U.S. agencies work to handle crypto in sanctions evasion, but may ultimately just cut the country off from an evolving financial world. Running up against limited experience and resources for monitoring potentially illegal use of digital assets, United States authorities delegate sanctions monitoring to cryptocurrency exchanges and industry players. But do current practices do more […]
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“The fact that an OECD country is recognizing BTC as a ‘fungible’ asset is progress — a wake-up call to banks, institutional investors, regulators that Bitcoin is here to stay.” — Dan Schatt. The Commercial Court of Nanterre’s Feb. 26 ruling that Bitcoin (BTC) is a fungible, intangible asset sent some ripples through the French […]
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Chinese mining giant Canaan has to deal with some extra difficulties over its IPO amid bearish markets. While the current climate seems uneasy for all cryptocurrency businesses, some of them have to deal with extra difficulties. Earlier this month, investors filed a class-action lawsuit against Canaan, a Nasdaq-listed cryptocurrency mining hardware producer. The case is […]
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Check the bad crypto news of the past week. Bitcoin has been on a downward streak for the last week, down around 15 percent over the last seven days. That’s bad but it could be worse. You might have put your money in stocks. Some people, though, remain optimistic. RT’s Max Keiser predicts that the […]
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U.S. firm Alternet Systems (ALYI) is preparing to launch a $100 million ICO intended to fund electrical vehicle production for the African market. Alternet Systems Inc (ALYI), an energy storage, military application, and electric motorcycle firm, has entered into a new partnership to launch a cryptocurrency dedicated to funding electric vehicle projects in Sub-Saharan Africa, […]
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GMO Coin reported record volume, Tokai Tokyo Securities joined the Japan STO Association, and more headlined news from Japan this past week. This week’s headlines from Japan included GMO Coin reporting record transaction volume from February, BitFlyer surpassing 2.5 million users, Tokai Tokyo Securities joining the Japan STO Association, and SBI FX seeking margin trading […]
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The co-founder is making more time to pursue philanthropic efforts. According to a press release, software developer, philanthropist, and Microsoft co-founder Bill Gates will depart the company’s board. Now 64 years old, the business magnate started Microsoft alongside Paul Allen in 1975. The company is surely most known for its Windows computer operating system, which […]
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Maker’s loss of more than $5 million over a technical issue raises questions on the stability of the DeFi ecosystem, as a string of attacks threatens Ethereum. Thursday’s market meltdown left MakerDAO (MKR) with a $5 million hole that the project is now scrambling to fill. As this is just the latest in a series […]
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An audit report of Voatz platform confirms numerous issues previously discovered, and the voting app declines to make all the necessary changes. Voatz, the Massachusetts-based company touting a blockchain-enabled mobile voting app, has been met with public criticism for a lack of transparency, among other things, particularly when it comes to data security. And with […]
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Industry experts tout blockchain as a development driver in Africa across a number of sectors at the Blockchain Africa conference. Impressive use-cases of blockchain technology have come to the fore after the conclusion of the 2020 Blockchain Africa Conference in South Africa. The event went ahead as planned in early March despite the global coronavirus […]
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