Payment operator MoneyGram, a world leader in the development of digital P2P payments, has partnered with the Coinme exchange to add cryptocurrency trading tools to its mobile application. MoneyGram has announced the launch of a new service that allows consumers to buy, hold and sell cryptocurrencies through a mobile app. The new functionality will allow MoneyGram customers to transact in bitcoin (BTC), ether (ETH) and litecoin (LTC). The technical ability to buy, sell and store

The Reserve Bank of India (RBI) has launched a pilot program to test the wholesale digital rupee for secondary market settlement of securities. According to RBI, nine banks will take part in the project: State Bank of India, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, YES Bank, IDFC First Bank and HSBC. The regulator expects that the use of the digital rupee will increase the efficiency of interbank

The American financial conglomerate posted on LinkedIn the vacancy of a “global crypto policy manager” responsible for regulating and identifying “key risks from the fintech side.” Bank of America’s Cryptocurrency Management Department will be responsible for drafting amendments and commentaries to bills, preparing for presentations to legislators and regulators. The expert will be required to identify threats to fintech business models for Bank of America: “We are looking for a manager who will identify emerging

Building a Diverse Trading Portfolio   A look at the importance of risk mitigation through diversifying your portfolio.   When it comes to online trading, portfolio diversification is a powerful tool used by investors to mitigate risk. This strategy involves investors holding multiple assets across varying markets, industries and geographical jurisdictions in order to spread their exposure and decrease the risk of loss due to one industry collapsing.     The Benefits of a Diversified

Costa Rica lawmakers are working to significantly reduce taxes on digital assets and make the Central American country attractive to crypto investors and Web 3 companies. This week, Costa Rican congressional deputies Johana Obando, Luis Diego Vargas and Jorge Dengo introduced a bill to regulate the crypto market in the country. The key idea is to enact a law that not only defines the concept of digital assets, but also allows those who want to

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get

The Bloomberg exchange strategist is sure that the successful transition of the Ethereum network to the Proof-of-Stake consensus algorithm laid the foundation for a steady growth in the rate of the second largest cryptocurrency by capitalization. On Wednesday, October 26, the Ethereum exchange rate for the first time since the successful Ethereum merger on September 15 crossed the $1,500 mark. With the switch to PoS, Ethereum is expected to become a deflationary asset and attract

Building a Diverse Trading Portfolio   A look at the importance of risk mitigation through diversifying your portfolio.   When it comes to online trading, portfolio diversification is a powerful tool used by investors to mitigate risk. This strategy involves investors holding multiple assets across varying markets, industries and geographical jurisdictions in order to spread their exposure and decrease the risk of loss due to one industry collapsing.     The Benefits of a Diversified

Tesla CEO Elon Musk said the deal to acquire the social network Twitter should be closed by Friday. Against the backdrop of this news, the cost of Dogecoin jumped by almost 8%. The cryptocurrency market reacted positively to reports of the imminent acquisition by Elon Musk of the social network Twitter. So, according to СoinMarketCap, the cost of the DOGE coin, which is actively supported by the businessman, increased by almost 8% during the day,

The chairman of the US Commodity Futures Trading Commission, Rostin Banham, dispelled doubts about the struggle between the CFTC and the SEC for the authority to regulate the cryptocurrency market. Speaking at a recent event in Manhattan, Rostin Behnam touched on the topic of cryptocurrency legislation. According to him, in order to pass any specific laws, it is first necessary to determine which cryptocurrencies are considered commodities and are subject to the supervision of the