PayPal users will not be able to withdraw their bitcoin funds to an external wallet. Bitcoins cannot be sent to other Paypal accounts. PayPal announced this Wednesday that its users will be able to buy, sell and pay with bitcoin and cryptocurrencies from its platform. However, some of the details about the service raise doubts [...]
The BitMEX platform saw its reserves reduced by 49.55% in the penultimate quarter of the year. Data suggests that the number of users preferring non-custodial storage increased. Bitcoin reserves on exchanges such as Coinbase, OKEx, and BitMEX have dropped considerably in the penultimate quarter of the year. This is recorded by the BitUniverse platform, which [...]
Clayton views tokenization as positive as long as it is registered with the SEC. Blockchains will be "the internet of finance," according to Brian Brooks, Comptroller of the Currency The Securities and Exchange Commission of the United States (SEC) would have the disposition to promote the tokenization of shares through blockchains. This was stated by [...]
Bitcoin could be measured against the greats names of the corporate world, given its growth potential. To catch up with Apple, Bitcoin would have to grow 10 times. A 60% boom would bring it closer to JPMorgan. While Bitcoin is still on the scale of a midsize corporation, with a market capitalization of about $ [...]
Once the new currency is issued, it will be classified as M0 (cash issued by the central bank). Everything indicates that the government refines details, but there is no official launch date yet. The digital yuan will meet all the requirements to be accepted as legal money and will have all the functions of China’s [...]
Ruchir Sharma believes that next year the inflation of the dollar will be noticed. For Sharma, the next few years will be better valued stocks that preserve their value. Morgan Stanley’s head of emerging markets and global strategy commented that commodities such as gold would do well for the next 3-5 years, and included bitcoin [...]
Bitcoin does not perform the functions of the currency well, according to the French central bank. The so-called stablecoins and CBDCs are also addressed in the study. The central bank of France states in its most recent newsletter, dedicated to means of payment, that Bitcoin has not fulfilled its initial proposal to “replace legal currencies.” [...]
The company was accused of selling securities-based swaps without proper authorization. Despite moving its operations outside the US, the contracts were offered from San Francisco. The United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) announced this Monday two fines of $150,000 each against the Abra platform. Regulators determined that [...]
Key facts: Payoneer blocked funds affiliated with “Prepaid Mastercard” cards issued by Wirecard. The event reminds us of the typical phrase of bitcoiners “Not your keys not your money”. Freelancers are constantly concerned about their money and it is understandable, with cases like the one that just happened with Wirecard and Payoneer. What could be [...]
Key facts: Wunderbit Trading is integrated to various trading platforms such as: Binance, FTX and ByBit. Wunderbit Exchange allows buy and sell trades with Bitcoin and Ethereum with credit cards and Skrill. The Wunderbit Trading platform is a product of Wunderbit, a Fintech company established and regulated in Estonia. This company makes cryptocurrency trading an [...]