPoints

October 25, 2018 by Guest Post at Press Releases

Bitcoin gains popularity every day and the number of its owners is growing. In 2017, the rate of the crypto-coin updated the highs almost every month. In 2018 - we are still waiting for the "winter race" and it is coming up. With the growth of the rate, the market...

FXCM Group Unveils Fresh Cryptocurrency Trading Product

FXCM Forex Trading Company now Offers Clients Bitcoin CFDs

October 3, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Finance, News, Tech

Forex Capital Markets (FXCM), a London-based global foreign exchange brokerage has joined the bitcoin bandwagon just like some of its competitors in the forex and financial services industry including Admiral Markets, ICM Capital and others, reported Finance Magnates on October 1, 2018. FXCM Bitcoin CFD According to sources close to the...

Bitcoin-Friendly Bank SEBA Expands to Nine More Countries

Swiss Startup SEBA Raises $103 Million to Build a Cryptocurrency Bank

September 28, 2018 by Cindy Huynh at Bitcoin, Blockchain, Business, Finance, News

Swiss Financial Services Startup Seba Crypto AG, is looking to create a bank that offers cryptocurrency services to corporations while providing traditional banking services to the emerging cryptocurrency and blockchain industry, reported Reuters on September 27, 2018. The Swiss startup recently raised $103 million by some international investors including Black River...

LedgerX Could Be Launching Ethereum Derivatives Soon

September 28, 2018 by Priyeshu Garg at Ethereum, Exchange, Finance, News, Regulation, Tech

Institutional bitcoin derivatives platform LedgerX is reportedly preparing to expand its cryptocurrency product line to include ether, The Block reported on September 24, 2018. LedgerX Ready to Launch Ether Futures Ether, the second largest cryptocurrency in the world by market cap, could soon be available on the LedgerX cryptocurrency derivatives...

BitPesa Brings Bitcoin Liquidity to African Markets

September 26, 2018 by Eric Czuleger at Adoption, Bitcoin, Business, Finance, News

The bitcoin blockchain is now being used to send money to almost a million customers through the Japanese transfer bank SBI Remit and BitPesa. BitPesa's African Push The protocol was generated to become a quicker, more trustworthy way to finance Africa’s often undercapitalized markets. The treasury management services are being...

SEC Delays Bitcoin ETF Again, Despite 99 Percent of the Public Being in Favor

September 22, 2018 by Priyeshu Garg at Bitcoin, Development, News, Regulation

The U.S. Securities and Exchange Commission has once again delayed its decision on the VanEck and Solid X backed exchange-traded fund, looking to invite more feedback, the agency said in a September 20, 2018, filing. More Delays It seems that the wait for an exchange-traded fund that invests in Bitcoin...