Circle has joined industry body Global Digital Finance as a founding member to develop global rules and best practices for crypto firms. Crypto finance company Circle has joined the Global Digital Finance (GDF) industry body as a founding member to develop a global “Code of Conduct” for crypto, according to a press release shared with […]
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On the 10th anniversary of the Bitcoin white paper, markets are seeing stability: Bitcoin is trading sideways and other major coins see gentle growth of below 2 percent. Wednesday, Oct. 31: after a couple of days of mild losses, crypto markets have today stabilized, with most of the top twenty cryptocurrencies by market cap seeing […]
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Funds users of WEX.nz crypto exchange have flagged as being possibly laundered are now quarantined on Binance, CEO Changpeng Zhao confirms. Troubled cryptocurrency exchange WEX.nz has seen its funds frozen by fellow exchange Binance after users claimed the exchange was involved in money laundering, CEO Changpeng Zhao confirmed on social media Oct. 29. In response […]
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The chairman of South Korea’s Financial Services Commission has affirmed that crypto exchanges should face no issues with banking provisions. The chairman of South Korea’s Financial Services Commission (FSC) has affirmed that crypto exchanges should face no issues with banking provisions, local media platform Token Post reported Oct. 30. The FSC’s Choi Jong-Ku clarified that […]
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Prague-based crypto exchange Changelly announced that it helped South Korean exchange Bithumb recover over 1 million XRP following a massive hack in June. Prague-based crypto exchange service Changelly has announced that it helped South Korean exchange platform Bithumb recover 1,063,500 Ripple (XRP) in stolen assets following a massive hack in June, a press-release stated, Oct. […]
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A U.S. citizen has pled guilty before a federal court to operating an unlicensed money transmitting business, in connection with his peer-to-peer Bitcoin sales. A U.S. citizen has pled guilty before a federal court to operating an “unlicensed money transmitting business” via LocalBitcoins.com, according to a Department of Justice (DoJ) press release published Oct. 29. […]
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Japanese crypto exchange Coincheck saw a 66 percent decline in revenue for Q3 2018, according to fiscal results published by Monex Group. Japanese crypto exchange Coincheck saw a 66 percent decline in revenue for Q3 2018, according to fiscal results published by the exchange’s operator, Monex Group, Oct. 29. Coincheck was acquired by Monex Group […]
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The vice president of Russia’s financial monitoring service supports wide-reaching regulatory oversight of cryptocurrency circulation. All member states of the Financial Action Task Force (FATF) should adopt its recommendation to control the exchange of cryptocurrency, their storage and more, Russian daily news outlet Izvestia quoted a government regulator as saying Monday, Oct. 29. The Paris-based […]
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Critics call British authorities’ plans to increase regulatory control of Bitcoin and cryptocurrencies a “very blunt instrument approach.” U.K. businesses and analysts have hit back at government plans to regulate cryptocurrencies and related technology, describing them as a “blunt instrument approach,” British daily news outlet the Telegraph reported Monday, Oct. 29. Calls to step […]
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In the first of a three-part series, CT looks back at Chinese authorities’ attempts to make the People’s Republic impregnable to the crypto phenomenon, and the industry response. Take a quick look at CnLedger, a Twitter-based Chinese crypto news information source, and a tweet pinned at the top of its profile might come as something […]
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