A bipartisan team of senators introduced legislation that would regulate Facebook’s Libra stablecoin under securities law. American lawmakers have reportedly introduced a bill aiming to put Facebook’s Libra under the jurisdiction of the Securities and Exchange Commission (SEC). Two Texas representatives, Sylvia Garcia and Lance Gooden, have proposed legislation that would put even more regulatory…
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Chinese police have reportedly shut down the Shanghai offices of leading cryptocurrency exchange Binance. Chinese authorities have reportedly raided and shut down the Shanghai offices of leading cryptocurrency exchange Binance. Citing unnamed local sources, The Block says that local police have shut down Binance’s offices after raiding the premises. Between 50–100 of the exchange’s employees…
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Several days of selling pressure finally took their toll on Bitcoin on Thursday, with BTC/USD returning to the $7,000 range after a four-week absence. Bitcoin (BTC) fell below $8,000 on Nov. 21 after several days of downward price pressure finally cost the cryptocurrency a major support level. Data from Coin360 showed BTC/USD finally reentering the…
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Source: a video screenshot, Youtube, Castanet News Two men walk into a grocery shop and commit a Bitcoin (BTC) ATM robbery. No, not a joke, but actual news, and – in a twist of irony – an unfavorable example of crypto / blockchain adoption. Apparently, BTC ATM’s have become commonplace enough for your regular, ol’,…
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Volksbank Raiffeisenbank Fürstenfeldbruck has become the country’s first bank to charge every client 0.5% of their savings — for the privilege of storing fiat. Bitcoin-cautious Germany has seen its first bank demand that ordinary savers pay it to hold their money — even as little as €1. According to multiple local press outlets including the…
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In the past few sessions, there were mostly range moves above the USD 8,000 support. BTC/USD made an attempt to climb above the USD 8,200 and USD 8,250 resistance levels, but it failed. It is currently (09:00 UTC) consolidating and remains at a risk of more losses below USD 8,000. Likewise, many major altcoins struggled…
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An ice cream shop in Berlin’s trendy Friedrichshain district has revealed that a chat with an unknown “super nice” guy spurred them to spearhead Bitcoin adoption. An ice cream shop in Berlin’s trendy Friedrichshain district has revealed that a chat with an unknown “super nice” guy spurred them to spearhead Bitcoin adoption with the local…
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Binance has become another major crypto exchange that is investing in India despite the local government said it’s considering a total cryptocurrency ban in the country. After South Korea’s major crypto exchange Bithumb said in October that is hoping to launch an exchange in India, Binance moved faster and for undisclosed sum acquired a local…
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Grayscale’s Michael Sonnenshein contends that the asset manager’s Form 10 filing with U.S. regulators would be “a milestone” for the crypto industry if it’s approved. Grayscale’s Michael Sonnenshein contends that the asset manager’s recent Form 10 filing with American regulators would be “a milestone” for the crypto industry if it’s approved. Sonnenshein — managing director…
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Roger Ver. Bitcoin Cash was briefly the only token in the green among the top 10 cryptocurrencies by market capitalization today – likely boosted by news of the launch of a new USD 200 million fund. The token’s chief proponent, Roger Ver, announced yesterday that Bitcoin.com would be launching what he called an “ecosystem investment…
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