Cryptocurrency Analysis and News Portal
press release PRESS RELEASE. JPEX, a licensed digital bank designed to enable the buying and selling of virtual and digital currencies, has announced its partnership extension with the Australian-based football club, Western Sydney Wanderers. This contract renewal will see the crypto trading platform continue providing needed support to the A-League
Read More
India is the global leader in non-fungible token (NFT) gaming, while the number of play-to-earn (P2E) players in developed countries like the U.S. and France is significantly lower than in much of the rest of the world, the latest data from Finder has shown. More People Plan to Play in
Read More
Any currency can be traded via SWIFT, but more than 40% of its deals are dollar-denominated, so it tends to reinforce the U.S. dollar-based system. It should be no surprise, then, that in 2015, China launched a SWIFT competitor, the Cross-Border Interbank Payment System (CIPS), to boost international use of
Read More
Remittance giant Western Union has joined other financial services companies supporting sanctions in response to Russia’s invasion of Ukraine. The decision will affect customers in the Russian Federation as well as those in Belarus, an ally of Moscow, backing its military operation. Western Union Condemns Invasion of Ukraine, Halts Services in
Read More
With the concerns of Janet Yellen and Hillary Clinton notwithstanding, there isn’t enough cryptocurrency in the world to bail out Russia from the economic hole which it now finds itself to be settling into. Even if there were a large enough supply, it probably wouldn’t enable the state to escape
Read More
Authorities in Russia may begin to seize funds of foreign nationals and companies that are in the country, former Russian President Dmitry Medvedev has indicated. His warning comes as the West continues to expend penalties imposed on Moscow over its military invasion of neighboring Ukraine. Medvedev Warns Persons and Entities From
Read More
BusinessBTIG analyst Mark Palmer says traditional money-transfer firms are likely to face increased pressure from crypto projects.By Michael BellusciOct 20, 2021 at 2:43 p.m. UTCUpdated Oct 20, 2021 at 2:43 p.m. UTCWestern Union (Sean Gallup/Getty Images) Original Source
Read More
The Republic of El Salvador has made many headlines this week as the country adopted bitcoin as legal tender on Tuesday and became the first-known nation-state to purchase the leading crypto asset. A recent report details that remittance providers like Moneygram and Western Union could lose up to $400 million
Read More
Mohamed El-Erian, chief economic advisor at Allianz, has called for greater cooperation between western governments and crypto businesses to better leverage the benefits of the ongoing cryptocurrency revolution.In an article published in the Financial Times on Thursday, the famous economist highlighted China’s unified approach to dealing with crypto and blockchain
Read More
The session will focus on the diminishing role of cash and the emergence of central bank digital currencies, moves accelerated by the pandemic. Source
Read More