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Binance will launch its first cryptocurrency-to-fiat trading pairs in Uganda

Oct15
by on October 15, 2018 at 11:54 am
Posted In: Around the Web, cryptocurrency, Hard Fork


After a registration process lasting some four months, Binance will finally offer fiat-to-cryptocurrency trading pairs through its new Uganda exchange come Wednesday. Announced via press release, Ugandans are now able to fully submit identity documents and begin depositing fiat ahead of live trade, something expected to start in two weeks. Binance Uganda will initially allow verified users to trade Ugandan Shillings for Bitcoin and Ethereum, but it promises to add more cryptocurrency pairs in the future. Wei Zhou, Binance’s chief finance officer, called the trading pairs an “innovation,” and commented they are the “first step” of its efforts to use…

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a couple of laughzillas on a blue diamond background

Binance will launch its first cryptocurrency-to-fiat trading pairs in Uganda

Oct15
by on October 15, 2018 at 11:54 am
Posted In: Around the Web, cryptocurrency, Hard Fork


After a registration process lasting some four months, Binance will finally offer fiat-to-cryptocurrency trading pairs through its new Uganda exchange come Wednesday. Announced via press release, Ugandans are now able to fully submit identity documents and begin depositing fiat ahead of live trade, something expected to start in two weeks. Binance Uganda will initially allow verified users to trade Ugandan Shillings for Bitcoin and Ethereum, but it promises to add more cryptocurrency pairs in the future. Wei Zhou, Binance’s chief finance officer, called the trading pairs an “innovation,” and commented they are the “first step” of its efforts to use…

This story continues at The Next Web

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a couple of laughzillas on a blue diamond background

Research: Corporations struggle to scale their blockchain solutions

Oct15
by on October 15, 2018 at 10:50 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Research from financial market advisory firm Greenwich Associates has found corporations are struggling to deliver on their blockchain promises. Greenwich Associates interviewed 213 companies – that claim to be working on integrating blockchain or distributed ledger technology (DLT) into their business – to establish the challenges they face and why development has been slower than expected. Interviews took place between February and March of this year. Greenwich Associates claim that 93 percent of respondents are key decision makers or actively work in blockchain projects. Perhaps not surprisingly, nearly half of the respondents work in banks, and a majority of those…

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a couple of laughzillas on a blue diamond background

Research: Corporations struggle to scale their blockchain solutions

Oct15
by on October 15, 2018 at 10:50 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Research from financial market advisory firm Greenwich Associates has found corporations are struggling to deliver on their blockchain promises. Greenwich Associates interviewed 213 companies – that claim to be working on integrating blockchain or distributed ledger technology (DLT) into their business – to establish the challenges they face and why development has been slower than expected. Interviews took place between February and March of this year. Greenwich Associates claim that 93 percent of respondents are key decision makers or actively work in blockchain projects. Perhaps not surprisingly, nearly half of the respondents work in banks, and a majority of those…

This story continues at The Next Web

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a couple of laughzillas on a blue diamond background

Barclays reportedly shelves plans to trade cryptocurrencies for its clients

Oct15
by on October 15, 2018 at 9:54 am
Posted In: Around the Web, cryptocurrency, Hard Fork


International banking giant Barclays has reportedly shelved plans to create its own cryptocurrency trading platform, which would have seen it actively trade digital assets for its clients. Earlier this year, Barclays put together a senior team of four to lead a “digital assets project,” to investigate the long-term investment viability of cryptocurrencies, and the IT infrastructure it would need in order to trade them. Sources familiar with the matter have indicated the plans are now “on ice,” Financial News reports. The project was being led by the bank’s previous head of energy trading, Chris Tyrer, alongside Marvin Barth, Barclays head of…

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