Bitcoin rewards shopping app Lolli now works at major American grocery chain Safeway to give customers 3.5% back in Bitcoin on all their purchases. Bitcoin (BTC) rewards shopping app Lolli has partnered with major American grocery chain Safeway to give customers 3.5% back in Bitcoin on all their purchases. Making Bitcoin ‘part of everyday life’ […]
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The CEO of the Nigeria Deposit Insurance Corporation says cryptocurrencies are very risky since they are not regulated or backed by central banks. The Nigeria Deposit Insurance Corporation (NDIC), a federal insurance overseer and safety net provider, has issued a public warning about relying on cryptocurrency transactions in a press release on July 25. According […]
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The SEC says Pocketful of Quarters is free to release its intended gaming rewards token without registration, as it is not a security. The United States Securities and Exchange Commission (SEC) has cleared a crypto gaming company to issue blockchain tokens without registration, deeming the tokens to not be securities. The SEC published its determination […]
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The U.S. Department of Justice has charged a man for alleged defrauding investors out of $7 million through a cryptocurrency settlements service. Federal authorities in the state of New York have unsealed fraud charges against the principal of a purported cryptocurrency escrow company Volantis in the amount of over $7 million. According to an announcement […]
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The Croatian Post is running a pilot program to let customers exchange crypto for cash by means of a QR code scanner in select offices. The Croatian Post has partnered with Electrocoin to run a pilot program for a crypto-to-fiat exchange in the city of Zadar. The pilot service will reportedly enable crypto holders to […]
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Brad Garlinghouse, CEO of crypto startup Ripple, is concerned about potentially stricter regulations for the digital currency industry caused by Facebook’s Libra stablecoin. Brad Garlinghouse, CEO of blockchain and crypto firm Ripple, is concerned about potentially stricter regulation for the digital currency industry that could result from Facebook’s not-yet-issued Libra stablecoin. Garlinghouse delivered his comments […]
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The president of a major Brazilian trade association said that a proposed tax reform could invite people to turn to crypto to evade taxes. The head of a major Brazilian trade association, the Federation of Industries of the State of São Paulo (FIESP), said that Brazilians could start using crypto to evade taxes. Paulo Skaf, […]
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A judge in Brazil has ordered crypto exchange’s to provide user data on four suspects connected to the anti-corruption Operation Car Wash case. Four individuals allegedly involved in hacking the cell phones of Brazil’s Justice Minister Sergio Moro regularly used Bitcoin (BTC) and other cryptocurrencies, Cointelegraph Brazil reported on July 25. On July 23, the […]
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While the nation’s second-largest bank is remarkably active in registering novel blockchain-powered solutions, critics fear that this might be not in the industry’s long-term interest. Earlier this week, Bank of America (BofA), one the United States’ largest financial institutions, made a massive splash in the crypto sphere as the details of its recently registered patent, entitled […]
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Overstock’s digital currency arm tZERO has released an Android version of its recently launched cryptocurrency mobile application. Overstock’s digital currency arm tZERO has released an Android version of its recently launched cryptocurrency mobile application, according to a press release published on July 25. Initially, the tZERO Crypto App rolled out in late June supporting two […]
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