Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for Cryptocurrencies

Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for CryptocurrenciesIn a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for alternative digital platforms and decentralized cryptocurrencies. Also read: Russians Can Use Qiwi, Sberbank, Yandex Money […]

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Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital Yuan

Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital YuanWith China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months. The news comes as more details about the digital Chinese yuan indicate its main purpose will be to substitute […]

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Boerse Stuttgart’s Bison Trading App to Add Bitcoin Cash and Launch Desktop Version

With 80,000 Users, Boerse Stuttgart’s Trading App Bison to Add Bitcoin Cash and Launch Desktop VersionBison, the crypto trading application offered by Boerse Stuttgart, has seen a remarkable growth of users in the past 12 months, the group announced this week. Germany’s second-largest stock exchange is now planning to expand its features and offer traders in Europe another cryptocurrency option, bitcoin cash (BCH). Also read: Eastern Europe Sees More Fiat […]

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Millennial and Male: 3 Crypto Card Issuers Profile Their Average User

Millennial and Male, 3 Crypto Card Issuers Profile Their Average UserPlatforms offering debit cards that can be topped up with cryptocurrency have enjoyed growing popularity in the crypto community. They provide a payment solution for those who earn and own digital coins, enabling in-store and online crypto payments. Their expanding user base provides a snapshot of the kind of people who spend crypto on a […]

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User Reports Reveal Visa and Mastercard Outages During the Holidays

User Reports Reveal Visa and Mastercard Outages During the HolidaysHaving problems with payments around Christmas can be frustrating, especially for those who leave gift buying till the last minute. With calmer markets this holiday season, the crypto ecosystem has been operating relatively smoothly, with few exceptions. The fiat world, however, saw some glitches that affected card payments in particular. Also read: New Ukrainian Law […]

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Utorg Exchange Grants Access to Traders With Limited Verification

Crypto Exchange Utorg Provides Traders With Limited Verification AccessUtorg.io is a digital asset exchange based in the U.K. that allows users in Europe and around the world to trade cryptocurrencies with stablecoins and fiat money. What sets the new platform apart from many incumbents is the simplified verification procedure for traders who don’t exceed а daily limit of $1,000. Its decision to provide […]

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Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell

Uzbekistan Bans Citizens From Buying Crypto, They Can Only SellAuthorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to the local regulations postulate. Also read: Poles Hit With Backdated Tax on Crypto Trades […]

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Poloniex Restores Unverified Accounts With Unlimited Trading

Poloniex Restores Unverified Accounts With Unlimited TradingIn times of mounting pressure on crypto companies to comply with expanding due diligence requirements, Poloniex has taken a step in the opposite direction. The exchange is lifting restrictions that applied to unverified users in response to customer demand. New and current accounts will enjoy access to unlimited trading and deposits. Also read: P2P Crypto […]

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P2P Crypto Trading App Allows You to Protect Your Privacy

P2P Crypto Trading App Allows You to Protect Your PrivacyRegulatory pressures as well as the development of third-party, intermediary and custodial services in the crypto space have been limiting the share of peer-to-peer trading. A new contender is now challenging established P2P exchanges by offering users a mobile service that allows them to determine the level of privacy they want to maintain, and use […]

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Mistakes Crypto Owners and Traders Should Avoid

Mistakes Crypto Owners and Traders Should AvoidThere are many pitfalls one can easily get caught in when using, storing, investing or trading cryptocurrencies. While some mistakes could cost you a fortune, most of the common ones can easily be avoided. Bitcoin.com has produced a video featuring the top seven deadly mistakes crypto owners should avoid. Also read: ‘No-Deal Brexit Huge Positive […]

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