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UK Regulators Plan “Comprehensive Response” to Illicit Crypto Use
Christopher Woolard of the United Kingdom (UK) Financial Conduct Authority (FCA) has indicated that UK regulators are planning a “comprehensive response” to the illicit adoption of crypto assets amid increased adoption among local businesses and consumers. дальше »
2018-11-25 09:55 | |
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Indian State Working to Help Crypto Businesses Grow
An Indian minister has reportedly revealed that a state government is working to protect businesses operating without a regulatory framework in India. They include cryptocurrency exchanges and crypto-accepting merchants. дальше »
2018-11-24 23:30 | |
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Indian State Working to Help Cryptocurrency Businesses Grow
An Indian minister has reportedly revealed that a state government is working to protect businesses operating without a regulatory framework in India. They include cryptocurrency exchanges and crypto-accepting merchants. дальше »
2018-11-24 23:30 | |
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French Residents Will Soon Be Able to Buy Bitcoin (BTC) in Local Tobacco Shops
KeplerK, a France-based fintech firm has established a strategic partnership with tobacco shops in the region to enable them to sell bitcoin (BTC) to cryptocurrency enthusiasts in the state starting from 2019, reported Reuters on November 22, 2018. дальше »
2018-11-23 09:31 | |
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The Winds of Change Have Begun to Blow for Cryptocurrencies in Malaysia
Despite the recent slump the crypto market has experienced, industry analysts believe that digital currencies such as bitcoin, have the potential to be aggressively embraced by local investors in the next financial cycle, the Malaysian Reserve reported on November 21, 2018. дальше »
2018-11-22 14:00 | |
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Busted: Manhattan 21-Year old Arrested For $1 Million Cryptocurrency Theft
Nicholas Truglia, a 21-year old con man, residing in Manhattan, New York, was arrested by the local police at his apartment for hacking into others mobile phones to steal cryptocurrencies, reports New York Times on November 20, 2018. дальше »
2018-11-22 10:00 | |
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Spain Monitors 15,000 Cryptocurrency Investors to Curb Tax Evasion
Spain’s Ministry of the Treasury has identified 15,000 cryptocurrency investors it will monitor to prevent tax evasion and money laundering, according to local media reports. The ministry has vowed to ensure that the investors pay taxes on capital gains from digital currency transactions and that they declare any other benefits accrued from trading. дальше »
2018-11-22 04:10 | |
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Bitcoin Hashrate Drop Sparks Rumors of $3.8K Miner ‘Turn-Off Price’
The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and Primitive partner Dovey Wan. дальше »
2018-11-21 20:00 | |
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Japan’s Largest Shipping Line to Launch Digital Currency to Pay Crew Members
Japan’s shipping line powerhouse Nippon Yusen KK is set to introduce its own digital currency for internal use, specifically to pay its seafaring workers, reports Bloomberg, November 20, 2018. The move is aimed towards minimizing the hassle and costs of the process of managing, sending and converting money to their respective local currencies. дальше »
2018-11-21 18:00 | |
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Catalonia Turns to Blockchain Technology For Electronic Voting System
Catalonia, an autonomous community, located in northeastern Spain may be looking to adopt distributed ledger technology (DLT) for external e-voting, to make it easier for citizens residing outside the region to participate in the electoral process, according to local news source La Vanguardia on November 19, 2018. дальше »
2018-11-21 05:00 | |
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Zimbabweans Use BTC to Pay for Food Hampers Amid Foreign Currency Crisis
Study263, a Zimbabwean-owned fintech startup operating from South Africa, has opened an online store allowing Zimbabweans to buy food hampers that are delivered directly to their homes. Shoppers have the option to pay for items like cooking oil and baked beans in BTC, Paypal or Ecocash, a local mobile money payment system. дальше »
2018-11-20 22:05 | |
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Huobi Plays Party Line in China, Creates Communist Committee
What do Bitcoin and communism have in common? Huobi. The world’s third largest digital assets exchange has set up a Communist Party committee via its $2. 9 million-subsidiary, Beijing Lianhuo Information Service, reported the South China Morning Post. дальше »
2018-11-21 20:00 | |
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New Cryptocurrency-Based ETP Arrives in Switzerland
Amun AG, a startup in Zug, Switzerland, has received a license from Swiss authorities to offer a new cryptocurrency exchange-traded product (ETP). An ETP is a blanket term to denote a security that derives its price from an underlying asset (e. дальше »
2018-11-20 02:50 | |
