Crypto News

Two banks granted license by FINMA for cryptocurrency operations in Switzerland

Swiss Financial Market Supervisory Authority (FINMA) granted Seba and Sygnum the first license, which allows them to carry provisional banking. They are also issued with securities license which will enable them to offer improved services investing, lending, deposits, and...

Libra to meet European Central Banks today: What’s going to happen?

Facebook's Libra is having a hard time as they try to convince the government as well as people about their upcoming project and how it can bring a change in the world of digital currencies. In recent news, Facebook's...

US Treasury to start a war on cryptocurrency?

Unite States Treasury Undersecretary Sigal Mandelker believes that cryptocurrencies may never become compliance if a proper system is not put in place. She reckons cryptocurrencies could be the next frontier in the war on terrorism. Mandelker made her speech during the...

Cautious about Libra: Is PayPal worried about getting overhauled?

The online payments platform, PayPal decided to be a part of the upcoming digital currency, Libra. The reason behind this association with Libra is that PayPal has been in the payments industry for more than 20 years now, and...

Santander uses Ethereum to settle a $20 million bond

Spanish banking giant, Santander has become the first institution that issued and settled a $20 million debt using the ERC-20 token representing cash in custody account. This transaction helps in forming a landmark for banking institutions and public blockchains....

Facebook’s Libra launch confirmed: Pushing hard to clear the regulatory hurdles says Perez

Facebook's Libra is hanging by a thread as governments are against the launch of the token while Facebook is still going strong as they try to clear the regulatory hurdles. Recently, the non-profit organization that is backing up Facebook's...

North Korea’s Bitcoin interest increasing as the country holds 2nd Crypto-Blockchain Conference.

North Korea is always under suspicion for being part of some notorious projects or for funding weapons of mass destruction with the help of cryptocurrencies. Recently, an announcement regarding the second cryptocurrency and blockchain conference was made. The conference is...

France to stop development of Facebook’s Libra in Europe

Facebook announced that they'd be entering the crypto world with their cryptocurrency- Libra. Ever since the announcement, Libra has seen resistance from all over the world. The governments, as well as crypto enthusiasts and founders, have been questioning the...

Hong Kong Free Press alleges Bitpay for suspending crypto donations

Founder and Editor-in-chief of crowdfunded media outlet, Honk Kong Free Press, Tom Grundy lashed out on Bitpay. He claimed that crypto exchange has refused to transfer their donation for three weeks without any good reason. Because of the protests,...

UAE based crypto firm Hayvn launches $5m fundraise

Hayvn, a UAE based digital currency platform, has launched a $5 million fund-raise and is ready to move on to the next stage of development. The company aims to offer an improved, well-managed service to its clients all over...

Latest News

ECB official says upcoming CBDC test does not guarantee the eventual launch of digital euro.

A European Central Bank (ECB) official has said the forthcoming central bank digital currency (CBDC) tests at the ECB...