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Kraken Rolls Out New Funding Options for 5 Major Fiat Currencies

News United States-based crypto exchange Kraken has partnered with Estana Custody to offer new options for fiat deposits and withdrawals in five major currencies. New funding options for USD, EUR, CAD, GBP, JPYAccording to an official announcement from the exchange on July 29, the partnership wil..

US Prosecutors Indict BTC-e Crypto Exchange, Seek Millions in Penalties

News United States prosecutors have filed a complaint against now-defunct crypto exchange BTC-e and its suspected operator Alexander Vinnik, according to a document filed in the Northern District of California on July 25. Per the filing, the Financial Crimes Enforcement Network (FinCEN) determined..

Nigerian Deposit Insurance Corporation Warns Against Crypto Dependency

News The Nigeria Deposit Insurance Corporation (NDIC), a federal insurance overseer and safety net provider, has issued a public warning about relying on cryptocurrency transactions in a press release on July 25. According to the press release, managing director and CEO of NDIC Umaru Ibrahim said ..

Croatian Post Launches Pilot Program for Crypto-to-Fiat Exchange

News The Croatian Post has partnered with Electrocoin to run a pilot program for a crypto-to-fiat exchange in the city of Zadar. The pilot service will reportedly enable crypto holders to convert Bitcoin (BTC), Ether (ETH), Stellar (XLM), XRP and EOS to cash in one of the Croatian Post’s local off..

US: Unlicensed Bitcoin Exchange Operator Indicted by Justice Department

News William Green, a 46-year-old New Jersey resident, was indicted by a federal grand jury on account of allegedly running an unlicensed money transmission service. The United States Department of Justice (DoJ) announced the indictment in a press release on July 24. According to the DoJ, the indi..

Sorry, I Don’t Want to Pay for More Bombs: Bitcoin as a Hedge Against...

After nearly two decades of U.S.-led coalition bombs falling on the Middle East, peace in the region still has not been achieved. Now the United States is once again bolstering military forces, this time in Saudi Arabia. Meanwhile, taxpayers in multiple countries are being forced to pay for these il..

Virgin Bitcoin — Most In-Demand Crypto That Is Regulated Differently?

How to crypto In a world where the global crypto community continues to face a growing number of regulatory hurdles with each passing day, the term “virgin Bitcoin” is starting to become more common among digital currency enthusiasts. However, it is of utmost importance to clarify what this term a..

Bitcoin ATM Firm LibertyX Expands Locations via New Partnership

News LibertyX, the firm that launched America’s first Bitcoin (BTC) automated teller machine (ATM), will add 90 new machines to its network. In order to expand the network, Boston-based LibertyX has partnered with independent ATM operator DesertATM, according to a report by global ATM market publi..

US Treasury Secretary Says Cash Is Not Laundered As Much As Bitcoin Is

News Treasury Secretary Steven Mnuchin said that the authority will be preventing Bitcoin (BTC) from becoming an “equivalent of Swiss-numbered bank accounts.” U.S. secretary of the treasury to closely monitor Bitcoin regardless of priceIn a press briefing reported by CNBC on July 18, Mnuchin criti..

Share Internet Data Launches Banking App in Tandem With LDJ Capital

News Internet crowdsourcing company Share Internet Data Ltd (SID) has partnered with private equity firm LDJ Capital to launch a blockchain-based digital banking solution. The new digital banking app is called LDJ Digital, according to a press release on July 16. According to the announcement, LDG..

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