DeFi is one of the main driving forces behind the cryptocurrency revolution. This may come as a surprise to many as it has...

People’s Bank of China (PBoC), the country’s central bank, has today directed local banks and payment institutions to stop providing cryptocurrency-related services such as account opening, trading, clearing, and settlement. The news has fueled a bearish sentiment in the crypto markets as bitcoin fell to $32,000. PBoC Calls For Further Crackdown On Crypto The Central […]

BTC was in the uptrend for a short duration and even broke through its immediate resistance at $40,000 and stayed above this psychological level for two days. But Chinese crackdown on mining companies has put a huge dent in BTC valuations. Even the hash rate for BTC mining fell by 18%. First, China banned financial …

MicroStrategy has announced an additional Bitcoin purchase to the tune of $489 million.

In its latest effort to crack down on crypto trading activities, the central bank ordered attending banks to cut off any funding channels for crypto OTC merchants if found. The People’s Bank of China issued a statement on Monday, saying that it has recently summoned a meeting with several domestic banks and mobile payment service providers. China […]

Read full post People’s Bank of China orders domestic banks to cut off any funding channels for crypto OTC merchants. on Chaintimes.com.

Last week, Dataconomy’s Stewart Rogers served as master of ceremonies for a CogX Open Web panel I participated in along with Muneeb Ali...

Bank TSB is set to become the latest financial institution in the United Kingdom to prevent customers from investing in crypto.

In recent years, more and more people have been looking for a way to have complete control of their money. For a number of reasons, traditional financial institutions have taken a lot of flak. And one of the key answers to this problem is DeFi. Decentralized Finance protocols take control of your money back from […]

The digital currency project could be ready for a pilot phase within the next…

The post Nigeria’s Central Bank Could Launch Digital Currency By End of 2021 appeared first on Coin Journal.

The central bank of China has told domestic banks to cut off the funding channels of crypto over-the-counter merchants.

The post PBoC orders Chinese banks to cut off accounts for crypto OTC merchants — reiterating 2017 banking ban appeared first on The Block.

Grayscale, the largest Bitcoin fund is gearing up to release shares equivalent to 16,000 BTC in the market, fuelling fears of enhanced volatility.