The FCA covered everything it could with the ban, CoinShares’ Townsend Lansing says. Following the definitive ban of cryptocurrency derivatives in the United Kingdom, cryptocurrency companies in the country shared their thoughts on the matter with Cointelegraph. Among the most affected is CoinShares, a U.K. company known for providing cryptocurrency exchange-traded notes, or ETNs. Unlike […]
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Interoperable DeFi platforms can help with Ethereum’s high transaction fees. The team behind the smart contract-enabled sidechain extension for Bitcoin, RSK, announced Tuesday that Maker’s Dai (DAI) stablecoin is now available on the platform. The integration makes it possible to transfer Dai from Ethereum to the RSK sidechain, which makes it available for use in […]
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CoinShares’ pleas last year went unheard as crypto futures and ETNs will be soon banned. In a landmark decision issued on Tuesday by the U.K.’s Financial Conduct Authority, companies in the country will no longer be able to offer cryptocurrency derivatives products such as futures, options and exchange-traded notes (ETNs) to retail customers. The decision […]
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Data shows 22,000 new entities created in a single day as one analyst suggests the added volume will translate to price gains. China may be behind a large spike in new Bitcoin (BTC) addresses as authorities launch a “targeted marketing campaign” — in favor of crypto. In a series of tweets on Oct. 5, analyst […]
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Venezuela may have the most crypto volume, but this country bests all of Latin America when it comes to retail crypto transactions. A recent study showed that Latin America represents 7% of the entire global cryptocurrency economy. Out of that segment, Mexico has captured almost 11% of all retail crypto payments since July 2019. El […]
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Whale clusters show three critical support levels Bitcoin must protect in order to see a larger rally in the near term. Bitcoin (BTC) whale clusters point toward three critical price levels to maintain a bullish market structure in the near term. Whale clusters form when large investors purchase Bitcoin and do not move it, making […]
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The Bank of Thailand has issued the world’s first blockchain-based government savings bond platform. The Bank of Thailand launched the world’s first blockchain-based government savings bond issuance platform using IBM’s blockchain technology. Within two weeks of the launch, the central bank sold more than $1.6 billion worth of savings bonds, as per IBM’s official announcement […]
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The report is only the start of the discussion and raises more questions before officially studying the digital euro. The European Central Bank (ECB) could begin seriously considering and studying the digital euro by mid-2021, the bank said in a report released Oct. 2. The report examined how a digital euro may impact retail payments […]
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Regulators and service providers are collaborating as never before to address systemic vulnerabilities of the crypto industry. This year has been a strong one for digital asset markets, highlighted by growing institutional inflows and a propitious shift in the regulatory environment. Witness the U.S. Securities Exchange Commission’s September letter that says crypto exchanges that comply […]
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Bitcoin’s stability throughout an eventful week shows traders are confident that the bullish uptrend will resume soon. Bitcoin (BTC) price appears on the verge of closing another week pinned below the $11,000 resistance but given the major events of the week, things could have been so much worse. Cryptocurrency daily market performance snapshot. Source: Coin360 […]
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