The Texas State Securities Board issued a cease and desist order against an alleged crypto scammer advertising on Craigslist. Authorities in Texas have issued a cease and desist order against an alleged crypto scammer operating on Craigslist. According to an Aug. 7 announcement, the Texas State Securities Board (SSB) enforced an emergency action against New […]
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15 countries, including the G7, will reportedly develop a system for tracking crypto transactions to prevent its illicit uses. About 15 global jurisdictions, including the G7 countries, will reportedly develop a system for tracking crypto transactions to prevent illicit uses of cryptocurrencies. The Financial Action Task Force (FATF) is planning to prepare detailed measures by […]
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Ripple CEO Brad Garlinghouse says the firm is looking into multiple investments and acquisitions following its $30 million partnership with MoneyGram. Ripple CEO Brad Garlinghouse says the firm is looking into multiple investments and acquisitions following its $30 million partnership with MoneyGram this June. As Yahoo! Finance reported on Aug. 9, Ripple’s deal with MoneyGram […]
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The New Jersey Bureau of Securities has identified two companies believed to be offering fraudulent ICOs and ordered them to stop. The Bureau of Securities in New Jersey has issued two emergency orders to the companies Zoptax and Unocall to end their initial coin offerings (ICOs). The Bureau alleges that the token offerings qualify as […]
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A study reveals that more than 80% of all crypto related posts on Reddit are positive in nature, sentiment toward crypto on a rise in recent years… Despite all of the bad press that the digital asset industry continues to receive on an almost daily basis, it appears as though the overall sentiment of the […]
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FTX has secured $8 million in its seed round, with blockchain-focused venture capital fund Proof of Capital and blockchain firm Consensus Lab among major investors. Cryptocurrency derivatives exchange FTX has secured $8 million in its seed round. Major investors include blockchain-focused venture capital fund Proof of Capital and blockchain firm Consensus Lab, among others. In […]
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Cryptocurrency markets did not maintain their bullish trend from yesterday, with most major coins seeing red today. Tuesday, Aug. 6 — Major cryptocurrency markets have continued suffering losses over the past several hours as Bitcoin (BTC) has come back down to around $11,700 after a jump to $12,300 earlier today. Market visualization. Source: Coin360 BTC […]
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Susan Stoner Zook, former assistant to Senate Banking Committee Chair Mike Crapo, will be part of Facebook’s Libra lobbying team. Facebook hired former assistant of United States Republican senator Mike Crapo, Susan Stoner Zook, to join the lobbying team for its Libra stablecoin. Facebook doubles down on Libra lobbying News outlet Politico reported on Aug. […]
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A senior policy analyst has predicted that Walmart will have an easier time getting regulatory approval for its proposed cryptocurrency than Facebook. A senior policy analyst at investment banking corporation Cowen, Jaret Seiberg, said that Walmart’s proposed digital coin should not face as much regulatory pushback as Libra, Facebook’s proposed virtual currency. As Bloomberg reports […]
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The U.K.’s data protection authority has requested that Facebook provide details on how it will protect user data vis-a-vis the its proposed Libra stablecoin project. The U.K.’s Information Commissioner’s Office (ICO) has requested, along with a number of other jurisdictions, that the companies in the Libra Association provide details on how they plan to protect […]
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