Author: nbelov

Circle has launched a new feature for its crypto investment app that lets users invest in its seven supported coins at once. Goldman Sachs-funded Circle Internet Financial Ltd. has launched a new feature for its crypto investment app Circle Invest that makes it easier for “newbies” to enter the market. The feature, dubbed “Buy the…

Crypto exchange Huobi Pro has launched a new market index that tracks the ten top-traded digital assets on its platform. Crypto exchange Huobi Pro has launched a new market index for its platform, according to a company press release today, May 23rd. Huobi is currently the third largest crypto exchange in the world by trading…

Plans are afoot in India to apply goods and services tax to cryptocurrency transactions, anonymous sources have said. India is working on proposals to make cryptocurrency transactions subject to goods and services tax (GST), sources told Bloomberg May 23. According to the anonymous parties with “direct knowledge” of the plans, the government’s Central Board of…

Crypto markets are seeing significant losses across the board, with all top ten coins by market cap in the red, and BTC trading volumes in decline. Crypto markets are seeing significant losses across the board, with all top ten coins by market cap in the red, as Coin360 data shows. Market visualization by Coin360 Bitcoin…

A former Obama advisor and Democratic congressional candidate has come under attack from his rival for accepting BTC donations to his election campaign. Democratic congressional candidate Brian Forde has been targeted by anti-crypto political advertising for accepting Bitcoin (BTC) donations to his campaign, VICE reported Tuesday, May 22. Forde’s rival Dave Min, who is also…

sponsored A startup plans to bring cryptocurrencies and blockchain to the masses by opening brick-and-mortar stores in global cities where people can open a crypto account, trade digital currencies, and onboard digital financial services. Ubanx, a crypto startup, plans to bring digital currencies to the real world and accelerate their mass adoption by opening brick-and-mortar…

Nobel Prize-winning economist Robert Shiller says that cryptocurrency is ‘nothing new,’ and is the contemporary iteration of an old idea. In a May 21 article entitled “The Old Allure of New Money,” the 2013 Nobel laureate of Economics Robert Shiller calls crypto the newest iteration of alternative currency ideas. Shiller outlines the various types of…

A South Carolina securities regulator has issued a cease-and-desist order to a blockchain startup for violation of the state’s securities statutes. On May 21, blockchain startup ShipChain was issued a cease-and-desist order from the South Carolina Attorney General's Office for violating the state’s securities statutes. According the official notice, the company continuously offered investment opportunities…

Argentinian Banco Masventas has partnered with a blockchain-based financial services provider to use Bitcoin as an alternative for international payments. Argentinian Banco Masventas (BMV), has announced a partnership Bitex to enable clients to use Bitcoin for international payments as an alternative to SWIFT, according to a Facebook post May 21. Bitex is a blockchain-based financial…

The US Department of Defense is uncertain on how to proceed with processing security clearances of candidates who hold crypto assets. The recognition of Bitcoin as a form of foreign currency could potentially have an impact on decisions in recruiting new employees to the US Department of Defence (DoD), Bloomberg reported May 22. The Pentagon’s…