USA vs. China: Who will win the digital currency war?

USA vs. China: Who will win the digital currency war?

Co-founder and managing partner at Electric Capital, Avichal Garg, is convinced the only way for the U.S. to catch up with China in the digital currency war is by embracing privacy-focused cryptocurrency.

According to Garg, the Chinese are already far …

Digital identity is the future

Digital identity is the future

Speaking at the online launch event for the Global Digital Asset & Cryptocurrency Association on Friday — a Chicago-based group focused on regulatory clarity and industry security — U.S. Representative Bill Foster explained the importance of a “secure digital identity.” 

“You …

Pantera is placing a heavier bet on DeFi than the rest of the market

Pantera is placing a heavier bet on DeFi than the rest of the market

In an October 6 webinar, Pantera Capital disclosed that their Digital Asset Fund intends to invest more heavily into DeFi assets than the rest of the market. 

Source: Pantera Capital.

Pantera’s co-chief investment officer, Joey Krug said that unlike other funds that allocate …

OKCoin opens doors to crypto traders in Singapore

OKCoin opens doors to crypto traders in Singapore

According to an Oct. 8th announcement from OKCoin, the exchange is opening its doors to crypto traders in Singapore five months after getting the appropriate exemption from the country’s financial watchdog.

OKCoin already offers support for the Singapore dollar, and …

EU removes crypto hotspot from tax haven blacklist

EU removes crypto hotspot from tax haven blacklist

The Cayman Islands is a popular jurisdiction for crypto businesses. It was added to the EU’s blacklist in February of this year, so it has spent fewer than six months on the list. In 2019, the six exchanges domiciled there

Trump delays stimulus, Bitcoin dumps shortly thereafter

Trump delays stimulus, Bitcoin dumps shortly thereafter

Back and forth discussions with regard to a second stimulus package for the people of the United States have been ongoing for months.

Today, President Trump decided to push the matter back until after the 2020 presidential elections have concluded. …

Bitcoin had a tendency of adding zeroes to its price

Bitcoin had a tendency of adding zeroes to its price

n its latest crypto newsletter, Bloomberg observes that Bitcoin (BTC) “has had a tendency of adding zeroes to its price,” noting that the asset previously went from $1,000 to $10,000 in less than four years.

Maturation may have slowed this …

Fraudsters are switching from credit cards to Bitcoin

Fraudsters are switching from credit cards to Bitcoin

Fraudsters are taking advantage of the irreversible nature of crypto transactions, says MyChargeBack’s vice president of global operations, Michael Cohen. When Bitcoin (BTC) was first envisioned, one of its selling points was the fact that it was offering better protection

How is ECB helping Bitcoin to get the next wave of liquidity

How is ECB helping Bitcoin to get the next wave of liquidity

The European Central Bank is moving further and further away from its roots: Now the ECB President, Christine Lagarde, announced on Wednesday that she was rethinking the inflation target. Such a change would have serious consequences for German savers – it

Bitcoin does not collect enough customer data

Bitcoin does not collect enough customer data

Cryptocurrencies have failed to strip their association with shady financial practices. A new study by Ciphertrace shows: crypto exchanges and comparable service providers continue to have a lot of catching up to do when it comes to anti-money laundering measures.

In …