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Tag Archives: Cryptocurrencies

Report: Cryptocurrencies Should Be Governed by Current EU Financial Laws

The Securities and Markets Stakeholder Group (SMSG) has released a new report suggesting that the European Securities and Markets Authority (ESMA) recommend to the European Commission that it regulate the cryptocurrency space with existing legislation rather than instilling new rules and laws. The report specifies that most crypto assets are covered by the Unfair Commercial Practices Directive, which regulates unfair ...

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Crypterium to Allow Its Users to Shop on eBay, Refill PayPal and Bank Accounts With Cryptocurrencies

In recent months, reports have emerged stating that PayPal, the leading online payments provider may be making a move in favor of cryptocurrencies. This has been echoed by PayPal’s previous business companion eBay. Yet, there seems to be an alternative in the market. Blockchain-based startup Crypterium led by former Visa UK CEO Marc O’Brien enables its users to send crypto ...

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Minting the Future of Cryptocurrencies

In 2009, Bitcoin was ushered in as an alternative to fiat currency, promising to revolutionize the future of peer-to-peer spending. Since then, it has spawned scores of other cryptocurrencies with various value propositions and potential. The meteoric growth of cryptocurrencies underscores the role of tech innovation in fueling the future of value exchange. Now, there’s talk of a new era ...

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Report: Decentralized Cryptocurrencies Losing Market Share to Centralized Cryptoassets

In a new 79 page CryptoCompare report, the cryptocurrency information website attempts to taxonomize current cryptoassets and finds that cryptocurrencies focused on decentralization and payments have lost market share to more centralized coins. In the extensive report, they started off by detailing their overall CryptoCompare Archetype to illustrate the overall cryptocurrency environment. Source: CryptoCompare Cryptoasset Taxonomy Report https://www.cryptocompare.com/media/34478555/cryptocompare-cryptoasset-taxonomy-report-2018.pdf One of ...

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“99 Percent of Cryptocurrencies are Worth Zero”

The interview has been edited and condensed. Nouriel Roubini is a New York-based economist that famously predicted the 2008 financial crisis when only a few considered there might be a threat to the existing course of events at the time. A Harvard alumnus and now a professor at NYU Stern School of Business, Mr. Roubini has always been critical of ...

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6 Cryptocurrencies With Cheaper Transaction Fees Than Venmo

In the financial industry, transaction fees are always considered to be a very big problem. Although Venmo always had relatively low transaction fees, that has now come to change. The company will charge a flat 1% on all amounts, which makes the following six cryptocurrencies a lot cheaper to use. #6 Bitcoin Most people will readily agree Bitcoin is far ...

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Cryptocurrencies Pose No Risk to Global Financial Stability: International Watchdog

A report published by the Financial Stability Board (FSB) on Wednesday, claimed that cryptocurrencies do not pose a risk to global financial stability at the present time while suggesting crypto markets need to be monitored. The report, which focuses on an assessment of the likely implications of crypto-assets for financial stability is a follow-up on an initial assessment carried out in the ...

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New Google Ad Jokes About the Sky-High Cost of Mining Cryptocurrencies

In a recent ad about its Call Screen service, Google has revealed its feelings about Bitcoin and other cryptocurrencies, jibing at the massive electricity costs associated with mining them. Call Screen service is a new Android feature developed by the search giant, which will help put an end to telemarketing calls. The feature, which involves Google Assistant answering a call ...

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Binance Delists 4 Cryptocurrencies, Sending All of Them Crashing

As of yesterday, October 9th, 2018, Binance, one of the world’s largest and most popular cryptocurrency exchanges, has announced that they will be delisting four tokens from their trading platform until further notice. The announcement was made early yesterday morning on the exchange’s website and stated that due to the Binance team’s dedication to protecting the safety of their users, ...

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