China’s central bank, the People’s Bank of China, has announced in a recent video conference that it is prioritizing the development of a national digital currency. China’s central bank, the People’s Bank of China (PBoC) announced that it accelerated the development of its cryptocurrency. In an Aug. 2 statement, PBoC summarized the proceedings of a […]
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United States-based cryptocurrency index fund provider Bitwise declared that Facebook’s Libra stablecoin accelerated Bitcoin’s progress by three years. United States-based cryptocurrency index fund provider Bitwise declared that Facebook’s Libra stablecoin accelerated Bitcoin’s (BTC) progress by three years in a letter to investors published on its website on August 1. Libra attracted attention to Bitcoin In […]
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The head of Circle’s over-the-counter trading desk has resigned and an in-house trader will reportedly fill his vacancy. Daniel Matuszewski, head of over-the-counter (OTC) trading at the money transfer and BitLicensed crypto trading company Circle, has resigned. The Block reported news of Matuszewski’s departure on August 2. He apparently said that he was resigning to […]
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A new patent filing suggests that American retail giant Walmart may be developing its own U.S. dollar-backed digital currency similar to Facebook’s Libra cryptocurrency. A new patent filing suggests that United States retail giant Walmart may be developing its own U.S. dollar-backed digital currency similar to Facebook’s Libra cryptocurrency. Walmart filed patent for “Digital Currency […]
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The New York Office of the Attorney General has filed a letter, arguing against Bitfinex and Tether’s request for a continued stay of demands. The New York Office of the Attorney General (NYAG) has submitted a letter to Justice Joel M. Cohen, arguing that cryptocurrency exchange Bitfinex and affiliated Stablecoin firm Tether should not be […]
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Crypto bull Anthony Pompliano predicted that every central bank will be buying Bitcoin to hedge risks to the United States dollar. Every central bank will be buying Bitcoin (BTC) to hedge risks to the United States dollar, according to a forecast by major crypto bull Anthony Pompliano. In a tweet on Aug. 1, Pompliano, co-founder […]
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An Arizona startup is testing its stablecoin payments platform for the medical marijuana industry through the state’s fintech sandbox. The state of Arizona has accepted a blockchain-based, cannabis industry-oriented payments solution into its fintech sandbox. According to a recent press release from the Office of the Attorney General, the company — called Alta — is […]
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Fundstrat Global Advisors co-founder Tom Lee says federal rate cuts in the U.S. are beneficial to Bitcoin, which may retake $20,000 by the year’s end. Fundstrat Global Advisors co-founder Tom Lee believes that recent interest rate cuts in the United States by the Federal Reserve are a boon for Bitcoin (BTC). Lee remarked on how […]
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A British judge has thrown out Craig Wright’s libel case against Roger Ver due to questions of jurisdiction and whether actual harm was committed. A Justice of the High Court of England and Wales has dismissed a libel lawsuit against Bitcoin Cash (BCH) proponent and Bitcoin.com CEO Roger Ver. Justice Matthew Nicklin of the Queen’s […]
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Major British regulator, the Financial Conduct Authority, will not regulate Bitcoin as part of its recent guidance on crypto assets. Major British regulator, the Financial Conduct Authority (FCA), will not regulate Bitcoin (BTC) as a part of its recent guidance on crypto assets. FCA finalizes its statement on crypto after a public consultation released in […]
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