Malaysia’s 2020 cash restrictions will affect everything except humanitarian aid and regulated financial institutions. Malaysia is planning to impose a $6,000 limit on cash transactions in 2020, according to a deputy governor at the country’s central bank. The new restrictions aim to prevent the use of cash in illicit activities, and won’t affect regulated financial…
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Power Ledger’s new commercial deal in South Australia aims to help users avoid additional hidden electricity costs and extra charges. Australian blockchain energy firm Power Ledger has partnered with a local energy retailer to roll out its technology in South Australia. Power Ledger’s blockchain-based software will allow Australians to pool their excess solar and battery…
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Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Legal news Zuoxing Yang, founder and CEO of Chinese Bitcoin miner maker MicroBT, and former processor design director at now major competitor, Bitmain, is reportedly being held by local…
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Chinese police are holding the founder of Bitmain rival MicroBT over suspected allegations of intellectual property infringement. The founder of Bitcoin mining rig manufacturer MicroBT is being held as of Nov. 8 by Shenzhen Police to assist in an investigation, according to a local news source. Police are likely to be questioning Zuoxing Yang over…
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Changes in China’s Bitcoin (BTC) mining policy are not accidental, and competition in the global mining sector might become more intense, says an analyst at Beijing-based token data and rating agency TokenInsight. Moreover, the recent major crypto move by Hong Kong might also increase competition in the local cryptocurrency trading market, he added. It’s a…
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After dipping below the $9,000 threshold, Bitcoin continued to see downward trend, down 5.6% over the day at press time. Falling below $9,000, Bitcoin (BTC) has seen another dip today and its price dropped over $200 in an hour. Alongside Bitcoin, the top 20 cryptocurrencies by market capitalization are seeing major losses of nearly 10%…
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Veteran trader opens a FOMO position on Stellar Lumens and a few other altcoins while Bitcoin price continues to trade sideways and numerous top-10 cryptocurrencies post gains. Altcoins have been inching their way deeper into my trading routine and this seventh entry of the crypto trading journal features a newly opened position on VeChain (VET),…
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In the past few sessions, bitcoin price declined below the USD 9,350 and USD 9,250 support levels. BTC/USD is now trading below USD 9,150 and it seems like it could continue to slide towards the USD 9,000 and USD 8,850 support levels. Similarly, altcoins started a fresh decline below key supports, including ethereum, XRP, bitcoin…
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The former head of People’s Bank of China, Zhou Xiaochuan has argued that Libra would be more readily trusted if it were in the hands of an entity like the IMF. The former head of People’s Bank of China (PBoC), Zhou Xiaochuan has argued that the Libra stablecoin would be more readily trusted if it…
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A senior U.S. federal official argued that Facebook’s Libra highlights the need for the FED to urgently launch its own real-time payments system — FedNow. A senior United States federal official has argued that Facebook’s Libra highlights the need for the Federal Reserve (Fed) to act urgently and launch its own real-time payments system. In…
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