Digital Assets

Online Retail Giant Amazon and Coronavirus Pandemic

Amazon to launch its own cryptocurrency to compete with the Bitcoin fever

The Bitcoin marked a new record. On Wednesday, the largest cryptocurrency increased almost 6% to around $51,431. The “Bitcoinmania” does not stop. More and more large international companies are looking to launch their digital currency to compete in the market.  Amazon, the biggest e-commerce company, is currently working on a digital currency project in Mexico. This initiative …

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bitcoin korea

Bitcoin may hit $100,000 by the end of the summer this year

On February 12, Bitcoin, the largest cryptocurrency globally, hit an all-time high of $49,000. This happened after BNY Mellon became the latest firm to adopt cryptocurrencies. According to BNY Mellon, it will form a new unit to help clients hold, transfer and issue digital assets. Significantly, on Thursday, the dominant cryptocurrency was trading between $47,000 …

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admiral markets

Malaysian Financial Regulator Warns Admiral Markets Clone

Malaysia’s financial regulator has blacklisted another group of FX and investment websites. Admiral Markets’ European authorization does not entail passporting rights to promote its products in Malaysia. The regulator cited their brands as unauthorized to operate in the country.  The most notable to the Securities Commission (SC) warning list is the clone firm that claimed …

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