The People’s Bank of China has issued a statement ordering commercial banks to cut off all digital currency-related activities, including over-the-counter digital currency trading merchants. PBoC recently summoned the country’s leading banks and payment providers as part of the fresh crackdown amid the bank’s efforts to step up its CBDC pursuit. The latest is the […]

US Hispanic market focused Palladium Equity has hired Meahgan O’Grady in the newly-created position of director of business development to work with deal...

In a recent interview, Chris Giancarlo, former chairman of the CFTC, discussed the prospects of a CBDC and what the US needs to secure an edge in this race.

The Agricultural Bank of China (AgBank) has announced that it will follow the central bank’s guidelines to cease service to cryptocurrency users. China set to ban all crypto-related Activities AgBank is the third largest commercial bank in China and met with the People’s Bank of China to receive instructions. Other banks who attended the meeting […]

The post Chinese Banks Crack Down On Cryptocurrency Users appeared first on CryptoCoin.News.

China Orders Banks to Stop Facilitating Crypto Transactions | Canadian Regulator Targets Crypto Exchange Bybit | VanEck Files Draft Prospectus For Bitcoin Futures Mutual Fund

Introduction The world is a changed place when compared to how it was decades ago. The changes can be seen in infrastructure, technology, commerce, monetary systems, and much more. The rate at which development is catching up with the world is dynamic and of the latest inventions that are changing the way we live, blockchain […]

In preparation for the go-live of the new crypto exchange law scheduled to take effect in September 2021, South Korean exchanges are actively delisting obscure altcoins from their platforms, as the crypto-supporting lenders including NH Nonghyup Bank, and Shinhan Bank, among others, is now reviewing the operations of these exchanges to ensure they are fullyRead More

Bitcoin and Ethereum prices took a big hit as major Chinese banks paused all crypto-related transactions.

The post Ethereum, BNB, XRP see big drops as Bitcoin hashrate falls. What’s next? appeared first on CryptoSlate.

The Bank of Israel has already carried out a pilot test on its central bank digital currency (CBDC), Deputy Governor Andrew Abir revealed at a conference.

Splash Financial, a digital lending platform that assists borrowers with shopping and comparing financial products from a Splash-powered network of lenders, recently revealed...

CNBC’s Jim Cramer has sold off almost all of his BTC holdings, predicting bearish fundamentals will suppress Bitcoin’s price for the foreseeable future.