Blockchain & Crypto Archives - Page 52 of 298

Thailand Plans to Mandate Income Proof for Crypto Traders

February 25, 2021

With the spike in the retail demand for cryptocurrency investments, Thailand is considering to impose new rules under which traders need to prove their income and assets before opening an account with a crypt...

North America’s First Bitcoin ETF Surpasses $500 Million in AUM

February 24, 2021

The Purpose Bitcoin ETF, managed by Purpose Investments, has seen its total assets under management surpass the $500 million mark this week as inflows from institutional investors appeared to be unaffected by...

ARK Invest CEO Cathie Wood Is ‘Very Positive on Bitcoin, Very Happy to See a Healthy Correction’

February 24, 2021

On Tuesday (February 23), Catherine Wood, Founder, CIO, and CEO at ARK Investment Management, LLC (aka “ARK” or “ARK Invest”), talked about Bitcoin during an interview on Bloomberg TV. She said: “We’re very...

Square Buys Another $170 Million of Bitcoin, CFO Says $BTC Could Become ‘Native Currency of the Internet’

February 24, 2021

On Tuesday (February 23), FinTech firm Square (NYSE: SQ) disclosed that it had invested another $170 million in Bitcoin. Square was founded in February 2009, i.e. it is 11 years old, just like Bitcoin (BTC)....

MoneyGram Says It ‘Has Suspended Trading on Ripple’s Platform’

February 23, 2021

On Monday (February 22), MoneyGram International, Inc. (NASDAQ: MGI), made an important announcement regarding its partnership with Ripple Labs. Californian FinTech company Ripple announced on 17 June 2019 t...

Thailand to Target Cryptocurrency Holders in Plan to Revive Tourism Sector

February 23, 2021

The Tourism Authority of Thailand (TAT) is set to target cryptocurrency holders in a bid to revive the country’s tourism sector, which was heavily affected by the COVID-19 pandemic. According to the Bangkok ...

SushiSwap Gains Ground on Uniswap as SUSHI Token Lags Behind

February 23, 2021

Decentralized exchange SushiSwap has managed to gain ground on UniSwap as the top two decentralized exchanges leading the DeFi bull rally. Despite getting off to a controversial start, involving creator Chef...

eToro Down as Crypto Markets Plummet

February 23, 2021

eToro, the Israeli-based broker, is once again experiencing technical difficulties which have seen its trading platform down for more than four hours at the time of press. Whilst the crypto markets are exper...

Cryptocurrency Market Loses $200 Billion in 24 Hours

February 23, 2021

The cryptocurrency market lost more than $200 billion in just 24 hours after the panic among retail traders caused a crash in Bitcoin and Ethereum. The world’s largest crypto asset, Bitcoin dropped below $49,...

Chinese Central Bank, Others to Test CBDC-Based Cross-Border Payments

February 23, 2021

The Digital Currency Institute, the People’s Bank of China’s digital currency wing, and the central bank of the United Arab Emirates have joined other Asian monetary regulators in a central bank digital curre...