Business

Crypto and Blockchain News From Japan: Oct. 14–20 in Review

[ad_1] The cryptocurrency- and blockchain-friendly country of Japan has seen a number of significant developments for the industries this past week. A self-regulatory organization has introduced guidance for cryptocurrency custodians, while a subsidiary of major financial services firm SBI Holdings will conduct compliance policies using blockchain technology. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph Japan.Japan Cryptocurrency Business Association releases guidelines on
EXCHANGES

Bittrex Pulls Out of 31 Markets Citing Regulatory Uncertainty

[ad_1] Cryptocurrency exchange Bittrex is discontinuing operations in 31 countries, including Venezuela and Zimbabwe. The trading platform has justified its decision on the basis of the regulatory uncertainty in these jurisdictions. Some of the nations in the list are going through political turmoil and socio-economic challenges. Also read: Russia Blocks 2 Crypto News Websites Zimbabwe and Venezuela Among Restricted Nations Bittrex International, the global trading platform managed by the Seattle-based
Business

Crypto Markets Are Turning Green, Bitcoin Recovers Above $8,200

[ad_1] Sunday, Oct. 20 — Crypto markets are slowly turning green, with Bitcoin (BTC) showing signs of recovery as it finds its way back above the $8,200 price mark.Cryptocurrency market daily overview. Source: Coin360Bitcoin has been trading below the $8,000 price mark for the better part of the day but is showing signs of recovery in recent hours. The world’s largest cryptocurrency traded at an intraday low of around $7,950, before
BLOCKCHAIN

Remittances Partnership to Use Cambodia Central Bank’s Blockchain System

[ad_1] Malayan Banking Bhd (Maybank) has signed a memorandum of understanding (MoU) with the National Bank of Cambodia (NBC) on cross-border payments and remittances.On Oct. 16, Malaysian business news outlet The Edge Markets reported that the largest bank in Malaysia, Maybank, will work together with the National Bank of Cambodia to promote cross-border payments and remittances.With the MoU, Maybank Malaysia, Maybank Cambodia and NBC will explore the possibility of transferring
EXCHANGES

Earn More Interest on Your Crypto With These Comparison Tools

[ad_1] 2019 has been the year in which crypto lending has really taken off. Centralized and decentralized finance have been major growth areas, aided by crypto exchange integration and a backdrop of negative interest rates in the banking sector. Why be penalized for saving fiat when you can be rewarded for saving crypto? Also read: How to Trade Crypto in Person Safely Crypto Lending Options Are Stacking Up Competition among
Business

Facebook Could Use Fiat-Pegged Stablecoins for Libra

[ad_1] Facebook is reportedly open to the idea of using national currency-pegged stablecoins for its forthcoming Libra project.According to Reuters on Oct. 20, David Marcus, the head of the Libra project for Facebook and CEO of Facebook’s wallet service Calibra, said that Libra could use various fiat-based stablecoins, instead of the initially proposed token. Speaking at a banking seminar on Sunday, Marcus reportedly stated that the main goal of the project
BLOCKCHAIN

Samsung SDS Partners With Tech Mahindra for a New DLT Product

[ad_1] Samsung SDS, the IT subsidiary of global tech giant Samsung, has announced a joint initiative to launch a new blockchain-based traceability product.To develop the new project, Samsung SDS partnered with American software firm Pega and Tech Mahindra, a subsidiary of major Indian multinational conglomerate holding company Mahindra Group, according to a press release on Oct. 16.Specifically, the joint initiative will be a combination of Samsung SDS’s enterprise blockchain platform
BLOCKCHAIN

Crypto News From Brazil: Oct. 14–20 in Review

[ad_1] Brazil has seen another tumultuous week in the cryptocurrency industry as the president of investment scheme Unick Forex said it will only pay customers who have kept their receipts, the 18th million Bitcoin (BTC) was mined, and the alleged pyramid scheme Atlas Quantum denied that videos with balances at Gate.io and HitBTC are fake.Here is the past week of crypto and blockchain news in review, as originally reported by
BUY/SELL

Why Is Bitcoin Price Going Up? 4 Indicators Suggest a Potential Bottom

[ad_1] Bitcoin price (BTC) has continued to fend off support in the $7,800 region for what will be the fifth week running at the end of today. With the BTC price currently back up over $8,200, several indicators suggest that a potential reversal may be in the cards. Weekly Crypto Market Performance. Source: Coin360.com1. Bitcoin price support holds againBitcoin price seems to have found a bottom for the time being. Both on
BLOCKCHAIN

Crypto News From the Spanish-Speaking World: Oct. 13–19 in Review

[ad_1] The Spanish-speaking world has seen another week of major cryptocurrency and blockchain developments with the Mexican government announcing a new alliance to support the development of blockchain initiatives.Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph en Español.Mexican government announces an alliance to support local blockchain developmentOn Oct. 14, the Federal Ministry of Economy of Mexico and the Internet Association MX