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Systems

Coinbase’s New Customer Incentive: Interest Payments, With a Crypto Twist

March 29 2019

• in
• Cryptocurrencies

“The newest enticement in the crypto world is something traditional investors know very well: interest payments. Coinbase, a platform where users can buy and sell bitcoin and other cryptocurrencies, is launching a program for institutional investors that will pay them a set interest rate, likely between 5% and 8%, when they park money in its […]

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Domains

Crypto Giant Coinbase Launches Cross-Border Payments With XRP and USDC

April 2 2019

• in
• Cross-border payments
• Cryptocurrencies

“Crypto exchange Coinbase is now offering cross-border payments service to enable customers to transfer funds using Ripple (XRP) and the stablecoin USDCoin (USDC). Coinbase made the announcement on its website , touting the service as fast and convenient.”

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Domains

Ripple: Indian Bank Partners With RippleNet to Facilitate Cross-border Payments

April 1 2019

• in
• Cryptocurrencies

“India’s Federal Bank partnered with RippleNet to let Non-Resident Indians [NRI] transfer money across borders using blockchain technology. This upgrade has also led the bank to partner with Ripple Inc. According to Gulf News, Federal Bank looks to increase its 15% share of the remittance market in India by upgrading its existing payment rails to […]

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Systems

Ripple’s Technology Is Used for Transferring Billions of Dollars Around the World, Says CEO Brad Garlinghouse

April 5 2019

• in
• Cryptocurrencies

“Addressing the “not enough use-cases for blockchain” issue, Garlinghouse said that it was not true. He added that the “payments use-case is very real and it is alive and working,” mentioning how Ripple had partnered with over 200 financial institutions around the world and that there are “billions of dollars that we are moving through […]

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Systems

Square Is Hiring New Crypto Engineers — And It Wants to Pay Them in Bitcoin

March 21 2019

• in
• Bitcoin
• Cryptocurrencies

“Dorsey, who also founded and runs Twitter, announced Wednesday evening that Square plans to hire three or four engineers and one designer “to work full-time on open source contributions to the bitcoin/crypto ecosystem.” A Square spokesman said there was no additional information to share beyond the tweets. Perhaps more notably, these new hires have the […]

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Systems

China Proposes Total Ban on Cryptocurrency Mining

April 9 2019

• in
• Cryptocurrencies

“China’s top economic planning body has proposed new rules that would see the closure of all local cryptocurrency mining facilities if enacted – a move that would potentially end the country’s dominance in the energy-hungry, yet lucrative industry.”

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Systems

UK: Spend Your Crypto Instantly With Coinbase Card

April 16 2019

• in
• Cryptocurrencies

“Coinbase Card is currently only available in the UK, but we plan to support other European countries in the coming months. To find out more about the Coinbase Card, there’s more information on the website . This card is issued by Paysafe Financial Services Limited. Paysafe Financial Services Limited is authorised by the Financial Conduct […]

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Systems

Cryptocurrencies Are ‘Clearly Shaking the System,’ IMF’s Lagarde Says

April 15 2019

• in
• Cryptocurrencies

“Financial technologies such as digital currencies are “shaking” the banking system and must be monitored to maintain stability, according to the head of the International Monetary Fund. Speaking to CNBC on Wednesday, IMF Managing Director Christine Lagarde pointed to the changing business models of commercial banks as evidence that innovations like cryptocurrencies are having a clear […]

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Systems

Coinbase Launches Debit Card in the UK

April 11 2019

• in
• Cards
• Cryptocurrencies

“When you buy cryptocurrencies on Coinbase , many users simply don’t know what to do with them. Customers in the U.K. can now get a good old plastic card and spend cryptocurrencies in-store and on any online website. This is a Visa card, so it should work with any merchant on the Visa network. The […]

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Systems

Binance’s Hotly-anticipated Singapore Crypto Exchange Is Now Live — and Underwhelming

April 23 2019

• in
• Cryptocurrencies

“Binance, the company widely seen as the world’s largest crypto exchange, has officially set up shop in Singapore after it launched a service in the country . The new Singapore service , however, bears more of a resemblance to U.S. rival Coinbase than a classic Binance exchange. Binance’s rapid ascent is thanks to a service […]