Increased Demand in Crypto has Citigroup Considering Offering its Biggest Clients Bitcoin Futures Trading

Citigroup is now considering whether to offer its biggest clients the option to trade in Bitcoin futures, citing increased demand in the cryptocurrency space. According to the reports, the banking giant is currently awaiting approval to begin trading CME Bitcoin futures. дальше »

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PayPal rolls out its crypto buying and selling service in the UK

American payment giant PayPal has launched its crypto service in the UK, allowing Brits to purchase, sell, and hold a range of cryptocurrencies. A report unveiled this news earlier today, citing an announcement from the company. дальше »

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Centre clarifies USDC reserves composition citing 'regulatory landscape'

USD Coin's (USDC) recent growth has become an important aspect of the digital currency-enabled financial system. It has always been fully backed by reserves equal to or greater than the USDC in circulThe post Centre clarifies USDC reserves composition citing 'regulatory landscape' appeared first on AMBCrypto. дальше »

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Whale accounts transfer 109.1M XLM to Coinbase as the token surges

Anonymous crypto whales have transferred a total sum of 109. 1 million Stellar Lumen (XLM/USD) over the past 24 hours. A report unveiled this news earlier today, citing Whale Alert, a Twitter bot that tracks large transactions in several leading cryptocurrencies. дальше »

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BCB President calls for better crypto regulations as investor interest surges

Roberto Campos Neto, President of the Central Bank of Brazil (BCB), has called for constructive crypto regulations that consider investors’ need for digital assets. A report unveiled this news on August 19, citing Neto’s speech during a Council of Americas-organized event. дальше »

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Binance announces mandatory, immediate KYC for all citing 'user protection'

Binance, the world's biggest cryptocurrency exchange, has been under heavy fire from global regulatory agencies for a while now. Following such setbacks, the exchange has been quick to initiate compliThe post Binance announces mandatory, immediate KYC for all citing 'user protection' appeared first on AMBCrypto. дальше »

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Terra Virtua moves to Polygon blockchain, citing environmental concerns

"By harnessing the power of this new blockchain, we can ensure that our NFTs are limiting their impact," said Terra Virtua co-founder and chief technical officer Jawad Ashraf. дальше »

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Walmart reveals its crypto ambitions by putting up a crypto job post

Walmart, the largest retailer in the US by total sales, is hiring a digital currency and crypto lead. A report unveiled this news on August 16, citing a post on the company’s career page. Reportedly, the person that takes on this role will be responsible for developing the retailer’s digital currency strategy and product roadmap. дальше »

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Lionel Messi bags crypto salary after move away from FC Barcelona

Paris Saint-Germain (PSG) has revealed that the financial package of its latest signing, Lionel Messi, includes payments via the club’s crypto fan token, as per a Reuters report citing an unnamed source close to the matter on Thursday. дальше »

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DAO Maker becomes latest DeFi platform to suffer an attack; Loses $7M

DAO Maker, a crypto fundraising platform commonly mistaken for MakerDAO, suffered a hack that resulted in the loss of more than $7. 00 million (£5. 07 million). A report unveiled this news on August 12, citing a disclosure from PeckShield, a Chinese blockchain security company. дальше »

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Coinbase discloses that it is working on a crypto deal with PNC Bank

PNC, the fifth-largest bank in the US, is joining hands with San Francisco-based Coinbase to offer its clients crypto investment services. A report unveiled this news earlier today, citing Coinbase’s shareholder letter. дальше »

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Coinbase teamed up with PNC Bank; working on a crypto deal

PNC, the fifth-largest bank in the US, is joining hands with San Francisco-based Coinbase to offer its clients crypto investment services. A report unveiled this news earlier today, citing Coinbase’s shareholder letter. дальше »

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US Judge grants Ripple access to Binance’s records in the SEC case

US Magistrate Judge Sarah Netburn has ruled in favour of FinTech firm Ripple once again in its ongoing securities case against the US Securities Exchange Commission (SEC). A report unveiled this news earlier today, citing court documents. дальше »

