Blockchain Finance

Coinomy Cryptocurrency Blog

11 Sep: Is DeFi The Future of Crypto Finance? Some Big Industry Names Think So

The hot potato in the world of crypto at the moment is decentralized finance. Satoshi’s original notion of cutting out the bankers is now possible in this new world of digital assets and DeFi protocols. The industry is still embryonic but some of the bigger names in the world of crypto and finance are finally

The post Is DeFi The Future of Crypto Finance? Some Big Industry Names Think So appeared first on NewsBTC.

Coinomy Cryptocurrency Blog

09 Sep: Crypto Banking Expands With Positive Interest Rates and New Services

Crypto Banking Expands With Positive Interest Rates and New ServicesBanking, in the traditional sense of the term, has become a financial burden for account holders in regions where the era of subzero interest rates has already set in. European nations like Sweden, Denmark, Switzerland, and Eurozone countries have been in negative territory for some time, and banks there have started passing the burden to […]

The post Crypto Banking Expands With Positive Interest Rates and New Services appeared first on Bitcoin News.

Coinomy Cryptocurrency Blog

06 Sep: China’s Digital Currency Could Launch as Early as November

china exchangesThe Chinese government is working on its own digital currency. Very little is known about this project so far. In a recent press release, the country’s central bank offered some intriguing details. It seems this currency will be similar to Libra, although it has nothing to do with social media.  A Mobile Currency While very little is known about China’s digital currency, some crucial information has come to light this week. A PBoC spokesperson confirmed the currency will be sued across major payment platforms. For starters, it will be compatible with WeChat and Alipay in China. Both of these platforms

The post China’s Digital Currency Could Launch as Early as November appeared first on The Merkle Hash.

Coinomy Cryptocurrency Blog

06 Sep: Bitcoin ETF: How SEC Exemptions Help Firms Offer Interim Products

Bitcoin ETF: How SEC Exemptions Help Firms Offer Interim ProductsThere are several exemptions the U.S. Securities and Exchange Commission (SEC) offers that allow companies to launch their bitcoin investment products without registration. While waiting for the SEC to approve their bitcoin ETF, some firms have taken advantage of these exemptions to offer an interim product. Also read: Indian Government’s New Report Views Crypto Positively […]

The post Bitcoin ETF: How SEC Exemptions Help Firms Offer Interim Products appeared first on Bitcoin News.

Coinomy Cryptocurrency Blog

03 Sep: Dutch Central Bank Will Supervise Bitcoin Service Providers in 2020

Regulatory changes in the cryptocurrency world are always contentious. Many people see the benefits, whereas others oppose any changes. In the Netherlands, a lot of major changes are coming to cryptocurrency service providers. All of these changes seem to be directed at fostering the Bitcoin industry moving forward.  The new requirements will go in effect in January of 2020. Dutch Central Bank Oversight The big change coming next year is how the Dutch central bank will supervise cryptocurrency service providers. More specifically, all brokers, exchanges, wallet providers, and others will need to officially notify the central bank regarding their intentions.

The post Dutch Central Bank Will Supervise Bitcoin Service Providers in 2020 appeared first on The Merkle Hash.