Day: October 13, 2021

Voyager Digital a Step Closer to Operating in EU After French Regulatory Approval — CoinDesk

CryptoX – Cryptocurrency Analysis and News Portal The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk English ​ Original Source The post Voyager Digital a Step Closer to Operating in EU After French Regulatory Approval — CoinDesk appeared first on CryptoX. CryptoX Portal

Jewel Bank Wants to Become a Global Stablecoin Issuer, With Bermuda’s OK — CoinDesk

“The big challenge that happens, let’s say there was a run, let’s say there was a bankruptcy or some major issue. The holder of the stablecoin has no contractual claim on the funds in custody. The only one who does, who has any say, and can control the whole thing is the underlying issuer, which is not the custodian,” Barnett said. He said that such a crisis can be avoided if a private bank is both the issuer and the custodian. Source

Binance Coin eyes $560 next after BNB price ‘Cup and Handle’ breakout

The ongoing price boom in the Binance Coin (BNB) market is painting a classic bullish chart pattern with an upside target of $560. Dubbed as Cup and Handle, the pattern appears when the price forms an advance that appears like a U-shaped trend (Cup). That follows up with a formation of a descending channel range (Handle). A breakout above the Handle range typically leads to an upside continuation, with a bullish target at length equal to the Cup’s size. So it appears, BNB has undergone a price trajectory that looks…

US crypto trading Voyager Digital granted European trading license

Cryptocurrency platform Voyager Digital has been granted an official licensing approval from French regulatory bodies Autorité des marchés financiers and the Autorité de contrôle prudentiel et de résolution to facilitate a trading platform of 60 digital assets in the French and the European Union markets under the subsidiary LGO Europe SAS. Voyager, a United States-based, Canadian–listed company under ticker symbol VYGR.V, is reportedly the first organization outside of Europe to be designated a “Fit and Proper” approval status of this kind. In early August, Voyager penned an agreement with crypto payments firm…

Crypto scoring big with European football – Cointelegraph Magazine

The Beautiful Game. Soccer, or football, as those living in the “old world” tend to call it. It’s a sport that has many names, a sport that commands a support base of some 4 billion people.  The power of football is undeniable. Its best players, the Ronaldos and the Messis, are some of the most recognizable people on the planet. Its biggest teams have millions of fans scattered across the world and broadcasters reach more than half of the people on the planet. The European football industry alone turned over…

COINBASE ANNOUNCES DOGECOIN LISTING! (HUGE DOGECOIN UPDATE!) (ALL HOLDERS WATCH!)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io COINBASE ANNOUNCES DOGECOIN LISTING! (HUGE DOGECOIN UPDATE!) (ALL HOLDERS WATCH!) 🚀 🔵 Buy Bitcoin/Ethereum on Coinbase and we both receive $10 in Bitcoin! 🔴 Where do you buy altcoins? Use this Binance Referral ID code “J1OFU56” while creating a new account. You will get a lifetime discount of 10% over every trade: Business Enquiries – ceoguy@financevaluetv.org – – – – – – – – – – – – – – – – – – – – – – – – – –…

Moscow Not Planning to Ban Russians From Buying Crypto Abroad – Regulation Bitcoin News

Russia is not going to follow China’s course and does not plan to ban its citizens from purchasing cryptocurrency on foreign exchanges, a high-ranking government official has indicated. Russians will not be able to pay with digital coins in their own country but are free to use crypto wallets beyond its borders. Russians Can Purchase Cryptocurrencies on Foreign Exchanges Unlike the Chinese government, authorities in Moscow do not intend to impose restrictions on the purchase of cryptocurrency on digital asset exchanges based abroad, a statement by Russia’s deputy minister of…

Arcana Closes Strategic Round of $2.3 Million from Leading Investors to Deepen its Penetration into Web 3 Ecosystem

Blockchain firm Arcana Network has closed its latest round with a staggering $2.3 million funding from leading investors in the blockchain and crypto space. Arcana is a decentralized storage layer for DApps on Ethereum and other EVM compatible chains. The decentralized storage protocol received funding from several investors, some of which led at the strategic round. These include Republic Crypto headed by Kendrick Nguyen as the CEO, and another VC Woodstock Fund. Other investors that participated in the round include Digital Currency Group (DCG), Hyperedge, Sahil Lavingia’s shl.vc, Fenbushi Capital,…

Estonian regulator wants to revoke all crypto exchange licenses

Financial regulators in the Baltic country of Estonia want to revoke all crypto exchange licenses in an effort to start the entire regulatory regime anew. Matis Mäeker, head of the Estonian Financial Intelligence Unit (FIU), has urged the state to “turn the regulation to zero and start licensing all over again,” local state-run news agency Eesti Ekspress reported on Wednesday. Mäeker claimed that the public is unaware of the risks of the cryptocurrency industry. Formerly the head of the Anti-Money Laundering department at the Financial Supervision and Resolution Authority, the official pointed…