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China’s Ping An Insurance Firm Partner With Sanya City Authorities to Build DLT-Powered Smart City
Ping An Insurance Group, a highly reputed China-based insurance corporation has joined forces with the Sanya municipal government to develop a “smart city” that would be powered by blockchain technology, artificial intelligence (AI) and other new technologies,” according to a local news source, People’s Daily on November 14, 2018. дальше »
2018-11-18 00:00 | |
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Estonia Issues Over 900 Licenses to Cryptocurrency Businesses
In less than a year since Estonia introduced licensing for companies operating in the cryptocurrency industry, the number of licenses issued has surpassed 900. Authorities in the Baltic country have adopted a rather progressive approach to regulating the crypto space but startups have complained that local banks are still reluctant to offer them regular services. дальше »
2018-11-17 12:15 | |
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The ‘Wal-Mart’ of Venezuela Has Started Accepting Bitcoin
As Venezuela is in the grip of hyperinflation, a large local Wal-Mart-like department store has started to accept bitcoin for goods. Cryptocurrencies: A Viable Alternative More and more are cryptocurrencies establishing themselves as a viable alternative to Venezuela’s redenominated local currency the Sovereign Bolivar. дальше »
2018-11-16 16:00 | |
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Moscow Has 120,000 Residents Using Bitcoin, Yandex Survey Finds
Moscow has an estimated 1 percent or 120,000 people actively using cryptocurrency, according to a new survey from Yandex. Moscow Has 120,000 Bitcoin Users? The survey was a joint project from the local Information Technology Department (DIT) and payments service Yandex. дальше »
2018-11-15 22:00 | |
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International Bitcoin miners vanish after stacking up $1.5M debt in Sweden
Sweden‘s northernmost county opened its arms to two cryptocurrency mining firms earlier this year – but it might now be regretting the decision. The county of Norrbotten, Sweden is playing host to a cryptocurrency mining mystery. дальше »
2018-11-14 13:15 | |
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Bitcoin beats iTunes vouchers as preferred payment for Australian scammers
In what could be one of the strangest milestones in cryptocurrency history, Bitcoin is now the preferred payment method of Australian tax scammers, surpassing iTunes vouchers for the first time. дальше »
2018-11-14 13:02 | |
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Bitcoin Blackmail Scam Terrorizing Paradise Valley Residents
A local Arizona police department is warning residents in the area of a potential blackmail scam involving Bitcoin. Paradise Valley Residents Receive Threatening Letter Demanding Bitcoin Paradise Valley, Arizona police department is warning residents via its official social media accounts of a blackmail letter being sent around that attempts to scare recipients of the letter. дальше »
2018-11-14 10:00 | |
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Thai Siblings Accused of $24 Million Crypto Scam Plead “Not Guilty”
On November 12, 2018, The infamous Thai siblings accused of duping a Finnish man for bitcoin worth $24 million have pleaded not guilty in court over money laundering charges. The siblings were first arrested in August this year for engineering a cryptocurrency scam. дальше »
2018-11-14 04:00 | |
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43-year-old Thrown in Prison After Trying to Bomb a UK Crypto Business
A British citizen has been sentenced to six and a half years in prison after he tried to bomb a British cryptocurrency firm. The 43-year-old convict resented the company because of their failure to reset his account password. дальше »
2018-11-12 22:29 | |
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Cleveland’s Great Lakes Science Center Now Accepts Bitcoin Payments
The Great Lakes Science Center (GLSC) is now accepting bitcoin in various transactions. According to a recent news story from a Cleveland-based newspaper, the local Great Lakes Science Center has announced their adoption of bitcoin in a variety of transactions. дальше »
2018-11-13 21:30 | |
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Iran Completes Development of Rial-Supported National Cryptocurrency
Iran has finalized the development of its national cryptocurrency, which is backed by the local fiat unit, the rial. Once the Central Bank of Iran (CBI) approves its use, the yet-to-be-named digital currency will then be issued to banking institutions for testing in payments, internal and interbank settlements according to local media reports. дальше »
2018-11-11 04:15 | |
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Swedish man sentenced to 7 years in jail after mailing a pipe bomb to Bitcoin exchange
A Swedish man has been convicted of attempted murder after sending numerous threatening letters to local politicians – and mailing a bomb-like device to a Bitcoin company in London. The Stockholm District Court has sentenced 43-year Michael Salonen to seven years in prison, AP reports. дальше »
2018-11-9 15:36 | |
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PR: Volentix Introduces a Digital Assets Ecosystem DAE
