The modern scourge of slavery: Can blockchain technology stop its spread and protect workers around the world? It’s a nightmarish scenario that is sadly familiar to many who are seeking work in foreign countries. Slavery and human trafficking — these are criminal industries that continue to flourish in many regions across the globe. Such problems […]
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As the sentiment in the Bitcoin and cryptocurrency markets has turned positive, this dip should be viewed as a buying opportunity. The recovery in cryptocurrency prices has ignited interest among institutional investors. In 2019, dedicated crypto funds returned more than 16% according to Eurekahedge while traditional hedge fund strategies returned 10.4% according to Hedge Fund […]
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Investment platform CurioInvest and Seychelles-based digital asset exchange MERJ Exchange Ltd. will jointly begin offering a token backed by collector luxury cars. Investment platform CurioInvest and Seychelles-based digital asset exchange MERJ Exchange Ltd. will jointly begin offering a token backed by collector luxury cars. The so-called Car Token (CT1) token is set to be pegged […]
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Cointelegraph’s list of the top-10 U.S. congresspeople playing outsized roles in the crypto and blockchain industries. Following a year that has seen unprecedented interactions between United States legislators and the crypto industry, Cointelegraph has compiled a roster of congresspeople who have established stances and policies for blockchain and cryptocurrency that will shape the future of […]
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At a hearing before Congress today on the rise of alternatives to cash, crypto took centerstage, with many representatives clearly invested in learning more about the space. Congress clearly has crypto on the brain, with the question of regulation being a matter of when. At a Jan. 30 hearing before the Fintech Task Force, a […]
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At a congressional hearing on digital payments, U.S. Representative Emmer expressed fear over stifled crypto innovation. In a Jan. 30 congressional hearing on mobile payments, U.S. Representative Tom Emmer fears criticism of digital payment innovation may stifle progress. Emmer laid out his concerns over regulation smothering innovation: “There’s a whole environment out there of brilliant, […]
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All you need to know for Crypto Tax Season 2020: new guidance, rules, nuances. Be ready to inform the IRS about your crypto. It’s here! The United States tax season officially started on Jan. 27, and this time, crypto tax is in the spotlight. Following developments that culminated in the Internal Revenue Service publishing new […]
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Finnish P2P exchange LocalBitcoins is allegedly quietly suspending user accounts, citing an “enhanced due diligence process.” Popular Bitcoin (BTC) exchange platform LocalBitcoins is allegedly suspending user accounts with little fanfare, citing an “enhanced due diligence process.” Finland-based LocalBitcoins, one of major global peer-to-peer (P2P) crypto exchanges, has reportedly suspended user accounts in some countries in […]
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Elon Musk finally revealed his nuanced stance on cryptocurrencies, saying that they could be a valid replacement to cash and its usage in illegal transactions. After a long and cryptic series of tweets on Bitcoin (BTC), SpaceX and Tesla CEO Elon Musk elaborated his stance on cryptocurrencies in a Jan. 20 podcast. Noting that he’s […]
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Modern crypto exchanges often have audited financials, chief compliance officers, and seek out regulators without hesitation. Will insurance be the next step? If the crypto sector is to attract more institutional investors, it will need to provide more insurance solutions. This point was driven home anew with the recent news that the Gemini crypto exchange […]
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