Cryptocurrency Analysis and News Portal
While we have seen a few crypto-based smart cards over the past year, the Japanese multinational conglomerate holding company Softbank just raised the bar a notch higher as it launched a set of ‘actual’ smart cards with cryptocurrency wallet functionalities.As opposed to previous cryptocurrency cards that perform basic operations of
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Speaking at BlockShow Asia 2019, aBey Foundation co-founder Dr. Ciprian Pungila announced aPay, a payment system that lets the cryptocurrency community use its assets for daily payments via credit card integrations.aPay users can send their cryptocurrencies to the platform and gain access to three different credit cards that operate
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In order to curb the fast depleting foreign reserve in Argentina, the Central Bank of the Argentine Republic has placed a stringent restriction on the amount of Bitcoin(BTC)trade and US dollar its citizens can purchase, and limited the means with which people could make such purchases.Argentina’s economy may have hit
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After recently imposing limits on U.S. dollar purchases, the Central Bank of Argentina (BCA) announced Oct. 31, that citizens are prohibited from using credit cards to buy Bitcoin (BTC) or other cryptocurrencies. The news was initially reported by CryptoX Brazil on Nov. 1. All in the name of preserving forex
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Nexo, a crypto lending institution, announced that it has lowered the interest rates on its instant crypto credit lines.Lowest rates in the blockchain ecosystemIn a press release published Oct. 22, Nexo announced that it was lowering interest rates on its credit line service after securing long-term cost-efficient financing. The
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Major bank HSBC has announced the successful enactment of a letter of credit (LC) on a blockchain in Malaysia.The transactionEnglish language local fintech news outlet Fintech News Malaysia reported the development on Oct. 14, noting that the transaction involved packaging firm Simply Packaging importing resin from an unspecified Singaporean
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Wales plans to test and subsequently launch its own cryptocurrency to boost the local Small and Medium Enterprises (SME) economy. Local news outlet Business Cloud reported on Oct. 15 that the Welsh Government awarded £100,000 from the £4 million Foundational Economy Challenge Fund to develop the system. The funding will
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Sberbank, the largest bank in Russia with a regional and global presence, has suffered a major data breach. Personal information belonging to millions of clients is now being sold on
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San Francisco-based nonprofit Kiva, a company that crowdfunds loans for financial inclusion, has launched a blockchain platform for credit history with the government of Sierra Leone.According to a Reuters report on Aug. 21, Kiva and President of Sierra Leone Julius Maada Bio jointly launched the blockchain initiative in the
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In less than a month of its launch, BiboxEurope – the European arm of AI-enhanced digital asset exchange platform Bibox has added another feather to its cap by announcing the launch of its Insta-Buy feature. The new feature will now enable BiboxEurope users to buy cryptocurrencies from within the platform
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