The Volentix digital assets ecosystem is composed of four core applications. VENUE is a dynamic community platform that recruits and aligns members of the VOLENTIX community to support distribution of the native VOLENTIX digital asset VTX. дальше »
2018-11-9 21:30 | |
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Huobi Opens Office in Russia, Plans Startup Accelerator and Mining Hotels
The Russian branch of digital asset exchange Huobi is scheduled to open on Nov. 12 with a Russian-language website and local support services. The global cryptocurrency company wants to support Russian startups and mining projects, in addition to launching an educational program. дальше »
2018-11-8 16:05 | |
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Marshalls Island President Heine’s Cryptocurrency Plan Faces No-Confidence Vote
Marshalls Island President Hilda Heine’s controversial plan to introduce a sovereign cryptocurrency faced a lot of opposition in local Parliament and from the International Monetary Fund (IMF). According to The Guardian’s article published on November 5, 2018, President Hein’s cryptocurrency plan was met with sharp criticism from eight senators, which led her to her first vote of no-confidence. дальше »
2018-11-7 20:00 | |
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Survey: South Africans Turning to Crypto as Hedge Against Volatility of the Rand
A survey by Luno, a London-based cryptocurrency platform, has revealed that a growing number of people in South Africa prefer holding cryptocurrencies such as bitcoin and bitcoin cash rather than the local fiat unit, the rand. дальше »
2018-11-7 13:00 | |
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Global Cryptocurrency Exchanges Cut Ties With Iran After New US Sanctions
A number of cryptocurrency exchanges have reportedly cut ties with Iran after the U. S. imposed tougher economic sanctions against the Islamic Republic. Sepehr Mohammadi, head of Iran’s Blockchain Community, told local media that Binance and Bittrex are some of the platforms to have unofficially dropped Iran from the list of supported countries to receive services. дальше »
2018-11-7 06:00 | |
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Norwegian Startup Bitruption Plans to Launch a Localbitcoins Competitor
On Nov. 4, a Norwegian startup announced the launch of a new peer-to-peer marketplace called Bitruption. Similar to Localbitcoins, the Bitruption exchange plans to offer a format under which users around the world will be able to advertise, buy and sell digital currencies for local fiat. дальше »
2018-11-7 21:30 | |
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First Bitcoin-Backed Loan Issued in Canada
The first Bitcoin-backed loan has been issued to a Canadian company allowing cryptocurrency holders to liquify their assets without selling. Bitcoin Loan a ‘Game Changer’ Canadian company Ledn, has purportedly become the first and only local lender to issue Canadian dollar loans using Bitcoin as collateral, according to local media Wealth Professional. дальше »
2018-11-6 04:00 | |
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Swiss Regulator Affirms Bitcoin and Cryptocurrencies Should Be Treated As Very Risky Assets
Recently, the Swiss financial regulator, the Swiss Financial Market Supervisory Authority (FINMA) has affirmed that crypto assets should be treated as risky assets with a 800% risk weight. The letter was dated to October 15. дальше »
2018-11-6 00:25 | |
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Remixpoint Inc. Ally with Hinomaru Limousine to Let Travelers Pay for Airport Rides with Bitcoin
Remixpoint Inc. , the parent company of BITPoint cryptocurrency exchange, which is one of the 16 licensed digital assets trading venues in Japan, has joined forces with Hinomaru Limousine Inc. , a local firm that claims to operate a fleet of 362 limos and 161 taxis, to make it possible for travelers to pay for airport rides with bitcoin, reported Bloomberg on. дальше »
2018-11-6 00:00 | |
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China's Central Bank Wants to Put the Damper Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-5 22:04 | |
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China's Central Bank Wants to Put the Damper on Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-7 22:04 | |
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Indian teen threatens to blow up Miami airport to avenge stolen Bitcoin
A high school student has been charged by authorities in India for threatening to blow up the Miami airport. The eighteen year old boy was unhappy with the US investigation agency FBI for not helping him recover a sum of Bitcoin he lost to a US-based fraudster. дальше »
2018-11-5 12:30 | |
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Bulgarian Officials Caught Accepting Bitcoin Bribes to Issue Passports
A handful of Bulgarian officials were busted accepting Bitcoin bribes for illegally issued passports. Busted! A trio of Bulgarian officials was recently arrested for accepting bribes in Bitcoin (BTC) in exchange for issuing passports to foreign applicants. дальше »
2018-11-5 00:00 | |
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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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Korean Crypto Exchange Bithumb to Launch Security Token Platform in the U.S.
