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Crypto news

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

Crypto news

​Coinbase retracts the announcement of regulatory approval on the list of currencies considered as securities

​Coinbase retracts the announcement of regulatory approval on the list of currencies considered as securities

11:08 am 2018-07-18

The digital currency platform, Coinbase, retreated from its previous statement that it had obtained approval from the US Securities and Exchange Commission (SEC) for trading in securities, Bloomberg said in a report on Wednesday. Last week, Coinbase announced that it could act as an intermediary, noting that it offers digital tokens that are securities, having previously acquired Keystone Capital Corp, Venovate Marketplace Inc. and Digital Wealth LLC. The digital ceurrency exchange said at the time that the acquisition was approved by two US regulators: the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

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​The founder of Litecoin explains the position of the institution towards its new stake in the German bank

​The founder of Litecoin explains the position of the institution towards its new stake in the German bank

10:38 am 2018-07-18

Litecoin founder Charlie Lee explained the organization's position and future after having taken a stake in WEG BANK AG and how to use that stake in digital currency services. Last week, the lender acquired Litecoin 9.9% stake in Deutsche Bank through a new strategic partnership with TokenPay, in exchange for expertise in the field of blockchain and digital currency marketing. On Tuesday, Li explained that the financial institution did not pay any money for the bank's share. He said he was not taking over the bank's board of directors. "The best case is that…

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​Goldman Sachs new chief executive shows his keenness toward Bitcoin

​Goldman Sachs new chief executive shows his keenness toward Bitcoin

09:50 am 2018-07-18

Goldman Sachs has announced that David Solomon will be its new chief executive, and Lloyd Blankfein will be named CEO, which began in 2006 and led the company out of recession in the late 2000s. Solomon is not the usual investment banker, and investors expect him to change his business as usual, according to The New York Times. Solomon said Goldman should "develop its business and adapt to the environment" if it wanted to remain competitive. Goldman Sachs broke quarterly revenue forecasts today. Where profits rose 40% in the second quarter alone ($ 2.47 billion), according to…

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​Bithumb announces plans to open new offices in Japan and Thailand

​Bithumb announces plans to open new offices in Japan and Thailand

12:12 pm 2018-07-17

South Korea's Bithumb, a South Korean digital currency exchange, has announced that it will open new offices in Japan and Thailand, according to ZDNet. Bithumb said it is currently awaiting approval from the Japanese Financial Services Agency (FAS) and the Securities and Exchange Commission (SEC). The choice of Thailand came from the size of e-commerce and the highly-active hi-tech industry in the country. The organizers understand the digital encodings and welcome them to enhance the country's smart business. Bithumb is persuading authorities in Japan that it is trying to persuade Japan's regulators to approve the company's

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​LINE Launches BITBOX Digital Currency Exchange with support from 30 currencies

​LINE Launches BITBOX Digital Currency Exchange with support from 30 currencies

11:19 am 2018-07-17

LINE, Japan's leading social networking company, officially launched a digital currency trading platform Tuesday, called BITBOX, backed by 30 digital currencies including Bitcoin. LINE said that the exchange will only support exclusive trading pairs, with no exchange between paper and currency currencies, noting that will be trading around 30 digital currencies at the moment, including Bitcoin, ethereum, Ripple, Bitcoin Cash, and Litecoin, explaining that All currencies to be traded have been heavily evaluated by the stock exchange. The company's chief executive, Takeshi Idezawa, said: "LINE has built its reputation in providing…

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SBI Holdings launches its first publicly traded bank backed digital currency exchange in Japan

SBI Holdings launches its first publicly traded bank backed digital currency exchange in Japan

09:51 am 2018-07-17

The Japanese financial giant SBI Holdings officially launched its first publicly-traded digital currency trading platform, VCTRADE. Last month, the digital currency trading platform was only available to a group of selected users who had already registered on the platform in October last year. SBI Holdings announced today that the trading service is now fully open to users aged 22 to 70 who reside in Japan only. The registration service for corporate customers has not yet been provided. In its launch last June, VCTRADE announced that it would initially support the Japanese yen against…

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​Tomorrow .. The US Congress is preparing to hold two sessions on digital currencies

​Tomorrow .. The US Congress is preparing to hold two sessions on digital currencies

09:09 am 2018-07-17

The US Congress is preparing to hold two hearings on Wednesday on currency-related transactions. Last week, the House of Representatives Financial Services Committee said it would meet this week to discuss the development of digital currencies and how to view it as a new way of money. The statement by the Parliamentary Finance Committee also indicated that for the first time a study would be conducted on the extent to which the US government should consider transactions in currency coded as currency, and potential local and global uses of those currencies. On the same day, the…

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​The Financial Stability Board sends a G20 report on digital currency risk

​The Financial Stability Board sends a G20 report on digital currency risk

11:15 am 2018-07-16

The Financial Stability Board (FSB), an organization focused on analyzing and making G20 recommendations on global financial systems, provided a framework for monitoring the assets of digital currencies. The report of the Board specifically enumerated several measures that it would use to monitor advanced digital currency markets and should help identify and mitigate risks to consumer and investor protection, market safety and the possibility of financial stability. The consolidated framework was published in a report on Monday and presented to finance ministers and central bank governors of the G-20 countries. According to the report, monitoring efforts…

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​The all.me platform catches the services of Drogba in working with them

​The all.me platform catches the services of Drogba in working with them

09:56 am 2018-07-16

The new digital platform, all.me, was able to capture the services of retired Ivorian player Didier Drogba, becoming its ambassador, and the company pledged to share advertising revenue with users. Didier Drogba, played many roles inside and outside the stadium. He was the African footballer to be forced to win, and he was named the best player in the continent twice, and led Chelsea to many titles. Ivory Coast asked Didier Drogba to participate in the Truth and Reconciliation Commission to help heal the divisions that existed after the country's civil war in 2011, and now the player…

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​Thailand plans to use Blockchain to settle securities quickly

​Thailand plans to use Blockchain to settle securities quickly

08:47 am 2018-07-16

A self-organizing organization in Thailand is planning to set up a dedicated token designed to speed up the settlement of corporate bonds in the country. The Thai Bond Market Association (TBMA) has indicated that it has received the green light from the Securities and Exchange Commission of Thailand to develop a series of blockchain, which is accessible only to parties in the bond market, such as registered exporters, investors and depository institutions. According to a news report from the Bangkok Post, Monday, The Thailand Bond Market Association, that the development process will be divided into three phases,…

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