CryptoCurrency News: Largest Bitcoin ATM Network Coinme Raises New Funding from Ripple’s Xpring

Coinme, which provides kiosks and ATMs for digital currencies, raised $1.5 million in a Series A-1 financing round that included Ripple’s subsidiary Xpring and Blockchain Finance Fund. Proceeds from the funding will be used for additional licensing to expand its U.S. and international coverage. The company is licensed to operate bitcoin ATM’s in 29 states […]

via CoinDesk

CryptoCurrency News: Tagomi Rollout Paves Way for Institutional Crypto Shorting

Crypto brokerage Tagomi released its borrowing and lending platform to the wider public, enabling investors to short cryptocurrencies like bitcoin and ethereum. Tagomi’s COO Kevin Johnson told CoinDesk that its new platform addresses issues that stymie institutional crypto shorts. Many large-scale investors could not short cryptocurrencies as rapidly as they might short an equity position […]

via CoinDesk

CryptoCurrency News: Facebook’s Libra Pushes Back at Claims Project Is Threat to Financial Stability

The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens financial stability.

via CoinDesk