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JPMorgan Is Pitching A Private Bitcoin Fund to its Wealthy Clients

JPMorgan Chase is now planning to offer a passively managed Bitcoin fund in-house to its wealthy clients and has already started pitching it to them this week. Citing two people familiar with the matter, CoinDesk reported that the fund would be offered in partnership with NYDIG. дальше »

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The Israeli government mulls tracking crypto holdings worth over $61K

Israel’s government is bolstering its strategies in the fight against tax evasion and money laundering. A report unveiled this news earlier today, citing a new draft bill published by the country’s Finance Ministry. дальше »

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US financial regulators voice concerns over Tether and Facebook’s Diem

Tether (USDT/USD) and Facebook’s Diem, formerly Libra, were the main topic in a recent private meeting that discussed the risks stablecoins pose to financial systems. A report citing people familiar with the matter disclosed this news on July 27, noting that the US Treasury Secretary, Janet Yellen, led the meeting, which comprised the President’s Working […] The post US financial regulators voice concerns over Tether and Facebook’s Diem appeared first on Invezz. дальше »

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Goldman Sachs files a DeFi ETF application with the US SEC

Goldman Sachs (NYSE: GS), a leading American investment bank, has filed for a decentralised finance (DeFi) exchange-traded fund (ETF) with the US Securities Exchange Commission (SEC). A report unveiled this news on July 27, citing the application, which the bank filed yesterday. дальше »

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NatWest cuts payment channels to Binance, citing regulatory uncertainty

“It’s like people can’t spend their money on what they want anymore,” one Twitter user noted regarding NatWest’s action against Binance. дальше »

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Investment Advisor Says Bitcoin Is ‘Very Dangerous to Hold Today’ Citing Warnings by Regulators

Investment advisor and former Prudent Bear Fund manager David Tice has warned about investing in bitcoin. Citing “negative statements” by central bankers and regulators, such as the Bank of England, he said that it is “very dangerous to hold” bitcoin today. дальше »

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US government to offer bounties of up to $10M to curb ransomware attacks

The US government is planning to curb the prevalent use of cryptocurrencies in settling ransomware transactions. A report unveiled this news earlier today, citing people familiar with the matter. дальше »

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Bitcoin Energy Concerns Unlikely to Crash Its Long-Term Path, Cathie Wood Says

Cathie Wood, the founder, and CEO of Ark Invest has tossed her viewpoint over Bitcoin’s mining energy consumption, citing it as a minor setback to the asset’s path in the future. She further stated that although the energy problem is a major concern, it is temporary. дальше »

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Dogecoin Down 15% This Week, But Elon Musk Is Still Citing A Tremendous Run

Dogecoin may have been making rounds in the cryptocurrency market, for many reasons, but a commendable price performance isn’t one of them. The meme-coin is, at the time of this writing down by 2. дальше »

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After Barclays, Santander Bank Blocks Payments to Binance in UK Citing Customer Protection

Santander Bank in the U. K. has become the latest high street bank in the country to block fund transfers to cryptocurrency exchange Binance. Recently, Barclays and Natwest banks reportedly made a similar move. дальше »

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Israel’s New President Sworn in with an NFT, Ministry of Defense Orders Seizure of Crypto Wallets

The Bank of Israel Deputy Governor is also more concerned about financial stability, citing the rush to cryptos than inflation as such “enough reasons to be patient” with monetary policy and to allow it to be accommodative enough to continue to support the economy. дальше »

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Hedge Fund Giant, Marshall Wace, Is Now Betting on Crypto with A Special Focus on Stablecoins

London-based hedge fund Marshall Wave is the latest giant to enter the cryptocurrency industry reported FT citing people familiar with the plans. The investment firm, which manages $55 billion in assets, will target investments in areas including blockchain technology, payments systems for digital currencies, and stablecoins, with the latter being a specific focal point of […] The post Hedge Fund Giant, Marshall Wace, Is Now Betting on Crypto with A Special Focus on Stablecoins first appeared on BitcoinExchangeGuide. дальше »

