FinCEN has assessed a civil money penalty for a California resident accused of violating money transmission laws. The United States Financial Crimes Enforcement Network (FinCEN) has assessed a civil money penalty for a California resident accused of wilfully violating money transmission laws in his work as a peer-to-peer exchanger of virtual currencies. The news was […]
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Donald Tapscott, executive chairman of the Blockchain Research Institute, has said that Chinese renminbi will become a crypto. Donald Tapscott, executive chairman of the Blockchain Research Institute, stated that the official Chinese currency, the renminbi (RMB), will become a cryptocurrency, in an interview with Bloomberg on April 17. In the interview, Tapscott revealed that he […]
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Tether has started issuing its stablecoin USDT on the Tron blockchain. Tether has started issuing its stablecoin USDT on the Tron (TRX) blockchain. The development was announced in a blog post published on April 17. The development is an upgrade from the OMNI protocol-based USDT — which is pegged to the United States dollar on […]
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sponsored A global crypto platform has launched a leveraged bitcoin CFD, enabling traders to speculate on the asset’s price movements against the Japanese yen and U.S. dollar. A platform has launched a leveraged bitcoin contract-for-difference (CFD) product, enabling traders to speculate on the cryptocurrency’s price movements against the Japanese yen and United States dollar. Liquid […]
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Fintech firms can put blockchain technology to the test, but cryptocurrency projects are excluded, India’s central bank has announced. The Reserve Bank of India (RBI) has announced the terms of its regulatory sandbox in report on April 18. Per the terms of the sandbox, various applications of blockchain technology can be tested, while cryptocurrency-related projects […]
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Andrew Yang, a U.S. Democratic Presidential candidate in 2020, is advocating for clear regulations on digital assets. Andrew Yang, a United States Democratic presidential candidate for the 2020 elections, is advocating for clear regulations on digital assets. Yang put the key operative points in a policy published on his campaign website. Yang — an entrepreneur […]
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The National University of Columbia is joining the Bloxberg global scientific blockchain consortium. The National University of Columbia is joining the global blockchain consortium for science dubbed Bloxberg, Mauricio Tovar Gutiérrez, co-director of the research group at inTIColombia told Cointelegraph en Español on April 15. Bloxberg is a blockchain initiative formed by 12 research organizations […]
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Details are still sketchy after Bithumb lost $18 million due to a hack. In late March, major South Korean cryptocurrency exchange Bithumb lost around $18 million as a result of a hack. While the details are still sketchy — for instance, it is unclear whether or not it was an inside job, as Bithumb initially […]
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PayPal was granted a cybersecurity patent to prevent crypto ransomware hackers from locking up users’ files. Digital payments giant PayPal has won a cybersecurity patent to protect users from crypto ransomware, according to a document from the United States Patent and Trademark Office (USPTO) published on April 16. The system described in the patent, entitled […]
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Intercontinental Exchange-lead institutional cryptocurrency trading platform Bakkt is reportedly considering acquiring a New York “BitLicense” to launch its bitcoin futures. Intercontinental Exchange (ICE)-lead institutional cryptocurrency trading platform Bakkt is considering acquiring a New York BitLicense to launch its bitcoin futures, Bloomberg reports on April 18. Bakkt has seen resistance from the United States Commodity Futures […]
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