According to sources quoted in local media, the country’s finance regulator wants to further shore up the exchange industry against crypto volatility. Bitcoin (BTC) and cryptocurrency exchanges in Japan will face significant restrictions on margin trading as soon as this Spring, according to reports. Referencing sources at Japan’s finance regulator, the Financial Services Agency (FSA),…
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This week saw BTC rally above USD 8K, while altcoins dropped, and BitPay CCO said that BTC will surpass USD 20K, but with a surprise. While more altcoins are expected to be integrated by mining pools, the ousted co-founder of Bitmain made a legal move to dethrone Jihan Wu. Telegram confirmed that its TON Wallet…
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Telegram lawyers say a review of its bank records’ data-privacy compliance could take months to prepare due to its multi-jurisdictional nature. Lawyers representing the messenger giant Telegram have stated that a review of financial records requested by the United States Securities and Exchange Commission (SEC) will take five to seven weeks to prepare. In a…
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U.S. lawmakers have appealed to the Federal Communications Commission to hold telecoms providers to account for their complicity in SIM swap attacks. United States lawmakers have appealed to the Federal Communications Commission (FCC) to hold telecoms providers to account for failing to protect consumers against SIM swap attacks. SIM-swapping — alternatively known as a port-out…
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The bounce off the first support levels on most major cryptocurrencies indicates a possible change in trend. Safe haven assets were dumped on Jan. 8, on reports that the US-Iran conflict might not escalate to an all out war. Cryptocurrencies, which had surged alongside gold and oil with also retreated from two-month high. However, the…
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A review of Bitcoin futures volumes in the week prior to the launch of options reveals “high anticipation,” according to a note from the bank’s analysts. The United States’ largest bank believes interest will be high in CME Group’s new Bitcoin (BTC) options when they launch on Jan. 13. In a note from Jan. 10…
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5AMLD comes into effect on Jan. 10, and cryptocurrency service providers are required to go along with it. The European Union’s 5th Anti-Money Laundering Directive (5AMLD) came into effect today, January 10. The regulation was entered as law on July 9, 2018 in an effort to bring increased transparency to financial transactions for pushing back…
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A new survey conducted among 800+ traders reveals that the majority of crypto traders love the simplicity of trading on desktop computers. Cryptocurrency exchanges are used by cryptocurrency holders to store their crypto assets or to trade cryptocurrencies. There are hundreds of exchanges available today, and it can be difficult for cryptocurrency holders to choose…
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New York lawmakers proposed a bill on a P2P savings and payment platform called the “New York Inclusive Value Ledger.” New York lawmakers proposed a bill on a peer-to-peer (P2P) savings and payment platform called the “New York Inclusive Value Ledger.” Introduced by New York State Assembly legislator Ron Kim and Senator Julia Salazar, the…
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ConsenSys co-founder Andrew Keys published an optimistic set of predictions for Ethereum in 2020, but others disagree with his assessments. Ethereum’s Serenity will launch by the end of this year, according to ConsenSys Co-founder Andrew Keys. Given the current state of development though, few share his excitement. In a Jan. 7 post published on the…
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