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U.K. Multinational Bank Barclays Blocks All Payments To Binance, Citing Notice From FCA

British banking giant Barclays is prohibiting customers from using their debit and credit cards to make payments to the world’s largest cryptocurrency by trading volume, Binance. Barclays appears to be sending text messages to their customers, informing them that the bank is halting payments to the crypto exchange until further notice, the Financial Times reported. […] дальше »

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Ukrainian Monobank plans to offer BTC trading in July

Monobank, a leading electronic bank in Ukraine, is gearing up to launch Bitcoin (BTC/USD) trading in July. A report unveiled this news earlier today, citing the organization’s co-founder, Oleg Gorokhovsky. дальше »

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British Banking Giant Barclays Bans Payments to Binance, Citing FCA Notice

Barclays has started blocking all credit/debit card payments to cryptocurrency exchange Binance дальше »

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Banque de France Governor calls for urgent crypto regulation in Europe

François Villeroy de Galhau, the Governor of the French Central Bank, Banque de France, has called upon Europe to introduce a regulatory framework for cryptocurrencies. A report unveiled this news on June 29, citing Galhau, who spoke during the Paris EUROPLACE Annual Financial conference. дальше »

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Bank of England starts assessing the potential of digital assets

The Bank of England has begun evaluating the potential of a central bank-issued digital currency (CBDC). A report unveiled this news on July 1, citing Rishi Sunak, the Chancellor of the Exchequer of England, who shared his views on digital currencies in his Mansion House 2021 speech. дальше »

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Binance lists Ontario as 'restricted jurisdiction' citing 'compliance efforts'

Arguably the world's biggest cryptocurrency exchange, Binance, is in the news today after it advised its users in Ontario, Canada to "close out all active positions" by the end of this year. As per thThe post Binance lists Ontario as 'restricted jurisdiction' citing 'compliance efforts' appeared first on AMBCrypto. дальше »

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Flashcoin’s Solution to Tesla’s Bitcoin Environmental Issues

Earlier this year, Tesla announced its plans to accept Bitcoin as a payment method for its products. However, Tesla CEO Elon Musk has reversed this decision, and Tesla has discontinued accepting Bitcoin, citing environmental reasons. дальше »

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Russian Billionaire Slams Central Bank’s Crypto Policy, Says Even El Salvador Realizes the Need for Bitcoin

Russian billionaire Oleg Deripaska wants the Bank of Russia, the country’s central bank, to embrace cryptocurrency, citing El Salvador’s bitcoin law as an example. El Salvador recently passed a bill making bitcoin legal tender in the country. дальше »

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Pundit Lampoons Bitcoiners For ‘Worshipping’ Elon Musk, Michael Saylor, and El Salvador President, Nayib Bukele

Popular Bitcoin developer, Johnathan Corgan, took to Twitter to express sordid displeasure over what he terms “the emergence of celebrity worship” in the Bitcoin sphere. Citing Elon Musk, Michael Saylor, and El-Salvador’s president Nayib Bukele, as the recently crowned demi-gods of the bitcoin blockchain, Corgan was quick to point out a growing trend of excessive […] дальше »

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World Bank Refuses to Help El Salvador Make Bitcoin Legal Tender Citing Environmental and Transparency Issues

The World Bank has refused to provide technical assistance to El Salvador in implementing bitcoin as legal tender. The bank cited bitcoin’s “environmental and transparency shortcomings” as the reason. дальше »

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World Bank Refuses To Help El Salvador Implement Bitcoin, Citing “Transparency Shortcomings”

Revealing misunderstandings, the World Bank has rejected El Salvador's request for assistance in implementing a bitcoin standard. дальше »

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El Salvadorian government discusses paying salaries in Bitcoin (BTC)

Three El Salvadorian government ministries are discussing whether they should allow firms in the country to pay salaries in Bitcoin (BTC/USD). A report unveiled this news on June 15, citing El Salvador’s minister of Labour and Social Welfare, Rolando Castro. дальше »

