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Argentina: Bank Ditches SWIFT For Bitcoin In World Payments First

A bank in Argentina could soon become the first in the world to begin using Bitcoin for customers’ international remittances. Service Highlights ‘No Intermediaries’ The initiative, which Banco Masventas (BMV) launched May 22nd, is the result of a partnership with local blockchain financial services startup Bitex. Once payments begin being sent, BMV will likely become the world’s first banking institution to actively leverage Bitcoin as an international payments standard. The move is a conspicuous move

The post Argentina: Bank Ditches SWIFT For Bitcoin In World Payments First appeared first on Bitcoinist.com.

Operation Cryptosweep: Cryptocurrency Scammers Beware

A joint force, comprised of regulatory bodies from the U.S. and Canada, has announced that they will be facing cryptocurrency scams head-on and will investigate companies which do not practice the best principles. Coming Together to Form ‘Operation Cryptosweep’ The Texas State Securities Board has just announced that they have joined a joint American and Canadian force to help combat fraudulent cryptocurrency-related operations. The TSB will be one of the force’s 40 organizations, which originate from

The post Operation Cryptosweep: Cryptocurrency Scammers Beware appeared first on Bitcoinist.com.

How to Successfully Use Telegram to Build a Strong Crypto Community

Recently, there has been a lot of interest and growth in the cryptocurrency industry. Institutional and retail investors are becoming more invested and involved in the blockchain and crypto space. In 2017, The number of blockchain wallets increased by 85%, Bitcoin’s prices increased by 1300%, and big money became interested in the emerging asset class of cryptocurrencies. There are millions of crypto investors worldwide… and their communication platform of choice is Telegram. Why Telegram? Telegram

The post How to Successfully Use Telegram to Build a Strong Crypto Community appeared first on Bitcoinist.com.

‘Game-Changer’: Institutional-Trader Crypto Exchange LMAX Opens in the UK

UK financial platform LMAX has suddenly entered cryptocurrency with the launch of a new exchange solely for institutional investors. CEO: Crypto ‘Coming Of Age’ According to a press release May 21, eight-year-old LMAX, which is regulated by the UK’s Financial Conduct Authority (FCA), is seeking to “further legitimize” cryptocurrency’s reputation in traditional investment circles. “The rise of institutional trading of cryptocurrencies will be a game-changer for the industry… Digital currencies are, without a doubt, coming

The post ‘Game-Changer’: Institutional-Trader Crypto Exchange LMAX Opens in the UK appeared first on Bitcoinist.com.

Monex Owned Coincheck Confirms Delisting of Privacy Coins

CoinCheck has plans to remove 3 privacy coins – Monero, Dash, and Zcash – from their platform along with an ERC-20 token which elicits gambling on a non-regulated platform. Cryptocurrency Privacy: Is It Under Attack? Coincheck has just announced that they will be ceasing the trading of 4 cryptocurrencies on their platform. These currencies being Monero, Dash, ZCash, and Augur, listed in order of market capitalization. Coincheck plans for the delisting of these projects to

The post Monex Owned Coincheck Confirms Delisting of Privacy Coins appeared first on Bitcoinist.com.

Bitcoin Jobs and Jobseekers Rise and Fall With Price, Research Shows

Jobseekers looking for their big break with Bitcoin could have faced disappointment as offers exploded and crashed in line with prices. Price Highs = Employment Highs According to new research from “augmented writing” startup Textio, job offers relating to Blockchain and cryptocurrency rise and fall entirely depending on how valuable Bitcoin is in USD terms. Researchers analyzed job advertisements containing various terms, including Bitcoin, altcoin, cryptocurrency, crypto, cryptographic hash, decentralized autonomous organization (DAO) and decentralized

The post Bitcoin Jobs and Jobseekers Rise and Fall With Price, Research Shows appeared first on Bitcoinist.com.

Twitter CEO Jack Dorsey: Bitcoin Should Be Native Currency of the Internet

On Wednesday, Jack Dorsey, the CEO of Twitter and the Square payment company expressed his positive cryptocurrency sentiment as he stood on stage at the Consensus conference, saying that Bitcoin should be the cryptocurrency of the internet. Jack Dorsey: Cryptocurrency Evangelist Twitter has long been a platform that has been centric for cryptocurrency users and organizations. It quickly became a way in which crypto-related entities could convey announcements and talk about cryptocurrencies with members of

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Venezuela Leverages Russian Bank Stake To Bypass US Petro Sanctions

Venezuela is taking advantage of its 49% stake in a Russian bank, and using it to skirt US sanctions on its cryptocurrency Petro, according to reports. Buy Petro For €1k At Moscow Bank As the Associated Press (AP) reported May 14, Evrofinance Mosnarbank has become the only international partner willing to accept investments for purchasing Petro, which allegedly raised $5 billion during its ICO. The move reflects the continued involvement on Russia in the story

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Ledger Partners with Nomura and Global Advisors to ‘Pave the Way for Secure and Compliant Institutional Investment’

Helping institutional investors enter the cryptocurrency space has been the overriding theme of this year’s Consensus conference in New York City — and one such notable announcement is the partnership between Nomura, Ledger, and Global Advisors, who plan on building a secure digital asset custody solution.  Welcome, Institutions In an effort to provide infrastructure and an operational framework to the overarching investment management industry, Nomura, Ledger, and Global Advisors are partnering to create Komainu — a

The post Ledger Partners with Nomura and Global Advisors to ‘Pave the Way for Secure and Compliant Institutional Investment’ appeared first on Bitcoinist.com.

ASIC Manufacturer Officially Files $1 Billion IPO In Hong Kong

It seems that the creator of the Avalon Bitcoin ASIC mining hardware has taken moves to secure a stock listing spot on the Hong Kong stock exchange. The company, usually known as Canaan, is seeking for $1 billion in IPO funding. Canaan Creative, better known for their Avalon ASIC lineup in the cryptocurrency community, has just confirmed that they have a plan to facilitate a one billion dollar IPO. For those who are unaware of what

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