South Korea’s national legislature has passed a law to introduce a permitting system for cryptocurrency exchanges based on real-name confirmed bank accounts. On March 5, South Korea’s National Assembly passed a revised bill on the reporting and use of special financial transaction information, focusing on the introduction of a permit system for cryptocurrency exchanges. Accordingly, […]
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Bitcoin reclaiming $9,000 proves cause for celebration as the stock-to-flow model creator continues to fend off concerns that his outlook is too optimistic. Bitcoin (BTC) rising to $100,000 next year has “more one hundred-plus events” backing it up, price analyst PlanB has confirmed. In the ongoing Twitter debate over his stock-to-flow Bitcoin price model, the […]
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Rosen Law Firm has filed a class action lawsuit on behalf of investors in ASIC producer Canaan’s IPO. Blockchain services and cryptocurrency mining hardware producer Canaan is facing a class-action lawsuit filed by investors following claims of dubious practices for attracting investments. Investor rights-focused law firm Rosen Law Firm has initiated the suit on behalf […]
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Square Crypto is now revealing the criteria for its grants program that funds Bitcoin developers working on improving its privacy, usability, scalability and other features. Square Crypto, the payments company launched by Twitter founder Jack Dorsey, is now officially supporting Bitcoin (BTC) development through a grant program. This formalizes the already significant contributions made by […]
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Africa has enormous potential for developing a sustainable fintech industry. Here is the analysis of the three flagship economics in Africa: Kenya, Ethiopia and Ghana. For many, Africa represents the final frontier of untapped economic growth. Across its diverse countries, growth rates continue to outpace those achieved in long-developed economies. Collectively, growth on the continent […]
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BitGo, a crypto firm that claims to handle over 20% of all Bitcoin transactions, is launching an institutional-level crypto lending. As the cryptocurrency lending industry continues to grow, another major crypto company is getting into the business. BitGo, a crypto firm that claims to handle over 20% of all Bitcoin (BTC) transactions, is launching an […]
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Top Indian exchanges Unocoin and WazirX have resumed fiat deposits less than a day after the Supreme Court quashed restrictions on banks’ services to crypto firms in the country. Major Indian crypto exchanges Unocoin and WazirX have resumed fiat deposits less than a day after the Supreme Court quashed restrictions on banks’ services to crypto firms […]
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Both co-founders of an alleged Ponzi scheme called Zima Digital Assets have pleaded not guilty to operating a $9 million cryptocurrency investment fraud. Zachary Salter, the co-founder of Zima Digital Assets alongside 28-year-old John Caruso, has pleaded not guilty to charges of money laundering and conspiracy to commit wire fraud in his arraignment in Arizona […]
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A fresh surge indicates that Bitcoin miners remain wholly committed to security and profitability in line with expectations, despite weaker price action. Bitcoin (BTC) miners have set a fresh all-time high in terms of computing power they are willing to dedicate to validating transactions. Cryptocurrency market daily overview. Source: Coin360 Pomp: Hash rate shows BTC […]
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Microsoft, ConsySys and EY have launched Baseline, an open-source smart contract and tokenization protocol for enterprises on the Ethereum Mainnet. Global taxation and transaction advisory firm EY have announced the launch of their open-source Baseline protocol. Baseline comprises a smart contract and tokenization platform built for enterprises on top of the Ethereum blockchain. Baseline was […]
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