Brazil’s Antitrust Agency Probes Banks For Closing Crypto Accounts

News | September 19, 2018 By:

The Administrative Council for Economic Defense (CADE), Brazil’s antitrust regulator, is investigating six major national banks for allegedly using their market position to undermine the performance of crypto brokers.

In June of this year, the Brazilian Association for Cryptocurrency and Blockchain (ABCB) filed an administrative motion against the country’s largest banks,

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European Central Bank Has No Plans To Issue Cryptocurrency, Says ECB President Mario Draghi

Blockchain, News | September 17, 2018 By:

European Central Bank (ECB) President Mario Draghi said that the institution is not issuing a digital currency any time soon.

In a letter to a member of the European Parliament, Drghi said the ECB has no plan to issue a digital currency because blockchain technology is still fragile and the use of physical cash is still high in the euro zone.

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Google Removes Crypto Wallets From Play Store

News | September 14, 2018 By:

Internet giant Google has reportedly removed three major crypto wallets from its Play Store without any notice given to developers.

Among the delisted wallets were Bitcoin.com‘s Bitcoin Wallet, BitPay wallet, and the BitPay-owned CoPay wallet. According to reports, Bitcoin.com is back online and BitPay is working to be on the Play Store again.

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Crypto Exchange Seed CX Raises $15M USD In Series B Funding Round

Investing, News | September 13, 2018 By:

Cryptocurrency exchange Seed CX has raised $15 million in a Series B funding round, bringing the company’s total funding to date to over $25 million. The round was led by Bain Capital Ventures.

Seed CX claims to be the first licensed crypto exchange to offer institutional trading and settlement for both spot market and derivatives regulated by the Commodity Futures Trading Commission.

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