Tag: bitcoin

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US ‘Largely Compliant’ with FATF Recommendations, but Issues Remain

The United States is "largely compliant" with recommendations around digital assets, but issues remain, says multi-government regulator whose recommendations are recognised as the global anti-money laundering (AML) and counter-terrorist financing (CTF) standard. The Financial Action Task Force (FATF) published a report in which they review the United States’ AML  Read more »Pay, Trade, Buy Bitcoin…
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Bitcoin Merchant Resilience Amid Pandemic Surprises Analysts

Analysts are surprised by the resilience of the bitcoin (BTC) merchant services, as well as by the lower drop in purchasing than expected. Furthermore, each of the three categories they inspected, reacted in their own way to the coronavirus-caused economic crisis. Blockchain and analytics specialist Chainalysis observed the effects of COVID-19 pandemic on the  Read…
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Insight on Liquidity from DeFi Protocols

The decentralized finance industry will keep growing in the future, and this growth will require more efficient and innovative incentives. Over the last year and a half, decentralized finance has had an explosion of activity. Lending and borrowing decentralized applications, margin trading, liquidity protocols, stablecoins, insurance and derivatives have all grown in user numbers, in…
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FATF Report: US Is Not Focusing Enough on Crypto Financial Risk

The Financial Action Task Force analyzed U.S. compliance to its recommendations, arguing that some of the enforcement is not specific enough for cryptocurrency. The Financial Action Task Force (FATF) has reevaluated the United States on its compliance with global anti-money laundering (AML) and counter-terrorist financing (CFT) regulations. According to the report published on March 31,…
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SEC Postpones Decision on Overstock-Affiliated Security Token Exchange

The U.S. Securities and Exchange Commission is seeking more feedback and more time before it decides whether to approve the launch of the Boston Security Token Exchange. The United States Securities and Exchange Commission is seeking more feedback and more time before it decides whether to approve the launch of the Boston Security Token Exchange…
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Bitcoin & Bitcoin Cash Holders More Profitable Than Ethereum & Litecoin Holders

Judging from a blockchain analysis tool that works across a range of digital assets, the majority of holders of both bitcoin (BTC) and bitcoin cash (BCH) seem to be still “making money.” Ethereum (ETH) and litecoin (LTC) users are not so lucky. The new set of tools, developed by blockchain analytics firm Into The Block…
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Ontario Conservation Authorities Test Blockchain for Green Energy on Smart Grids

Canadian conservation authorities and technology firm Insolar are conducting a test-bed blockchain project for renewable energy management. Canadian conservation authorities and technology firm Insolar are conducting a test-bed blockchain project for renewable energy management. Within the scope of its Sustainable Technologies Evaluation Program (STEP), on April 1 the Toronto and Region Conservation Authority (TRCA) announced…
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Crypto.com Waives Credit Card Fees for Crypto Purchases for 3 Months

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Crypto.com Waives Credit Card Fees for Crypto Purchases for 3 Months Additionally, up to 20% back on essential purchases (food, groceries and delivery) <HONG KONG, April 2, 2020>  –  Crypto.com announced that beginning today and for three months, it will offer…
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Gold Is ‘Toilet Paper’ for the Rich, Bitcoin for the Poor — Max Keiser

Panic buying of gold by the rich due to coronavirus will force everyone else into Bitcoin, the celebrated TV host forecasts. People are going to buy Bitcoin (BTC) in droves — because there will be no gold for sale due to coronavirus, Max Keiser predicts. In a recent edition of his Keiser Report news program…
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Decoupling? Bitcoin Price Surges Above $6.7K as Stocks Again Bearish

As US equities markets closed with a loss, Bitcoin price rallied from $6,150 to $6,744 in pursuit of the $6,900 resistance. Since topping out at $6,500 on March 31, Bitcoin (BTC) price had spent the majority of Wednesday in a steady slump which saw the price drop from $6,494 to $6,147. The pullback mirrored the…
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