Circle Internet Financial Ltd has revealed that it is currently seeking to obtain a federal banking license with the U.S. Office of the Comptroller of the Currency (OCC) in order to expand the services available to the company’s customers. It also hopes to pursue registration with the U.S. Securities and Exchange Commission (SEC) as a brokerage and trading venue, which would allow the company to facilitate the trading of tokens deemed to comprise securities. Also Read: Markets Update: Leading Cryptocurrencies Break Above Bear Channels Circle Seeks to Gain Banking License with…
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Industry Representatives Criticize Google’s Crypto Ad Ban
With Google’s ban on cryptocurrency advertising set to formally come into full effect this month, many representatives of the cryptocurrency and investment industries have spoken out against the company’s move. Also Read: Russian Court Overturns Decision to Block Bitcoin Website Google Ban Expected to Come Into Effect This Month Google announced that it would ban cryptocurrency advertising on its platform in March, following numerous anecdotal reports of declining ad performance on the company’s platforms from companies promoting initial coin offerings (ICOs). The move followed the implementation of similar advertising restrictions on…
Read MoreTwitch Streamers Can Now Tip With Four Cryptocurrencies
Users of the popular video game streaming application Twitch can now tip each other using a variety of cryptocurrencies. The integration is made possible by a firm called Streamlabs who have built a protocol that can send tips through a user’s Coinbase account. Also Read: Decentralized Exchange Compendium ‘Index’ Lists Over 200 Dex Platforms Twitch Users Can Now Tip Each Other With Four Different Cryptocurrencies The well-known video game stream website Twitch is extremely popular, the page sees millions of visitors every month. Now users of the platform can tip each…
Read MoreBitcoin Cash and Ethereum Trading Volume Soars But Ripple Keeps Falling
May was a bumper month for bitcoin cash and ethereum. Both digital assets saw a major increase in global trading volume compared to the month prior. BTC held steady, averaging $200 billion a month, but ripple didn’t fare so well, recording trading volume that was down 86% since January, mirroring its decline in price. Also read: Decentralized Exchange Compendium ‘Index’ Lists Over 200 Dex Platforms Bitcoin Cash Is May’s King of Coins There are various ways to measure a cryptocurrency that’s in demand, with trading volume the most useful indicator after…
Read MoreJapan: GMO Group Unveils ‘World First’ 7nm Miner As CEO Vows To ‘Top’ Bitmain
Japanese internet giant GMO has announced pre-orders for its B2 Bitcoin miner — the world’s first miner equipped with 7nm processing technology. ‘I Respect Bitmain, But We Will Top Them’ Unveiling the finished product at a conference, GMO’s CEO, Masatoshi Kumagai, promised to “top” competitors with the product — which aims to deliver more power in return for a higher purchase price. The move sees GMO vie with market stalwarts Bitmain and Halong Mining Corporation to woo the ever-increasing Bitcoin mining community. Specifications for the B2 uploaded to Twitter by Bloomberg…
Read MoreJohn McAfee Running for US President in 2020
Tech businessman and crypto advocate John McAfee has announced his intent to run for the office of President of the United States in the 2020 election. ‘Serve the Crypto Community’ This is the second time he has run for president, with his previous campaign in 2016 also being with the Libertarian party. “In spite of past refusals, I have decided to again run for POTUS in 2020,” McAfee announced on Twitter. If asked again by the Libertarian party, I will run with them. If not, I will create my own…
Read MoreCoinbase Unveils Plans to Enter the Japanese Market
One of the largest US cryptocurrency companies, Coinbase, has unveiled its plans to enter the Japanese market in order “to accelerate the global adoption of cryptocurrency.” The company has been in talks with the country’s financial regulator to ensure compliance. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase Opens Office in Japan Coinbase announced on Monday, June 4, its plan to enter the Japanese market. Vice President and General Manager Dan Romero wrote: As part of our effort to accelerate the global adoption of cryptocurrency, today we’re announcing…
Read MoreNew Cashpay Wallet Allows Purchases With Any Online Retailer Using BCH
On Saturday, June 2 a new cryptocurrency wallet focused exclusively on bitcoin cash launched called Cashpay. The beta release is now available for Android and iOS devices but the wallet also offers an interesting feature — Cashpay comes with the ability to purchase anything from any online retailer using bitcoin cash. Also Read: Markets Update: Digital Currency Market Bulls Push Back After Decline Cashpay: A BCH Exclusive Wallet Focused on Increasing the Use of Bitcoin as Cash The development team from the website Cryptonize.it have launched a new bitcoin cash (BCH)…
Read MorePR: Viola.AI To Gather Larger Single Women Database
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. SINGAPORE - With its Identity and Relationship Verification known as REL-Registry, Viola.AI is set to create the world’s largest single women database on the blockchain for a transparent and safe platform for ladies to meet their potential partners. After being in the dating industry for…
Read MoreJapan’s SBI Cryptocurrency Exchange Now Live for 20,000 Users
SBI Holdings’ cryptocurrency exchange is now live for a limited number of customers and with one cryptocurrency supported so far. Starting today, the mega corporation’s crypto spot trading service is available for approximately 20,000 users. Its full crypto exchange launch for the general public is set for next month with two additional cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space SBI Exchange Partially Launched SBI Holdings announced on Monday, June 4, that its wholly-owned subsidiary, SBI Virtual Currencies, has launched a cryptocurrency exchange service called Vctrade. “We have…
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