Bitfinex and Tether have acknowledged the judge’s decision not to dismiss their case due to a claimed lack of jurisdiction in New York but plan to appeal. Bitfinex and Tether have replied to Judge Joel Cohen’s recent ruling in the New York Attorney General (NYAG) ongoing case against companies. Cohen dismissed Bitfinex’s motion to throw […]
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Major cryptocurrencies are declining again, after recent brief recovery attempt, while Bitcoin price remains near $10,700. Tuesday, Aug. 20 — following a brief period of recovery, almost all of the top-20 coins by market capitalization have entered the red again, with Bitcoin (BTC) hovering around $10,700. Market visualization. Source: Coin360 The leading digital currency BTC […]
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As the crypto industry becomes more structured, major exchanges develop policy frameworks to evaluate the process of listing new tokens and delisting others… Binance.US, an upcoming subsidiary of one of the world’s leading cryptocurrency exchanges that will be compliant to operate within the United States, has recently gotten investors excited with an announcement that the […]
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The European Commission’s antitrust arm is investigating whether Libra will be an anticompetitive enterprise. Antitrust regulators at the European Commission, the executive branch of the European Union, have sent out a questionnaire to determine whether Facebook’s proposed stablecoin Libra is an anticompetitive project. Bloomberg learned of the news via a private document, per a report […]
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Square Crypto announced on Twitter that they have hired Matt Corallo, Bitcoin software developer and co-founder of Blockstream. Square Crypto, the cryptocurrency-focused branch of mobile payment company Square, has hired Blockstream co-founder and Bitcoin (BTC) developer Matt Corallo. Square Crypto announced the news in an official Twitter post on Aug. 20. Matt Corallo also commented […]
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Everex has received a full Money Transmitter License from a New Jersey regulator, allowing it to expand cryptocurrency trading service in the U.S. market. Stablecoin-based settlement platform Everex has obtained a full Money Transmitter License from a New Jersey regulator, allowing the company to test services in the United States. In a press release shared […]
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Crypto startup INX Limited has filed a prospectus with the SEC intending to conduct an IPO of 130 million native tokens to raise between $5 and $130 million. Gibraltar-registered blockchain and cryptocurrency-focused startup INX Limited intends to raise between $5 million and $130 million through an initial public offering (IPO) per a document filed with […]
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U.S. Secretary of State Mike Pompeo said that Bitcoin should be regulated the same way as other electronic financial transactions. United States Secretary of State Mike Pompeo believes that Bitcoin (BTC) should be regulated the same way as other electronic financial transactions. Security risks of reduced governmental monitoring In an interview on Squawk Box on […]
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Whale Alert, a service that tracks large cryptocurrency transactions, announced a new version of its platform that will add independent blockchain tracking. Whale Alert, a service dedicated to tracking major cryptocurrency transactions, has announced a second version of its platform in development. Updated tracking capabilities Whale Alert’s official Twitter account announced on Aug. 20 that […]
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Two U.S. states introduce regulation over crypto space. States regulate crypto differently, a question arises: What are the most friendly ones? On Aug. 14, at least two American states introduced regulatory actions targeting the crypto space. First, Maryland’s attorney general announced that the state is participating in Operation Cryptosweep, a joint initiative of state and […]
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