Bitcoin ATM Operator Coinsource Gets New York Regulator’s Green Light With ‘Bitlicense’

Bitcoin ATM operator Coinsource has been granted a virtual currency license from the New York State Department of Financial Services (NYDFS). Bitcoin ATM operator Coinsource has been granted a virtual currency license, or ‘Bitlicense,’ from the New York State Department of Financial Services (NYDFS), according to a press release published Nov. 1. The regulator has […]

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Controversial Stablecoin Tether Confirms New Banking Partner Deltec After Weeks of Rumors

Stalwart USD-backed stablecoin Tether is now officially “fully backed” by USD, a new statement says. The issuer of cryptographic stablecoin Tether (USDT) announced it had found a new banking partner in a statement Nov. 1, confirming rumors it would use Bahamas-based Deltec Bank & Trust. Tether, which had suffered from mixed publicity after allegations it […]

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Hodler’s Digest, October 21-October 28: US SEC Mulls Over Bitcoin ETFs, While Bakkt’s BTC Futures Inch Closer To Approval

Bakkt BTC futures are tentatively set to launch in December, while New York regulators give Coinbase the green light for custody services. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and […]

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Mastercard Patent Claims Cryptocurrency Can Benefit From Fractional Reserve Banking

Payment processing giant Mastercard wants to patent a new method of simultaneous crypto and fiat storage. U.S. multinational financial services corporation Mastercard wants to apply principles of fractional reserve banking to cryptocurrency, a new patent application published Thursday, Oct. 25 reveals. According to the document, published by the U.S. Patent & Trademark Office (USPTO), the […]

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