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Philippines Central Bank Approves Two New Cryptocurrency Exchanges; Atomtrans and Telcoin
The Central Bank of the Philippines has recently decided to allow two new companies to operate as cryptocurrency exchanges within its boundaries. Now, Telcoin Corpl and Atomtrans Tech Corp will both be able to offer its services in the country. дальше »
2019-8-20 23:00 | |
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Over 200 Cryptocurrency Exchanges in South Korea at Risk of Bankruptcy
South Korean cryptocurrency investors are facing a huge challenge as 97% of the exchanges in the country face bankruptcy. The exchanges claim low transaction volume and inability to open real-name virtual accounts as major causes for the challenge. дальше »
2019-8-20 22:10 | |
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China’s Central Bank’s Crypto Proposal Will Assist Banks in Curbing Alipay, WeChat Pay Dominance
The much-awaited Bank of China’s cryptocurrency could be a move by the bank to help curb Alipay and WeChat Pay dominance in the financial sector. Appearing on South China Morning Post financial analyst, Cindy Wang, a renowned analyst with DBS Research Group, claimed that the country is set to benefit as investors and merchants will […] дальше »
2019-8-20 21:55 | |
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Bitcoin Could Get Major Boost From Hong Kong As Protesters Prepare To Attack The Financial System
The Chinese government has in 2019 been giving Bitcoin all the ammunition it needs to rally. While Beijing is doing this unconsciously, political and economic struggle in the country has seen Bitcoin’s popularity rise exponentially. дальше »
2019-8-20 14:06 | |
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China’s Shenzhen special economic zone will now support digital currency research
The special economic zone of China located in Shenzhen province will now support research on digital currencies as reported by a local daily. China has been ambivalent on cryptocurrency, where they had earlier banned exchanges from operating in the country. дальше »
2019-8-18 15:21 | |
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Three Days Opening for a New Satoshi in Town
Coinspeaker Three Days Opening for a New Satoshi in TownIn addition to his real-life identity, Satoshi Nakamoto will use “My Reveal” to divulge such facts as his country of origin, education, professional background, and why he has yet to move any of his 980,000 Bitcoins.Three Days Opening for a New Satoshi in Town дальше »
2019-8-19 14:52 | |
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Philippines Increasingly Crypto Friendly – A Look at Driving Forces
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. дальше »
2019-8-18 03:30 | |
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Philippines Increasingly Crypto Friendly
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. дальше »
2019-8-20 03:30 | |
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New Zealand workers are first to earn bitcoins (BTC)
Since September 1, wages in New Zealand will be available in cryptocurrency. The country’s tax department has decided that salaries and wages can be paid in cryptocurrency if it is pegged to at least one fiat currency (“Salaries and wages may be paid in cryptocurrencies so long as the preferred digital coin is pegged to […] дальше »
2019-8-17 11:23 | |
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Zcoin Thais Knot With Five Million Merchants
Zcoin (XZC) is pushing for more merchant adoption in its homeland. With the latest integration with the Satang App, customers in Thailand can now spend Zcoin through a mobile QR payment system at five million merchants throughout the country. дальше »
2019-8-15 22:31 | |
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‘Bullish For Bitcoin’: China Bank Bailouts Spark ‘Biggest Credit Bubble In History’
Bitcoin could possible gain from economic uncertainty in China as one source describes the country’s third major bank bailout of 2019 as the world’s “biggest credit bubble. ” China Bailouts: 3 Banks, $390 Billion Taking statistics from various sources, the Twitter cryptocurrency trader and commentator known as CryptoArbitrage noted that last week’s bailout of Heng Feng bank was the third involving assets over $200 billion. дальше »
2019-8-15 15:34 | |
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Iran’s Flood Victims to Receive Bitcoin Donations via IranRescueBit
Volunteers in Iran have launched a blockchain-based platform named IranRescueBit, to enable well-meaning individuals to send bitcoin (BTC) and altcoin donations to flood victims in the country amidst the current international sanctions imposed on the nation by the Donald Trump administration, reports Aljazeera, August 14, 2019. дальше »
2019-8-15 15:00 | |
