Category: cryptocurrencies

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UN Claims Hong Kong Blockchain Firm Is North Korean Laundering Sham

The United Nations Security Council’s Sanctions Committee on North Korea has accused the country of using a Hong Kong-based blockchain firm as a front to launder money. The United Nations Security Council’s Sanctions Committee on North Korea has accused the country of using a Hong Kong-based blockchain firm as a front to launder money.  As…
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Æternity Releases Final Hard Fork Software to Compete with Ethereum

The core development team of blockchain platform Æternity announced the release of the software of its latest hard fork, Lima. The core development team of blockchain platform Æternity announced the release of the software of its latest hard fork, namely Lima. Æternity announced in a press release published on Nov. 5 that the introduction of…
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Coinbase Legal Chief Wants Private Sector to Create US Digital Dollar

Coinbase’s legal chief Brian Brooks believes the private sector should be responsible for creating the United States digital dollar. Coinbase’s legal chief, Brian Brooks, feels that the United States government should take a step back and allow the private sector to create the U.S. digital dollar. Private sector should build the technology In a Fortune…
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Bitcoin’s Price Hovers Above $9,300, While Stellar Shows 20% Gains

Stellar takes the lead with 20%, while Bitcoin’s price hovers above the $9,300 price mark and the crypto markets continue to show upward price momentum. Tuesday Nov. 5 — Crypto prices continue to show upward momentum across markets, while Bitcoin (BTC) hovers around the $9,300 price mark and Stellar (XLM) takes a shot at the…
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Rep. Davidson Sees Place for Blockchain in US Manufacturing Despite Congress’ Concerns

U.S. pro-crypto Rep. Warren Davidson promotes blockchain’s promise in American manufacturing in response to public fears in the face of technology. United States pro-crypto Congressman Warren Davidson (R-OH) has once again called for clear regulations of blockchain industry to maintain U.S. economic dominance. On Nov. 4, Davidson published a letter in the Wall Street Journal…
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European Union Drafts Law Suggesting Consideration of Eurocoin

A draft document issued by the European Union suggests that the organization should consider issuing its own digital currency. A draft document issued by the European Union suggests that the union should consider issuing its own digital currency. Will the EU wage war on crypto? Reuters reported on Nov. 5 that the draft in question…
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Report: Barely Any Hong Kong Crypto Funds Being Approved for Licenses

One year after launching a trailblazing licensing scheme for cryptocurrency fund managers, Hong Kong’s securities regulator has issued few and far between. One year after launching a trailblazing licensing scheme for cryptocurrency fund managers, Hong Kong’s securities regulator has issued few and far between.  According to a Reuters report on Nov. 5, the licenses introduced…
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US Federal Reserve Hiring New Manager to Research Digital Currencies

The United States Federal Reserve is hiring a manager for its Retail Payments section to contribute to the research of digital currencies and stablecoins. The United States Federal Reserve is hiring a manager for its Retail Payments section in Washington, D.C. On Nov. 3, the U.S central bank posted a new job opening to its…
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Canadian Regulators Seize Crypto Exchange Reportedly Owing $16M to Clients

Regulators in the Canadian province of British Columbia have shut down the Einstein cryptocurrency exchange, which reportedly owes $16 million to clients. Regulators in the Canadian province of British Columbia have shut down the Vancouver-based Einstein cryptocurrency exchange. In a press release on Nov. 4, the British Columbia Securities Commission (BCSC) reported that it had…
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Stellar Burns Over 55 Billion Tokens Worth $4.7 Billion USD

The Stellar Development Foundation has announced that it burned over 55 billion tokens and is focusing on other development goals for the currency. The Stellar Development Foundation (SDF) announced a new mandate today for its network’s development, stating that it has burned over 55 billion Stellar Lumens (XLM) tokens.  According to a Medium post on…
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