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According to reporting by Michael del Castillo of Forbes, PayPal has invested in its first blockchain company, called Cambridge Blockchain. While the multi-billion dollar company has previously filed a blockchain-based patent and explored an internal project for incentivizing employees with tokens, they are now looking outside for further blockchain expansion. The report notes Cambridge Blockchain is a startup whose work …
Read More »The Latest Bitcoin News
April, 2019
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6 April
Pakistan’s Central Bank Could Launch a Digital Currency by 2025
Pakistan’s Central Bank Could Launch a Digital Currency by 2025 Some central banks around the globe are currently looking into the possibility of launching digital currencies. The Pakistan central bank is the latest to join this trend, with multiple reports claiming that they could launch a cryptocurrency by 2025. With a growing population of over 200 million, Pakistan is a …
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5 April
Ripple Co-Founder Chris Larsen Donates $25M in XRP to San Francisco State University
Chris Larsen, co-founder of cryptocurrency company Ripple, and his wife, Lyna Lam, have donated $25 million worth of Ripple’s cryptocurrency XRP to Larsen’s alma mater, San Francisco State University’s (SFSU) College of Business. Announced earlier today, the donation was made through RippleWorks, a private foundation that supports promising social entrepreneurs. SFSU will use the funds to support students studying global …
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3 April
Jamaica Stock Exchange Announces Launch of Live Trading Pilot for BTC and ETH
The Jamaica Stock Exchange (JSE) will soon launch a limited pilot to Bitcoin (BTC) and Ethereum (ETH). This news comes via a press release published earlier today. The JSE had already engaged in a two month-long pilot with Canadian fintech company Blockstation to “demonstrate the complete lifecycle” of the crypto ecosystem. On January 25th, Marlene Street Forrest, MD, JSE said …
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2 April
Swiss Stock Exchange SIX Officially Launches XRP Exchange Traded Product
Switzerland’s main stock exchange, SIX, has listed a Ripple-based exchange traded product (ETP). This news comes via a post on SIX’s official website earlier today. As Bitcoin Center NYC previously reported last month, the exchange had already made public that it would be listing the product, which it is calling Amun Ripple (AXRP). In their announcement in March, co-founder and …
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1 April
Coinbase Announces New Cross-Border Payments Service
Major American crypto exchange Coinbase has announced it will begin offering cross-border payments. This news comes via a post on the company’s website on March 28th. Coinbase customers are now able to send money to any person in the world with a Coinbase account using either Ripple (XRP) or Coinbase’s own stablecoin USDCoin (USDC) with no fee. Users can then …
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March, 2019
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31 March
Facebook’s Delve into Blockchain Continues with 5 New Job Postings
Social media giant Facebook has continued its journey towards building a strong blockchain team as it posts five new jobs focused on the technology. This latest development implies that the company is serious about harnessing the power of blockchain tech and deploying it in some aspect or other of its business. Facebook wants to fill five positions in its blockchain …
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28 March
CEOs of Mastercard and Wells Fargo Agree on Blockchain’s Long Term Potential
The CEOs of Mastercard and Wells Fargo agree that blockchain has long-term potential that has yet not been realized. This news comes via a CNBC report published earlier today. Mastercard CEO Ajaypal Banga and Wells Fargo CEO Tim Sloan share the opinion that the hype of blockchain has outpaced results to date, but that the potential of blockchain is real. …
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27 March
Finland’s Regulatory Body to Supervise LocalBitcoins Operations
The Finnish regulatory agency has revealed that it is making plans to supervise the operations of LocalBitcoins in the country. This move prompted the peer-to-peer crypto exchange to add several identification processes in a bid to improve their AML and KYC requirements. Finland’s Financial Supervisory Authority (FSA) to supervise LocalBitcoins’ activities The Financial Supervisory Authority in Finland has revealed that …
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26 March
Bitcoin, EOS, and XRP Lead Weiss Annual Crypto Ratings
A new ranking has been published for the cryptocurrency sector, and Bitcoin, EOS, and XRP have been recognized as the best performing cryptocurrencies and those likely to succeed during this year and the next. EOS, BTC, and XRP lead Weiss crypto ratings Weiss Ratings published its annual cryptocurrency market report on Tuesday, March 26, in which it discussed emerging trends …
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26 March
CME Still Offering Bitcoin Futures as CBOE Pulls Out
The CME Group has revealed that it would not be changing its Bitcoin futures plans despite rival operator, CBOE Global Markets, recently suspending theirs. While speaking to CoinDesk, a spokesperson for the group revealed that there are no changes to their Bitcoin futures contract. The affirmation of their commitment to BTC futures is an essential piece of news to the …
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25 March
New Report: U.S. Blockchain Spending to Hit $41 Billion by 2025
According to a new report published earlier today by research data company Research and Markets, blockchain spending in the United States is sete to increase by about $38 billion over the next six years. The new report, entitled “United States Blockchain Business Opportunities and Outlook Databook Series (2016-2025)” posits that blockchain spending will increase from a current figure of $3.12 …
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25 March
India’s Crypto Community Unites to Voice Regulatory Suggestions
The cryptocurrency community in India is uniting to voice regulatory suggestions as the Indian government is currently finding ways to regulate the crypto industry in the country. The recommendations from the community may possibly be included in a report to be submitted to regulators in the country, according to organizers of the event. Crypto enthusiasts take to the road Blockchained …
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24 March
CoinMarketCap Crypto Indices now Available on Bloomberg, NASDAQ, and Reuters
CoinMarketCap, one of the leading cryptocurrency data analytics platforms, will have two of its crypto benchmark indices featured on platforms such as NASDAQ, Bloomberg, and Reuters. This development will help traders and investors track important cryptocurrency indices on these popular financial platforms. CMC indices now available on NASDAQ, Bloomberg, and Reuters Two cryptocurrency-based benchmark indices provided by CoinMarketCap (CMC) were …
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23 March
Respondents File Negative Comments for SEC’s ETF Review
Many respondents have filed their comments with the US Securities and Exchange Commission (SEC) regarding its new proposed rule change for the approval of the VanEck/SolidX Bitcoin ETF. The commission allowed the general public to submit their comments between Feb. 13 and March 12, and so far, most of the respondents have filed negative comments regarding the proposed changes. Earlier …
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