LocalBitcoins continues its path to full regulation with an official license from the Finnish Financial Services Authority. The Finnish Financial Services Authority (FIN-FSA) has officially registered LocalBitcoins as a virtual currency provider, starting at the beginning of November 2019. Finland only allows officially registered providers who fulfill the legal requirements to operate in the country. […]
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Iranian protesters have set Behbahan branch of the Central Bank of Iran on fire as the cryptocurrency community follows the developments. Iranian protesters have set the building of the Central Bank of the Islamic Republic of Iran in the city located in the city of Behbahan on fire, as the cryptocurrency community closely follows the […]
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The U.S. presidential hopeful claims that free handouts would be a benefit, but the value of the dollars they would receive was diluted long ago — unlike Bitcoin. Bitcoin (BTC) proponents are criticizing United States presidential candidate Andrew Yang after he claimed he was “literally trying to give everybody money.” In an ongoing Twitter debate […]
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Cryptocurrency platform Celsius Network announced that it reached $4.25 billion in total crypto loan origination. Cryptocurrency platform Celsius Network announced that it reached $4.25 billion in total crypto loan origination as of Nov. 12 in a press release shared with Cointelegraph. Celsius reached $4.25 billion of cryptocurrency loans since the start of its activity in […]
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Two years on, the BTCC co-founder regrets supporting the failed SegWit2x Bitcoin hard fork proposal, having previously pushed for its adoption. Bitcoin’s (BTC) failed hard fork attempt from 2017, SegWit2x, was “extremely dangerous and irresponsible,” says a CEO who was formerly one of its biggest supporters. In a series of tweets on Nov. 16, Bobby […]
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The amount of worldwide debt will expand to levels never before seen this year, as Bitcoiners urge consumers to “fight the war” on financial sovereignty. The world’s combined debt will hit $255 trillion by the end of 2019 — equal to $32,500 for each person on the planet or $12.1 million per Bitcoin (BTC). Bitcoin […]
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Flying under the radar, Turkey is becoming one of the leading adopters of crypto in the world. When thinking of countries that are ahead of the curve in crypto adoption, Turkey might not be the first place that springs to mind. However, Statistica’s Global Consumer Survey for 2019 shows that a fifth Turkish residents are […]
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FinCEN Director Kenneth Blanco said that Anti-Money Laundering laws will be strictly enforced in the world of crypto. The United States Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco said that Anti-Money Laundering (AML) laws will be strictly enforced in the world of cryptocurrencies. On Nov. 15, Reuters reported that Blanco made it crystal clear […]
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With the crypto winter now in the past, the industry’s titans are rushing to get their IPOs underway. The buildup to the 2017 peak in cryptocurrency prices intoxicated business owners and investors around the world. The momentum was so great that new businesses popped up every second of the day, all hoping to cash in […]
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The Weibo accounts of Binance and the Tron Foundation are blocked, while those of Huobi and OKEx are still available. Binance’s official account on China’s major microblogging website Weibo has been blocked. The account of the major global exchange was blocked on Nov. 13, purportedly due to violations of the site’s policies, Taiwan-based publication The […]
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