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South Africa to revise its stance on crypto amid surging retail interest

South Africa’s financial watchdogs are gearing up to introduce a crypto regulation framework in the country. A report unveiled this news on June 14, citing a position paper published by the South African Intergovernmental FinTech Working Group (IFWG) via the Crypto Assets Regulatory Working Group (CAR WG). дальше »

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JPMorgan Warns of Incoming Bitcoin Bear Market Citing ‘Unusual Development’ in Futures

Investment bank JPMorgan Chase has warned of a further bitcoin price decline, expecting an incoming bear market. The bank’s analysts look at the trend in bitcoin futures and see “an unusual development and a reflection of how weak bitcoin demand is at the moment from institutional investors. дальше »

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Elon Musk’s Tesla Can’t Say No To Bitcoin Payments In El Salvador

The past few weeks have seen the price of Bitcoin dwindle after Elon Musk’s announcement that Tesla would no longer accept Bitcoin as payment for its products. Musk, who in March announced that Tesla would accept Bitcoin as payment for its cars and other products, but had to retract the decision citing strong outcry by […] дальше »

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IMF sounds ‘legal, economic’ alarms over El Salvador’s Bitcoin adoption

The International Monetary Fund (IMF), a global, intergovernmental economic and financial body, condemned El Salvador’s move to make Bitcoin an official ‘legal tender’ in the country citing economic and legal risks. дальше »

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Billionaire Entrepreneur Mark Cuban Reveals he Holds Bancor (BNT)

Mark Cuban holds BNT — the token for decentralized finance (DeFi) protocol Bancor, citing the simplicity, impermanent-loss protection, and user-friendly nature of the DeFi platform as his major reasons. дальше »

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Crypto Exchanges Kraken, Bitfinex, and KuCoin Exploring India for Entry: Report

After cryptocurrency exchange, Binance, U. S. -based Kraken, Hong Kong-based Bitfinex, and rival KuCoin are actively exploring ways to set up in India, reported Reuters, citing people familiar with the matter. дальше »

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Microstrategy Received $1.6 Billion in Orders For Their Bitcoin Offering

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Chinese Crypto Mining is Economically Efficient, Argues Canaan CEO

Chinese crypto mining equipment producer Canaan is arguing against the indiscriminate crackdown on cryptocurrency mining in China, citing mining’s economic efficiency. The post Chinese Crypto Mining is Economically Efficient, Argues Canaan CEO appeared first on BeInCrypto. дальше »

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Report: Three of the most glorified ICOs in Israel were fraudulent

Three of Israel’s most famous initial coin offerings (ICOs) in 2017 and 2018 were scams. A report unveiled this news on May 31, citing a $16. 1 million (£11. 32 million) lawsuit filed on May 25 by Roee Broncial and Eran Okashi, who are employees of the Singulariteam venture capital fund. дальше »

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Reserve Bank of India slams banks after they stop services for crypto users

The Reserve Bank of India, the country’s central bank, released a new directive today after local banks ceased crypto services for users citing a directive from 2018, an official filing shows. The post Reserve Bank of India slams banks after they stop services for crypto users appeared first on CryptoSlate. дальше »

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Indian central bank clarifies regulations as local banks shun crypto

Banks like HDFC and the State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular. дальше »

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BoK says leveraged crypto trading poses a threat to the banking system

The Bank of Korea (BoK) has come out to warn that the increasing cases of leveraged crypto trading by South Korean citizens pose a significant threat to the country’s financial system. A report unveiled this news on May 27, citing remarks from BoK’s governor, Lee Ju-yeol, who spoke after a monetary policy committee meeting yesterday. дальше »

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UK bans Luno’s ‘time to buy Bitcoin’ ads, calls them “irresponsible”

The UK’s Advertising Standards Authority (ASA) has banned a series of popular Bitcoin ads in the country citing irresponsibility, a report on national news outlet The Guardian said today. The post UK bans Luno’s ‘time to buy Bitcoin’ ads, calls them “irresponsible” appeared first on CryptoSlate. дальше »

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