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Canada Cracks Down On Unlicensed Cryptocurrency Companies

Canada Cryptocurrencies Regulators Pixabay
The Ontario Securities Commission (OSC) is cracking down on unlicensed companies promoting investments and trading in cryptocurrencies. The authority issued an investor alert on May 18, warning the public about five companies: BTCReal, BitSerial, Hypercube Ventures LP, CabinCoin OÜ, and BaapPay Inc., which it said...

Blockchain Startup Shyft Signs US$10M Deal With Bermuda Government

Shyft Bermuda
Shyft, a blockchain KYC/AML and identity startup, has signed a memorandum of understanding (MoU) with the government of Bermuda led by the Premier of Bermuda, E. David Burt, JP, MP, in which the startup has pledged to invest up to US$10 million over the...

Digital Wallet Abra Adds 5 More Altcoins Bringing Total To 25 Supported Cryptocurrencies

Abra 25 Cryptocurrencies
Digital wallet and exchange service Abra has announced the addition of five cryptocurrencies to its platform, now letting users buy, sell and invest across 25 cryptocurrencies and 50 national currencies, the company announced on Tuesday. Monero, NEM, NEO, Lisk and Verge are joining 20 other...

IMF Head Says Underlying Technology of Cryptocurrencies Could Aid Finance System

The price of bitcoin saw a boost in value, which coincided with remarks from the chief of the International Monetary Fund (IMF) after she wrote about the benefits the industry can have on the traditional finance system. In a blog published yesterday, Christine Lagarde, the...

MyBucks And Naga Group Team Up To Bring Cryptocurrencies To Emerging Markets

Fintech firms MyBucks and the Naga Group have announced a new partnership to implement Naga’s cryptocurrency wallet within MyBucks’ client interface and existing mobile wallet, enabling some 1.5 million users across Africa, Australia and other countries to manage, send and receive cryptocurrencies. The Naga Wallet...

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