Canada became the first country in the world to approve the creation of a fund listed in bitcoin, which will make it easier for small investors to access this cryptocurrency.
The fund will start trading on the TSX from February 18 after eight months of discussions between Purpose Financial and OSC,…
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PayPal is ready to double its bet on crypto
By 2021, the renowned digital payments company, PayPal, is expected to exceed the expectations of many with the new proposal called Buy, Hold, and Sell Cryptocurrencies, which intends to double the bet maintained by the company towards…
Digital ruble could contain cybersecurity risks
This Wednesday, the Association of Banks of Russia (ABR) has published its comments about the digital ruble and the risks that the cryptocurrency may have directly related to cybersecurity and fraud.
As specified in the report, the…
Estonia revokes the license of more than a thousand crypto companies this year
Two thirds of cryptocurrency businesses in Estonia have had their licenses revoked in 2020, and in what this year 70 % of crypto-associated companies have had their permission to work with digital currencies invalidated.
According to…
Facebook expects new crypto to gain acceptance by authorities
The popular social network Facebook plans to boost its cryptocurrency with a new name next year. However, the final decision is up to financial regulators.
David Marcus, head of Facebook Financial or F2, assures that it is the right moment…
South Korean banks to launch cryptocurrency services this year
Many South Korean banks will be able to launch cryptocurrency custody services by the end of 2020 or no later than March of next year, after a “significant change in acceptance” has led the banking sector to move toward the crypto business.…
TikTok opens its code and urges the competition to do the same
TikTok has announced new transparency measures that include the disclosure of its application code, a step with which it faces the scrutiny to which it has been subjected in the United States and with which it urges the industry to follow…
Company fined for offering unauthorized bitcoin operations
The United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) announced on Monday the fines applied to the company Abra who offered unauthorized bitcoin trading.
The application aimed to…
Libra from Facebook to stablish a new financial system
After strong regulatory and political pressures seen in a large number of the countries of the world with respect to the stablecoin of Facebook, libra, the managers of the social network with greater percentage of users raises to generate…
Ukraine finally approves the use of cryptocurrencies
The Ukrainian regulatory bodies approved on Monday the implementation of the new law that legalizes payment with cryptocurrencies in the region.
The amendment indicates that citizens are authorized to trade with digital assets, provided…
Russian church must pay for cryptocurrency mining
The Russian authorities have followed the evangelical church Grace for suspicions of mining cryptocurrencies. Regulatory officials followed the recent electricity bills of the religious organization due to the considerable increase in the…