AdGate Media is one of the first companies to use BitPay Send. The company can now efficiently and cost effectively pay its affiliates all over the world. AdGate Media connects digital advertisers with users of popular apps and websites that reward users for engagement. AdGate’s President, Dan Sapozhnikov, shared: We have lots of affiliates who…
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Dionko stated: Cryptocurrency for us has always been beyond the asset itself but more on the blockchain technology that underpins it. Bank of Japan, Bank of England and European Central Bank have collaborated on the assessment of a potential digital currency already while China has gone further in testing of its own digital currency. Banque…
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Swissquote agrees with Goldman Sachs that crypto has been used in Ponzi schemes, money laundering and other dark market functions but fiat currencies can also be used for illicit activities. Chris Thomas commented: Banks and enterprises like Swissquote Bank operate to strict AML regulatory levels in both fiat and crypto worlds to prevent such illicit…
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However, Acuti found a growing demand from traditional trading firms to enter the market or expand their coverage to trade more cryptocurrencies. Traditional trading firms that had decided not to trade in digital assets, 97% will consider it again in the next two years or less and 45% are planning to do it in six…
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The cryptocurrency industry may be gaining worldwide recognition from top regulators and financial institutions. The global community, represented at WEF 2020, seems to be warming up to the crypto industry and steps are now taken to shape the sector and help it grow. The 2020 World Economic Forum that took place in Davos announced the…
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Although Facebook is going forward with their cryptocurrency project Libra (although it was delayed several times), some of the project's key members have continued to leave. After Mastercard and PayPal withdrew as members of the Libra Association, Vodafone is the latest member to leave Facebook's cryptocurrency project. The news comes directly from The Libra Association…
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Huobi Group announced that it's expanding into brokerage services that target institutional investors in the cryptocurrency sector. The platform called Huobi Brokerage was unveiled during WEF 2020 in Davos. The new business line will become part of the Group's Global Institutional Business (GIB) that Huobi launched last November to monitor its institution-related businesses. The institution…
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Some celebrities do not waste time when it comes to utilizing cryptocurrencies to the maximum. One example is Akon. The singer is reportedly building a city powered by a coin named after himself - Akoin. According to Business Insider, the singer tweeted that he had finalized an agreement to actually build what is called "Akon…
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The infamous failed ICO of Telegram has sparked controversy in the cryptocurrency industry and how the SEC is involved in regulating the sector. As LeapRate recently reported, after the SEC rejected the GRAM crypto and demanded to see how the raised funds were used by the company, Telegram actually hesitated to give such information to…
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The possibility of a full-blown war between Iran and the United States has triggered a cryptocurrency boom in the Middle Eastern country. The details around the "crypto spring" in Iran come from the Nikkei Asian Review. After the January 3rd killings of the Iranian military commander Quasem Soleimani, Bitcoin's price has increased by 4%, realizing…
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