Former partner at law firm Locke Lord Mark S. Scott was found guilty of helping OneCoin co-founder Ruja Ignatova launder $400 million. A Manhattan federal jury has found lawyer Mark S. Scott guilty of helping OneCoin co-founder and current fugitive Ruja Ignatova launder $400 million. On Nov. 21, Law360 reported that the Manhattan jury of […]
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Following the ban of crypto purchases with credit card, Argentina’s P2P Bitcoin trading volume reaches an all-time high. Argentina’s central bank had formally banned consumers from purchasing Bitcoin (BTC) and other cryptocurrency using credit cards on Nov. 1. What followed was the very opposite of what the Argentine government had anticipated — over the past […]
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The number of Bitcoin ATMs installed worldwide has reached a new milestone. Coincidentally, regulators start looking to apply more scrutiny. Earlier this week, the number of Bitcoin (BTC) ATMs installed worldwide reached a new milestone, surpassing 6,000. Coincidentally, another major development just a day before occurred within the same area: The United States Internal Revenue […]
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Yahoo Finance, the U.S.-based financial news giant, has integrated crypto pricing by CoinMarketCap into its website. Yahoo Finance, the United States-based financial news giant, has integrated its website with cryptocurrency pricing by major crypto data supplier CoinMarketCap (CMC). The website now allows visitors to track prices for major cryptocurrencies, providing CMC-based data including market capitalization, […]
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Binance has denied recent reports that police raided its offices in Shanghai, stating that indeed, it has no offices in the city. Recent reports that Chinese authorities have raided the offices of leading cryptocurrency exchange Binance, are actually quite false. Speaking to Cointelegraph on Nov. 21, a Binance spokesperson refuted media reports that Chinese police […]
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Chinese police have reportedly shut down the Shanghai offices of leading cryptocurrency exchange Binance. Chinese authorities have reportedly raided and shut down the Shanghai offices of leading cryptocurrency exchange Binance. Citing unnamed local sources, The Block says that local police have shut down Binance’s offices after raiding the premises. Between 50–100 of the exchange’s employees […]
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A bipartisan team of senators introduced legislation that would regulate Facebook’s Libra stablecoin under securities law. American lawmakers have reportedly introduced a bill aiming to put Facebook’s Libra under the jurisdiction of the Securities and Exchange Commission (SEC). Two Texas representatives, Sylvia Garcia and Lance Gooden, have proposed legislation that would put even more regulatory […]
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Nicolas Maduro said that national oil inventories are ready for immediate commercialization to serve as backing for the Petro. Venezuela plans to back its national oil-pegged cryptocurrency, the Petro (PTR), with 30 million barrels of crude oil. Venezuelan President Nicolas Maduro announced that the oil inventories are sitting in the country’s storage tanks and are […]
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The Chinese technology capital of Shenzhen issued a warning against illegal activities concerning cryptocurrencies. The Chinese technology capital of Shenzhen issued a warning against illegal activities concerning cryptocurrencies. Local finance news outlet Eastmoney reported on Nov. 21 also that Shenzhen’s Leading Group for Remediation of Internet Finance Risks will investigate and collect evidence on illegal […]
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Binance’s crypto trading platform for United States-based users, Binance.US, has partnered with crypto brokerage firm Tagomi to provide institutional liquidity for its users. Binance’s cryptocurrency trading platform for United States-based users, Binance.US, has partnered with crypto brokerage firm Tagomi to provide institutional liquidity for its users. The partnership was announced in a Nov. 21 press […]
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