Libra considering the use of fiat-pegged stablecoins for its basket while navigating through a wave of negative criticisms from regulators. Amid the regulatory storm facing Libra, the project’s hierarchy is looking to change one important detail of the payment system: using fiat-pegged stablecoins rather than a token supported by a basket of national currencies. The Libra Association […]
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Alipay denies providing support for Bitcoin trading amid reports of Binance accepting fiat deposits via popular payment channels. Earlier in October 2019, Binance announced a fiat on-ramp for crypto trading via Chinese payment services Alipay and WeChat. This move was part of the exchange giant’s peer-to-peer (P2P) trading rollout for Bitcoin (BTC), Ether (ETH) and Tether […]
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Europol released its 2019 Internet Organized Crime Threat Assessment report, which shows that crypto-ransomware remains a top threat. The European Union Agency for Law Enforcement Cooperation (Europol) released its 2019 Internet Organized Crime Threat Assessment (IOCTA) report. Crypto exchanges continue to be a magnet for hackers On Oct. 9, Europol presented its IOCTA report of […]
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Cryptocurrency exchange Coinbase is expanding its European foothold with its newly received e-money license from the Central Bank of Ireland. Coinbase is expanding its European foothold with an e-money license from the Central Bank of Ireland. “One of just a few companies” On Oct. 11, Zeeshan Feroz, the CEO of the United Kingdom arm of […]
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The European Union’s finance commissioner Valdis Dombrovskis pledges to propose new rules to regulate digital currencies such as Facebook’s Libra. The European Union’s finance commissioner Valdis Dombrovskis has pledged to propose new rules to regulate cryptocurrencies such as Facebook’s Libra. As Reuters reports, speaking before EU lawmakers on Oct. 8, Dombrovskis stated: “Europe needs a […]
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This week’s selected cryptocurrency and blockchain news from the German-speaking world, courtesy of Cointelegraph auf Deutsch. The German-speaking world has experienced another week full of exciting developments in the crypto industry, with Liechtenstein approving the new Blockchain Act, Iota Foundation joining the European climate research community and Germany taking a firm stand against stablecoins. Here […]
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U.S. law enforcement technology manufacturer Axon Enterprise Inc. is exploring new data tracking technologies, including blockchain, for its new body cameras. Leading technology manufacturer for United States law enforcement Axon Enterprise Inc. is exploring new data tracking technologies, including blockchain, for its body cameras. Verifying police footage The impetus behind Axon’s interest in emerging technologies […]
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CryptoBridge, a gateway for decentralized exchange BitShares, announces that as of this month its users will have to undergo mandatory identity checks. BitShares Decentralized Exchange (DEX) gateway CryptoBridge announced on Oct. 1 that it has implemented mandatory user Know Your Client (KYC) verification. European regulation is responsible Per the announcement, the reason for the upcoming […]
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Cryptocurrency trading platform Bittrex has announced Bittrex Global, a new platform headquartered in Liechtenstein. Cryptocurrency trading platform Bittrex has announced Bittrex Global, a new platform headquartered in Liechtenstein. Per a press release shared with Cointelegraph on Sept. 30, Bittrex is expecting to roll out Bittrex Global at the end of October in the city of […]
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Libra in ongoing discussions with EU regulators following pushback from Germany and France, says managing director. The Libra Association is in talks with European Union regulators, according to its managing director, according to an interview with Reuters, Sept. 27. Bertrand Perez said that discussions were ongoing and there was still work to do, in one […]
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