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Central Banks Worldwide Testing Their Own Digital Currencies
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden. дальше »
2019-8-15 09:53 | |
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Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money
Whenever bitcoin experiences a sharp drop or volatility, mainstream media analysts jump to declare that cryptocurrency isn’t stable enough to be considered money. The double-digit crash of the Argentine peso in one day, simply due to an election in the country, can be said to prove the same about fiat. дальше »
2019-8-15 01:00 | |
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Reserve Bank of India vs Cryptocurrency: Showdown for the Banking Ban
The Indian Supreme Court has held the initial hearing for the court case between the RBI and the Internet and Mobile Association of India (IAMAI), a not for profit body to enhance online services. The IAMAI appointed Mr. дальше »
2019-8-14 19:00 | |
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Austrians Reject Bitcoin, Reveals New Public Survey
A majority of Austrians are skeptic about decentralized cryptocurrencies like bitcoin, according to a new ING International survey. Only 13 percent of the participants from Austria expressed optimism towards cryptocurrencies, making the country of one of the world’s most prominent anti-bitcoin regions in terms of public sentiment. дальше »
2019-8-14 18:00 | |
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Kimchi Premium Spread on Bitcoin’s Price Disappears Once More As Trading Range Tightens
The Kimchi Premium has finally disappeared. The concept, in case you are not familiar with the term, is the “extra” that people pay for Bitcoin in South Korea. For reasons which are linked to demand, people in the country often pay more for Bitcoin than in the rest of the world. Recently, however, the spread […] дальше »
2019-8-14 16:55 | |
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Australian Consumer Authority (ACCC): “Australians Lose Nearly $15 Million USD Since Start of 2019”
Australians lose over half a billion AUD dollars in 2019 through financial scams with the crypto industry contributing close to $15 million in the past seven months. The Australian Competition and Consumer Commission (ACCC) announced the country was set to witness record losses in scams, with the figure expected to reach $532 million USD by […] дальше »
2019-8-14 16:40 | |
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Bitcoin, Ethereum and Litecoin donations to aid Iran’s flood relief campaign
Iran experienced one of the worst floods in history this March which continued till April. The country received its heaviest rainfall in 70 years, flooding 28 provinces and killing 76 people. The catastrophic floods caused an estimated $2. дальше »
2019-8-14 12:53 | |
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RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court Today
The Indian supreme court resumed hearing the writ petitions against the banking restriction by the central bank, the Reserve Bank of India (RBI), on Wednesday. Many issues were discussed, ranging from the legality of the RBI action to the classification of crypto assets and how each country regulates them. дальше »
2019-8-14 12:25 | |
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RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court
The Indian supreme court resumed hearing the writ petitions against the banking restriction by the central bank, the Reserve Bank of India (RBI), on Wednesday. Many issues were discussed, ranging from the legality of the RBI action to the classification of crypto assets and how each country regulates them. дальше »
2019-8-15 12:25 | |
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Bitcoin Trading at a $1000 Premium in Argentina as Peso Plunges More Than 30%
Bitcoin is trading at a premium of about a thousand dollars on LocalBitcoins in Argentina after the currency of the country peso plunged more than 30% on Tuesday. The currency crisis and stock market chaos followed country’s center-right leader, president Mauricio Macri performing poorly in primary elections. дальше »
2019-8-13 17:15 | |
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Cryptocurrency scammers conned Australians out of $14.8M in just 7 months
Cryptocurrency investment scams in Australia cost victims a record $14. 76 million between January and July this year. That’s according to the Australian Competition and Consumer Commission (ACCC). дальше »
2019-8-13 15:40 | |
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Obscure Indian Property Law Could Criminalise Users Holding Their Crypto Abroad
