Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90%

As Traditional Remittance Rates Soar, Crypto-Based Transfers Can Cut Costs in Africa by 90%Remittances have become a lifeline for many people in Sub-Saharan Africa, but the cost of sending money via banks and money transfer operators remains punitively high. On average, it costs 9.3% (of value transferred) to send the equivalent of $200 to the region, the highest remittance rates anywhere on the planet, according to the new […]

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Central Bank Digital Currencies Take Center Stage at IMF Spring Meetings

CBDCs Take on Major Importance at IMF Spring MeetingsCentral bank digital currencies (CBDCs) featured prominently when global financial leaders met for this year’s World Bank Group and International Monetary Fund (IMF) joint Spring Meetings in the United States. Faced with emerging disruptive technologies like Bitcoin, their discussions also focused on how money and payments are taking on new forms throughout the world. There […]

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The Struggle to Buy Bitcoin in Crypto-Starved Botswana

Bitcoin: The Struggle of Buying One in Crypto-Moderate BotswanaThe rise of Bitcoin has coincided with improvements in technology allowing anyone to trade online. Meanwhile, in landlocked Botswana, geographical constraints have done little to prevent BTC from being traded locally, even in the absence of an established locally-operated cryptocurrency exchange. News.Bitcoin.com spoke to a number of bitcoiners in the southern African nation to determine […]

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Wikileaks Bitcoin Donations Soar Following Assange Arrest

Wikileaks' Bitcoin Donations Soar After Arrest of AssangeWikileaks’ bitcoin address has received a deluge of support following founding editor Julian Assange’s arrest. Donations have reached nearly $32,000 on Friday, 60% more than was raised the day before, when Assange was taken into custody. Also read: How Traditional Stock Markets Can Help Mainstream Cryptocurrency BTC Donations Reach $32,000 More than 6.3 BTC worth […]

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How Traditional Stock Markets Can Help Mainstream Cryptocurrency

How Traditional Stock Markets Can Help Mainstream Cryptocurrency - or NotIt’s not a stampede, but a growing number of traditional stock exchanges have begun to offer cryptocurrency-related products, in a move that’s been viewed in some quarters as key to introducing cryptocurrency to conventional equities investors. But will the involvement of stock exchanges help the cause of cryptocurrency, or is this merely an opportunistic endeavour […]

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Bibox Exchange to Launch Leveraged BCH Perpetual Contracts

Bibox Exchange to Launch Leveraged BCH Perpetual ContractsEstonia-based Bibox exchange is to launch bitcoin cash (BCH) and litecoin (LTC) perpetual trading contracts on April 12, with leverage of up to 50x. Priced in tether (USDT) – the US dollar-pegged stablecoin – the cryptocurrency derivatives are targeted at both institutional and retail investors. Also read: ‘This is Not an ICO, Just Barter’ – […]

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‘This Is Not an ICO, Just Barter’ – How Issuers Attempt to Evade Regulatory Scrutiny

"This Is Not an ICO, Just Barter” - ICO Issuers Alter Terms to Evade Regulatory ScrutinySome issuers of initial coin offerings have started to change the terminology they use to refer to their token sale in a bid to evade the attention of regulators – the hawkish U.S. Securities and Exchange Commission (SEC) in particular. With research finding that fewer than half of ICO projects make it past the first […]

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Bitcoin Exchange Gatecoin Shuts Down Citing Financial Difficulty

Bitcoin Exchange Gatecoin Shuts Down Citing Financial DifficultyHong Kong-based bitcoin exchange Gatecoin has said it is shutting down citing financial difficulty. The exchange suffered a $2 million hack in 2016 and hasn’t been able to recover the funds. However, Gatecoin blames a registered French payment service provider for paralyzing its operations. The payments company allegedly duped the exchange out of an unspecified […]

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Basel Committee Sets out Guidelines for Banks Intending to Enter Crypto Market

Basel Committee Sets out Guidelines for Banks Intending to Enter Crypto MarketThe Basel Committee has laid out guidelines for banks that plan to enter the cryptocurrency market. While outlining the supposed threats posed by crypto assets in terms of financial stability, the committee has said it expects banks that are going to have direct exposure to the crypto industry to be prudent in their approach. As […]

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Xena Launches Leveraged Contract for Yet to Be Released Telegram Token

Xena Launches Leveraged Contract for yet to Be Released Telegram TokenThe Telegram token (gram) has started trading as a perpetual contract on London-based Xena Exchange. On Mar. 12, the crypto exchange launched a derivative contract for grams, with up to 100x leverage. The Xena-listed perpetual contracts are publicly tradable and are intended to provide liquidity for the gram token ahead of its release later this […]

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