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EU is returning to the question of regulating the cryptocurrency market

In Vienna on 7 September 2018, the EU Economy Ministers Meeting will be held where the future of cryptocurrencies and the need for their regulation will be discussed. The cryptocurrency traders and coin issuers should prepare themselves for a new limitation and attention wave, this time initiated by the European politicians.

EU summit in Vienna

The Finance Ministers representing 28 member states of the European Union (EU) intend to discuss the risks and problems related to the growth of the digital asset popularity at the forthcoming meeting in Vienna.

It is reported that the key topics of the summit will be the lack of transparency of the cryptocurrencies and the possibility of using it for criminal purposes, including money laundering and tax evasion. We remind you that the recent study confirms that only 0.67% of Bitcoin network transactions are used for criminal purposes.

The European Parliament has previously approved a new package of measures to combat money laundering in the countries of the European Union, including the intention of the officials to strengthen control over bitcoin and other virtual currencies. In order to prevent the anonymity of cryptocurrencies, the exchange platforms, virtual wallets and banking institutions will be required to verify the origin of the customers' personalities and funds.

The European authorities, frightened by the large fluctuations in prices in this segment, have already warned cryptocurrency investors more than once that their rights are not protected in any way under the current rules. The executive power of the European Union – the European Commission has promised to keep pace with the dynamics of the digital asset market and, if necessary, to take the necessary measures simultaneously with other supervisory authorities.

On the other hand, Europe supports the development of the new technologies based on the digital currency.

Epay Review 2018

What is ePay?

Epay is a relatively new, but rapidly developing payment system. The service was launched in 2014. It is a trademark of the Chinese corporation Epay Global Limited. The dashboard of the epay.com is available in English and Chinese.

epay

Despite the territorial location in China, this payment system easily operates in the international financial system, allowing you to make purchases almost from anywhere in the world, make deposits and receive money transfers. With the help of Epay, the users can send and receive money orders, pay for goods and services on the network, as well as make currency exchange with the help of third-party currency exchangers.

Deposit & Withdraw. The system allows the use of popular payment systems and remittances listed below:


  • - PerfectMoney

  • - Payeer

  • - AdvCash

  • - FasaPay

  • - Wire Transfer

  • - Bitcoin

  • - Ripple

  • - Eosio

  • - Tether

  • - Litecoin

  • - Bitcoin Cash

  • - Ethereum

  • - Currency exchangers.

In order to get full access to all the service capabilities, you will need to undergo a verification process. This measure will also help to protect your account and funds more reliably. Verification of all financial operations in the system takes place very quickly and simply.This circumstance favourably distinguishes this young system among the rest.

Epay offers the users a wide range of services with minimal commissions, most of the operations are not levied.

An affiliate program is available on the service, with the help of which you can receive additional earnings. According to the terms of the program, you will be able to make a profit of 5% of the transactions of your first level referral, and 3% of the second level referral transactions.

The developers and owners of the online stores have the opportunity to use the API service. Using the API, you can easily and quickly establish a payment process on the network.

On the Epay website, you will find the FAQ (Frequently Asked Questions)section that discusses the main points of using the service. If you have any questions, the specialists of the support service will be happy to help you.

Buy, sell or exchange Epay on XMLGold.eu

How to buy ePay - youtube tutorial

XMLGold online currency converter allows you to convert Epay in different digital currencies, like AdvCash,Payeer, Bitcoin, Litecoin, Tether, Wire Transfer, Sepa Transfer, Ex-code, Wex code, eCoin code etc. XMLGold will provide fast and secure transactions, together with a low exchange fees.



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Barclays Bank announces partnership with start-up company Crowdz

The British Financial Group Barclays Bank announces partnership with start-up company Crowd for integrating cryptocurrency Ethereum, which will support Barclaycard.

Barclays bank

It is planned to accelerate the speed of plastic card transactions with the help of the of blockchain technologies. It is planned that payments will be made through the Crowdz blockchain platform and will begin as a pilot project for half a year. If the pilot project proves to be successful, the start-up will have the opportunity to work with the Barclays customers.

Revolut has announced that it has launched the Revolut Metal debit card

Revolut Metal will support cryptocurrency transactions and allow you to receive cashback for purchases in cryptocurrency. The company will allow the use of the payment platform without commission, and offers the customers a simple currency exchange between 25 world currencies.

