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IMF Head Makes Case for Central Bank Digital Currencies In Recent Speech
With contributing reporting from Jimmy Aki. Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital. дальше »
2018-11-15 22:38 | |
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Amsterdam Threatened: ‘Give Us Bitcoin (BTC)… Or Else’
Terrorists Seek $110,000 Bitcoin (BTC) Ransom Per an exclusive report from NLTimes, a Netherlands-based media outlet for English readers, supposed “terrorists” have emailed a handful of Amsterdam-based businesses, such as local cafes, asking for a ransom to be paid in Bitcoin (BTC). дальше »
2018-11-4 01:41 | |
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SEC’s End-of-Fiscal-Year Report Reveals Heavy Action Against ICO-Related Fraud
The U. S. Securities and Exchange Commission (SEC) has released a report detailing actions taken against fraudulent ICOs and financial ventures, and, indeed, the year has been wrought with cases. дальше »
2018-11-3 00:33 | |
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
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All You Need To Know About Atomic Swaps
Trading your bitcoin with someone is not an easy one, especially when the exchange is between two parties who have no relation at all. The thought of being defrauded does not encourage individuals to trade their bitcoins for another. дальше »
2018-10-30 13:29 | |
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Blockstack Looks to Boost Decentralized App Usage Through New App Mining Program
As a company looking to give users full control over their digital rights, Blockstack is piloting a new app mining program that encourages designers to create new applications directly on Blockstack’s platform and earn rewards in bitcoin. дальше »
2018-10-24 00:30 | |
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Bitcoin Magazine Week in Review: Stablecoins Take the Spotlight
With the exception of the SEC’s FinHub announcement, it has been a quiet week for regulatory news — something we’ve been getting a lot of recently as U. S. officials clamp down on unscrupulous coin offerings and crypto companies. дальше »
2018-10-20 17:49 | |
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Zebpay Sets up Operations Overseas After Suspending Exchange Activities in India
Zebpay is reportedly expanding its global presence after suspending cryptocurrency trading operations in India due to the banking ban imposed by the country’s central bank. According to information on its website, an entity has been set up to operate the Zebpay exchange in Malta to serve 20 countries. дальше »
2018-10-17 09:30 | |
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BTCC Launching Cryptocurrency Exchange in South Korea
Hong Kong-headquartered cryptocurrency exchange BTCC is reportedly launching services in South Korea this month. In addition to a cryptocurrency exchange, the company will offer a wallet service, a mining pool, and a consumer payments service, according to its Korean website. дальше »
2018-10-17 07:55 | |
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19 Companies Licensed to Operate Crypto Exchanges in Philippine Economic Zone
Nineteen firms have been granted provisional licenses to operate crypto exchanges by the Philippine government-owned Cagayan Economic Zone Authority. In addition, eight firms have paid the application fees and are being reviewed. дальше »
2018-10-16 08:50 | |
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Fidelity Launching Crypto Custody and Trading Services
Fidelity Investments has announced the launch of a new company dedicated to providing cryptocurrency services including custody and trade execution. The services will be available to institutional investors such as hedge funds, family offices, and market intermediaries. дальше »
2018-10-16 06:50 | |
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South Korea’s Largest Crypto Exchange Sold to Singapore-Based Consortium
The largest cryptocurrency exchange in South Korea by trading volume, Bithumb, has reportedly been sold to a Singapore-based consortium for approximately 400 billion won or $354 million. Bk Global Consortium, led by plastic surgeon Kim Byung-gun, will acquire the controlling stake and become the largest shareholder of Bithumb. дальше »
2018-10-13 04:05 | |
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Japanese Exchange Takeover: Zaif Transfers All Crypto Services to Fisco
Japanese crypto exchange Zaif has concluded a business transfer agreement with another regulated crypto exchange in Japan. Fisco Cryptocurrency Exchange will take over all of Zaif’s services and will be responsible for repaying users who lost their coins when Zaif was hacked last month. дальше »
2018-10-13 00:00 | |
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Korean Crypto Exchange Sued for Controversial Token Schemes
A lawsuit has reportedly been filed in South Korea against a local cryptocurrency exchange over its price-pumping schemes involving token issuance. The suit alleges that Cashierest’s token which pays dividends and rebates transaction fees to investors violates the country’s capital markets law. дальше »
2018-10-10 08:35 | |
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Japanese Internet Giant GMO to Launch Yen-Pegged Cryptocurrency
Japan’s GMO Internet Group has announced plans to issue a yen-pegged stablecoin called GMO Japanese Yen. Already in the crypto exchange and mining hardware businesses, the company plans to launch its third crypto enterprise with this stablecoin. дальше »
2018-10-10 03:15 | |
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Norway Establishes New Rules for Crypto Service Providers
The Financial Supervisory Authority of Norway is enforcing new money laundering regulations that apply to crypto exchange and storage providers in the country. The law will go into effect on Oct. дальше »
2018-10-7 21:55 | |
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Nordic Region’s Largest Bank Nordea Suspected of Money Laundering
