Rampant selling in recent weeks dragged total market capitalization from above $210 billion on Nov. 14 to just below $116 billion on Nov. 25. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct […]
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Aftermath of the BCH hash war. It has been more than a week since the Bitcoin Cash (BCH) blockchain was split into two during the fateful hard fork. Two opposing sides clashed over the future of BCH as an asset, and it is time to see where both parties stand, now that the dust has […]
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Bitmain is facing a class action lawsuit of $5 million that alleges it mined cryptocurrency for its own benefit on its customers’ devices. Crypto mining giant Bitmain is facing a class action lawsuit of $5 million that alleges it mined cryptocurrency for its own benefit on its customers’ devices. The filings were published under docket […]
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Hardware wallet manufacturer Ledger has installed an ex-ICE executive to head its Ledger Vault offshoot. Cryptocurrency hardware wallet manufacturer Ledger announced it is expanding to New York as part of its development of institutional custody offering Ledger Vault, according to a press release shared with Cointelegraph Nov. 26. Ledger, which launched pre-access for Ledger Vault […]
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Crypto markets mirror Ohio’s green light to offer taxpayers a Bitcoin payment option as the top currency breaks back over $4,000. Monday, Nov. 26: crypto markets have seen a strong flush of green amidst the recent news that the U.S. state of Ohio is poised to become the first state to accept Bitcoin (BTC) for […]
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Taiwan has implemented new AML regulations on crypto exchanges. Was it influenced by China? On November 2, Taiwan officially tightened anti-money laundering (AML) policies targeted at crypto exchanges, requesting exchanges to monitor and prevent any illegal transaction processed using digital assets. According to the newly drafted Money Laundering Control Act and Terrorism Financing Prevention Act […]
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France’s regulators and central bank have reiterated warnings against the risks associated with cryptocurrencies. French stock market regulator, the Autorite des Marches Financiers (AMF), has jointly issued a warning with the country’s central bank and French Prudential Supervision and Resolution Authority (ACPR) recalling the risks associated with “speculative” crypto assets. The warning was posted as […]
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Al Hilal Bank has completed “the world’s first sukuk transaction” using blockchain technology. Al Hilal Bank, based in Abu Dhabi, the United Arab Emirates (UAE), has announced it has completed “the world’s first sukuk transaction” with the use of blockchain technology, Reuters reports Nov. 26. Sukuk, a legal instrument also known as “sharia compliant” bonds, […]
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Twice the number of crypto-related businesses are getting scrutiny from the U.K. regulator now as compared to May. The U.K.’s financial regulator has doubled the number of cryptocurrency-related businesses it is inspecting over unlicensed operations, local daily news outlet The Telegraph reported Nov. 26. Responding to a Freedom of Information request by the publication, the […]
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Malaysia’s finance minister has stated that any entity wishing to issue cryptocurrency must defer to the country’s central bank. Malaysian Finance Minister Lim Guan Eng has stated that any entity wishing to issue cryptocurrency must defer to the country’s central bank, Bank Negara Malaysia (BNM). The minister’s comments were reported by local English-language daily broadsheet […]
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