NEWS

Emerging market turmoil could be breeding ground for stable coins

While this trend is nothing new it isn’t going to abate any time soon either; the devaluation of emerging market (EM) currencies has been happening for the past eight years and is part of a far bigger picture.In 2008 emerging market countries borrowed billions in USD-denominated debt when USD was going cheap as the Fed...

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9 Major Cryptocurrency Exchanges to Get You in the Game

With over 1,800 cryptocurrencies and a ton of exchanges, it can be hard to know which one to use, as exchanges vary in how their customers can trade. Some, like Coinbase and Gemini, allow you to get your feet wet in the industry and start out with fiat currencies. Other exchanges only trade crypto-to-crypto. This is es...

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Prolific Bitcoin Dealer ‘Blew a Giant Hole’ Through US Legal Framework

A Mexico-based “prolific bitcoin dealer” has been indicted and held without bond in the US on a number of international money laundering charges. He used Bitfinex for his exchange needs after Coinbase closed his account. His “activities ‘blew a giant hole’ through the legal framework of U.S. anti-money laundering laws,...

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Crypto Trading 101: An Introduction to Support and Resistance

New to crypto trading? Read CoinDesk's full set of guides. Are you a crypto trader struggling to find a footing in a volatile crypto market? If yes, then the first thing you need to master is the art of identifying support and resistance levels. Imagine bouncing a ball inside your house. There are two barriers that w...

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Venezuela’s Currency Devalued By 96% as Maduro Announces New Crypto-Pegged Forex Rate

On Friday, Venezuelan President Nicolas Maduro announced a new single exchange rate for the bolivar that’s pegged to the Petro virtual currency. Under the new guidelines, one Petro would equal $60 dollars, which means the nation’s currency is essentially devalued by 96 percent.  Amid immense political and economic tur...

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Wall Street Demand For Crypto Rises as Exchange Activity Thrives in Bear Market

The interest of Wall Street firms towards opportunities in crypto custody and asset management has continued to increase despite the 80 percent correction the market experienced in 2018. Sanford C. Bernstein & Co. analysts refuted recent reports about the struggle of cryptocurrency exchanges and stated that digital...

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  • 8BTC
  • 2018-08-19 18:00:46

Could Crypto Exchanges KYC Prevent Money Laundering In Bitcoin?

China’s regulators recently warned that cryptocurrency is a potential threat in anti-money laundering as bitcoin could easily bypass the country’s capital controls and achieve cross-border capital flows. Using cryptos to launder money has become a real threat to the current financial regulatory system. While the thorny...

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As No-Deal Brexit Looms, UK Blockchain Startups Are Weighing Options

From longer approval processes to the threat they might lose access to the European market, it's safe to say U.K. blockchain startups are looking for contingency plans. A quick recap: in 2016, the U.K. held a referendum on whether to stay in the European Union (E.U.), with a majority of voters opting to leave the eco...

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Andreas Antonopoulos Says Bitcoin ETFs Are a ‘Terrible Idea’. Does He Have a Point?

Influential crypto thought leader Andreas Antonopoulos has spoken out against bitcoin ETFs, calling them a  “terrible idea”. As a proponent of the crypto asset revolution and the widespread adoption thereof, why would Antonopoulos disapprove of a financial instrument that will surely bring more money and attentio...

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The Weekly: McAfee’s Doomed Wallet, Altcoin Panic, Binance Launches Fiat-to-Crypto

In this week’s daily editions of Bitcoin in Brief we reported on McAfee’s “Doomed” wallet, a panic in the altcoin markets, Binance’s new fiat-to-crypto platform in Liechtenstein and much more. The most commented-on article during the week covered a situation in the UK, where banks are targeting ...

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Seven day votes 17
Bullish

17

Bearish

0

IN BRIEF