Nordea, the largest bank in the Nordic region, is reportedly suspected of being part of a major international money laundering scandal. The scheme allegedly involved a Russian client and took place over multiple years at an international branch of the bank that is now closed. дальше »
2018-10-5 09:40 | |
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How to Set up a Bitcoin Paper Wallet
This article is a step-by-step how-to guide for creating bitcoin paper wallets. It walks through choosing a paper wallet generator, securing the computer environment to use it on, configuring and printing the wallets, cleaning up before and afterward to thwart hackers, and physically securing the wallets. дальше »
2018-10-2 05:10 | |
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North Dakota Issues Orders Against Bitconnect, Magma, Pension Rewards
The securities department of the US state of North Dakota has issued orders against three companies promoting initial coin offerings in the state. They are Bitconnect, Magma Foundation, and Pension Rewards. дальше »
2018-10-1 05:10 | |
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Proposed Crypto Mining Moratorium Rejected by County in Montana
Montana’s second most populous county, Missoula County, has rejected the proposal for a moratorium on cryptocurrency operations. The proposal was first presented at a public hearing in June but was postponed for three months. дальше »
2018-9-30 11:45 | |
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Blockchain’s Report Examines Benefits (and Failures) of Today’s Stablecoins
Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U. дальше »
2018-9-29 01:06 | |
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US Federal Judge Rules My Big Coin a Commodity, CFTC Can Pursue Charges
A U. S. federal judge has ruled that My Big Coin is a virtual currency meeting the definition of a commodity, which falls within the jurisdiction of the Commodity Futures Trading Commission (CFTC). дальше »
2018-9-29 00:30 | |
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India’s Zebpay Shuts Down Exchange Activities
One of the largest cryptocurrency exchanges in India, Zebpay, is shutting down its exchange activities due to the crypto banking ban imposed by the country’s central bank. “At this point, we are unable to find a reasonable way to conduct the cryptocurrency exchange business,” Zebpay wrote. дальше »
2018-9-28 14:28 | |
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RBI Denies Creating Crypto, Blockchain and AI Research Unit
India’s central bank has reportedly denied setting up a unit to research cryptocurrency, blockchain and artificial intelligence as the media reported last month. This unit was supposed to research, draft rules, and supervise new emerging technologies. дальше »
2018-9-28 01:05 | |
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Google Bringing Back Crypto Ads in US and Japan
Google has announced that regulated cryptocurrency exchanges will be allowed to advertise on its platforms in the United States and Japan starting in October. This removes some of the restrictions the company placed on crypto ads in June. дальше »
2018-9-26 11:15 | |
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Renewable Energy Can Solve Bitcoin’s (BTC) Energy Consumption ‘Achilles Heel’
Global Bitcoin mining operations have been reported to consumer enough energy to power an entire country. BTC mining has also been calculated to consume enough energy to power all the global electric cars for one year. дальше »
2018-9-25 11:33 | |
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Coinnest Executives Indicted for Accepting Bribe for Coin Listing
The Seoul Southern District Public Prosecutors’ Office has reportedly indicted two executives of South Korean crypto exchange Coinnest for accepting a bribe in exchange for listing a cryptocurrency. дальше »
2018-9-24 19:10 | |
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Chechnya to Create Mining Pool for Eurasian Economic Union Countries
Chechnya will create a Eurasian crypto mining pool, the press secretary of the head of the Chechen Republic has reportedly confirmed. The project aims to combine the resources of crypto miners from the Eurasian Economic Union countries. дальше »
2018-9-23 05:55 | |
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China Updates Crypto Rankings, Downgrades Bitcoin
The China Center for Information Industry Development has updated its crypto rankings. The list contains 33 crypto projects, ranked overall and in three separate categories. High up in the overall ranking are EOS, Ethereum, and Bitshares. дальше »
2018-9-22 21:05 | |
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Op Ed: Why Your Financial Advisor Won't Talk to You About Bitcoin
Bitcoin is in the news, and we’ve all seen the stories about early investors who’ve made millions and driven away in new lambos. So it’s only natural that people who haven’t invested already are wondering if they should. дальше »
2018-9-21 19:18 | |
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Danske Bank’s Alleged Money Laundering Now Totals $234 Billion, CEO Quits
The investigation into Danske Bank’s alleged money laundering has uncovered new funds. The amount of “questionable money” flowing through the bank’s Estonian branch has grown from $150 billion to approximately $234 billion. дальше »
2018-9-20 12:25 | |
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Japanese Regulated Exchange Zaif Hacked – Nearly 6000 BTC Stolen
Japanese government-approved cryptocurrency exchange Zaif has confirmed that it has been hacked. After a preliminary investigation, the exchange says at least 5,966 BTC have been stolen, with an estimated total damage of $60 million. дальше »
2018-9-20 10:25 | |
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Major Korean Crypto Exchange Upbit Opens in Singapore Next Month
Major South Korean cryptocurrency exchange Upbit will reportedly begin operations in Singapore next month. The new exchange will offer Singapore dollar trading as well as crypto-to-crypto pairs in three markets offered by Bittrex, Upbit’s US-based partner. дальше »
