Japanese politicians are barred from accepting cash and security donations but can receive crypto assets, says internal affairs minister Sanae Takaichi. Sanae Takaichi, the internal affairs and communications minister of Japan, has stated that cryptocurrency donations to individual politicians are not illegal in the country — unlike the ones made in cash or securities. According […]
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Anchorage Trust Company, a wholly-owned subsidiary of California-based Anchor Labs, states that it became the first qualified custodian of Telegram’s Gram token. Digital asset custodian of software firm Anchor Labs has stated that it became the first entity qualified to support institutional custody for Telegram’s Gram (GRM) token. Gram to launch on Oct. 31 Anchorage […]
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Executives at Bitwise Asset Management are highly optimistic as the deadline for the U.S. SEC’s decision on their proposed Bitcoin exchange-traded fund nears. Executives at Bitwise Asset Management are highly optimistic as the deadline for the United States Securities and Exchange Commission’s (SEC) decision on their proposed Bitcoin (BTC) exchange-traded fund (ETF) looms on the […]
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In an open letter to other investors, Sonic Zhang says Bankorus’ co-founder has revealed that the firm is all but bankrupt. The largest shareholder in Overstock-funded blockchain wealth management startup Bankorus has claimed that the firm has no money left. In a statement issued on Oct. 6, Sonic Zhang said that previous funding deals for […]
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Hong Kong’s securities regulator, the Securities and Futures Commission, has released guidelines for virtual asset portfolio managers. Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), has officially released regulations for crypto fund managers. The SFC published the regulatory circular on its website on Oct. 4. In the 37-page document titled “Proforma Terms and […]
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Several Brazilian cryptocurrency firms are under investigation in Cointelegraph’s weekly digest of news from the country. Brazil saw another week of reports on alleged cryptocurrency scams as the Sao Paulo Court ordered to block the assets managed by Unick Forex, while another firm was reported of promising 400% returns through a cryptocurrency investment scheme. Here […]
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PayPal pulls out of the Libra Association, crypto markets fail to recover, and Mark Cuban says he’d rather have bananas than BTC. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more […]
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Stablecoins backed by fiat money — what is their goal and which ones do investors prefer and for what uses? Stablecoins attempt to be fiat currencies among cryptos. They can be a medium of exchange, a means of storing value and a unit of account. Unlike other digital coins, stablecoins are tied to some kind […]
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Will the first signs of recovery in altcoins sustain or turn out to be a dead cat bounce? Let’s study the charts. Fundstrat Global Advisors co-founder Tom Lee believes that Bitcoin does well when the S&P 500 market index moves up. Though Bitcoin might act as a macro hedge against global turmoil in some instances, […]
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Bitcoin’s price falls under the $8,000 mark while the top 20 cryptocurrencies are seeing mixed movements on the day. Sunday, Oct. 6 — The top 20 cryptocurrencies are seeing mixed movements on the day while Bitcoin’s (BTC) price dips under the $8,000 mark by press time. Market visualization courtesy of Coin360 Bitcoin’s price is currently […]
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