A D.C. court ruled that Bitcoin is money during a recent legal case, although the classification in this context already exists under legal expectations in much of the country. A recent Washington D.C. court case saw a man prosecuted on multiple counts for running a Bitcoin (BTC) tumbler — a method of hiding Bitcoin transactions.…
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Institutions on the fence about crypto involvement may no longer fear legal uncertainty, given recent crypto custody regulatory clarity. Recent regulatory transparency provided by U.S. banking regulator, the Office of the Comptroller of the Currency, or OCC, may give interested institutions the confidence to enter the crypto industry. “For those of us who have been…
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Malta-based cryptocurrency exchange OKEx now features daily, two-day, and monthly options trading for BTC/USD, ETH/USD, and EOS/USD. OKEx, the second largest crypto options trading platform after Deribit, is expanding its options trading types. Starting July 24, OKEx features new crypto options trading opportunities including daily options, two-day options, and monthly options. OKEx now features seven…
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Malta is taking a more holistic approach to its digital economy, combining blockchain with other “niche sectors.” The Maltese government is continuing to break away from its once-prominent blockchain agenda, as it intends to take a more holistic approach toward digital economy development. In a recent interview with Cointelegraph, Kearon Bruno, chairman of Digital Economy…
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Travala.com’s native token AVA will now be added to the Swipe wallet service and Visa card platform — making it spendable at 60 million merchants worldwide. At a time of unprecedented upheaval in the global tourism industry, blockchain-based travel booking service Travala and Swipe aim to boost crypto’s useability. Announced on July 24, Travala’s native…
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Indian Prime Minister Narendra Modi has publicly endorsed blockchain as an investment opportunity. The Prime Minister of India, Narendra Modi, has endorsed blockchain as an ‘opportunity in frontier technology’, renewing hopes that the country is warming to cryptocurrencies. In a keynote address at the India Ideas Summit, hosted by the US-India Business Council on Wednesday,…
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The popularity of crypto is on the rise in Africa, according to the CEO of one of the continent’s up and coming exchanges. Crypto usage and trading has made its way over to Africa, gaining prevalence all over the continent, according to Chris Maurice, CEO of Yellow Card — a crypto exchange based in Lagos,…
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Liquid exchange plans to delist major privacy coin Zcash in an effort to play nice with Singaporean regulators. Japanese cryptocurrency exchange Liquid is reportedly delisting privacy-focused coin Zcash (ZEC) in order to apply for a license to operate in Singapore. The Electric Coin Company, which develops the Zcash cryptocurrency, announced the news in a July…
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The World Stablecoin Association aims to unite major global stablecoin projects like Tether and USDC. Amid the massive growth of stablecoins in 2020, the cryptocurrency community is setting up an international stablecoin organization in Switzerland. Called the World Stablecoin Association, or WSA, the Geneva-headquartered organization is to be launched by cryptocurrency exchange VirgoX and blockchain…
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Blockchain interoperability has a big goal: to empower developers to choose what’s right for their application, not what is right for the platform they’re locked into. For years, tribalism has plagued the blockchain industry. Developers align to specific consensus protocols and defend technologies that use them, regardless of their limitations. These deeply rooted divisions are…
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