Japan’s central bank doesn’t want a CBDC. What about others? On October 20, The Bank of Japan’s (BOJ) deputy governor, Masayoshi Amamiya, repeated his negative stance towards central bank-issued digital currencies (CBDC), claiming that such digital currencies are unlikely to improve the existing monetary systems. The concept of CBDC, or national cryptocurrencies, has attracted many […]
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South Korea’s financial watchdog has warned investors that local crypto funds are violating the national Capital Markets Act. South Korea’s Financial Services Commission (FSC) has issued a statement to warn investors to be cautious while investing in cryptocurrency funds, according to documents published on the official FSC website on Oct. 24. According to the FSC, […]
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Police have seized an allegedly unregistered Bitcoin ATM machine in India and arrested its owner, the co-founder of domestic crypto exchange Unocoin. The co-founder of Indian crypto exchange Unocoin has been arrested shortly after setting up an allegedly unregistered Bitcoin (BTC) ATM machine in Bangalore, English-language daily Times of India reports Oct. 24. The 37-year-old […]
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The SEC has stopped securities trading of a Nevada-based firm for making false claims that its crypto trading activities were registered with the regulator. The U.S. Securities and Exchange Commission (SEC) has suspended securities trading of a Nevada-based firm for making false claims that its cryptocurrency trading activities were approved by the SEC, according to […]
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Investment giant Fidelity is turning to digital assets services, and Steve Wozniak gets into blockchain. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph […]
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The city of Ephrata, Washington, has temporarily halted new crypto mining developments for the next 12 months. The city of Ephrata, Washington, will halt new crypto mining developments in the city for the next 12 months, Eastern Washington and North Idaho daily newspaper The Spokesman Review reports Friday, Oct. 19. The recently announced suspension will […]
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The Financial Action Task Force has introduced changes to its AML standards covering digital currency-related firms. The Financial Action Task Force (FATF) has adopted changes to its standards regarding digital currencies and firms involved into cryptocurrency-related activities, according to an announcement published Oct. 19. Paris-based FATF, also known as Groupe d’action financière (GAFI), is an […]
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Sberbank’s CEO says governments are not ready to give way to decentralized currencies – at least not within the next 10 years. Herman Gref, CEO of state-owned Sberbank – Russia’s largest banking conglomerate – believes that global governments won’t “let go” of centralized models to “allow” decentralized cryptocurrencies to flourish within the next 10 years, […]
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Are Mastercard and VISA about to deem crypto and ICOs ‘high risk’? On October 12, Finance Magnates reported that payment giants Mastercard and VISA will both soon group cryptocurrency and Initial Coin Offering (ICO) jurisdictions in a new “high risk” category. What are the consequences for those ‘high risk’ merchants? According to the publication’s undisclosed […]
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Dubai and the United Arab Emirates are making concerted efforts to be global leaders in blockchain adoption. In some countries around the world, governments have had a stifling effect on the adoption of blockchain technology. Conversely, the government of the UAE and Dubai have been the driving force behind the promotion of blockchain use in […]
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