Within a few days of imposing restrictions on buying the U.S. dollar, the Central Bank of Argentina has now imposed restrictions to buy Bitcoin and cryptocurrencies with credit cards or debit cards.
- November 2, 2019
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The central bank of Argentina has imposed further restrictions for citizens to buy the U.S. dollar. Earlier individuals had a limit to buy $10,000 per month. The fear of Argentina Peso nearing to the edge of hyperinflation, citizens have been hedging Peso with a stable foreign currency, mostly U.S. Dollar....
- October 29, 2019
Canaan Inc, the second-largest manufacturer of Bitcoin mining machines with a 21.9% market share in H1 2019 filed for a U.S. IPO (Initial Public Offering). According to the filing, the company plans to target $400 million of capital raise and list on Nasdaq Global Market under the symbol ‘CAN’. Proceeds from...
- October 29, 2019
The Standing Committee of China National People Congress voted on Oct 26 to pass cryptography law, which will go into effect on Jan 1, 2020. The new law focuses on the regulation of cryptography-based password management and practices to follow for products and services that use cryptography encryption for protecting...
- October 26, 2019
China’s President Xi Jinping said China should take a leading position in the development, research, and investment in blockchain technology. He made the remarks in the 18th Political Bureau of the Central Committee held on Oct 24, 2019. Addressing the committee, Xi Jinping stresses that it is necessary to promote...
- October 26, 2019
EY announced today the launch of EY OpsChain Public Finance Manager, a blockchain-enabled solution to help governments improve the management of public funds. Built on EY’s native blockchain EY OpsChain, the platform helps to provide accountability and clarity into how public monies are spent and results delivered. In addition to...
- October 16, 2019
PayPal withdraws its application from Facebook’s Libra association, a group of members to oversee the governance of Libra network. Since the announcement of Facebook’s Libra project, policymakers around the world have backlash the project claiming that it could risk destabilizing the monetary system. Addressing the rumors, a PayPal spokesperson said...
- October 5, 2019
Block.One, the company building EOSIO, announced today a settlement with U.S. Securities and the Exchange Commission (SEC) for an unregistered sale of EOS tokens. Block.one will pay a one-time fine of US$24 million. Additionally, the SEC has also granted Block.one with an important waiver so that Block.one will not be...
- October 1, 2019
After a year of wait, Bakkt, the first to get regulatory approval for trading Bitcoin futures went live on September 23. Bakkt which many see as a gateway for Bitcoin widespread adoption, so far the volume shows little interest from institutional investors. Bakkt Bitcoin futures contract volume in the first...
- September 29, 2019
Binance, the leading global cryptocurrency exchange launched this year Binance DEX, a decentralized exchange built on Binance Chain. The platform uses Delegated Byzantine Fault Tolerance (dBFT) as its consensus mechanism. It has 11 pre-selected validators who produce blocks and ensures the stability of the network. Given the popularity of Binance...
- September 7, 2019
