Daily Archives: May 13, 2019

In Light of Tethers Fractional Reserve, a Shadow of Fiatcoins Future

n nn nn Tether has taken a lot of heat for admitting it is running a fractional reserve. Theres no doubt that Tethers unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.And Tether is not the only stablecoin that admits that it is backing ...

Read More »

Pakistan tells Iran south pipeline project ‘impossible’ under current US sanctions

IRAN-PAKISTAN-DIPLOMACY-POLITICS

Pakistan has informed Iran in writing that it cannot execute the Iran-Pakistan gas pipeline project as long as Tehran is under the United States sanctions regime, a top official at Pakistan’s state-owned Inter State Gas Systems said on Friday, driving a final nail in the coffin of a project that was conceived in the 1990s to connect Iran’s giant South ...

Read More »

Blockchain Project CEO to Pay $150K Fine, Teach Business Ethics Following Settlement

Blockchain entrepreneur Alex Tapscott, CEO of Next Block, settled with Canadian regulators over charges of unethical project advertisement Cointelegraph.com News

Read More »

Whole Foods and Major Retailers Now Accept Cryptocurrency via the Spedn App

On May 13, cryptocurrency enthusiasts were pleased to hear that major retailers including Whole Foods, Lowes, Petco, Regal Cinemas, and Gamestop will accept payments in crypto. The payments will be processed by Flexa using its custodial wallet called ‘Spedn’ which gives people the ability to spend with bitcoin core, ethereum, bitcoin cash, and GUSD. Also read: Satoshi Nakamoto Could Be ...

Read More »

US Lawmakers Form Fintech Task Force to Examine Industry

n United States lawmakers have passed a resolution to create a fintech task force that will examine the current regulatory framework for fintechn CryptScout #BitFeed RSS – Bitcoin and Cryptocurrency News 24/7

Read More »

BitOasis Secures Preliminary Approval With UAE Financial Regulator

Crypto exchange BitOasis has reportedly secured preliminary approval with the Financial Services Regulatory Authority of Abu Dhabi Global Market Cointelegraph.com News

Read More »

South Africa votes to turn honesty about graft into action against it

If a global award were given to a country for being the most open about discussing corruption โ€“ as opposed to preventing it โ€“ South Africa would win hands down. The election of a Parliament on May 8 was a victory for the incumbent president, Cyril Ramaphosa, whose popularity is largely due to his anti-corruption image. After helping the ANC ...

Read More »

Nordic Banking Giant Nordea Opens Blockchain Trading Platform to More Clients

n Nordea is now allowing small and medium-sized enterprises to use its blockchain platform we.traden CryptScout #BitFeed RSS – Bitcoin and Cryptocurrency News 24/7

Read More »