What’s driving regulatory processes around crypto, and why should we welcome restrictions on an industry that has so far enjoyed nearly unbridled freedom? When we hear about holders of crypto being tracked down by the Internal Revenue Service, or that imprisonment is being considered for anyone using crypto in India, it conjures up a disconcerting […]
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Three anonymous sources confirmed Telegram had set a release period over the next two months for its Gram token. Encrypted messaging app Telegram will launch its digital currency, the Gram, in October, investors have told mainstream media. Telegram tokens due in two months As the New York Times reported on Aug. 27, three anonymous investors […]
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Eight institutions will reportedly receive the first installment of China’s upcoming central bank-issued digital currency, including Alibaba and Tencent. According to sources, the People’s Bank of China is giving its first round of central bank digital currency (CBDC) to online retail giant Alibaba, Internet giant Tencent, five banking organizations and one unknown entity. The first […]
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Transparency builds trust in cryptocurrency and dispels ‘wild west’ image, according to Jesse Spiro, global head of policy at blockchain analytics firm Chainalysis. Jesse Spiro, global head of policy at blockchain analytics firm Chainalysis, has said that he believes that transparency builds trust in crypto. Speaking with Cointelegraph, Spiro addressed widespread concerns that blockchain analytics […]
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Winklevoss’ crypto exchange and custodial service Gemini has joined the Silvergate Exchange Network to provide clients with real-time, automatic fiat transfers. Gemini, the cryptocurrency exchange founded by the Winklevoss twins, is joining crypto-friendly bank Silvergate’s Silvergate Exchange Network (SEN) to speed fiat transfers. Real-time fiat money transfers Gemini announced the move in an official blog […]
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The United Kingdom’s controversial far-right National Liberal Party has published what it describes as the country’s first coherent cryptocurrency policy. The United Kingdom’s controversial far-right National Liberal Party (NLP) has published what it describes as the country’s first coherent cryptocurrency policy. On Aug. 24, the NLP wrote a fresh post on its website arguing that […]
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North Korea: A history of crypto use and misuse on behalf of one of the most controversial regimes in the world. Could they be behind most crypto hacks? For many years now, the media periodically reports news regarding the alleged mischiefs pinned on the North Korean hackers that are seemingly detriment to target fintech businesses. […]
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Germany’s WEG Bank receives green light from Estonia to serve as a crypto custodian. German bank WEG Bank obtained a cryptocurrency trading and custody in Estonia. WEG Bank confirmed in a tweet published on Aug. 25 that it obtained a crypto trading and custody license in Estonia. Estonia greenlights German bank to trade and hold […]
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The United States tax collecting and legislation authority, the Internal Revenue Service, sends a new round of letters to cryptocurrency holders. Last week, the United States Internal Revenue Service sent another round of letters to crypto traders called CP2000. These notices were sent to traders of some crypto exchanges due to inconsistencies found in their […]
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Today’s digital assets trading industry is much like how Wall Street used to be, according to head of OTC at cryptocurrency exchange Kraken Nelson Minier. Head of over-the-counter (OTC) sales at cryptocurrency exchange Kraken Nelson Minier compared today’s cryptocurrency trading industry to how Wall Street used to be, adding that it is still too soon […]
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