Commenting on cryptocurrency policy, a Federal Reserve governor highlighted a single study claiming thata only half of Bitcoin payments are above board. A member of the United States Federal Reserve’s board of governors appears to believe that one in four people who use Bitcoin (BTC) are criminals. In a panel speech honoring Benoît Coeuré, a […]
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A report from Kaspersky Lab suggests a growing fondness for prepaid debit cards among hackers, but it is too early to say whether Bitcoin is being left behind. Bitcoin (BTC) scammers may be abandoning the cryptocurrency to focus on extorting money via prepaid debit cards, a new study suggests. Revealing its findings in a blog […]
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Fresh correspondence from BitGo warns that Bitcoin SV’s February hard fork will make its wallets unable to receive any transactions. Digital currency management company BitGo has told users to move or convert funds they hold in altcoin Bitcoin SV (BSV) due to a compatibility problem. In a blog post on Dec. 18, BitGo said BSV’s […]
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The well-known social media personality will remain on board as a backup maintainer while handing over the reins to Snipa, a post confirms. Privacy-focused altcoin Monero (XMR) will see arguably its best-known advocate step down as the project’s lead maintainer in an upcoming reshuffle. In a blog post on Dec. 16, representatives confirmed that Riccardo […]
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New legislation called 5AMLD places crypto firmly under the EU’s regulatory umbrella. The deadline is rapidly approaching. 5AMLD — the Fifth Anti-Money Laundering Directive — is a piece of legislation that brings fiat-to-crypto exchanges and custodial wallets across the European Union under a new first-of-its-kind regulatory framework. Exchanges must achieve compliance with the rules by […]
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Here’s everything you wanted to know about how the Indian government addresses cryptocurrency. The Income Tax Department of India is secretly training its officials to investigate cryptocurrencies. An internal guidebook circulated by the department explains cryptocurrencies, their characteristics, the “dark side of Bitcoin” and the best investigation practices for tax officials. The Indian government doesn’t […]
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Expert Bitcoin investors and analysts are speculating about the sharp drop in the price of BTC from around $7,250 on Saturday, December 14, 2019 to under $6,600 on Tuesday, December 17, 2019. While long-term digital currency investors are evaluating assets stored with cryptocurrency custodial services, day-traders and others are trying to figure out the next […]
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San Francisco-based cryptocurrency exchange Kraken announced that it has acquired Circle’s over-the-counter desk, Circle Trading. San Francisco-based cryptocurrency exchange Kraken announced that it has acquired Circle’s over-the-counter (OTC) desk. In a Dec. 17 blog post, Kraken said that the company has bought “one of the most recognized OTC desks in crypto.” Circle co-founders Sean Neville […]
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Bitcoin is crashing below the $6,600 price mark, dropping $350 over the past few hours. Tuesday Dec. 17 – Bitcoin (BTC) is retracing rapidly from around the $6,950 price mark to below $6,600 in the past few hours. Cryptocurrency market daily overview. Source: Coin360 Bitcoin price is taking a painful nosedive, dropping close to $350 in […]
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Bitcoin price has slid further below $6,700 and is now retesting November lows for several technical reasons as the year draws to a close. On Monday Bitcoin price (BTC) abruptly fell below the $7,040 support and dropped to $6,800. As recent as Nov. 22 and Nov. 27, $6,800 served as support so a number of […]
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