South Korea’s national legislature has passed a law to introduce a permitting system for cryptocurrency exchanges based on real-name confirmed bank accounts. On March 5, South Korea’s National Assembly passed a revised bill on the reporting and use of special financial transaction information, focusing on the introduction of a permit system for cryptocurrency exchanges. Accordingly, […]
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Bitcoin reclaiming $9,000 proves cause for celebration as the stock-to-flow model creator continues to fend off concerns that his outlook is too optimistic. Bitcoin (BTC) rising to $100,000 next year has “more one hundred-plus events” backing it up, price analyst PlanB has confirmed. In the ongoing Twitter debate over his stock-to-flow Bitcoin price model, the […]
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Top Indian exchanges Unocoin and WazirX have resumed fiat deposits less than a day after the Supreme Court quashed restrictions on banks’ services to crypto firms in the country. Major Indian crypto exchanges Unocoin and WazirX have resumed fiat deposits less than a day after the Supreme Court quashed restrictions on banks’ services to crypto firms […]
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Cointelegraph interviews a number of professionals working in the crypto industry in China to asses the effects of coronavirus on the local crypto economy. Coronavirus has been dominating the news cycle last couple of months, as it continues to spread across the globe. Cointelegraph has taken a closer look at how coronavirus is affecting the […]
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The developer behind decentralized finance protocol iEarn has quit the project citing a “hostile” and “entitled” community. Andre Cronje, the one-man development team behind decentralized finance (DeFi) protocol iEarn, has quit the project. Cronje cites a thankless experience with the DeFi community as the catalyst for his decision to leave. Speaking to Cointelegraph, Cronje states […]
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Multinational retail conglomerate Walmart joined Hyperledger among eight new entrants announced during the opening day of the Hyperledger Global Forum 2020. Walmart has become the latest major conglomerate to join open-source blockchain consortium Hyperledger. Walmart is among eight new members to join the platform. The new members were announced on March 3 at the Hyperledger […]
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Blockchain and cryptocurrencies are as disruptive as they are polarizing. Here are the opinions of the world’s richest people on the technology. For the past decade, blockchain, Bitcoin (BTC) and other cryptocurrencies have disrupted everything they have touched — including banking, hedge funds, law enforcement, health care and real estate to name a few. Blockchain […]
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Will Malta continue to be a “blockchain island” or has it lost its way to the top of the ledger? Last week, the financial watchdog of Malta came forward with an unexpected statement. Apparently, Binance, a leading cryptocurrency exchange that had been enjoying a close relationship with local authorities, is not authorized “to operate in […]
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Well known activist investor Elliott Management has called for Jack Dorsey to be replaced as CEO of Twitter. Billionaire investor, Paul Singer, is pushing for the removal of Jack Dorsey as CEO of Twitter. According to a CNBC article dated Feb. 28, the Elliott Management founder and activist investor is concerned about Dorsey’s time being […]
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Is Bitcoin a currency, money, digital gold? Industry participants have differing opinions on what BTC is as the halving approaches. As the Bitcoin halving draws ever nearer, the demand for the digital asset keeps soaring, having seen an increase of around 15% against the United States dollar in the past month. The Bitcoin halving is […]
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