The digital securities industry is already ahead of the rest crypto industry in terms of KYC (know your customer) processes, so the impact of the so-called Travel Rule should be minimal, Carlos Domingo, founder and CEO of security token platform Securitize, told Cryptonews.com. As a reminder, the ‘travel rule’, which is a new thing for…
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Bitcoin is not a security, says the United States Securities and Exchange Commission in a letter to Cipher Technologies Bitcoin Fund. The United States Securities and Exchange Commission (SEC) has yet again officially stated that Bitcoin (BTC) is not a security. In a letter to Cipher Technologies Bitcoin Fund dated Oct. 1 the SEC declined…
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With the opening of Korean HQ in Seoul, Cointelegraph looks deeper into local regulatory landscape… South Korean regulators seems to strongly favor blockchain over cryptocurrencies, and some recent events have further proven this hypothesis. As a result, as much as 97% of local digital assets exchanges are in danger of extinction, local reports suggest. Meanwhile,…
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Imagine a state in which neither the government nor the Central Bank control money. What does it look like? How does it function? What issues does it solve, and what issues does it face? These are certainly not easy questions to answer, but we’ve recently had a chance to hear the thoughts of some of…
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Cointelegraph en Español presents a weekly digest of selected cryptocurrency- and blockchain-related news from the Spanish-speaking world. The Spanish-speaking world is seeing additional cryptocurrency and blockchain developments with the inauguration of a new blockchain campus at a Madrid university, a number of new allegations of crypto scams in the Dominican Republic, Mexico issuing professional certificates…
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An investment arm of United States-based blockchain firm Algorand loses up to $2 million in crypto after its CTO’s phone was hacked. Algo Capital, an investment arm of United States-based blockchain firm Algorand, has lost roughly $1–2 million in Tether (USDT) stablecoins and Algorand (ALGO) tokens after its CTO Pablo Yabo’s mobile phone was compromised.…
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Former Iraqi interpreter for the U.S. military sentenced to 30 years in jail for selling fentanyl on the dark web, taking payment in crypto. A former interpreter for the United States military forces was sentenced to 30 years in jail for dealing fentanyl, which led to the death of a U.S. Marine. Drugs paid for…
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Liechtenstein’s Parliament unanimously passed the Blockchain Act, making it the first country to have comprehensive regulation of the token economy. Liechtenstein’s Parliament has unanimously passed the Act on Tokens and Entities Providing Services Based on Trusted Technologies (TVTG), also known as the Blockchain Act. Pioneer in comprehensive regulation On Oct. 3, the Parliament of Liechtenstein…
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This week’s selected cryptocurrency and blockchain news from the German-speaking world, courtesy of Cointelegraph auf Deutsch. The German-speaking world has experienced another week full of exciting developments in the crypto industry, with Liechtenstein approving the new Blockchain Act, Iota Foundation joining the European climate research community and Germany taking a firm stand against stablecoins. Here…
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Bitcoin price needs to climb above $8,200 soon or bears could step in to push the price down to $7,800 and below. Weekly crypto market data. Source: Coin360 As the weekly close approaches Bitcoin remains pinned in the $8,300 to $7,800 range. For the past few days, the digital asset has made lower daily…
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