Revolut

For the fans of new technologies, the Revolut Metal debit card will cost $ 154 per year or $ 16.5 per month, which the company promises to compensate for with various options.

The representative of the company pointed out:

“We believe that Revolut Metal is the product necessary for people of all ages and incomes. We are convinced that Revolut Metal will be an exclusive and irreplaceable card for the traveller all over the world."

Revolut has already attracted more than 2.5 million customers, with the transaction volume of EUR 1.5 billion only in a few years, but in the last investment round, the new company was valued in the amount of 1.7 billion.

Bloomberg: The use of Bitcoin Cash in mutual settlements is decreasing

Bloomberg reports that, according to the data provided by the blockchain analysis company Chainanalysis, the use of Bitcoin Cash for mutual settlements is declining sharply.

Bitcoin Cash

The price of Bitcoin Cash has fallen by 75% since the beginning of 2018. According to the data analysis of the cryptocurrency exchanges (17 major cryptocurrency payment services - BitPay, Coinify, GoCoin etc.) , the turnover of Bitcoin Cash within the period from March to May decreased from $ 10.5 million to $ 3.7 million. Another Bitcoin Cash minus – it is concentrated only in some addresses, about 67 wallets control almost half of the Bitcoin Cash coins, but two wallets store from 10,000 to 100,000 BCH.

The Australian people will be able to pay their bills with bitcoins

Australian citizens will be able to pay their bills using bitcoins, regardless of whether the issuers of bills accept cryptocurrency. This has been made possible thanks to the cryptocurrency exchange Cointree and billing platform Gobbill.

Australia bills bitcoin

“We started to work only last year, but thanks to our cooperation with Cointree we are looking forward to an influx of customers. In the future, we will see if it will become a daily life. Gobbill gives you the ability to pay by a bank card or account, now we also add cryptocurrencies,” the deal was commented by Shendon Ewans, the co-founder of Gobbill.

Perfect Money Review 2018

What is Perfect Money?

Perfect Money is a financial service that permits users to do instant payments and to form money transfers firmly throughout the internet. It opens great opportunities to internet users and owners of the internet businesses.

Official website: https://perfectmoney.is/

perfect moneyAll the users of Perfect Money may simply convert their funds into alternative electronic currencies in the shortest terms and at cheap rates. The established approach of cooperation with banks permits Perfect Money to receive and to send wire transfers worldwide.

Perfect Money was created in 2007. Officially, the payment system is under Perfect Money Finance Corporation. Registered in Panama/Central America.

Deposit Options


  • - Bank Wire (Minimum deposit amount is 300 USD);

  • - e-Voucher;

  • - Certified Partners (E-currency Payment systems, E-currency Exchange platforms…). Customer can add funds using payment systems, like, for example, Western Union, MoneyGram, ePay;

  • - Bitcoin;

  • - Credit Exchange.


Withdrawal Options


  • - Bank wire;

  • - Perfect Money e-Voucher (Note: e-Vouchers never expire);

  • - E-currency;

  • - Certified Exchange Partners;

  • - Bitcoin;

  • - Credit Exchange.


Security

Numerous reviews claim that Perfect Money has strong security system, at the same time it keeps simplicity and convenience of the system’s use. As a result it brings the risks of Perfect Money users to all-time low mark. Even more, each user of this system has right to set up security settings individually.

The security system allows its customer to choose from the offered security tools individually, depending on customer personal security strategy, tactics.

Multi-level security system includes account protection, defending tools like:

1) Identity check. This tool is integrated with identification aim of Perfect Money account holder. How does it work? Technically “Identity check” security tool compares ‘login data’, like, IP, device, browser etc.

In case if client authentication is performed from new IP addresses, which aren't associated with the owner's account, security system blocks the doorway to account and sends an extra safety code to the email (fixed throughout account registration). Change of IP is formed individually through the Support Center.

2) SMS Authentication. After login attempts the PM security system sends message with the verification code to the account keeper's mobile phone number. It is one of the most reliable methods how to make sure about the account holder identity.

3) Code Card Protection. Another good security system’s tool. Client gets a card with graphic image with codes (sent through the email). For approval of the transaction, security system automatically sends to the customer an inquiry on random order delivery of definite code from the Code Card. Code Card is a convenient and trustful protection method for confirmation of transactions. It is a well-known security method in the global financial payment sector.

