The Department of Banks of the State of Texas issued this January 4th a memorandum in which stablecoins are officially qualified as money. This indicates that its issuers now require a license to operate.
According to Charles Cooper, Commissioner of State Banking, "cryptocurrencies are generally…
Read More...
Browsing Tag
Currencies
Coinbase now allows transactions with PayPal
From now on, Coinbase customers who are resident in the United States will be allowed to make withdrawals with their PayPal accounts.
This was reported by Allen Osgood, who is member of the exchange company and who also assured that this…
Lithuania seeks to control fraud in transactions with cryptocurrencies
The banking and financial sector authorities in Lithuania had committed themselves to establishing a strong regulatory framework for cryptocurrencies. Everything went positively until recently there was a notorious increase in the exchange…
Binance plans to reach all continents
Binance, the world's largest platform for exchanging digital assets and fiat money, said it intends to build venues on all continents.
This was stated by its CEO, Changpeng Zhao, during CoinDesk's Consensus event, which is taking place in…
Bessant: Cryptocurrencies are a worrying means of payment
During an interview conducted by CNBC on cryptocurrencies, the Director of Operations and Technology of Bank of America, Cathy Bessant, expressed that this type of currency, as a payment system, "are worrisome", because the base of the…