For the first time in 3 months, the Chinese stock market has recorded a 3 percent increase triggered by the optimistic prospect of a comprehensive trade deal. The Dow Jones is nearing the 26,000 point mark after initiating a strong rally in the past two weeks. The solid movement of the CSI 300 Index, which […]
Category: STO News
A Huge EU Bank Just Ruthlessly Froze People’s Accounts, Sparking Claims of Racism. It Would Never Happen With Bitcoin
Spain’s second-largest bank, BBVA, has aggressively frozen up to 5,000 accounts without warning. Many of the accounts belonged to Chinese clients, leading to cries of racism. The bank, however, claims it was acting on Spanish anti-money laundering rules. Spain’s second-largest bank has apologized after hundreds of Chinese customers accused the group of racism for freezing […]
The Mauritius Government has Granted a Regulatory Sandbox License to PIRL
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New Zealand to Slap ‘Digital Services Tax’ on Internet Giants Google, Facebook: Will this Antagonize the US?
Following the precedent set by some European countries such as Austria, France, Italy, Spain and the United Kingdom, New Zealand has indicated it will introduce a digital services tax. This is expected to affect internet giants such as Google and Facebook, according to the New Zealand Herald. Per New Zealand’s Prime Minister, Jacinda Ardern, this […]
Singapore’s Second Largest Bank Launches Digital Security Token
The bank is aiming to save $18.5 million in the next 5 years with this move.
Crypto Hardware Wallet D’CENT Announces Wallet & Development Updates for iOS
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned […]
Interest Continues To Grow In Crypto Assets, But Securities Are Years Away From A Mainstream Concept
The bear market has not quite ended in the cryptocurrency industry, but there are many ways that mainstream interest has been expressed lately, whether through crypto assets or even blockchain technology. However, there are plenty of use cases that, while initially were successful, may not express the true views of the collective. In a panel […]
Tezos Community Upset Over Class Action Lawsuit, Claiming It Is Damaging The XTZ Token Price
Any time a class action lawsuit takes over a cryptocurrency by a community member, there is usually a good majority of the rest of the community that supports the efforts. Perhaps this support is garnered over mutual dissatisfaction with the performance of a platform. However, that is not the case of the Tezos within their […]
Thomas Renna Goes To Court Over Revenue Claims Being “The Easy Part” For Choice Trade Holdings In Crypto
When it comes to cryptocurrency, there are many people that have tried to defraud consumers and trick them into paying more than they ought to, especially when they are new in the business. Others have honest intentions that simply go awry. A new lawsuit involving Choice Trade Holdings (plaintiffs) and Thomas Renna (defendant) seeks to […]
Bitcoin, Ethereum Rally as Market Gains Over $5 Billion in a Day; Crypto Bulls Returning?
Cryptocurrency market started the week with an impressive rally, rising from $120.91 billion to as high as $126.391 billion in a day. At 0900 UTC, the global crypto market cap was valued at 126.30, up 4.45% from Sunday’s low, with all the top 10 coins trending into their green territories. Bitcoin, the index’s leading cryptocurrency, […]