South Korean cryptocurrency exchange Bithumb is reportedly exploring the possibility of a security token exchange in the U. S. , according to people familiar with the matter. Local news agency Yonhap News was able to confirm on November 2, 2018, that Bithumb has agreed to partner with American fintech company seriesOne. дальше »
2018-11-3 14:00 | |
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Bulgarian officials took Bitcoin bribes to issue passports to Ukrainians
Two Bulgarian government reps have been arrested on allegations of accepting bribes in Bitcoin in return for illegitimately issuing Bulgarian identity documents to foreign individuals. Court files claim the accused, both of whom held management positions in the National Agency for Bulgarian Citizens Abroad, have been illegally receiving payments to issue documents, according to local outlet NOVA. дальше »
2018-11-2 19:03 | |
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Canadian Regulators Warn Investors about Scam Crypto Firms
In a bid to sanitize the local finance ecosystem, the British Columbia Securities Commission (BCSC), one of the thirteen provincial financial watchdogs in crypto-friendly Canada, has warned investors to be wary of Eyeline Trading, an unregistered firm that claims to offer cryptocurrency trading and other bitcoin-linked investment products to clients, reported Finance Magnates on October 30, 2018. дальше »
2018-11-1 17:00 | |
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New Zealand Shows Its Crypto-Friendly Stance, Invests $300k In Crypto Platform
New Zealand is known as a crypto-friendly country. The nation highlighted its stance once more with the government’s recent $300,000 investment into a local cryptocurrency platform. NZ’s Vimba Investment New Zealand’s government recently awarded a $330,000 grant to the cryptocurrency savings and trading platform Vimba, according to an NZ Adviser report. дальше »
2018-11-1 14:29 | |
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How The US Mid-Term Elections Might Affect Bitcoin (BTC) and other Cryptocurrencies
The American voting process is unique in that every 2 years, citizens of the United States head to the ballot to cast their vote to select either a new President or local leaders in their respective states. дальше »
2018-11-1 13:15 | |
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Taiwanese Lawmaker Urges the Government to Create a New Business Category for Crypto FirmsTaiwanese Lawmaker Urges the Government to Create a New Business Category for Crypto Firms
According to October 29, 2018, report published by Technodes, Taiwanese lawmaker Jason Hsu has asked Taiwan’s Ministry of Economic Affairs to create a new business category and legal framework for security tokens. дальше »
2018-11-1 12:00 | |
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New Zealand Invests in Crypto Trading Platform, CEO Says Bitcoin Will Be Worth $600,000
The government of New Zealand has backed a local crypto savings and trading platform with $330,000 to expand its reach. Crypto Savings Firm Vimba Raises $330,000 from New Zealand Government Vimba, formerly known as MyCryptoSaver, originally founded as MyBitcoinSaver in 2014, is focused on crypto savings with a service that allows users to put their. дальше »
2018-11-1 01:00 | |
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South Korea Cracks Down on Unauthorized Cryptocurrency Funds
South Korean financial regulators are cracking down on unauthorized cryptocurrency funds. In particular, one crypto fund launched by a local exchange is reportedly being investigated. The exchange claims no wrongdoing as its token activities were carried out overseas, but has promptly canceled its plan to launch a second fund. дальше »
2018-10-31 02:00 | |
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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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Russia: Authority to Regulate Cryptocurrency Market per FATF Recommendations
A well-placed Russian official has called for global cryptocurrency standards to prevent money laundering and provide legitimacy to the industry while enforcing broad recommendations to control the sector, reported local news outlet Izvestia on October 29, 2018. дальше »
2018-10-31 22:00 | |
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