The network of altcoin Ethereum Classic undergoes a 51 percent attack, and Fortnite removes Monero from their merch store. Top Stories This Week Altcoin Ethereum Classic Reportedly Undergoes 51 Percent Attack Earlier this week, the Ethereum Classic (ETC) reportedly underwent a 51 percent attack. In the aftermath, crypto exchange Coinbase noted that upwards of $1.1 […]
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The Malaysian government is reportedly still undecided whether or not to legalize cryptocurrencies. The Malaysian government is reportedly still undecided whether to legalize cryptocurrencies, English-language local media New Straits Times reports on Jan. 12. When answering a query about whether digital currencies are currently legal or illegal, Khalid Abdul Samad, the Malaysian federal territories minister, […]
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South Korea’s government added blockchain to the fields of research and development eligible for a tax credit meant to boost innovation. South Korea’s government has added blockchain to the fields of research and development eligible for a tax credit meant to boost innovation, English-language local media TheNews.Asia reports on Jan. 8. The local Ministry of […]
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2018 witnessed a significant uptick in the number of ICOs authorized by the United States Securities and Exchange Commission to sell securities to large-scale investors. 2018 witnessed a significant uptick in the number of initial coin offerings (ICOs) authorized by the United States Securities and Exchange Commission (SEC) to sell securities to large-scale investors, according […]
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Japan’s Financial Services Agency has issued an operating license to Coincheck, which lost $530 million due to a hack last year. Japan’s finance regulator, the Financial Services Agency (FSA), has granted full permission for cryptocurrency exchange Coincheck to continue operating in the country. Cointelegraph Japan reported on the development on Jan. 11, quoting an official […]
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The CEO of Circle says the biggest regulatory hurdle facing the industry today is the lack of clarity over crypto and securities laws. CEO and co-founder of Goldman Sachs-backed crypto finance company Circle has said the biggest regulatory hurdle facing crypto today is the lack of clarity from the United States securities regulator over how […]
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China has introduced new guidelines seeking to eliminate anonymity in blockchain networks. The Cyberspace Administration of China (CAC) has introduced new regulations for blockchain firms that are operating in the country. The announcement was published on the regulator’s website on Thursday, Jan. 10. According to the CAC, the guidelines, which will come into force on […]
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Several tobacco shops in Paris have started selling Bitcoin in partnership with local crypto wallet despite the regulatory uncertainty. Several tobacco shops in Paris, France, have started selling Bitcoin (BTC) for fiat despite regulatory uncertainty, Reuters reports Tuesday, Jan. 8. Reuters has learned that the world’s largest cryptocurrency can now be purchased at six tobacco […]
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Thailand’s financial regulator has granted operating licenses to four digital asset entities, while two others were rejected. The Thai Ministry of Finance has issued digital asset business licenses to four crypto-related firms, according to a notice published by the country’s Securities and Exchange Commission (SEC) Jan. 8. According to the announcement, the licenses were issued […]
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Cryptocurrency pioneer Nick Szabo has argued that amidst rising geopolitical uncertainty, central banks could soon turn to cryptocurrency reserves. Cryptocurrency pioneer Nick Szabo has argued that central banks could soon turn to cryptocurrencies to shore up their reserves, Finance Magnates reports Jan. 9. Szabo is a veteran cryptographer, having developed the concept of “BitGold” — […]
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