Argentina Boosts Interest Rates To 60% To Stop Currency Plunge
Latin America's third-largest economy is in deep trouble. Heavy government borrowing has placed the Argentinian economy in downward spiral. At the beginning of the week, President Mauricio Macri asked for the accelerated release of the $50 billion loan the country
Read MoreMorgan Creek Launches Digital Asset Fund With Bitwise
There's some good news for institutional investors wanting to enter the cryptocurrency market. Morgan Creek Capital has just launched a new Digital Asset Fund. The new fund which has been launched in partnership with Bitwise will allow institutional investors a
Read MoreBitcoin Takes A Hit, Whilst Crypto Tokens Make Gains
Bitcoin and other major cryptocurrencies are taking hits to their value but crypto tokens are going in the opposite direction. According to recent data, tokens like ICON and Wanchain have experienced a 20 to 40 percent rise in value. Further
Read MoreFCA Grants Third E-Money License To Crypto Firm
There are a number of countries such as India and China who have completely washed their hands when it comes to dealing and growing the cryptocurrency market. Due to the controversies surrounding cryptocurrencies, some countries have decided their best interests
Read MoreThailand Plans For A Central Bank Issued Digital Currency
Thailand has released its preliminary roadmap for Project Inthanon. This project will see the launch of a central bank-backed- digital currency. This is a bold move from Thailand who will also set up a Central Bank for the launch of
Read MoreBinance’s Strict Guidelines Stop Bitcoin Being Listed Today
For cryptocurrencies, being listed on an exchange is one of the overriding goals. Without exchange presence, a cryptocurrency would never have a market presence. The bigger the exchange, the more noticeable their market presence is. This is why getting on
Read MoreShould SEC Heed Trump To Stop Quarterly Earnings Reports?
President Donald Trump is no stranger to starting controversies with his tweets. His latest one has caused a few waves in financial circles. Citing a talk with Pepsi’s outgoing CEO Indra Nooyi, Trump said that instead of quarterly financial reports,
Read MoreMore Than 30% Of UK Businesses Hit By Cryptojacking Wave
A recent study by Citrix has revealed that more than 30 percent of all UK businesses were hit hard by crypto hackers this July. This time it was the spread of malware that allowed them to use the processors of
Read MoreVenezuela Set To Create New Cryptocurrency Central Bank
Venezuela is planning to reform its Constitution and one of the primary changes included will be the creation of a central bank for cryptocurrencies. This announcement was made by Hermann Escarrá, who is described as an influential member of the
Read MoreFinCEN Receives 1,500 Virtual Currency Complaints Every Month
When financial crimes happen in the United States, one of the agencies which gathers data on them is the Financial Crimes Enforcement Network (FinCEN). Founded in 2013, their mission is to protect the financial system and fight money laundering. With
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