Financial institutions around the world have shown an appetite for cryptocurrency services, though launching those features has been delayed somewhat. SolarisBank, one of Germany’s fintech firms with a banking license, is planning to introduce cryptocurrency banking solutions. Clients will be able to create a custom retail banking experience. SolarisBank and Cryptocurrency […]
Tag: cryptocurrency
IRS Continues to Crack Down on Cryptocurrency Holders Who Shun Taxes
The IRS is keeping close tabs on cryptocurrency users across the United States. A brand-new compliance campaign has been launched to ensure everyone files their taxes properly when it comes to Bitcoin and altcoins. This new development is not entirely surprising, as there are still plenty of speculators who do […]
Huobi Enters the Australian Cryptocurrency Market With 10 AUD Trading Pairs
Australia is still an integral part of the cryptocurrency ecosystem. Especially considering that it has a somewhat accommodating regulatory ecosystem, the country should not be overlooked. This is why Huobi has decided to expand its presence to Australia, as it now supports AUD trading of ten cryptocurrencies. Huobi Continues to […]
What Is QuantBot?
Providing a personalized cryptocurrency or financial experience has proven to be very difficult. It seems QuantBot may make a big impact in this regard, as it is designed to put a completely different spin on the connections between cryptocurrency and traditional finance. It could prove to be a nifty tool […]
Microsoft Allegedly Stops Accepting Bitcoin Once Again
There have been some concerns involving Microsoft’s acceptance of Bitcoin in recent months. Although the company seemingly still accepts Bitcoin deposits to top up one’s Microsoft account, some Reddit users have run into problems. One company representative even claims this option should have been removed a while ago, and that […]
Dash Continues to Pave the Way for Cryptocurrency Adoption in Venezuela
Venezuela is a country which makes a lot of headlines, though not for the right reasons. Cryptocurrency has slowly begun making an impact in this country, even though it remains to be seen how successful all of these efforts will be. For the Dash team, Venezuela will remain an important […]
5 Ways to Accelerate Financial Inclusion Through Technology
One of the main ways of reducing poverty is through financial inclusion. As of last year, an estimated 1.7 billion adults around the world still remain unbanked. This means that they have no access to a savings account, credit, or any type of financial services. In a world where our […]
Switzerland’s Stock Exchange Will Offer Cryptocurrency Services in Early 2019
Financial service providers have shown an increasing interest in cryptocurrency. Multiple banks are mulling the idea of setting up cryptocurrency trading desks. Doing so will take a lot of time and effort. In Switzerland, the domestic stock exchange and a digital exchange are set to offer cryptocurrency-related services. Switzerland Continues […]
Cryptocurrency Money Laundering Is a Booming Industry Despite Lack of Anonymity
Numerous connections have been drawn between cryptocurrency and money laundering. It is a worrisome trend, yet one that seemingly will not end anytime soon. A new report by CipherTrace shows that money laundering activity involving cryptocurrency will only continue to increase. Criminals Still Favor Cryptocurrency Proceeds On paper, there is […]
Coinbase Custody Notes Initial Interest From Hedge Funds and Family Offices
It would appear Coinbase’s custody service is already attracting a lot of positive attention. More specifically, the new custodial service piqued the interest of at least 10 hedge funds and family offices. This further confirms the growing demand for exposure to cryptocurrencies in general, which could lead to more positive […]
Swiss Regulators Aim to Give Crypto Firms Better Access to Financial Services
Switzerland is attempting to position itself as a hub for cryptocurrency activity. Surprisingly, it seems the country’s policymakers are intent on bridging the gap between cryptocurrency and traditional banking. Depending on how the current situation evolves, cryptocurrency firms may soon have full access to traditional banking services. Switzerland Embraces Cryptocurrency […]
10% of Millennials Are Selling Crypto to Afford Their First Home: $2B Real Estate Firm
According to Redfin, a multi-billion dollar real estate company listed on Nasdaq, 10 percent of millennials have sold their crypto holdings to afford their first home. Breakdown of Millennials’ Investment Strategies In March of this year, Redfin surveyed 2,000 US residents to understand the perspectives and concerns of both millennials […]
Why Kakao, Korea’s Biggest Internet Firm, Was Forced to Pivot From ICO to DApp
Line and Kakao, two of the largest messaging applications in Asia alongside WeChat, with more than 90 percent of the market share in Japan and South Korea respectively, are battling for dominance in the blockchain sector with unique partnerships and decentralized applications. Last week, Line, a Japanese messaging app that […]
Complicated Buying Process Continues to Hold Cryptocurrency Adoption Back
Cryptocurrencies remain an interesting yet confusing financial product. Their volatility is both attractive and scary at the same time. Obtaining Bitcoin or altcoins remains one of the biggest challenges to date. There is a good reason why so many people don’t own cryptocurrency, as buying it makes little sense to […]
Cryptocurrency Price Declines Are Trivial Compared to Venezuela’s Financial Woes
The financial situation in Venezuela looks anything but impressive. Financial hardship has become the new normal in this part of the world. It is still believed cryptocurrency will have a positive impact, although it may not be in the form of Bitcoin or even the Petro. Instead, it appears Nano […]
New Research Says Crypto Prices Are Being Manipulated
If there’s one constant about cryptocurrency, it’s volatility. Many people wonder if it’s possible to track the things that cause price fluctuations, asserting that if they could, making the all-important decision about when — or if — to invest would be more straightforward. According to a research paper about Bitcoin […]
Cryptojacking Is Still a Booming Business, McAfee Labs Report Confirms
Developers of malicious software have shown a great aptitude for cryptocurrency integration. This has become painfully obvious due to the recent malware and ransomware trend. In this day and age, most criminals are interested in cryptojacking, which still remains a very profitable venture. A new McAfee security report shows how […]
Bitcoin Price Watch: Currency Remains At $6,300
At press time, the father of cryptocurrency is standing its ground at $6,300. The past two weeks have been a series of up-and-down dilemmas as bitcoin has fallen to $6,200, then $6,100, then down to $5,800, putting many investors in a state of terrible unease. Its sudden spike to the […]