The Conference of State Banking Regulators (CSBS) on Tuesday announced a new regulatory regime for monetary services companies that would allow businesses to pass a one-time compliance test, rather than seeking a state-by-state license as it currently does.
Huobi Futures, the crypto derivatives market of Huobi Group, today announced the upcoming launch of Bitcoin (BTC) options for trading on September 1st at 10:00 UTC. The new options product follows the successful roll-out of Huobi Futures’ Perpetual Swaps earlier this year and aims to give traders more ways to create arbitrage and hedge risk in the crypto market.
The launch of a new app-based exchange feature by Edinburgh-based Zumo, the cryptocurrency wallet and exchange platform, has led to a surge in user demand as new investors continue the move towards bitcoin. The Zumo App’s GBP exchange function allows users to easily buy, sell, send and spend cryptocurrencies including Bitcoin and Ethereum without the need to use an intermediary such as a bank. Added to Zumo’s fully decentralised approach to... more
BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced that it has enhanced its service to make it easier for Coinbase users to spend crypto including USD Coin, Bitcoin, Ethereum and other cryptocurrencies at BitPay enabled merchants directly from a Coinbase account. BitPay’s enhancements allow consumers to make payments directly from the Coinbase account to BitPay merchants, eliminating the peer to... more
As businesses worldwide begin coming out of lockdown into uncharted territory, adapting and surviving the economic and social impacts of COVID-19 is imperative as consumer behaviour, namely spending habits, continue to rapidly change. Alongside a 200% rise in “first-time” online purchases in April, Econsultancy recently reported a 33% increase in “online banking or use of mobile apps and payment methods”.
MVIS CryptoCompare Bitcoin Index licensed to VSFG/Arrano Capital Index to underlie Hong Kong´s first regulated Bitcoin Fund
MV Index Solutions GmbH (MVIS®) in partnership with CryptoCompare, the global leader in digital asset data, announced the licensing of the MVIS CryptoCompare Bitcoin Index (MVBTC) to Arrano Capital, the blockchain arm of Venture Smart Asia Limited, for its recently launched Bitcoin fund. The fund, which tracks the price of Bitcoin, uniquely features daily subscription and redemptions, offering investors greater ease of access, security and... more
A report on intentional holdings of Bitcoin published today by digital assets derivatives exchange ZUBR, shows that, if current investment trends continue, daily demand will dwarf the new market supply of bitcoins mined after 2028, when the reward declines further. Exclusive data from the blockchain and market analytics firm, Chainalysis, was used to analyse whether there was a growth in wallet addresses (or accounts) that could be viewed as “... more
Danny Scott, CEO at CoinCorner, commented: “Rumours have been circulating that PayPal is rolling out a service that will allow its 325 million customers to buy and sell Bitcoin. Until now, PayPal has seemingly shown no interest in Bitcoin - founding CEO, Bill Harris has even publicly denounced Bitcoin in the past.
CoinCorner, a UK Bitcoin exchange, has launched a new auto buy Bitcoin service which gives customers the opportunity to make Bitcoin purchases on a regular, automatic basis. Complementing the exchange’s key services of buying and selling Bitcoin, the new auto buy feature is easy for customers to set up - simply create a standing order with your bank, and choose how much and how often you would like to buy Bitcoin.
CoinCorner, one of the UK’s leading Bitcoin exchanges, has recently launched a new service that will reward customers with Bitcoin when they shop online. The Bitcoin cashback service is the first-of-its-kind to launch in the UK and CoinCorner has partnered with more than 400 top UK retailers, including household names such as Burton, Twinings, Confused.com, Tails.com, Ninja, Royal Doulton, New Era, Morphy Richards and more, to enable customers... more
Bitstocks, an established UK-based Bitcoin market advisory and educational media house, has spent the last couple of weeks broadcasting bitcoin across the airwaves in an attempt to re-educate the UK about the utility of bitcoin and blockchain technology.
10th anniversary of Bitcoin Pizza Day: bitFlyer Europe reveals what the BTC price of two pizzas could have bought you since
To celebrate the 10th anniversary of Bitcoin Pizza Day – an important day in the digital currency calendar, marking the first time Bitcoin was used to purchase goods – bitFlyer Europe has looked back at the value of the digital currency on the same day each year since.
Bitcoin’s historic halving event on Monday underscores that the “long-term future of cryptocurrencies is secure”, says the CEO and founder of one of the world’s largest independent financial advisory organisations. The comments from deVere Group’s Nigel Green come as the world’s supply of Bitcoin was forever slashed on Monday. The highly anticipated halving event, occurring only every four years, means that less and less Bitcoin – which is... more
Bitcoin, the world’s best known and arguably most successful crypto, will undergo a halving on the 12th May. According to Simon Peters, analyst at investment platform eToro, the halving could not only see the price of bitcoin rise, as it has done following previous halvings, but it could also result in a whole new brand of crypto investors. The halving, which will be the third time it has happened on bitcoin, will see the block halve from 12.5... more
CryptoCompare is pleased to announce that the MVIS CryptoCompare Institutional Bitcoin Index has been licensed to 3iQ Corp for The Bitcoin Fund (Ticker: QBTC.u on the Toronto Stock Exchange). The exchange listing will take place on Thursday, April 9th. The MVIS CryptoCompare Institutional Bitcoin Index is a rules-based index, intended to give investors a means of tracking the performance of Bitcoin on selected top tier exchanges. These... more