An anti-crypto lawyer from India, Vijay Dalmia, put forth his perspective on the current situation in the country on Mondaq, August 13, 2019. Notably, he discusses the Benami Act, 1988, which can cause incrimination for crypto investors who choose to stash their holdings with relatives or peers in countries with more favorable regulations. дальше »
2019-8-13 13:58 | |
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China’s Virtual Currency Won’t use a Blockchain due to Lackluster Throughput
Rumors regarding various countries looking to create their own Bitcoin competitor have persisted for some time now. Until this week, there was no indication any major country would go through with those plans. дальше »
2019-8-13 04:00 | |
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Study: Trump’s paid Peter Thiel’s Palantir $1.5B so far to build ICE’s mass-surveillance network
Perhaps no other company has profited more from the Trump administration’s treatment of undocumented immigrants — and US citizens of similar appearance — than Peter Thiel‘s Palantir. A recent investigation, conducted by Mijente, revealed the US government has at least 29 active contracts with the company worth approximately $1. дальше »
2019-8-13 23:28 | |
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‘Amazon of Argentina’ Stock Plunges as Fernandez Win Shocks Market
Argentine markets suffered what can only be characterized as a bloodbath on Monday, subjecting the peso, bonds, and local stocks to brutal declines. The reckoning spread beyond the shellshocked country’s borders, and one Nasdaq-listed firm dubbed the “Amazon of Latin America” suffered a merciless correction. дальше »
2019-8-13 21:38 | |
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India’s Second Largest Company, Reliance Industries, to Incorporate Blockchain All Across the Country
During the 42nd Annual General Meeting of Reliance Jio Infocomm Limited, an Indian mobile network operator fully owned by Reliance Industries, Founder, Shri Mukesh D. Ambani has shared how the firm will be investing in three next generation technologies’, among which includes focus depicted in blockchain technology, edge computing and virtual and mixed reality content […] дальше »
2019-8-13 21:36 | |
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Will China's 'Cryptocurrency' Pump - or Pummel - Bitcoin?
China's long-fabled "cryptocurrency" launch is finally on the horizon. According to Bloomberg, People’s Bank of China (PBoC) payments department deputy director Mu Changchun confirmed at the China Finance 40 Forum that the country’s cryptocurrency is nearing its release following a year of research and development. дальше »
2019-8-13 20:03 | |
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China’s Central Bank “Ready” to Launch National Digital Currency
An official at China’s central bank recently revealed the central bank’s readiness to launch the country’s central bank digital currency (CBDC) according to a report by Shanghai Securities News on August 10, 2019. дальше »
2019-8-12 18:44 | |
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China Says Its Crypto Is Ready: How Will This Affect Bitcoin?
For nearly five years, China has been working on its cryptocurrency. For much of the time, the People’s Bank of China has chosen to keep this fact a secret. However, last year reports emerged and the country could not hide it anymore. дальше »
2019-8-12 15:32 | |
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New Zealand greenlights Bitcoin salary regulation – but it’s still a bad idea
New Zealand‘s tax authorities have deemed it legal for companies to pay its employees in Bitcoin and other cryptocurrencies. Companies will also be able to deduct income taxes using current PAYE (pay as you earn) frameworks under the Income Tax Act 2007. дальше »
2019-8-12 14:02 | |
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Indian Firms Big on Blockchain But Gov’t Still Myopic on Crypto
It appears that the Indian government is mirroring China’s movements with regards to blockchain and cryptocurrency. A huge project by Indian mobile network operator, Reliance Jio, plans to roll out the country’s largest blockchain platform, yet lawmakers remain myopic about cryptocurrency. дальше »
2019-8-12 14:00 | |
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China Ready to Roll out State-Backed Digital Currency
According to an announcement from an official for the People’s Bank of China (PBOC), the country is nearly ready to unveil its new central bank digital currency (CBDC). Centralized Crypto-Currencies There’s been much talk recently in the Bitcoin space about digital payment technology getting picked up by centralized powers. дальше »
2019-8-12 21:42 | |
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PBOC’s Digital Currency Nearly Ready After 5 Years of Development
Coinspeaker PBOC’s Digital Currency Nearly Ready After 5 Years of DevelopmentA senior official of China's central bank announced at the China Finance 40 Group meeting that the country will soon roll out its central bank digital currency (CBDC). дальше »