Account & e-Wallet


Perfect Money offers its clients 2 kinds of accounts:


  • - Personal;

  • - Business.


The account includes 3 different currencies:


  • - USD;

  • - EUR;

  • - Gold.


Perfect Money has 3 statuses:


  • - Normal;

  • - Premium;

  • - Partner accounts.

Account ID. Account ID is a combination of numbers, which starts from U (dollar account), E (euro account) or G (gold account).


Benefits


  • - Convenient and professionally made reports simplify work in Perfect Money account. Different kind of information, charts about your orders, financial operations, account status and many more will be available in personal account;

  • - System of automatic repeated payment set up. This tool is supposed to rearrange monthly expenses of your enterprise; it permits payments to be performed in automatic mode;

  • - Good API merchant. Basing our opinion on the standards of practicality, reliability and safety, we don't expect any analogue of Perfect Money to seem within the next few years;

  • - Multi-language system makes usage of the system very convenient. The website is available in 23 different languages;

  • - Well developed - Affiliate program.

Disadvantages

- Perfect Money has not his own plastic Credit Card (which would be a minus if we search Payment system especially for cash withdrawal, output at ATM).

Fees & Commissions

Perfect Money Payment System’s current fees: https://perfectmoney.is/fees.html

Partners

In the Perfect Money partner list, you will find a many different E-currency payment systems, E-currency exchange platforms. Through the Perfect Money partners you will be able fast and secure - to buy, sell, or exchange different kind of digital currencies.

Support Center

24 / 7 Responsive & Secure ticket System. The Secure „Ticket System” is developed to ensure private communication between Perfect Money customers and Support Center.

How to buy Perfect Money?

You can buy, sell or convert Perfect Money on XMLGold.eu (online e-currency exchanger).

XMLGold is one of the Perfect Money company’s partners. As the proof of that you can use Perfect Money Partner list: https://perfectmoney.is/business-partners.html

Moreover XMLGold has the highest Perfect Money Trust score between Digital currency & Cryptocurrency exchangers at world leading e-currency monitoring site – BestChange.com.

With Perfect Money Trust Score 8600 (See more:https://www.bestchange.com/xmlgold-exchanger.html) XMLGold proudly shows itself as a reliable, trustful and leading e-currency exchanger of Perfect Money.

Through XMLGold.eu you can buy, sell or exchange Perfect Money and Perfect Money Vouchers with Bitcoin, Litecoin, Advanced Cash (AdvCash), Payeer, Bitcoin Cash, Ethereum, Sepa Transfer, Bank Transfer, Wex-Code, C-CEX Code, eCoin Code, ePay, Exmo Code, Tether and many more coming. Or you can exchange Perfect Money by Cash and withdraw at ATM by XMLGold Prepaid Card.


How to buy Perfect Money - youtube tutorial

How does it work?

Simply select on the left side/window what currency you want to sell and on the right side what currency you want to purchase and fill the necessary information. It is fast and simple. Most of the currencies you will be able to exchange instantly.

Note: If the particular reserves are over. You can always choose the option „Extend Reserve” or Buy/Sell More”. Simply click on the bottom – „Extend Reserve” and order the currency and the amount you need.



The related articles:

- What is Payeer?

- What is Epay?

Cryptocurrency hidden mining viruses attack computers and smartphones

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The hackers find ever more opportunities to use alien power for cryptocurrency acquisition, and this problem is increasing in geometric progression. Kaspersky Lab data show that the hidden miners programs were fixed in 2.2 million computers of users worldwide in the last quarter. Over three months, about 14 thousand new infected devices were discovered.

hidden mining

While the popularity of “racketeering” viruses drops, the hidden mining takes speed. Such a virus is capable of infecting a wide variety of devices. If the acquisition of Bitcoin on your home computer is impractical because it requires special equipment, then the new cryptocurrency can be obtained even in the browser directly and even on mobile devices and tablets.

Kaspersky Lab warns – a hidden mining can lead to an increase in electricity bill, device malfunction, even its falling out. It is also possible that the hackers can stop the acquisition of cryptocurrency and use more radical methods of earning money – requesting file encryption and redemption fees.

Ticket