Latest Articles
Cuba is Looking Into Cryptocurrencies to Avoid US Sanctions
By Janis Rijnieks
• 3 mins read
Today’s news report that Cuba is exploring the use of cryptocurrencies in order to avoid sanctions set by the United States. Other countries are expected to follow suit.
Gemini Set to Trade Crypto Securities, Applies for Broker License from FINRA
By Janis Rijnieks
• 2 mins read
Gemini, the Winklevoss brother owned cryptocurrency company, has recently applied for a FINRA broker-dealer license. This is a healthy step towards allowing their customers to lawfully swap digital securities.
Binance’s Elrond Lottery is Finished, Trading Starts on July 4th
By Janis Rijnieks
• 3 mins read
Binance along with Elrond has successfully finished its IEO (Initial Exchange Offering) lottery. It was completed with a 11,07% ratio of winning tickets. The trading of ERD will soon open on Binance exchange.
Facebook Applies For New York BitLicense for Its Libra Project
By Janis Rijnieks
• 3 mins read
Facebook has applied for a cryptocurrency business license. This is done in order for Facebook to operate within the state of New York with their new crypto project – Libra.
G20 Officially Has Regulated Crypto, FATF Guidelines Will Be Applied
By Janis Rijnieks
• 3 mins read
Just recently the outcome of the G20 summit in Osaka, Japan, has set in – cryptocurrencies are officially regulated by the G20. The G20 officials have agreed on applying the FATF guidelines to, mostly, cryptocurrency exchanges.
Facebook’s Libra Shook the Financial World, Banks Rush to Issue Cryptocurrencies
By Janis Rijnieks
• 3 mins read
Experts say that Facebook’s Libra will probably not reach the billions they claim, and it won’t affect the financial world and stability in general. However, while everyone is talking about Libra, banks are developing their own digital currencies.
G20 Must Come to a Multilateral Decision on Cryptocurrency Regulation: deVere Group CEO
By Janis Rijnieks
• 3 mins read
Many financial experts believe that the G20 summit, which recently ended in Osaka, Japan, should bring a multilateral decision on cryptocurrency regulation. The cryptocurrency market is proving that it is here to stay by growing almost +150% only this year.
Goldman Sachs Might Launch Its Own Cryptocurrency
By Janis Rijnieks
• 2 mins read
In recent French news, Goldman Sachs CEO, David Solomon, revealed that the company is looking into developing its own cryptocurrency, like JPMorgan Chase. Also, the company is researching asset tokenization and stablecoins as such.
Binance Wants to List Libra, Also Be Part of The Libra Association
By Janis Rijnieks
• 3 mins read
Judging by recent news, it appears that Binance is in talks with Facebook about either listing Libra or joining the Libra Association. Binance’s CSO, Gin Chao, confirmed that the exchange has had discussions with Facebook about a listing process.
Mark Zuckerberg Fights For Libra, Says Facebook Has Only One Vote in It
By Janis Rijnieks
• 3 mins read
Mark Zuckerberg commented on the newly-launched Facebook’s Libra crypto. He says that Libra Association is an independent organization and Facebook only has one vote in it. That way he emphasizes the trustworthiness of Libra.