South Korean Central Bank Launches CBDC Pilot Program
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The Bank of Korea announced on Monday the launch of a pilot program for a central bank digital currency (CBDC). Though the central bank has no plans to launch the…
Month: April 2020
58 posts
Crypto-Focused Law Firm Hits Binance, BitMEX with 11 Lawsuits in US
Major cryptocurrency exchanges, including Binance and BitMEX, have been pegged with 11 class action complaints at a federal court in Manhattan. The collective suit, filed by law firms Roche Cyrulnik…
Japan to Enforce New Crypto Laws from Next Month
Japan is set to enforce the updated cryptocurrency laws in the country starting May 1, putting more clarity on the regulations around the decade-old sector. The Japanese House of Representatives…
Ethereum (ETH) Gripped in a Consolidation Bout, Then This Pivotal Metric Flashes Green
In the last two months, two key levels have remained significant for the crypto asset which is the $125 and $145 key levels. The asset has maintained sideways trading, ranging…
Bitcoin Investors Dive Into Market as Futures Jump to Two-Week High
Bitcoin is experiencing an uprise in the volume of investments. According to information from the data monitoring platform Skew, Bitcoin futures saw its highest volume on April 2, 2020. The…
Chinese Agency Warns Against Crypto Exchanges’ Fake Volumes
The National Internet Finance Association of China (NIFA), a self-regulatory body under the People’s Bank of China (PBoC), issued a warning on Thursday against the fake trading volumes reported by…
Could Coronavirus Kill the Bitcoin Mining Industry?
Depending on where you are in the world, you may be on week four, eight, or even thirteen of coronavirus quarantine; while video conferencing in pajama pants may be starting…
BTSE Unveils Crypto Debit Card with Fiat Support
BTSE, a British Virgin Islands-based crypto exchange, announced on Wednesday the upcoming launch of its debit card. According to the press release shared with Finance Magnates, the debit card will…
