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Cryptocurrency exchange Bitfinex stops serving Ontario customers, asking users to withdraw funds

Cryptocurrency exchange Bitfinex has asked its Ontario users to withdraw their funds as they will no longer have access to any services offered by Bitfinex in March. Bitfinex stops providing services to Ontario customers Cryptocurrency exchange Bitfinex announced Friday that it is making changes to the services it provides to Ontario customers. Effective immediately, the…

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Coinbase Acquires Fairx Exchange to Make Derivatives Market Accessible to Millions of Retail Clients

Nasdaq-listed cryptocurrency exchange Coinbase has acquired a regulated derivatives trading platform. Coinbase plans to make the derivatives market more accessible to millions of its retail clients. Coinbase plans to offer crypto derivatives to all US customers. Coinbase, a Nasdaq-listed cryptocurrency exchange, announced Wednesday that it has acquired Fairx, a regulated derivatives trading platform. Fairx is…

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Swiss banks want to offer cryptocurrencies to customers in the next three years

Cryptocurrencies are starting to receive a warm welcome among Swiss banking institutions. According to a survey, more than half of banks in Switzerland are considering offering cryptocurrency investment services to their clients in the next three years. Most Swiss banks plan to offer cryptocurrency investment products to clients A survey conducted by the Swiss firm…

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AFCON binary sponsors to further develop the adoption of Crypto in Africa

BINANCE partner with the African soccer confederation to sponsor the total tournaments of the African Cup of nations. On Monday, the beginning of the African Total Energy Cup, the Tournament of Nations, scored the largest male soccer championship series in Africa. At the same time, Binance announced its official association with the Federal African Football…

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PayPal Considers Launching Its Own Cryptocurrency, ‘PayPal Coin’

Coindesk has confirmed that PayPal (PYPL) is ready to launch its stablecoin as it tries to flex its muscles in the cryptocurrency market. PayPal subsidiary Curv has been laying the groundwork for the stablecoin launch since September. Bloomberg first reported that PayPal is exploring the possibility of launching its own stablecoin. The stablecoin details were…

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Why Bitcoin Might Thwart Bulls and Bears in 2022

Bitcoin has been trending down in recent days, posting a 24-hour loss of 1.8% and a seven-day correction of 10.5%. The benchmark cryptocurrency appears to be reacting to macroeconomic factors and may have more short-term downsides. Related Reading | American miner Marathon now has 8133 BTC. And they’re not selling As of press time, Bitcoin…

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MoneyGram invests in Bitcoin kiosk operator currency Coinme

The remittance giant acquired a 4% stake in Coinme to support the bitcoin exchange’s growth plans. Remittance giant MoneyGram has acquired a minority stake (4%) in the bitcoin-to-cash currency Coinme, according to a press release on Wednesday. The investment closes Coinme’s Series A funding round with the aim of furthering its international expansion plans and…

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The top 5 cryptocurrencies to invest in 2022 year

As we prepare for 2022, here is a list of 5 currencies you should invest in. Ethereum – Show star The Ethereum blockchain prides itself on being “the world’s programmable blockchain,” capable of hosting multiple applications. It uses cryptocurrency to mean more than money, applying it to the decentralization and disorganization of various sectors. While…

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Bank of Jamaica completes first CBDC pilot

Bank of Jamaica initially partnered with Irish crypto firm eCurrency Mint for its CBDC project in March 2021. The Bank of Jamaica (BoJ) has successfully completed its first central bank digital currency (CBDC), with the goal of rolling it out nationwide in the first quarter of 2022. After proceeding with initial testing of the CBDC…