The financial market regulator of Luxembourg warned the public about the activities of a clone website impersonating crypto payments provider BitPay. Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), has red-flagged the activities of a fraudulent clone website that is impersonating cryptocurrency payment services provider BitPay. On Sept. 18, the CSSF issued a […]
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Facebook reportedly met British authorities and regulatory officials three times prior to publicly announcing the Libra stablecoin project. Facebook reportedly met British authorities and regulatory officials three times prior to publicly announcing plans for the Libra stablecoin project. As Reuters reported on Sept. 18, this spring Facebook had several appointments with officials at Britain’s finance […]
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North Korea is reportedly in the early stages of developing its own Bitcoin-like cryptocurrency to avoid international sanctions. A North Korean representative reportedly said that the country is in the early stages of developing its own Bitcoin (BTC)-like cryptocurrency. North Korea trying to evade international sanctions On Sept. 18, Vice news reported that the Democratic […]
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American e-commerce giant Overstock is working on the liberalization of its planned digital dividend shares trading. American e-commerce giant Overstock hopes to liberalize its planned digital dividend shares trading. According to a Sept. 18 press release, Overstock is working with regulatory authorities on making its digital asset-based dividend freely tradable by non-affiliates following distribution. As […]
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Cryptocurrencies are not a competitor to gold, according to North America COO of Barrick Gold, Catherine Raw. Catherine Raw, the North America COO of the largest gold mining firm in the world, Barrick Gold, said that she does not think cryptocurrencies are competitive with gold, Fortune reported on Sept. 18. Raw made her remarks yesterday […]
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IBM, Citibank and video game giant Ubisoft have joined Singapore-based blockchain accelerator Tribe Accelerator. IBM, Citibank and video game giant Ubisoft have signed up to Singapore-based blockchain accelerator Tribe Accelerator. Corporations mingle with blockchain startups Local news outlet TheStraitsTimes reported on Sept. 18 that the companies above joined as corporate partners Tribe accelerator for the […]
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It was Bitcoin’s turn for inertia this week as altcoin investors delighted in a long-awaited market upturn. Bitcoin (BTC) was still staying close to $10,200 on Sept. 18 as the largest cryptocurrency left it to altcoins to produce investor gains. Market visualization. Source: Coin360 Another day, another Bitcoin pump delay Data from Coin360 showed BTC/USD […]
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New York financial watchdog approves three stablecoin offerings including BUSD, backed by Paxos and Binance. A sign of things to come? Over the course of the past few weeks, the global cryptocurrency community bore witness to two major announcements related to stablecoins — with the first being the launch of Paxos’s gold-backed Ethereum token, PAX […]
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Cryptocurrencies can be spent in most stores, most Europeans falsely believe, according to a new ING Bank survey. Most Europeans believe cryptocurrencies can be spent in most stores, according to the results of a survey conducted by ING Bank and published on Sept. 18. Crypto can be spent in most stores? The survey, which has […]
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BTCC veteran Bobby Lee claims the Chinese have always thought of Bitcoin as an investment rather than a payment system. Bobby Lee — co-founder and former CEO of China’s first crypto exchange BTCC — says the Chinese have always thought of Bitcoin as an investment rather than a payment system. Lee made his remarks during […]
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