Japan: Crypto Classified as ‘Crypto-Assets’ to Prevent Confusion With Legal Tender

The Japanese Financial Services Agency has assigned cryptocurrencies to the “crypto-assets” category, to prevent confusion with legal tender. The Japanese Financial Services Agency (FSA) has placed cryptocurrencies into a new legal category called “crypto-assets,” English-language local media The Japan News reports Dec. 15. By classifying cryptocurrencies like Bitcoin (BTC) this way, the government reportedly “hopes […]

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Tether Bank Statements ‘Suggest’ Company Has Full Fiat Reserves: Bloomberg

The rumors surrounding Tether and its USDT stablecoin continue to swirl with reports of fresh evidence proving reserves. Cryptocurrency stablecoin Tether (USDT) really does have fiat reserves equal to the value of tokens in circulation, Bloomberg claimed in a report today, Dec. 18. Citing “bank statements” it had “reviewed,” the publication became the latest source […]

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Blockstream Launches 5th Satellite Streaming Bitcoin Blockchain From Space

Blockchain development firm Blockstream has expanded its satellite service and is now broadcasting the Bitcoin blockchain to all of Earth’s major land masses Blockchain development firm Blockstream has expanded its satellite service and is now broadcasting the Bitcoin (BTC) blockchain to all of Earth’s major land masses, Forbes reported Dec. 17. The wider coverage — […]

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US Crypto Exchange Coinbase Introduces Digital Asset Conversions

U.S.-based crypto exchange Coinbase has launched direct crypto conversions on its retail trading platform. San Francisco-based cryptocurrency exchange and wallet service Coinbase has launched its new “Convert” service, according to an official statement on Dec. 17. Per the statement, customers will initially be able to convert between Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Litecoin […]

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Report: Traditional Investors Shift to Over-The-Counter Bitcoin Markets

Research firm Diar has found that institutional traders have shifted to OTC Bitcoin markets. In its recent analysis published Dec. 17, research firm Diar has found that institutional investors have shifted towards higher liquidity over-the-counter (OTC) physical Bitcoin (BTC) markets. Diar noted growing investment in OTC funds like that offered by major American cryptocurrency exchange […]

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Bitcoin, Ripple, Ethereum, Stellar, EOS, Litecoin, Bitcoin Cash, Bitcoin SV, TRON, Cardano: Price Analysis, Dec. 17

One year ago today, Bitcoin hit $20,000. As a sharp rally from current levels seems unlikely investors should have a long-term horizon and not expect overnight riches. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, […]

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Italy: Securities Regulator Suspends Two Crypto Firms for Alleged Scam Investment Schemes

Italian securities watchdog CONSOB has halted two projects for allegedly offering fraudulent crypto investments. The Italian securities regulator, CONSOB, has suspended two projects for allegedly offering fraudulent crypto investment schemes. The 90-day suspensions were reported in an official statement on the CONSOB website published Monday, Dec 17. The Italian Companies and Exchange Commission, or Commissione […]

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