Crypto mixing services are primarily used for privacy purposes rather than illicit activities, according to Chainalysis. Stolen funds represent only 8.1% of all funds sent to cryptocurrency mixers, according to New York-based blockchain analytics firm Chainalysis. Primary use for privacy reasons According to a recent Chainalysis webinar, the majority of funds sent to cryptocurrency mixing […]
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Button Wallet is launching a free testing service on the Telegram Open Network in a bid to drive cryptocurrency adoption among Telegram’s 300 million users. Non-custodial and multi-cryptocurrency wallet provider Button Wallet is launching a free testing service on the Telegram Open Network (TON) in a bid to drive crypto adoption among Telegram’s 300 million […]
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Facebook has hired a Washington-based lobbying firm to help it grapple with the negative responses sparked by its planned Libra cryptocurrency project. Facebook has hired a Washington-based lobbying firm to help it grapple with the negative responses sparked by the announcement of its planned Libra cryptocurrency project. According to an O’Dwyer PR report published on […]
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Crypto exchange and brokerage ShortHop launches in seven additional U.S. states allowing its users to work with multiple platforms’ order books via a single window. Cryptocurrency exchange and brokerage ShortHop is now operating in seven additional U.S. states allowing its users to work with multiple trading platforms’ order books via a single window. As industry […]
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Two crypto-focused banks in Switzerland have received a banking and securities dealer license from the Financial Market Supervisory Authority. The Swiss Financial Market Supervisory Authority (FINMA) has reportedly granted two banking and securities dealer licences to crypto-focused banks. Two Swiss crypto-specializing firms, Seba Crypto AG and Sygnum have received banking and securities dealer licenses, the […]
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Switzerland’s Financial Market Supervisory Authority has released guidance on regulatory requirements for payments on the blockchain under FINMA supervision. Switzerland’s Financial Market Supervisory Authority (FINMA) has released guidance on regulatory requirements for payments on the blockchain under FINMA supervision. The new guidance for virtual asset service providers, published on Aug. 26, applies to blockchain service […]
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A new partnership is eyeing the creation of a blockchain-based identity system to improve financial inclusion in Buenos Aires. A new partnership between a development bank, a nongovernmental organization (NGO) and a tech corporation is eyeing the creation of a blockchain-based identity system to improve financial inclusion in Buenos Aires. IDB Lab (the Innovation Laboratory […]
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From Cointelegraph Japan: the Bank of Japan is bullish on blockchain tech, while exchanges and crypto firms are introducing new offerings. Japan is a friendly jurisdiction for cryptocurrency trading and development, having eliminated the consumption tax on Bitcoin (BTC) trading in 2017, after which it recognized the coin as legal tender. This week in Japan, […]
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Binance unveils its own project to rival Facebook’s Libra, Bitcoin’s dominance may not be what we all thought, and WhatsApp plots digital payments launch. Coming every Sunday, Hodler’s Digest will help you 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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The United States tax collecting and legislation authority, the Internal Revenue Service, sends a new round of letters to cryptocurrency holders. Last week, the United States Internal Revenue Service sent another round of letters to crypto traders called CP2000. These notices were sent to traders of some crypto exchanges due to inconsistencies found in their […]
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