New York-based firm Paxos is making waves in the world of cryptocurrency, as it plans to introduce digital tokens backed by precious metals this year. Just six months ago, a stable coin, Paxos Standard, was launched, linking cash reserves to blockchain. Fortune reports that before the year ends the company expects “any type of asset to be put onto blockchain.” Paxos CEO Chad … [Read more...] about Paxos to launch gold-based cryptocurrency
Crypto news in brief (April 18, 2019): Binance Chain, Sirin Labs, Coinbase, Binance, Japan, TON Labs
- Binance has launched its own blockchain - Sirin Labs has laid off 25% of its workforce - Coinbase has expanded crypto-to-crypto conversions and trading services to 11 more countries - Binance brought in $78 million in profits in Q1 2019 - Japanese FSA is planning to force cryptocurrency exchanges to tighten their security - TON Labs has partnered with German payment … [Read more...] about Crypto news in brief (April 18, 2019): Binance Chain, Sirin Labs, Coinbase, Binance, Japan, TON Labs
Crypto news in brief (April 16, 2019): CoinMarketCap, France, BitPay, BitMEX, Samsung
- CoinMarketCap has released a new version of its mobile app - France will actively support development of blockchain technology - Corporate Traveller has partnered with blockchain payment provider BitPay to accept payments in crypto - BitMEX is going to open a cryptocurrency options platform - Indian IT giant Tech Mahindra will use Nexledger blockchain platform developed … [Read more...] about Crypto news in brief (April 16, 2019): CoinMarketCap, France, BitPay, BitMEX, Samsung
France adopts cryptocurrency regulation
The French parliament last week approved a financial sector law that included rules aimed at tempting cryptocurrency issuers and traders to set up in France by giving them some official recognition, while ensuring the country can tax their profits. … [Read more...] about France adopts cryptocurrency regulation
Crypto news in brief (April 10, 2019): TrueUSD, Gibraltar Stock Exchange, PayPal, IBM, Stellar, World Wire, Digitec Galaxus
- TrustToken has published an audit report of its bank account holdings which are supporting the supply of TrueUSD - The Gibraltar Stock Exchange (GSX) is now allowing financial firms to list blockchain-based securities - PayPal invested in blockchain startup Cambridge Blockchain - Six international banks are planning to issue their own stablecoins on IBM’s payments … [Read more...] about Crypto news in brief (April 10, 2019): TrueUSD, Gibraltar Stock Exchange, PayPal, IBM, Stellar, World Wire, Digitec Galaxus
Bitstamp granted virtual currency license in USA
Bitstamp, one of Europe’s largest cryptocurrency exchanges, has been granted a virtual currency license from New York state’s financial regulator. … [Read more...] about Bitstamp granted virtual currency license in USA
Crypto news in brief (April 9, 2019): Bitfinex, China, mining, Coinbase, Western Union
- Bitfinex removed minimum equity requirement of $10,000 to trade on its platform - China may prohibit crypto mining - Coinbase has added support for EOS, REP and MKR - Western Union has partnered with blockchain startup Coins.ph … [Read more...] about Crypto news in brief (April 9, 2019): Bitfinex, China, mining, Coinbase, Western Union
The first initial exhcange offering on EXMO lasted 2 minutes
Users have spent 100 BTC to purchase 85,000,000 Paytomat tokens (PTI). … [Read more...] about The first initial exhcange offering on EXMO lasted 2 minutes