2019-8-12 16:54 | |
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Wirex Steps Closer To Launching Japanese Crypto Exchange
Japan’s industry association for cryptocurrencies has approved a license application from Wirex, making it one of the few virtual payments platforms to receive preliminary authorization to operate in the country. дальше »
2019-8-10 19:22 | |
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India is Estimated to Lose $13 Billion Market if Government Bans Crypto
Coinspeaker India is Estimated to Lose $13 Billion Market if Government Bans CryptoOn the wake of India’s proposed cryptocurrency ban, it has been estimated that the country will lose an almost $13 billion market if it follows through with the ban. дальше »
2019-8-9 16:12 | |
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Robinhood expands fee-free crypto trading to the UK
Robinhood expanded its fee-free crypto trading platform to the United Kingdom. Robinhood announced Wednesday that the Financial Conduct Authority, which regulates U. K. financial services, has given it its blessing to operate in the country. дальше »
2019-8-9 11:23 | |
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US Exchanges Race to Launch Regulated Physically-Delivered Bitcoin Futures
The race to launch regulated physically-delivered bitcoin futures is back on for three US-regulated trading platforms after one of them hit a snag with the country’s derivatives regulator, the Commodity Futures Trading Commission. дальше »
2019-8-9 06:16 | |
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Expert: India Will Lose An Almost $13 Billion Market By Banning Crypto
India’s ban on crypto may be very costly, with the CEO of one research firm estimating that the country will lose out on almost $13 billion
дальше »2019-8-9 04:50 | |
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Expert: India Will Lose an Almost $13 Billion Market by Banning Crypto
India’s ban on crypto may be very costly, with the CEO of one research firm estimating that the country will lose out on almost $13 billion
дальше »2019-8-10 04:50 | |
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Bithumb Cryptocurrency Exchange Will Enter Singapore Market Via Local Platform BitHolic
Bithumb, a prominent South Korean cryptocurrency exchange, is set to enter the crypto market of Singapore soon. According to a local media outlet called News1 Korea, the company has acquired a regulated company in the country to buy its entrance in the market. дальше »
2019-8-9 01:17 | |
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Australian Authorities Charge Exmount Holdings Group Members for $1.8 Million Crypto Scam
The law enforcement of Australia has recently charged five people for a cryptocurrency-related scam that involved $2. 7 million AUD ($1. 8 million USD). The investigation, which was made by the cybercrime division of the country, discovered that the criminals fooled over 100 investors. дальше »
2019-8-9 22:37 | |
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Czech Republic To Enforce Crypto Regulations Deemed Harsher Than The Ones Issued by the EU
While some countries are friendly to Bitcoin, others seem to hate it. Unfortunately, the Czech Republic is far from one of the friendliest countries with crypto. According to recent reports, the country is about to enforce regulations on the crypto industry which are deemed to be even harsher than the ones required by the European […] дальше »
2019-8-9 22:09 | |
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Crypto Investment App Robinhood Receives UK Broker License
Robinhood and subsidiary Robinhood International have received broker licenses from the UK's Financial Conduct Authority, allowing the service to launch stock, ETF, and crypto investment offerings in the country. дальше »
2019-8-9 19:07 | |
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MERJ Stock Exchange In Seychelles Is The First To List Tokenized Security
Tokenized securities are the future of trading. At least that is what MERJ, a stock exchange based in Seychelles, believes. The company is set to be the first one in the whole world to list a tokenized security on its offerings. дальше »
2019-8-8 17:05 | |
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Report: Cryptocurrency businesses must register with Czech regulator or face $560K fine
Cryptocurrency companies operating in the Czech Republic will reportedly be subject to greater control by the government, a local newspaper says. According toaximum fine of approximately $560,000 (500,000€) on cryptocurrency businesses which fail to register with the country’s Trade Licensing Office. дальше »
2019-8-8 16:12 | |
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