The United Nations Security Council’s Sanctions Committee on North Korea has accused the country of using a Hong Kong-based blockchain firm as a front to launder money. The United Nations Security Council’s Sanctions Committee on North Korea has accused the country of using a Hong Kong-based blockchain firm as a front to launder money. As […]
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A decision to treat Bitcoin mining as an undesirable industry earlier this year no longer features in China’s official plans, documents show. Bitcoin (BTC) mining will not face a state crackdown in China, authorities have confirmed in new official documents. As noted by Blockstream CSO Samson Mow and others on Nov. 6, mining no longer […]
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The European Union is doubling down on its commitment to block the launch of Facebook’s Libra should it deem the project to present “unmanageable or excessive risks.” The European Union is doubling down on its commitment to block the launch of Facebook’s Libra should it deem the project to present “unmanageable or excessive risks.” A […]
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Hong Kong’s financial watchdog announced it will unveil regulations for cryptocurrency exchanges and application requirements today. Hong Kong’s financial regulator — the Securities and Futures Commission (SFC) — will publish a new set of regulations for Bitcoin (BTC) and cryptocurrency exchanges today. The news, reported by Reuters on Nov. 6, was announced by Chief Executive […]
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Xpring, Ripple’s investment arm and tech incubator, has made an investment into smart contract platform Flare Networks. Xpring, Ripple’s investment arm and tech incubator has completed a strategic investment into smart contract platform Flare Networks. Joining the XRP ecosystem On Nov. 5, Flare Networks reported that it secured a partnership and investment with Xpring that […]
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Stellar takes the lead with 20%, while Bitcoin’s price hovers above the $9,300 price mark and the crypto markets continue to show upward price momentum. Tuesday Nov. 5 — Crypto prices continue to show upward momentum across markets, while Bitcoin (BTC) hovers around the $9,300 price mark and Stellar (XLM) takes a shot at the […]
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Coinbase’s legal chief Brian Brooks believes the private sector should be responsible for creating the United States digital dollar. Coinbase’s legal chief, Brian Brooks, feels that the United States government should take a step back and allow the private sector to create the U.S. digital dollar. Private sector should build the technology In a Fortune […]
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Stellar Lumens’ massive token burn might be the trigger needed to activate a new bullish market cycle on XLM? On Nov.4 Stellar Lumens announced the completion of a 50% token burn of their total supply. This led to the destruction of 55 billion (XLM) tokens and the Stellar Development Foundation explained that the token burn […]
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Libra will be a “journey of years and decades” and not a payment service like PayPal but more of an interoperability protocol like email, says Calibra’s VP of product. Facebook’s crypto project Libra will be more similar to email tech than payment services such as PayPal, vice president of product at Calibra said. Speaking at […]
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The U.S. SEC has set an extremely high bar for BTC ETF applicants, but new proposals keep coming. What will it take for one to be accepted? October has been a busy month in the race to register the first crypto exchange-traded fund compliant with the requirements of United States regulators. Following the Chicago Board […]
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