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Cryptocurrency As The Long Game

When we hear about cryptocurrencies like Bitcoin, it’s usually through sensationalist articles that either declare it to be the economic savior of mankind or warn about the apocalyptic risks of not shifting away from fiat currency. The truth is that most people don’t fully understand the big picture aspects of …

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Cryptocurrency Exchanges Officially Dead In China – Forbes

Forbes Cryptocurrency Exchanges Officially Dead In ChinaForbesWednesday marked the last day for the ubiquitous Chinese cryptocurrency exchange. The ban, which was announced in September, finally shuttered its last exchange and made it illegal for Chinese mainlanders to exchange digital money unless they … Source link

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Visa Offers Cryptocurrency Card In Singapore

Share Tweet Share Share Share Print Email Singapore residents will soon be able to make purchases with a prepaid Visa card backed by the cryptocurrency platform Monaco. “Our team has worked incredibly hard over the past year to achieve this milestone. This is an important step towards Monaco’s vision to …

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Visa Approves Monaco Cryptocurrency Card for Singapore Residents

By November 1, 2017, 12:36 PM EDT Visa Inc. has approved a prepaid card backed by the cryptocurrency Monaco as the world’s largest payments network continues its foray into digital currencies. Monaco’s prepaid card has been approved for issuance to Singaporean residents, Visa spokeswoman Lea Cademenos said in an email. …

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FBI busts Brooklyn businessman for alleged cryptocurrency scam

FBI agents on Wednesday arrested the brother of a big-shot Morgan Stanley banker at his Brooklyn home on charges he bilked investors out of more than $300,000 in a cryptocurrency scam. Businessman Maksim Zaslavskiy pushed fraudulent “initial coin offerings” he claimed were backed by real estate and diamond investments — …

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Amazon buys crypto domains

Amazon has secured three new domain names related to cryptocurrency, sparking speculation that the e-commerce giant could be preparing a move into the cryptocurrency space. However, Amazon Pay’s VP Patrick Gauthier told CNBC last month that Amazon had no plans to accept cryptocurrency because there hasn’t been much demand yet, …

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Cryptocurrency Promoter Charged With Securities Fraud

A businessman who claimed to be launching the “first ever cryptocurrency backed by real estate” and another digital currency supposedly backed by diamonds was arrested on securities fraud conspiracy charges. Maksim Zaslavskiy is accused of deceiving investors in the initial coin offerings by his companies REcoin Group Foundation LLC and …

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