Bitcoin (BTC) exchange Bitex has partnered with Uruguay-based financial software company Bantotal in order to expand it cross-border payments system on the Bitcoin blockchain to Latin America. CoinDesk announced the companies’ new partnership in a report on Aug. 13. According to the report, the upshot of this partnership is that Bantotal’s clients will have access…
A new proposal wants to take decentralization a step further by decentralizing the private keys themselves. Trusting trustless bot with your crypto private keys Tide, a non-profit privacy advocate, claims to have developed a decentralized technology, which gives rise to a trustless bot or Delegated Automated Trustee (DAT) on the blockchain. According to an announcement…
Last month, Facebook rocked the world with its blockbuster Libra announcement. Even a year ago, the idea that an iconic United States company would launch a digital currency or that a sitting president would tweet about it seemed insane. Welcome to the new normal. The Libra announcement sent politicians scrambling, hit the mainstream media like a hurricane,…
The United Kingdom has long been a financial mecca. Ever since the Big Bang and the arrival of Thatcherism in the ‘80s, Britain has cultivated a finance-friendly environment revolving around the city of London, with deregulation inviting a wave of foreign investment and trading activity. However, while it has even been suggested that London will overtake…
The United Nations is investigating 35 North Korean cyberattacks across 17 countries, according to a report published Aug. 13 by the AP. This follows last week’s leaked summary of the report, stating that $2 billion had been hacked by the nation thus far to fund weapons programs. The majority of incidents being probed were carried…
A Thai regulator announced that the regulator will amend regulation to prevent crypto use for illicit activities, English-language local news outlet BangkokPost reports on Aug. 5. AMLO to focus on cryptocurrencies Per the report, Acting Secretary-General of the Thai Anti-Money Laundering Office (AMLO), Pol Maj Gen Preecha Charoensahayanon, stated that cryptocurrencies will be used for…
The Iranian government has instituted a new law that does not accept crypto as legal tender or recognize domestic transactions carried out with cryptocurrencies. On Aug. 4, the Cabinet of Iran ratified and released a new bill saying that the government will not recognize any domestic trading activity involving cryptos, Iranian news agency PressTV reports…
Instant crypto loans firm Nexo is launching a MasterCard-branded cryptocurrency credit card. The development was announced in a press release shared with Cointelegraph on Aug. 2. “World’s first” Nexo claims the Nexo Card to be the first card in the world that enables users to spend the value of their cryptocurrency without in fact spending…
World-class speakers at RE•WORK’s AI in Finance Summit in New York will share insights on cutting-edge technical advancements and real-life applications of AI including financial forecasting, fraud detection & stock market prediction. The summit will explore the most recent impacts of AI in financial sectors including retail banking, hedge funds, insurance and international economic development.…
CheapAir, the first airline online booking platform to accept cryptocurrency payments, accepts Bitcoin Cash ABC (BCH) on its platform. Over 4 million users set to benefit in booking cheap airlines and hotels following CheapAir’s partnership with Bitcoin.com. CheapAir announced through an official press release the addition of Bitcoin Cash (BCH) to its collection of crypto…