Podcast: Catherine Coley on Launching and Operating Binance.US

In this episode, Dave Hollerith interviews Catherine Coley, CEO of Binance.US. Binance is the largest global cryptocurrency exchange in the world, but it has avoided competing in the U.S. until a few months ago with the launch of Coley’s subsidiary.To remain compliant with regulations, Binance.US exists as its own company. In October 2019, when Binance.US…

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Cashaa Announces U.S. Dollar Bank Accounts for Cryptocurrency Firms

Bitcoin banking platform Cashaa will soon offer U.S. dollar bank accounts for cryptocurrency-focused businesses, except those operating in sanctioned countries. Cashaa offers banking services like International Bank Account Number (IBAN) accounts, international SWIFT transfers for fiat and credit card processing for cryptocurrency-based businesses, which often struggle to receive these services from traditional banks. It also enables…

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Was a Lone Whale Really Behind Bitcoin’s 2017 Bull Run? Don’t Bet on It

“Ignorance is the parent of fear.” — Herman Melville, Moby Dick In July 2019, John M. Griffin and Amin Shams, academics from the University of Texas and the University of Ohio, respectively, published the cleverly titled report “Is Bitcoin Really Un-Tethered?”Their “findings” echoed through mainstream and cryptocurrency media alike. The duo boldly claimed that bitcoin’s…

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Users Can Now Buy Bitcoin on DropBit Using Apple Pay or Google Pay

On November 5, 2019, Bitcoin-focused product hub Coin Ninja announced that, through a collaboration with cryptocurrency payments company Wyre, users can now buy bitcoin directly on the DropBit app with Apple Pay and Google Pay.Coin Ninja calls DropBit its “Venmo for bitcoin,” a bitcoin wallet and payment service particularly designed to help Bitcoiners send BTC…

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Huobi Japan Raises $4.6M for Expansion

The Japanese branch of cryptocurrency exchange Huobi has raised about $4.6 million in equity funding by issuing new shares to Japanese financial services company FPG Corporation. Huobi Japan announced the move noting that the raised funds will be put toward expanding its business. Huobi has been working to expand for quite some time. Based in…

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