Telegram will still have to prove that its bank records comply with foreign data privacy laws despite a U.S. court denying a Jan. 2 application by the SEC. The District Court for the Southern District of New York has denied a request by the United States’ securities regulator to make Telegram reveal its bank records.…
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New York-headquartered international investment giant WisdomTree Investments together with Abu Dhabi Investment Office (ADIO) and other investors invested in Securrency, as they aim to integrate blockchain technology into the exchange-traded fund (ETF) ecosystem. Securrency, a Washington-headquartered developer of institutional-grade blockchain-based financial and Read more »Pay, Trade, Buy Bitcoin with Credit Card
The operator of what is set to become the world’s largest Bitcoin mining facility has reportedly signed a deal with Japanese financial services giant SBI and internet provider GMO. The operator of what is set to become the world’s largest Bitcoin (BTC) mining facility has reportedly signed a deal with Japanese financial services giant SBI…
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American and international regulators and cyber police forces intensified their scrutiny of cryptocurrency exchanges last year – with the Kraken platform stating that it was hit with a whopping 710 information requests from global law enforcement agencies in 2019. The company bemoaned its fate, claiming that compliance is becoming increasingly expensive and burdensome for Read…
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Longfin CEO agrees to a $400,000 settlement in a long-running fraud case with the Securities and Exchange Commission. The United States Securities and Exchange Commission (SEC) announced that it has agreed to a settlement with the CEO of purported cryptocurrency company Longfin in a statement, Jan. 3. Venkata Meenavalli agreed to pay $400,000 in disgorgement…
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China’s central bank reports that it is “progressing smoothly” with its development of a government-backed digital currency. China’s central bank, the People’s Bank of China (PBoC), reports that it is “progressing smoothly” with its development of a government-backed digital currency. The bank issued its statement during a working conference held in Beijing from Jan. 2–3,…
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Bitcoin price rallied 5.5% to cross above the $7.6K resistance, briefly gaining above $8K and leading traders to call for a trend reversal. On Monday during the U.S. evening trading session, Bitcoin (BTC) price continued its rally from $7,358 and at the time of writing the price pushed as high as $8,000. For the past…
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Bitcoin price extended its gains above the USD 7,550 and USD 7,650 resistance levels, opening the doors for more upsides. Finally, BTC/USD surged above USD 7,850 and tested the key USD 8,000 resistance area. The price is currently (09:00 UTC) consolidating gains and dips are likely to remain supported near USD 7,650 in the near…
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Having dropped to below CME Futures’ latest weekly close, Bitcoin rose back to challenge $7,600, but analysts think progress will stall. Bitcoin (BTC) trudged closer to $7,600 on Jan. 6 after an overnight dip failed to trigger a sustained sell-off. Cryptocurrency market daily overview. Source: Coin360 BTC range suggests few surprises Data from Coin360 and…
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The Qatar Financial Centre — a business development jurisdiction in the country — has introduced a blanket bank on crypto-related businesses. The Qatar Financial Centre Regulatory Authority (QFCRA) announced that virtual asset services may not be conducted in or from the Qatar Financial Centre (QFC). The regulator announced the new measures in a tweet published…
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