Joe Biden. Source: A screenshot, Instagram/joebiden Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. CBDCs news The President of the European Central Bank (ECB), Christine Lagarde, has stated that European Union finance chiefs could approve the launch of a digital version…
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French businessman Alexandre Raffin, who runs the Paris-based Gains Associates, a company that allows investors to pool their money and buy crypto, has filed a lawsuit in an Australian court against crypto advisory and research company Modern Assets Australia. Raffin accused the Australian firm of an alleged scam related to a failed deal to buy…
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South Korean crypto exchanges are now among the most tightly policed trading platforms in the world after a new piece of anti-money laundering (AML) legislation promulgated last week, also placing controls on banking operations and much more. But in the ensuing grace period – which runs until late September this year – it appears smaller…
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Crypto users and advocates are rallying somewhat uncertainly around the cause of the decentralized content platform operator LBRY. The operator has been hit with a USD 11m legal challenge from the US Securities and Exchange Commission (SEC) – which, per legal documents filed with the New Hampshire District Court, claims that the operator has raised…
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Source: iStock/standret, Cryptonews.com Tether, the issuer of the most popular stablecoin, tether (USDT), published its independent accountant’s report that claims that the company’s assets exceed its consolidated liabilities "as of 28 February 2021 at 11:59 PM UTC." Cayman-based auditor Moore Cayman, said that, in their opinion, the Consolidated Reserves Report by Tether is Read more…
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The politician charged with putting together Russia’s crypto regulation legislation and forming the nation’s financial policy has spoken about the need to purge the United States dollar from the economic system – and has called the forthcoming digital ruble a “higher form of money.” Speaking in an interview with the state-owned media outlet RT, Anatoly…
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Source: iStock/isa_ozdere US-based major blockchain company Ripple that is still fighting a major legal battle with American regulators said it has agreed to acquire 40% in Tranglo, an Asian cross-border payments specialist. The transaction is expected to be closed this year, while TNG Fintech Group will remain the majority shareholder in Tranglo, Ripple said without…
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Following two weeks of unchanged market sentiment, there’s finally been a move – and for the worse. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins dropped from 5.91 seen a week ago to 5.69 recorded today, according to crypto market sentiment analysis site Omenics. All but two coins are red…
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Payments giant Visa partnered with major crypto company Crypto.com in order to settle transactions in the second-largest steblecoin USD Coin (USDC) with Visa over Ethereum (ETH). "Working with Anchorage, the first federally chartered digital asset bank and an exclusive Visa digital currency settlement partner, Visa has launched a pilot that allows Crypto.com to Read more…
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Bitcoin price remained stable above USD 52,000 and it climbed above USD 53,000. BTC even spiked above the USD 53,500 and it is currently (13:45 UTC) showing positive signs. If there is a daily close above USD 53,200 and USD 53,500, there are chances of a move towards the USD 55,500 resistance. Similarly, most major…
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