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Binance CEO dismisses Shanghai police raid news as “pure FUD,” says rival crypto exchanges are paying for disinformation

The chief executive of Binance, one of the world’s top crypto exchanges, has vociferously denied reports that the firm’s Shanghai office has been raided by Chinese authorities. Incredibly, CEO Changpeng Zhao claims Malta-based Binance, in fact, has no Shanghai office and that the allegations are part of a smear campaign paid for by rival crypto […] The post Binance CEO dismisses Shanghai police raid news as “pure FUD,” says rival crypto exchanges are paying for disinformation appeared first on CryptoSlate. дальше »

2019-11-22 08:21


Ripple CTO David Schwartz Calls Elliptic’s XRP Report A PR Stunt To Get Clicks

David Schwartz, Ripple CTO says it’s just an attempt to “get clicks” on the “PR Stunt” by leveraging XRP’s name More than $400 million worth of XRP are traced back to illegal activities, with a large portion of it to Ponzi schemes and scams, Elliptic, a blockchain analytics startup said in its report, released Wednesday. […] дальше »

2019-11-21 17:38


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United States: FinCEN says Crypto Exchanges must Share Customer info by June 2020

As part of efforts to curb the use of blockchain-based virtual currencies for unlawful activities such as money laundering, the United States Financial Crimes Enforcement Network (FinCEN) has mandated all money services businesses (MSBs) such as Bitcoin (BTC) trading venues to start transmitting certain customer info for transactions up to $3,000 or higher. дальше »

2019-11-21 02:00


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Tax Evasion with Cryptocurrencies Could rise due to De Minimis Exemption

While calls continue for a lenient crypto tax regime, one commentator says a ‘de minimis’ exemption status for virtual assets will encourage Bitcoin tax evasion, reports Law 360. Crypto Tax Evasion Will Become Commonplace According to Law360, Omri Marian of the University of California’s Irvin School isn’t in support of a de minimis tax exemptionRead MoreRead More. дальше »

2019-11-21 00:00


60% Of German Banks’ Charge Negative Interest Rates, ECB Says It Could Give Rise To ‘Bigger Risks’

Nearly 60% of German banks are charging negative interest rates from corporate clients on deposits while 23% are doing the same for retail customers, revealed a survey by the German central bank. Two weeks after the European Central Bank cut interest rates deeper into negative territory, from minus 0.4% to minus 0.5% in mid-September, the […] дальше »

2019-11-21 23:58


LocalBitcoin CEO Says 5000 New Users Signing Up Daily For The Peer-to-Peer Bitcoin Exchange

From 15,000 BTC in early September, the number of bitcoins changing hands on LocalBitcoins has dropped down to almost 4,000 BTC, registering a drop of 73% in the global volume on the platform. These volumes are less than even that registered in 2018 when the volume remained above 5,000 BTC. It was in early 2013 […] дальше »

2019-11-20 17:19


Binance is No Longer One of Top 10 Exchanges, Says CryptoCompare

CryptoCompare, a data provider on cryptocurrency, recently updated the rankings of the many exchanges on the market, organizing them by traded volumes. While Binance has consistently been one of the top 10 exchanges with this ranking, the data provider states that the exchange is no longer in that top level. The Block recently published an […] дальше »

2019-11-19 23:18


FEMA to Consider Use of BlockChain To Speed Up Disaster Insurance Payouts

The US Federal Emergency Management Agency (FEMA) should explore blockchain based solutions to smoothen disaster insurance payments, says its National Advisory Council (NAC). In its draft November report that was released on Monday, NAC advised the FEMA Administrator to explore blockchain technology to smoothen and enhance the speed of insurance premium payouts to disaster victims. […] дальше »

2019-11-19 22:58


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Bitcoin Will Enter New Bullish Cycle in March 2020, Analysts Confirm

China anti-cryptocurrency FUD is sending BTC into a slump as it enters its third week of sell-offs. Don’t worry though, says skewAnalytics, Bitcoin will be bullish long term next year. Bitcoin Will Be Bullish Long Term The bears appear to be firmly in control at the moment as China’s clampdown on cryptocurrencies spurs further sell-offs. дальше »

2019-11-20 19:27