Archives for: July 18th, 2022

Coinbase approved to offer cryptocurrency services in Italy

Written by: ( July 18, 2022 )

Cryptocurrency exchange Coinbase continues its aggressive European expansion. It has been approved to offer crypto services for Italy. Coinbase has announced that it received the approval of Organismo Agenti e Mediatori (OAM), the Italian Anti Money Laundering regulator. Nana Murugesan, Coinbase’s vice-president of international and commercial development, posted that the approval will allow Coinbase to […]

Use of cryptocurrency mixers on the rise worldwide

Written by: ( July 15, 2022 )

The use of “mixers,” or cryptocurrency companies that combine different assets to hide their origin, reached a peak of almost $52 million in April. This is an unprecedented amount of money moving through these services, researchers from cryptocurrency research firm Chainalysis discovered. The increase has been nearly twofold in illicit funds, which indicates that cybercriminals […]

Brazilian FinTech to introduce cryptocurrency exchange and stablecoin

Written by: ( July 12, 2022 )

Brazilian FinTech startup PicPay is interested in cryptocurrency. However, it’s not breaking into the ecosystem slowly. It will launch a stablecoin and a cryptocurrency exchange, as well as a crypto unit. PicPay is fully entering the cryptocurrency wormhole. It has announced a number of Web3-focused services that range from the launch of a stablecoin to […]

Manchester City taps cryptocurrency exchange OKX as latest partner

Written by: ( July 11, 2022 )

Cryptocurrency platform OKX will be Manchester City’s Official Training Kit Partner for the upcoming soccer season. It will be featured on the training kits of both the Manchester City women’s and men’s first teams. The team officially unveiled the training kit today when they returned for their first preseason training session. The women’s team will […]

Regulated bank in the European Union moves to adopt USDC stablecoin

Written by: ( July 8, 2022 )

Banking Circle, a European bank that specializes in cross-border payments, is using a stablecoin pegged to the US dollar on its payment rails. Officially the firm announced today the adoption of USD Coin (USDC) on its platform for payment acceptance, processing and settlements. Banking Circle’s new service for banks and payment providers allows the new […]

International arrest warrant issued for Spanish cryptocurrency scammer

Written by: ( July 6, 2022 )

After failing to appear in court twice, a man charged with running a large cryptocurrency pyramid scheme out of Spain is the subject of an international arrest warrant. National Court Judge Joaquín Gadea has issued an international search and arrest warrant against David Ruiz de León, founder of the Kuailian platform, a company allegedly specialized […]

Cryptocurrency exchange MEXC Global accepting credit cards for purchases

Written by: ( July 4, 2022 )

According to an update from the cryptocurrency exchange MEXC Global, customers can now buy cryptocurrency directly with Visa and Mastercard from the exchange. The company also stated that instant transaction provides both speed and convenience for users. Users now have the option to buy crypto with one of the “lowest payment fees,” MEXC said in […]

Europe raises the bar on cryptocurrency regulations

Written by: ( July 1, 2022 )

Europe is ready to lead the way in regulating the unregulated cryptocurrency industry. This comes at a time when prices have plummeted, prompting calls for tighter oversight. The European Union (EU) announced Wednesday that it is establishing new rules that would allow cryptocurrency transfers to be subjected to the same money-laundering rules as traditional banking […]

Mercado Pago expands cryptocurrency services in Brazil

Written by: ( June 29, 2022 )

MercadoLibre, one of the largest e-tailers in Latin America, has announced that it will expand its range of cryptocurrency-related services to Brazilian customers. According to the company, customers can now deposit crypto using third-party services through Mercado Pago, its payment processing company. In a memo sent to media outlet Portal do Bitcoin by Mercado Pago, […]

European cryptocurrency exchange WhiteBit launches in Australia

Written by: ( June 27, 2022 )

WhiteBit, Europe’s biggest crypto-exchange, continues to expand its global business. The company is now part of the widespread adoption of blockchain technology throughout Australia. WhiteBit will significantly increase the number of cryptocurrency enthusiasts in Australia by providing an easy-to-use platform that is secure. WhiteBit CEO Volodymyr Nosov took a trip to Australia recently. He visited […]