China’s central bank is opening back its commitments to creating a crypto version of yuan. The People’s Bank of China (PBoC) announced the notion on April 4. The notice was part of a summary of the 2020 National Currency Gold Silver and Security Work Video and Telephone Conference. Apparently, this is a part of the …
Due to uncertainty in Brazilian crypto regulations, the XDEX cryptocurrency exchange shut down its business. Its customers were asked to withdraw all funds in the exchanges within 30 days as the company closes down its trading positions. Whatever was left in the platform after this period would be sold and deposited for the fiat equivalent …
The US charged the Venezuelan President Nicolas Maduro for tapping into cryptocurrency for narco-terrorism. Maduro, alongside 14 other senior Venezuelan officials, allegedly used crypto to wreak havoc on American communities for an alleged multibillion-dollar cocaine trafficking ring for 20 years. According to Attorney General William Barr, Maduro flooded the US with cocaine and used drugs …
Venezuelan President Charged for Crypto Narco-Terrorism Read More »
The Federal Reserve plans to save its unbanked against the novel coronavirus. Because of this, US politicians are now considering the use of “crypto dollars” as a currency amid the COVID-19 economy. According to the House Financial Services Committee Chairwoman Maxine Waters, a legislative text called financial institutions to provide digital wallets. These wallets will …
In the midst of plummeting value in both oil and stock markets, Middle Easterners are turning to digital currencies for safety. The sudden oil price war between Saudi Arabia and Russia battered public confidence for these assets, experts believe that now is the best time to expand digital portfolios in the region. Digital assets’ accessibility, …
Middle Easterners, Recommended the Use of Digital currency Read More »
“Crypto enterprises failed because they utilize systems to provide suspicious services,” said crypto software developer Lukka CEO Jake Benson. Both Lukka and its rival Verady, announced they received System and Organization Control (SOC) confirmation on January 21. This shows that both companies are willing to address each other’s failures. SOC is a set of standards …
Crypto Agencies Get Competitive in Trust and Options Read More »
The Digital Forensic Research Lab (DFRLab) found an “astroturfing campaign” around the same time as OneCoin founder Ruja Ignatova disappeared. DFRLab is an entity under the US think tank The Atlantic Council. New York prosecutors arrested who they claimed was a “top leader” of the project in March last year. The accusation stated that his …
OneCoin Crypto Scam Thrives After Founder’s Arrest Read More »
International carrier Vodafone is the eighth founding member of Facebook’s cryptocurrency project, Libra, to leave the association. This is following the striking withdrawals from Mastercard, Visa, eBay, Mercado Pago, Stripe, PayPal, and Booking Holdings. The exit appears to be well-intentioned since the carrier focused on its service over regulatory concerns. Vodafone will instead dedicate its …
Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.
Disclaimer:
TradeMarketNews.com provides information and news solely for reference purposes. The accuracy, relevance, and completeness of any information and news may vary and cannot always be guaranteed. Readers are responsible for their use of such data (as stated in the ToS) and its appropriateness for the user.
Email: [email protected]
Connect with: trademarketnews
