Category Archives: FinTech News

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Brazilian Crypto Businesses, Exchanges Create “Rival” Cryptocurrency Associations

Brazilian Crypto Businesses, Exchanges Create “Rival” Cryptocurrency AssociationsBrazil’s largest cryptocurrency exchanges, including Bitcointrade, Mercado Bitcoin, Foxbit, and others, recently joined forces to create a cryptocurrency association whose goal is to defend the interests of cryptocurrency users. The organization, dubbed Associação Brasileira de Criptoeconomia (ABCripto) recently found out other companies created a “rival” association. Headed by… Read More »

‘S-Coin’: Seoul Mayor Floats Launching Cryptocurrency for South Korea’s Capital City

‘S-Coin’: Seoul Mayor Floats Launching Cryptocurrency for South Korea’s Capital CityOne of the world’s largest cities may soon have its own cryptocurrency, at least if Seoul Mayor Park Won-soon succeeds in his bid to launch “S-Coin.” Park, who will seek a third term as mayor in the June elections, told CoinDesk Korea that S-Coin —… Read More »

Venezuela’s Petro “May Help the Global Currency System”: Chinese Credit Rating Giant

Venezuela’s Petro “May Help the Global Currency System”: Chinese Credit Rating GiantThe post Venezuela’s Petro “May Help the Global Currency System”: Chinese Credit Rating Giant appeared first on CCN Dagong Global Credit Rating, one of China’s biggest credit rating agencies, recently published a report commenting on Venezuela’s oil-backed cryptocurrency, the Petro (PTR). Per the report,… Read More »

Square Sees Bitcoin as a ‘Transformational Technology,’ Could Launch Cryptocurrency Exchange

Square Sees Bitcoin as a ‘Transformational Technology,’ Could Launch Cryptocurrency ExchangeThe post Square Sees Bitcoin as a ‘Transformational Technology,’ Could Launch Cryptocurrency Exchange appeared first on CCN Digital payments firm Square views Bitcoin as a “transformational technology,” and analysts predict that the company could one day launch a cryptocurrency exchange. Bitcoin a ‘Transformational Technology,’ Says… Read More »

Venezuelan President Claims ‘Petro’ Has Received 171,000 Pre-registrations

Venezuelan President Claims ‘Petro’ Has Received 171,000 Pre-registrationsThe post Venezuelan President Claims ‘Petro’ Has Received 171,000 Pre-registrations appeared first on CCN The initial coin offering (ICO) presale for Venezuela’s high-profile ‘Petro’ cryptocurrency has been a resounding success — at least according to state-run media outlets. Venezuela Claims ‘Petro’ Cryptocurrency Has Received 171,000 Intents to Contribute… Read More »

Bitwise Exec Predicts Trillion Dollar Crypto Market Cap this Year

The post Bitwise Exec Predicts Trillion Dollar Crypto Market Cap this Year appeared first on CCN Matt Hougan has made a career shift from ETFs to cryptocurrencies. He jumped from the traditional fund market to a cryptocurrency index-fund manager, a market he described to Bloomberg as a “generationally significant opportunity with interesting challenges.” He joins… Read More »

Blockchain Technology Officially Enters the Oil and Gas Industry

The post Blockchain Technology Officially Enters the Oil and Gas Industry appeared first on CCN Oil and gas companies can rejoice, as Ethereum-powered blockchain technology is officially being adopted into a major industry. The oil and gas industry is generally considered slow to change, however, since the oil glut that drove prices to record lows… Read More »

Facebook Bans All Cryptocurrency Ads Including Bitcoin, ICOs

The post Facebook Bans All Cryptocurrency Ads Including Bitcoin, ICOs appeared first on CCN Facebook is firing back against misleading and deceptive ad practices, and ICOs, cryptocurrencies and binary options are at the top of their list. In a blog post by Facebooks’ Rob Leathern, the social media giant is trumpeting a new policy, banning ads… Read More »