Source: a screenshot, Instagram/proseguralarmasperu Another international security services behemoth has taken the crypto plunge, with Spanish firm Prosegur launching a dedicated subsidiary that will offer crypto custody services. The company, which is based in Madrid, has over 160,000 employees worldwide and reported net profits of almost USD 190m in 2019, said that it had “launched…
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Major crypto exchange OKEx confirmed that it will reopen "unrestricted withdrawals" on or before November 27. "One of OKEx’s private key holders has completed assisting the authorities in a previously referenced investigation. Throughout this investigation, OKEx was confirmed not to have been involved in any wrongdoing or illegal activities, and the private Read more »Pay,…
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Jamie Dimon. A Deutsche Bank strategist has expressed another hopeful-sounding sentiment about bitcoin (BTC) – but it looks as though not everyone in the conventional financial world has been sold on the crypto dream, with the head of JPMorgan still expressing doubt about the role of unregulated tokens in the sector. In a note shared…
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Bitcoin price started a major downside correction after trading close to USD 18,500. BTC broke the USD 18,000 support level and even spiked below USD 17,750. The price is currently (05:00 UTC) holding the USD 17,500 support and facing many hurdles near USD 18,000. Similarly, there was a bearish reaction in most major altcoins, including…
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Cubans are being pushed yet closer to bitcoin (BTC) and altcoins after the nation’s long-running spat with the United States took yet another conventional remittance casualty. Per earlier reports in November, the Cuban government has closed all 400 Western Union offices in the country after Washington blacklisted Fincimex, a military-run firm that processes payments from…
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International bodies representing virtual asset service providers (VASPs) are braced for a whole new set of regulatory hurdles – and seemingly face a race against time to prepare industry-wide standardization before regulators unleash another barrage of policing measures on crypto exchanges and other industry players next year. Speaking at a panel session for Read more…
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Leading media outlets around the globe have had their heads turned by meteoric bitcoin (BTC) rise as the crypotasset rocketed up beyond the USD 18,000 mark. And while crypto has remained a niche subject for the mainstream – except for rare and nefarious events such as the Mt. Gox exchange collapse of 2014 and the…
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Financial regulator Securities and Exchange Commission of Pakistan (SECP) is seemingly leaning toward a more liberal stance on crypto regulation in the country with over 212m people, which is already one of the top emerging crypto markets, a recent position paper indicated. The SECP admitted that its position is based on the ‘do-not-harm’ approach. This…
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Ricardo Salinas Pliego. Source: a video screenshot, Youtube/Ricardo B. Salinas Pliego 2020 looks to have been one of the best years yet for bitcoin (BTC) – with prices booming and an increasing number of high-profile investors and celebrities looking to get onboard as publically as possible – via the medium of Twitter. The latest to…
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Bitcoin (BTC) rally keeps accelerating as the price jumped from USD 17,000 to USD 18,000 in less than a day. The most popular cryptocurrency briefly touched USD 18,020 on 04:00 UTC before correcting lower and then rallying again. At the time of writing (04:24 UTC), BTC trades at USD 18,184 and is up by 9%…
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