2018-9-20 00:25 | |
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PBOC Provides Update on Its Crypto Prevention Efforts
The People’s Bank of China (PBOC) has issued a statement detailing its efforts to stop and prevent crypto and initial coin offering activities in the country. The bank outlines measures against the widespread of overseas exchanges servicing domestic users such as blocking trading platforms and closing down 3,000 trading accounts. дальше »
2018-9-19 13:55 | |
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Denmark’s Largest Bank Took Two Years to Close Accounts of Blacklisted Russian Clients
Denmark’s largest bank, Danske Bank, reportedly knew that some of its Estonian branch’s clients were on the Russian government’s blacklist but did not close their accounts for two years. дальше »
2018-9-19 06:50 | |
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Five Major Banks Penalized in State Funds Theft Case in Kenya
Kenya’s central bank has penalized five major commercial banks for handling stolen state funds in the corruption scandal involving the country’s National Youth Service and Ministry of Devolution and Planning. дальше »
2018-9-19 15:30 | |
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$150B Money Laundering Probe of Danske Bank Implicates Citigroup and Deutsche Bank
U. S. law enforcement agencies have started their money laundering investigations of Danske Bank, Denmark’s largest bank, according to the Wall Street Journal. Citigroup and Deutsche Bank have been implicated. дальше »
2018-9-16 08:25 | |
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Mexico Publishes Crypto Rules, Puts Central Bank in Charge
The government of Mexico has published provisions regarding cryptocurrency. The Bank of Mexico will decide which cryptocurrencies are legal and fintech companies must gain approval from the central bank to operate in the crypto space. дальше »
2018-9-15 12:35 | |
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RBI Ban Hearing Delayed – Indian Supreme Court Too Busy for Crypto This Week
All petitions against the crypto banking ban by the Reserve Bank of India (RBI) are supposed to have been heard by the country’s supreme court on September 11. However, the court has been busy every day this week and has postponed the RBI ban hearing. дальше »
2018-9-15 00:10 | |
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Bittrex to Launch Crypto Exchange in Malta Next Month
US-based cryptocurrency exchange Bittrex is reportedly launching a crypto exchange in Malta at the beginning of next month. Bittrex says the new platform will allow them to list coins “a lot faster. дальше »
2018-9-14 18:40 | |
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Crypto Featured in British Soap Coronation Street With 8 Million Viewers
Cryptocurrency is a major plot of the longest-running British soap opera Coronation Street this week. Each of the show’s episodes currently has about 8 million viewers. A character in the show invested in a cryptocurrency back in 2011. дальше »
2018-9-13 17:51 | |
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Canadian Regulated Bitcoin Trust Achieves Mutual Fund Trust Status
A Canadian regulated bitcoin trust has achieved the mutual fund trust status, allowing eligible investors to invest in the trust through government-sponsored tax-efficient investment plans. The investment is approved by the Ontario Securities Commission and the British Columbia Securities Commission. дальше »
2018-9-13 11:10 | |
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Huobi to ‘Aggressively’ Enter Japanese Market
Crypto exchange Huobi is entering the Japanese market by acquiring a majority stake in one of the 16 government-approved crypto exchanges in the country. The company says it plans to “aggressively scale this trading platform into the largest in Japan,” with an eye on global expansion in the future. дальше »
2018-9-13 03:40 | |
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Decentralized Exchange Bisq Launches Mobile App, Holds Market Kickstart Event
Fully decentralized peer-to-peer crypto exchange Bisq has launched a mobile notification app for both Android and iOS systems. The platform saw record growth last month and is holding a market kickstart event as a way to boost liquidity. дальше »
2018-9-12 20:33 | |
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SEC Suspends Trading of XBT Provider’s Bitcoin Exchange-Traded Product
The U. S. Securities and Exchange Commission has suspended the trading of two XBT Provider products: Bitcoin Tracker One and Ether Tracker One. The agency attributes “a lack of current, consistent and accurate information” which leads to “confusion amongst market participants” as the reason. дальше »
2018-9-10 06:55 | |
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Russian Industry Association Launching Crypto Certification Program
The Russian crypto industry association is launching a crypto certification program. Applicants will be evaluated and issued a certificate showing their competency level which can be verified on the association’s website. дальше »
2018-9-9 11:25 | |
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Japan’s GMO Launches Live Crypto Trading Platform, Adds Mining Facilities
Japanese internet giant GMO has launched a live crypto trading platform via its subsidiary GMO Coin. This is the company’s third crypto exchange and trading service. Meanwhile, the group has established more mining facilities and has mined almost 3,000 BTC and over 660 BCH so far. дальше »
2018-9-9 22:05 | |
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Thai Government Approves Crypto Exchange, Wants Own Wallet
The Thai Securities and Exchange Commission has approved another crypto exchange to legally operate in the country. There are now six exchanges that have been granted approval. Meanwhile, the government is considering maintaining its own wallet in order to confiscate cryptocurrencies from illegal sources. дальше »
2018-9-8 13:57 | |
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