SM Digital Holding and Wallex Prove That Bulgaria Is the Next Leading Hub for Fintech Companies
Many fintech startups and established companies are now looking for a new home across Europe due to Brexit. Bulgaria is shaping up to be the top destination for many of them, including crypto, blockchain and licensed electronic money institutions, as proven by leading firms such as SM Digital Holding and Wallex. Meet the Next Blockchain Industry Hub Bulgaria is known for having a good track record with the fintech ecosystem, and for...
Major Latin American University Launches Specialization Featuring Crypto-Related Topics
One of the biggest and most laureate universities in Latin America approved the launch of a Financial Engineering specialization course, whose modules cover crypto and blockchain-related subjects, marking it a historic landmark across the region’s educational sector. Mexico’s Biggest University Is Set to Teach Crypto Topics on Brand-New Specialization According to the official announcement in its monthly bulletin, the National...
QE Infinity: US Fed to Keep Rates at Zero, Billion-Dollar Bond Purchases Until Economy Recovers
This week the U.S. Federal Reserve met for two days at the Federal Open Market Committee meeting and detailed that it would keep short-term borrowing rates at near zero. Meanwhile, the Fed also stated that it would continue buying bonds until the U.S. economy returns to full employment. America’s central bank met this week for the last Federal Open Market Committee (FOMC) meeting of 2020. The Fed has a touch more optimism for the end...
Coinbase Files Paperwork With SEC to Launch Public Offering
U.S. cryptocurrency exchange Coinbase had confidentially filed a draft registration for a public offering to the Securities and Exchange Commission (SEC). Coinbase Sent Draft Registration to the US SEC On December 17, 2020, the exchange made the announcement on its blog, stating that the firm submitted a draft registration statement on Form S-1 with the SEC. The firm also clarified: The Form S-1 is expected to become effective after...
YouTube-DL Dispute Helps Yout.com Enhance Lawsuit Against RIAA
During October, the RIAA ignited a fierce debate and significant outrage when it filed a complaint that took down the open source software youtube-dl from Github. The music industry group stated that the “clear purpose” of youtube-dl was to “circumvent the technological protection measures” used by YouTube to “reproduce and distribute music videos and sound recordings owned by our member companies without authorization for such use.”...