Skrill adds 20 new cryptocurrencies to its digital wallet LeapRate

July 13, 2021 BY Steffy Bogdanova

Skrill adds 20 new cryptocurrencies to its digital wallet

Skrill was initially launched in 2018 and since then it has been expanding and strengthening its crypto offering adding new currencies and functionality. Skrill’s crypto services is now available in almost 100 countries. Customers of the digital wallet can make direct crypto-to-crypto currency conversions and set recurring or conditional orders, for example, based on price…

July 06, 2021 BY Alan Sayer

Barclays places block on transfers to Binance for UK customers

Barclays' decision is expected to cause other banks to decide on how they will handle Binance. Both Natwest and Santander have made comments related to crypto exchanges recently, with Natwest taking the decision to decrease the daily limit that customers could make to crypto exchanges. This news from Barclays, as well as the decision by…

Crypto firms in the UK are abandoning their FCA registration

June 30, 2021 BY Steffy Bogdanova

Crypto firms in the UK are dropping out from FCA registration

Since January, crypto asset firms have had to register with the FCA, a measure designed to prevent money laundering and terrorist financing. Regulators across the world have strengthen their oversight on cryotocurrency. They have expressed concerns with crypto assets such as Bitcoin because of its volatility and risk to consumers and potential for money laundering…

BaFin warns about the paradigm shift following Brexit

June 29, 2021 BY Steffy Bogdanova

Coinbase receives crypto license from German regulator BaFin

Coinbase also discussed in its press release the already thriving scene surrounding blockchain and noted that Germany is, in fact, the second-ranking country after the US when measuring the amount of Bitcoin nodes being processed. The announcement revealed that Coinbase Germany GmbH is due to be launched in the next few weeks, intending to serve…

June 22, 2021 BY PureContent

Analysts Summarize Online Crypto Trading Activity for Q1 of 2021

Creative thinking in times of uncertainty In fact, only those trading brands who were able to offer their clients something extra, can now report a successful Q1. On that matter, MrGuru’s spokesperson commented that “the company has found ways to stay ahead of the game, by not trying what all the other trading brands are…

June 18, 2021 BY Steffy Bogdanova

Central banks and regulators assess the possibility of state-run cryptocurrencies

The biggest difference between cryptocurrencies which function via decentralised systems and digital currencies run via central banks would be the fact that those from central banks would have the ability to pay out money to individuals on a direct basis, as the coins would be issued, backed and operated by domestic national banks. This would…

June 17, 2021 BY Steffy Bogdanova

The FCA reports that 2.3 million people now hold crypto

The FCA stated: Enthusiasm for cryptoassets is growing with over half of crypto users saying they have had a positive experience so far and are likely to buy more (rising from 41% to 53%). Fewer people also regret having bought cryptocurrencies, down from 15% to 11%. The research reveals that 1 in 10 of the…

June 10, 2021 BY Steffy Bogdanova

Crypto platform Gemini acquires Shard X to boost speed and security

Shard X's MPC will work in combination with all other aspects of Gemini's custody offering, including role-based governance protocols, multiple layers of biometric access controls, and physical security to safeguard the sensitive key material, safely stored in government-rated hardware security modules (HSMs), that controls customers' assets. Tyler Winklevoss, CEO of Gemini, commented: Integrating MPC technology…

June 10, 2021 BY Steffy Bogdanova

BitMax now offers multilingual services

The company stated: Traders can expect that BitMax will cater to more multilingual crowds soon. The global digital exchange platform BitMax was founded in 2020, with the goal of making crypto trading more accessible to traders, while preserving the highest standards in the field. The brand aims to create an autonomous digital currency platform for…

June 10, 2021 BY Steffy Bogdanova

CAPEX.com adds 12 new cryptocurrencies to its offering

Christina Koullapi, Executive Director at Key Way Investments Ltd, the company operating CAPEX.com under its CySEC regulation, said: With crypto transactions allowed on massive payment platforms such as PayPal and investment banks such as Goldman Sachs or Morgan Stanley offering access to crypto funds for its clients, it was a logical step for us to…

Tag: Crypto