BTCChina, the operator of China’s oldest Bitcoin (BTC) exchange, is no longer in the crypto business, according to some reports. The company sold its stake in the Singapore-registered Bitcoin exchange ZG.com to an unidentified foundation in Dubai, Chinese news agency The 21st Century Business Herald recently reported. According to the report, […]

Slice, a Bangalore-based financial technology startup, announced today that the company has raised $20 million in the latest funding round in an effort to transform the credit card market of India. According to the company’s announcement, Gunosy, Blume Ventures, and other existing investors of Slice participated in the recent investment round. […]

An executive at major Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) has raised concerns about the digital euro and questioned what customer demand it would meet. Pablo Urbiola of BBVA’s digital regulation team has called on European financial authorities to carefully explore the possible issuance of a central bank digital […]

Stellar lumen price is facing hurdles near $0.2600 and $0.2700 against the US Dollar, similar to bitcoin. XLM price could gain bullish momentum if it breaks $0.2700. Stellar Lumen Price Analysis (XLM to USD) In the past few days, stellar lumen price extended its decline below $0.3000 against the US […]

Ripple price is slowly recovering above $0.6200 against the US Dollar. XRP price could continue to rise $0.6500 if the bulls remain in action above $0.6000. Ripple Price Analysis There was a downside extension below the $0.6000 level in ripple price against the US Dollar. The XRP/USD pair declined heavily […]

UK financial watchdog, the Financial Conduct Authority, has halted cryptocurrency exchange Binance from operating in the UK. In a statement titled “Consumer warning on Binance Markets Limited and the Binance Group” published on the organization’s official website on Saturday, the FCA stated that Binance Markets Limited “is not permitted to […]

Central bank digital currencies (CBDCs) have little structural benefits to draw from decentralized features of blockchain technology, according to the chief economist at Swiss National Bank Carlos Lenz. Lenz said that blockchain happens to be very inefficient, which nullifies decentralization in CBDCs as an ideal solution. Apart from blockchain technology, […]

Institutional exposure to cryptocurrencies via derivatives continued to grow in the second quarter, as CME Group’s newly launched Bitcoin (BTC) micro contract received considerable uptick in its first two months of trading.  Since launching on May 3, CME’s Micro Bitcoin futures contract has already surpassed 1 million contracts traded, the […]

Cryptocurrency exchange Binance will no longer provide services in the Canadian province of Ontario. The decision comes amid ongoing regulatory pressure on digital asset trading platforms that has already affected the operations of several exchanges. Crypto Exchange Binance Exits Canada’s Ontario Binance, which is one of the world’s leading cryptocurrency […]

The FCA (Financial Conduct Authority) has this weekend banned Binance from all regulated activities in the UK. Britain’s financial watchdog issued a warning on its website saying: Bank Account Alternative. Business Account IBAN. “Binance Markets Limited is not permitted to undertake any regulated activity in the UK. This firm is part […]