Tag: Despite

Aussie Banks Still Cold to Cryptocurrency Businesses Despite Regulation

Aussie Banks Still Cold to Cryptocurrency Businesses Despite Regulation Despite increasing regulation in the cryptocurrency sector, Australia’s major banks maintain cautious policies when it comes to cryptocurrencies. While cryptocurrency businesses appear to challenge Australian banks’ appetite for risk, many institutions permit cryptocurrencies to be purchased using credit cards. Also Read: […]

Kenyan Crypto Adoption and Trading Grows Despite Warnings from Regulators

Kenyan Crypto Adoption and Trading Grows Despite Warnings from Regulators Over the last two years, the Kenyan government and central bank have been discussing how to regulate bitcoin and other digital currencies. In March 2018, the Central Bank of Kenya warned the general public about cryptocurrency investments. After those warnings, […]

Company Evades SEC Penalty Despite Illegally Issuing Security Tokens

Company Evades SEC Penalty Despite Illegally Issuing Security Tokens The U.S. Securities and Exchange Commission (SEC) has decided not to impose a penalty on a company that had issued security tokens without its approval and without qualifying for an exemption. The company raised approximately $ 12.7 million. Also read: SEC Chair […]

Properties Are Still Being Sold for Cryptocurrency Despite the Bear Market

Properties Are Still Being Sold for Cryptocurrency Despite the Bear Market Bitcoin and many other digital assets have lost more than 80 percent of their fiat value since 2017. Despite this, the trend for people selling homes for cryptocurrency continues to thrive amidst one of the longest bear markets in […]

Cryptocurrency Conferences Continue to Thrive Despite Industry Downturn

Cryptocurrency Conferences Continue to Thrive Despite Industry Downturn Over the last year, cryptocurrency prices have dropped significantly and mainstream attention has been waning in recent months. However, according to recent data, the digital currency and blockchain conference circuit did not see a steady decline during the last six months of […]

Cryptocurrency Exchanges Eye Russia for Expansion Despite Sanctions

Cryptocurrency Exchanges Eye Russia for Expansion Despite Sanctions Sanctions imposed by governments as part of geopolitical struggles do not always filter through to under-regulated industries. Ambitious businesses covet every opportunity for expansion and diversification. That seems to be the reason why a growing number of crypto exchanges are turning their […]

Mckinsey: Despite Billions of Dollars, Corporate Blockchains Have Achieved Little

Mckinsey: Despite Billions of Dollars, Corporate Blockchains Have Achieved Little During the last 18 months, companies have claimed to be able to use blockchain technology to improve the supply of everything from vegetables to automobiles. An increasing body of evidence, however, suggests that the reality has failed to match the […]

Despite Supreme Court, Chile’s Antitrust Orders Banks to Keep Crypto Accounts

Despite Supreme Court, Chile’s Antitrust Orders Banks to Keep Crypto Accounts Following the ruling by Chile’s supreme court that a bank can legally close accounts of a crypto exchange, the country’s Court of Defense of Free Competition reaffirmed that banks must reopen crypto exchanges’ accounts. The Chilean antitrust court continues to […]

Despite 2018 Bear Market, Top Crypto Markets Have Outperformed FANG Stocks Since 2017

Despite 2018 Bear Market, Top Crypto Markets Have Outperformed FANG Stocks Since 2017 Despite the 2018 cryptocurrency bear trend renewing gleeful predictions of bitcoin’s demise from mainstream financial analysts, the leading crypto markets have dramatically outperformed the ‘FANG’ (Facebook, Apple, Netflix, and Google) stocks since the start of 2017. Also […]

USDT Volume Up Despite Tether’s Stablecoin Dominance Dropping

USDT Volume Up Despite Tether’s Stablecoin Dominance Dropping The ongoing drama surrounding the opaque operations of Tether throughout 2018 has driven the proliferation of similar pegged currencies, leading to USDT’s dominance over the stablecoin markets waning. Despite this shift, USDT trade volume has risen 100 percent since tether’s dramatic decoupling […]