Binance.US awarded money transmitter license in Puerto Rico

Puerto Rico becomes the fourth jurisdiction in America to grant a money transmitter license to Binance.US, the American arm of the crypto exchange Binance. Other states that issued operational licenses to Binance.US include Wyoming, Connecticut and West Virginia.  Binance.US was launched as a second attempt by Binance CEO Changpeng Zhao to cater to investors in […]

Indian minister wants global crypto rules to curtail money laundering risk

Indian Finance Minister Nirmala Sitharaman in her address to the International Monetary Fund called for a global cryptocurrency framework to keep a check on the use of cryptocurrencies for illicit activities. LIVE NOW: A panel discussion on the policy challenges and opportunities of #DigitalMoney to the international monetary system. #CBDC https://t.co/JznM8apoGt — IMFLive (@IMFLive) April […]

Crypto seen as the ‘future of money’ in inflation-mired countries

Last year, cryptocurrencies reached a “tipping point,” according to Gemini’s 2022 Global State of Crypto report, “evolving from what many considered a niche investment into an established asset class.”  According to the report, 41% of crypto owners surveyed globally purchased crypto for the first time in 2021, including more than half of crypto owners in […]

WonderFi and Animal Capital to Launch “Money Goals”

Vancouver, British Columbia – December 7, 2021 – WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF)(the “Company” or “WonderFi”) today announced the launch of “Money Goals”, a financial literacy initiative in partnership with Animal Capital and Josh Richards, focused on Gen Z. Money Goals was created after Animal Capital founders Josh Richards and Marshall Sandman identified a lack […]

WonderFi and Animal Capital to Launch “Money Goals”

Vancouver, British Columbia – December 7, 2021 – WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF)(the “Company” or “WonderFi”) today announced the launch of “Money Goals”, a financial literacy initiative in partnership with Animal Capital and Josh Richards, focused on Gen Z. Money Goals was created after Animal Capital founders Josh Richards and Marshall Sandman identified a lack […]

Bitcoin Only Matters Because Money Is Rigged

The best Sundays are for long reads and deep conversations. Recently the hosts of the Let’s Talk Bitcoin! Show gathered to discuss the big picture problems facing our world which make things like Bitcoin distinctly appealing despite many inefficiencies when compared to traditional, centralized money systems. Listen/subscribe to the CoinDesk Podcast feed for unique perspectives and fresh […]

Money Manager Recommends Zero Exposure To Equities, Will Capital Flow Into Bitcoin?

A highly respected money manager that has called the last three financial bubbles says the current bubble is the “real McCoy,” and recommends zero exposure to traditional equities. But investment capital must flow somewhere – will Bitcoin benefit from the eventual stock market bubble bursting? Legendary Bubble Expert and Money Manager Recommends Zero Exposure To […]

Negative Rates or More Money Printing – Bitcoin May Benefit Either Way

Whether or not the Federal Reserve eventually cuts interest rates to negative levels, it might be a case of heads: bitcoin wins, tails: bitcoin wins.  So far this year, the Fed has created about $3 trillion of new money, an amount equivalent to more than 70% of the total assets created since its founding in […]

Fireblocks Adds Crypto-Tracing Tool to Guard Against Money Laundering

Digital asset storage and transaction firm Fireblocks will start tracking cryptocurrency transactions to help enterprise clients align with anti-money laundering (AML) best practices. Announced Monday, the Fidelity-backed company is integrating with a tracing tool from crypto forensics firm Chainalysis to ensure that crypto assets transferred to or form the platform are not in conflict with […]