Kevin O’Leary said that cryptocurrencies are non-compliant, and as such are not useful for paying taxes or being used as a currency. Canadian businessman and TV personality Kevin O’Leary said that cryptocurrencies pose serious compliance challenges to the financial services industry During an interview published on July 3, O’Leary said that he would not invest […]
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Galaxy Digital founder Mike Novogratz predicts that bitcoin still has a long way higher to go following its current “spectacular rally.” Galaxy Digital founder and crypto enthusiast Mike Novogratz has predicted that bitcoin (BTC) still has a long way higher to go following its current “spectacular rally.” With BTC price circling the $11,000 at press […]
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sponsored A crypto exchange has renewed its sponsorship deal with a football team, as it sets its sights on expanding into the United States. A crypto exchange has announced that it has renewed its sponsorship of an English Premier League football team for the second season running. CoinDeal says the extension of its deal with […]
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The head of Russia’s central bank has said that while the launch of a CBDC is being explored, it is not a matter for the near future. The head of Russia’s central bank, the Bank of Russia, has said that while the launch of a central bank digital currency (CBDC) is being explored, it is […]
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Dutch billionaire John De Mol is suing Facebook over fraudulent crypto ads. Earlier this week, Dutch billionaire John De Mol launched a lawsuit against Facebook over crypto ads using his image without permission. De Mol claims that consumers have lost as much as 1.7 million euros (over $1.9 million) due to the ads, and his […]
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The CEO of the Russian state-owned bank considers bitcoin a “technical instrument for transactions,” rather than a type of investment. The CEO of state-owned Russian bank Sberbank has officially confirmed the institution’s decision to not develop crypto-related services, local financial publication Banki.ru reports on June 7. Herman Gref, Sberbank CEO and a former minister of […]
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Tokenization software firm AlphaPoint has appointed a new CEO. Tokenization software firm AlphaPoint rehauled its management, financial news outlet Finextra reports on June 3. Per the report, the current chief technology officer of the company, Joe Ventura, will become the chief information officer, while global head of trading Kapil Rathi will be the new chief […]
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Products such as Facebook’s GlobalCoin will bring consumers and regulators alike in line, says Sonny Singh. A senior executive at cryptocurrency payments processor BitPay told Bloomberg on May 29 that bitcoin (BTC) will only expand higher from its current price. Speaking in an interview with Bloomberg TV, the company’s chief commercial officer, Sonny Singh, said […]
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Major Swiss telecommunications firm Swisscom announced its plans to distribute tokenized artwork through its Swisscom TV television network. Major Swiss telecommunications company Swisscom announced its plans to distribute tokenized artwork through its Swisscom TV television network. The news was reported by Cointelegraph auf Deutsch on May 24. Per the company’s press release, limited artworks — […]
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Film producer Ryan Kavanaugh’s media firm Proxima Media has reportedly earmarked a $100 million investment for a cryptocurrency project. United States-based film producer Ryan Kavanaugh’s Proxima Media has unveiled a $100 million investment for a cryptocurrency-based film funding tool, entertainment industry news outlet TheWrap reported on May 23. Per the report, Proxima Media — which […]
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