A senior Vietnamese police official said cryptocurrency fundraisers are illegal in the country and people should not invest in them. The former deputy head of Vietnam’s Criminal Police Department, Vu Hoang Kien, has stated that campaigns to raise money for cryptocurrency businesses are illegal in the country. Kien warned Vietnamese citizens to stay vigilant and […]
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Waves founder Sasha Ivanov warns that decentralized finance’s surge might have negative consequences. Decentralized finance’s (DeFi) surging popularity might backfire and hurt the forward-looking sector, Waves cryptocurrency platform founder and CEO Sasha Ivanov told Cointelegraph in a recent interview. Ivanov compared DeFi to the 2017 ICO craze in a tweet earlier today, saying, “Please let’s […]
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The CEO of Wirecard, who resigned recently, was arrested by German police under accusations of conspiring to inflate assets and revenue to entice investors. The former chief executive officer of Wirecard, a German fintech company, has been detained by Munich police after being charged with misrepresenting the company’s balances. As reported by Reuters and many others, […]
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Sudden suggestions that Bitcoin support is coming to PayPal and Venmo is causing traders to reassess the likelihood of a BTC price bull run. Bitcoin (BTC) coming to PayPal and Venmo may be just a rumor, but some of the cryptocurrency’s best-known names are turning bullish. As the news hit that the payment processor was […]
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A 23-year old Singaporean accused of unlicensed Bitcoin dealing is set to become the first person to be charged under the city-state’s Payment Services Act. A 23-year old Singaporean accused of unlicensed Bitcoin (BTC) dealing is set to become the first person to be charged under the city-state’s Payment Services Act. The Singapore Police Force […]
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According to CEO Adam Traidman, SBI Ripple Asia is conducting trial and pilot projects in Asia for Ripple’s On-Demand Liquidity. Asia may be the next proving ground for crypto firm Ripple to reach with its cross-border payments corridor. In a June 18 interview on the YouTube channel Thinking Crypto, Adam Traidman, CEO of SBI Ripple […]
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The Italian Banking Association announced it would be ready to start work on a European central bank digital currency. The Italian Banking Association (ABI) has revealed it would be willing to support the implementation of a digital currency from the European Central Bank. According to a June 28 update on the ABI website, the association […]
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Some Russian regulators propose a blanket ban on digital asset trading, but the country is too far along the path of crypto adoption. Russia has long been home to a vibrant crypto retail market, yet the nation’s regulation of digital assets still lags behind. As a spate of stakeholders and disparate regulatory authorities struggles to figure […]
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New research from Xangle suggests Japan’s Financial Services Agency is more likely to approve crypto projects not involved in casino Dapps. Regulators in Japan may be more inclined to approve new virtual currencies for trading if they have greater financial transparency and aren’t involved in gambling Dapps. According to a new report from Xangle Research […]
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Retailers including CVS Pharmacy, Rite Aid, and 7-Eleven now allow LibertyX mobile app users to purchase up to $500 in Bitcoin with cash. LibertyX, the firm that launched one of the early Bitcoin ATMs, has just made purchasing Bitcoin in cash possible at more than 20,000 retail locations across the United States. In a June […]
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