Tag:Finance Magnets

Indian Cryptocurrency Market On the Rise Despite Government Ban

India is a mammoth market for cryptocurrency, once responsible for 10 percent of all Bitcoin transactions, but the country’s central bank banned financial institutions...

PwC Digs Further into Blockchain, Acquires Minority Stake in VeChain

PwC, an accounting powerhouse with over 220,000 employees and ‎a $36 ‎billion annual revenue, has made its first official ‎investment in the blockchain industry....

Bitcoin Banknotes Now Available in Singapore

As cryptocurrency gains mainstream acceptance we have seen Bitcoin take on many of the mediums of fiat money – ATMs, debit cards, financial derivatives,...

Telegram is Reportedly Calling Off Its ICO Plans After Two Funding Rounds

Telegram Group Inc. has canceled its initial coin offering after the popular messaging app raised a record-setting $1.7 billion from a group of less...

SBI’s New Cryptocurrency Exchange No Longer XRP-Only

Yoshitaka Kitao, President of SBI Holdings, announced at a company meeting that the company’s cryptocurrency exchange will be launched this summer, according to Business...

Japan Demands Crypto Exchanges De-List Anonymous Altcoins

Reports from Tokyo state that numerous sources within Japan’s Financial Services Agency (FSA) are looking at all possibilities to exhibit pressure on the Japanese...

Litecoin Exploring a Bank Purchase, Buterin Disses Tron: Best of the Week

LitebankLitecoin founder Charlie Lee is exploring a banking solution in Germany, together with TokenPay’s CEO Derek Capo.The plans were discussed in public through Twitter...

France Outlines Significant Tax Cut for Cryptocurrency

The French government has announced a tax reform plan Thursday, which would reduce the tax ‎rates on revenues generated by cryptocurrency transactions, and cut...

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Facebook’s Digital Wallet Name is Changing – From Calibra becomes Novi

The renaming of its digital wallet, from Calibra to Novi, was decided by Facebook, almost a year...
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What is the Mysterious Pi that Doesn’t Belong to Cryptocurrencies?

Rarely do cryptocurrency websites refer to anything other than bitcoin. According to experts, the main reasons are...

To Kill A Dragon – How To Build An Honest Alternative To Sharing Economy Industry

The sharing economy is big business. Platforms like AirBnB, Uber, WeWork, Upwork, and others in the industry...

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What is the Mysterious Pi that Doesn’t Belong to Cryptocurrencies?

Rarely do cryptocurrency websites refer to anything...