News

Spanish banking giant BBVA has released a statement saying that their recent crypto tests involving Ripple have been successful. A bank spokesperson from BBVA has reached out to CryptoSlate with the following clarification: BBVA is interested in innovation in cross-border payments, especially given our footprint in Europe, Mexico, USA and Latam. BBVA is an active […]

Cryptos came to Capitol Hill on Wednesday this week, with a subcommittee of the U.S. House of Representatives Financial Services Committee holding a hearing entitled “Examining Cryptocurrencies and ICO Markets.” The hearing, which marked the first time Congress tackled the regulatory issues surrounding initial coin offerings, highlighted an apparent schism between US lawmakers regarding blockchain […]

Bitcoin has is often referred to as “digital gold”, with both assets sharing a number of similar characteristics. The CEO of Austria’s biggest Bitcoin broker, however, has recently recommended the implementation of a regulatory framework for Bitcoin that mirrors that of precious metals. Eric Demuth, the CEO of Bitpanda — one of the largest cryptocurrency […]

Facebook announced at the end of January that cryptocurrency, ICO and binary option ads are now banned from its platform. Google mirrored this move on Tuesday and announced that they will also have a ban on cryptocurrency advertising that will go into effect from June 2018. Facebook and Google account for approximately 73% of digital […]

Leading cryptocurrency exchange Binance has recently announced the impending launch of a tailored blockchain as the first step in the development of a decentralized exchange, or DEX. Based in Hong Kong, Binance is currently the number one exchange in the world and boasts over $1.5 billion in daily volume. The exchange announced the official launch […]

Some of Bitcoin’s most significant challenges revolve around the lack of equity in governance. Decentralized currencies should distribute power evenly across their networks. Despite this, it seems as though miners currently have too much power. These are the issues that Decred aims to solve. Short for ‘Decentralized Credit,’ Decred is a hybrid Proof-of-Work, Proof-of-Stake system […]

Amidst intense media speculation, it is being reported that the South Korean government is potentially reconsidering its ICO ban that has been in effect since last September. According to a reputable local newspaper, South Korean financial authorities are in the process of devising new regulations for their country’s crypto sector. Similar to China, South Korea […]

In a highly anticipated move, Stellar (XLM) has announced a tie-up with Keybase that will enable cross-border transactions without the need of lengthy cryptographic addresses. Keybase is a free security app which makes use of public-key enabled cryptographic modules to secure smartphones and PCs. However, with this new partnership, Stellar hopes to create a platform […]

As a decentralized currency, Bitcoin is subject to several eccentricities that traditional fiat currencies avoid. For instance, while global trends can impact the value of a nation’s currency, it’s not subject to the actions and reactions of each country. Digital currencies don’t have that luxury, and the unique actions of different countries have a significant […]

The cryptocurrency market is rapidly maturing, with governments around the world developing regulatory frameworks that pave the way for institutional investors to enter the crypto fray. 2017 saw the emergence of financial mechanisms such as futures trading hit the cryptocurrency ecosystem, along with a surge in blockchain incubators and accelerators that bridge the gap between […]