Check out this week’s Bad Crypto podcast Bitcoin continues its bull run. The coin is up more than 12 percent over the last week and is now tickling $16,000. According to the Big Mac Index, a Bitcoin will now buy as many as 6,3421.26 of the giant burgers. It’s even passed the monetary base of […]
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Eligible residents of North Carolina can now register to use the Binance.US digital asset marketplace. The United States arm of major crypto exchange Binance is making its services available to North Carolina residents. Binance.US opened registration to U.S. users in September 2019, but excluded the residents of 13 states due to local laws. It has […]
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The Ministry of Finance is proposing harsh prison sentences for crypto holders, but what about shadow exchanges and darknet criminals? Russia’s vast oversight of cryptocurrency transactions appears to have one crucial blindspot: There doesn’t seem to be any liability for criminals who use digital assets to conduct illegal transactions. On Thursday, Russia’s Ministry of Finance […]
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Chinese crypto miners migrate seasonally from the southern regions in search of cheaper electricity. But is it always due to the climate? The behavior of crypto market participants often depends on political and economic factors: the price of crypto assets, regulations in a specific country, or political events. For Chinese miners, however, the factors differ […]
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New technology will help screen out bad actors, BitMEX says. BitMEX, one of the world’s biggest Bitcoin (BTC) trading platforms, continues to strengthen its Anti-Money Laundering measures in the aftermath of criminal charges in the United States. According to a Nov. 12 blog post, BitMEX has partnered with software and compliance firm Eventus Systems to […]
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Pakistan wants to unlock a new era of digital finance with crypto. Pakistan’s government is working on a framework for regulating cryptocurrencies like Bitcoin (BTC). The Securities and Exchange Commission of Pakistan, or SECP, has published a consultation paper on regulating digital assets. Issued on Nov. 6, the paper outlines major concepts for the growing […]
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Could XRP’s regulatory status be finally settled one day? Veteran trader and chart analyst Peter Brandt is the latest figure in the cryptocurrency community to dispute the regulatory status of XRP. According to the chartist, XRP — the fourth largest cryptocurrency at publishing time — is a security, which means that the coin should fall […]
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The attorneys representing the accused principal of shadow-bank Crypto Capital, Reggie Fowler, have filed motions to withdraw as his counsel. The attorneys representing Reggie Fowler — the accused operator of the notorious shadow-bank to the crypto sector, Crypto Capital — have filed a motion to withdraw as Fowler’s counsel. According to the motion, Hogan Lovells […]
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The United Kingdom has announced forthcoming regulatory proposals for stablecoins and ongoing research into CBDC. The Treasury Department of the United Kingdom has revealed it is drafting proposals to regulate private stablecoins, while also researching central bank digital currencies (CBDC) as an alternative to cash. In an announcement published on Nov. 9, U.K. Treasury Chancellor […]
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Traders and analysts across the Twittersphere and beyond chime in on crypto’s future While some in the community continue to question the outcome of the US Presidential election, mainstream media outlets and the Associated Press have definitively called the race for former Vice President and current President-Elect Joe Biden. But with uncertainty out of the […]
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