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Ripple launches ODL service for money transfers between Japan and the Philippines

Ripple launches ODL service for money transfers between Japan and the Philippines

Ripple enters the nearly $ 2 billion a year remittance market between Japan and the Philippines through the launch of the On-Demand Liquidity (ODL) international payments system.

Litecoin
PayPal Launches Advanced Cryptocurrency Application

PayPal Launches Advanced Cryptocurrency Application

Payment company PayPal announced the imminent launch of a “super application” for working with cryptocurrencies – it will be a new cryptocurrency wallet with additional features.

Litecoin
Eesti Pank tests digital euro with other EU central banks

Eesti Pank tests digital euro with other EU central banks

The Estonian Central Bank is confident in the potential and scalability of the digital euro after an experiment with several other central banks in the Eurozone.

Litecoin
Bank of America: “government cryptocurrencies are much more efficient than cash”

Bank of America: “government cryptocurrencies are much more efficient than cash”

Bank of America analysts believe that government cryptocurrencies could form “a much more efficient payment system than cash” and also reduce the popularity of stablecoins.

Litecoin
Chinese mining company BIT Mining expands presence in Kazakhstan

Chinese mining company BIT Mining expands presence in Kazakhstan

The mining company BIT Mining continues to transfer capacities from China to Kazakhstan, and not only moves the existing equipment, but also buys new for placement in the country.

Litecoin
State Street Bank Launches Cryptocurrency Services For Private Clients

State Street Bank Launches Cryptocurrency Services For Private Clients

State Street, one of the oldest American banks, in collaboration with the New York-based company Lukka, launches cryptocurrency services for individual clients. & Nbsp; & nbsp;

Litecoin
Coinbase: ETH Trading Volume Reaches $ 1.4 Trillion In 2021

Coinbase: ETH Trading Volume Reaches $ 1.4 Trillion In 2021

This year on Coinbase, the growth in trading volume for ETH has outpaced that for BTC and other cryptocurrencies. The growth is due to the activity of institutional investors and interest in DeFi.

Litecoin
Blocking of BlockFi activities in New Jersey postponed to fall

Blocking of BlockFi activities in New Jersey postponed to fall

The New Jersey Securities Bureau has postponed the effective date of the BlockFi lockdown order to September 2.

Litecoin
US Congress plans to receive $ 28 billion from extended taxation of cryptocurrencies

US Congress plans to receive $ 28 billion from extended taxation of cryptocurrencies

American lawmakers want to find funds to finance infrastructure worth $ 28 billion by increasing taxation of transactions with cryptocurrencies.

Litecoin
EY to Launch Blockchain Solution to Simplify Tax Calculation

EY to Launch Blockchain Solution to Simplify Tax Calculation

Consulting company Ernst & Young (EY) has completed the development of a blockchain solution that should make life easier for citizens of various countries who receive income abroad.