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The latest in cryptocurrency news from Moneyweb.
1

It’s better to be first on digital currencies

21 Nov 2020 /  Carolynn Look, Bloomberg
ECB study finds.
UPDATE
19

Crypto intermediaries must now be licensed FSPs

20 Nov 2020 /  Ciaran Ryan
FSCA proposes regulating crypto intermediaries as financial advisors.
12

Bitcoin ‘vulnerable to correction’

20 Nov 2020 /  Moneyweb
Though Citibank sees it at $318 000 in 2021.
14

Why private monies such as bitcoin threaten not just banks, but the tax base

20 Nov 2020 /  Ciaran Ryan
Economist Dawie Roodt of The Efficient Group explains what's ahead for banks – and it isn't necessarily good.
1

Paxful is using cryptocurrencies to slash the cost of money transfers

19 Nov 2020 /  Ciaran Ryan
And it’s about time – traditional transfer costs via banks can swallow more than 20% for small amounts.

Rocketing Bitcoin stakes claim as pandemic refuge for brave

18 Nov 2020 /  Joanna Ossinger, Bloomberg
The cryptocurrency’s almost 150% jump in 2020 puts the digital coin’s price relative to gold at the highest in almost three years.
1

The days of speedy payments using crypto have arrived

18 Nov 2020 /  Ciaran Ryan
Payments company Xago has just won serious endorsement from Capitec Bank. Xago founders Jurgen Kuhnel and Mark Chirnside explain what this means.

Bitcoin goes parabolic in retracement of 2017 record highs

18 Nov 2020 /  Vildana Hajric and Elena Popina, Bloomberg
'This Bitcoin thing is crazy,' said Matt Maley, chief market strategist at Miller Tabak + Co.
2

Bitcoin tops $17 000

17 Nov 2020 /  Vildana Hajric, Bloomberg
For first time since December 2017.
 
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