Aximetria now has the blessing of regulators to act as a crypto financial intermediary, a press release confirms. Cryptocurrency-focused personal finance app Aximetria has gained a financial standards license recognized by Swiss regulators. In a press release provided to Cointelegraph July 29, Aximetria, which is based in the country, said the Swiss Financial Services Standards […]
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The Iranian government has authorized domestic cryptocurrency mining as an industrial activity. The Iranian government has authorized cryptocurrency mining as an industrial activity. A report from IIDO-owned Mehr News Agency on July 29 revealed that the decision was taken this weekend, during a Sunday cabinet session chaired by Iran’s President Hassan Rouhani. First step towards […]
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Payment network Ripple requests fair regulation ahead of fresh Senate debate on crypto and blockchain approach. Blockchain payment network Ripple signed an open letter to United States regulators on July 28 ahead of fresh hearings on cryptocurrency regulation this week. In the wake of mixed feelings from Congress on both Facebook’s Libra digital currency and […]
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Crypto experts’ take on the question: Is the leading cryptocurrency, Bitcoin, really a good store of value and can we call it “digital gold”? It’s hard to tell who was the first to coin — pun intended — Bitcoin (BTC) as “digital gold,” underlining the idea that Bitcoin is a good store of value. The […]
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Facebook isn’t avoiding the U.S. to skimp on compliance, but because Switzerland is better for crypto. Among all the issues cropping up in Facebook’s recent hearing in the United States Congress regarding its new Libra cryptocurrency, the matter of location was perhaps the thorniest. Testifying before various banking and financial committees, Libra co-creator David Marcus […]
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The United States Senate Banking Committee is set to hold a broader debate on crypto and blockchain regulatory frameworks next week. The United States Senate Banking Committee is set to hold a broader debate on crypto and blockchain regulatory frameworks next week. An official committee announcement indicates the hearing — entitled “Examining Regulatory Frameworks for […]
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Bitcoin has dipped back below the $10,000 mark as the crypto markets are seeing near-total red. Wednesday, July 24 — Bitcoin (BTC) has dipped back below the $10,000 mark as the crypto markets are seeing near-total red. Market visualization. Source: Coin360 Having clung to its five-figure price point in recent days, a 3.2% drop on […]
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The block size debate is among the most contentious discourse in Bitcoin, having spawned numerous community rifts and contested proposals. Why did Bitcoin fork and split? The inability of the community to find consensus regarding a proposal to increase the block size resulted in a user-activated hard fork of the Bitcoin blockchain in August 2017. […]
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The Swiss data protection regulator is waiting for Facebook to provide it with particulars on data protection risks associated with the Libra digital currency. The Swiss data protection regulator is waiting for Facebook to provide it with particulars on data protection risks associated with the forthcoming Libra digital currency, Reuters reported on July 23. The […]
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BitMEX is reportedly in trouble. Does the CFTC’s investigation have a negative impact on the crypto market? Some analysts think it doesn’t. Seychelles-based cryptocurrency exchange BitMEX is reportedly in trouble. Soon after Nouriel Roubini, a New York University professor of economics and anti-cryptocurrency pundit, criticized BitMEX of violating regulations, it was reported on July 19 […]
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