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Crypto news

Breaking news headlines about Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and blockchain technology.

Crypto news

​Bitcoin will not be located in the Chicago Business Group

​Bitcoin will not be located in the Chicago Business Group

09:29 am 2019-10-02

The Chicago Mercantile Exchange Group has no current plans to launch the already settled Bitcoin (BTC) contracts, a senior executive said. Tim McCourt, global head of equity and alternative investment products at CME Group, told MarketsMedia on October 1 that all new contracts or products are driven by customer demand. CME has been trading BTC futures since December 2017 and has recently unveiled plans to launch options in the first quarter of 2020, pending regulatory review. Current Bitcoin futures are settled in cash. "The first demand from customers was for choices in our future" since the…

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Crypto Libra finds a new welcome in Switzerland

Crypto Libra finds a new welcome in Switzerland

09:08 am 2019-10-02

While European regulators are sending alarming signals to Crypto Libra announced by the world-famous social networking site Facebook in mid-June this year, Switzerland is still ready to listen. "We are not here to make such projects impossible," said Mark Branson, CEO of the Swiss Financial Market Supervisory Authority (FINMA), on Tuesday evening, Reuters reported. Speaking to Bloomberg in Zurich, Branson said: "We will respond to them with an open mind, in a situation where the same risks require the same rules." The statement follows French Minister of Economy and Finance Bruno Le Meyer's condemnation of the…

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Digital Currnecy is an official payment method in Venezuela

Digital Currnecy is an official payment method in Venezuela

12:27 pm 2019-10-01

  Venezuelan President Nicolas Maduro has said the country's government will activate the Digital Currnecy payment method for citizens "very soon," Bloomberg reported on Tuesday (October 1st). For his part, Maduro, in a television news conference, according to the news site CryptoCurrnecy The Block, that this method will enable the new tools "free national and international payments" that allows everyone to conduct banking transactions. Maduro continued that Venezuela is working in the world of Digital Currnecy at the moment, pointing out: "The Minister of Finance and the Central Bank of Venezuela have new tools that we…

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Crypto - Revolut partners with Visa

Crypto - Revolut partners with Visa

10:37 am 2019-10-01

Revolut, a UK-based supporter of Crypto has announced a major partnership with Visa to expand its services globally across 24 new markets, including North America. According to a press release released on Monday, September 30, this will lead to 56 markets worldwide reaching Revolut. According to the statement, the terms of the agreement stipulated that Revolut will primarily issue Visa-branded cards as it continues its global expansion. Visa will enable the app to launch services initially in Australia, Brazil, Canada, Japan, New Zealand, Russia, Singapore and the United States. This first group of jurisdictions will be…

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​Cryptocurrency Mining is threatened with collapse in Uzbekistan

​Cryptocurrency Mining is threatened with collapse in Uzbekistan

08:09 am 2019-10-01

The Uzbek Ministry of Energy has introduced a new bill threatening to stifle the Cryptocurrency Mining industry in the Central Asian country. The bill was published last Friday, September 27, which will lead to a sharp increase in energy prices imposed on mining companies - participants in the digital currency industry who use powerful computers to record and secure transactions on blocking chains. The draft law (by translation) states that "to stimulate energy savings, increase the efficiency of energy consumption in industries and the non-commercial sector, and to certify the rational use of electricity", companies working with…

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Blockchain is undergoing legal amendments in Wyoming

Blockchain is undergoing legal amendments in Wyoming

12:37 pm 2019-09-30

The president of the Wyoming Blockchain coalition, Caitlin Long, has hinted at two possible new state laws, which he believes will be very popular among developers and owners of cryptocurrency. In an interview with podcast Peter McCormack, last Friday, September 27, the 22-year-old veteran Wall Street activist and cryptocurrency activist who has already been approved - and planned - in his home country, Wyoming, United States. According to Long, the first two new laws proposed: "No person in Wyoming can be forced into a criminal, civil, administrative, legislative or other hearing, or any other procedure to reveal…

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Cryto Trading Bithumb is facing new difficulties

Cryto Trading Bithumb is facing new difficulties

10:46 am 2019-09-30

Foreign investors are likely to intervene to acquire South Korea-based Cryto Trading Bithumb due to alleged payment difficulties in the current acquisition. BK Global Consortium, a company headed by one of South Korea's top plastic surgeons, concluded a deal in October 2018 to acquire 50% plus one share of BTC Holding Co. Bithumb's operator, the biggest investor - for 400 billion won ($ 352 million). However, a new report from local news agency Yonhap, reported on Monday, September 30, indicated that BK Global is now expected to default on the deal payments, having struggled even in the first…

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Blockchain targets the development agricultural products

Blockchain targets the development agricultural products

10:25 am 2019-09-30

Blockchain technology has entered into many different industrial fields, and in our topic today we talk about the agricultural field and how to develop its own products. Bayer Crop Science has agreed to work with Ant Financial, Alibaba's payment company, to develop a block chain system for monitoring agricultural products. Companies signed a letter of intent to use Blockchain technology to increase efficiency, improve farmers' income, ensure production of high-quality food and help digitize agriculture, according to a September 25 announcement. The agreement will bring together the portfolio of digital papers and technologies at Monheim am…

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Crypto Trading Binance Launches Staking Platform

Crypto Trading Binance Launches Staking Platform

01:21 pm 2019-09-27

Crypto Trading Binance has launched a dedicated platform for Staking trading, the company said in a statement on Thursday (September 26th). The new service will enable Binance users to deposit their symbolic holdings and earn rewards, without having to set up their own contract to achieve minimum amounts and / or lengths of time. In major groups using the Proof-of-Stake (PoS) system - unlike Proof-of-Work (PoW) as in Bitcoin (BTC), nodes in the network involved in blockchain verification, rather than extracting them. The deterministic algorithm determines block verification tools based on the number of tokens that a…

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Digital currency may turn into international reserves in Venezuela

Digital currency may turn into international reserves in Venezuela

04:06 pm 2019-09-26

The Venezuelan central bank is conducting internal tests to determine whether it can add Digital currency, specifically Bitcoin (BTC) and ethereum (ETH), to its international reserves, according to a Bloomberg report. The test was carried out at the request of Petroleos de Venezuela SA (PDVSA), a state-owned oil and natural gas company. PDVSA looks forward to the Venezuelan central bank paying its suppliers on their behalf using some digital currency, especially Bitcoin (BTC) and ethereum (ETH), which it has acquired. Due to US sanctions, PDVSA struggled to do business with its customers and suppliers, as major banks…

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