We got the congressional documents that explain why this is happening. Brazilian Congressman Aureo Ribeiro, author of a bill that purports to regulate the Brazilian crypto market, requested the opening of a Parliamentary Inquiry Commission (PCI) to investigate crypto-related fraud in Brazil. Cointelegraph got access to a document that asks for a deep investigatigation into…
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Blockchain payments network Ripple announces that it sold $66.24 million worth of XRP in Q3 2019 — down a staggering 73.66% compared to the previous quarter. Blockchain payments network Ripple has announced that it sold $66.24 million worth of XRP in Q3 2019 — down a staggering 73.66% compared to the record sale worth of…
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FATF has concerns over Libra’s potential use in money-laundering if Facebook’s proposed stablecoin is to become widespread. Global monetary watchdog, the Financial Action Task Force (FATF), has added its voice to the growing chorus of concerns over Facebook’s Libra and other stablecoins. Mass adoption of such currencies could hinder efforts to detect and stamp out…
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Depending on who you ask, Brexit will affect every aspect of British life. But how will the UK leaving the EU affect the bitcoin market? And in particular, how will it affect the BTC/GBP market? Well, the answers to these questions depend largely on whether or not the UK will crash out of the EU…
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Justin Sun. Source: a video screenshot, Youtube, Tron Tron (TRX) founder, Justin Sun, said he’s “not buying anything,” in a response to a report that he’s involved in the Poloniex’s spin-off from Circle. “Just invest some and help out my friends. Actually I have a huge bag of $BNB, $HT, $OKB etc and bet on…
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New York District Court postpones the hearing regarding the Securities and Exchange Commission’s injunction filing against Telegram Open Network. The United States District Court for the Southern District of New York has postponed the hearing regarding the Securities and Exchange Commission’s (SEC) injunction filing against Telegram Open Network (TON) and its Gram token to Feb.…
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Binance.US announced that its customer’s dollar deposits are now eligible for FDIC insurance coverage. Binance.US — the United States-focused wing of major cryptocurrency exchange Binance — announced that its customer’s dollar deposits are eligible for Federal Deposit Insurance Corporation (FDIC) insurance coverage. FDIC insures deposits up to $250,000 In a blog post on Oct. 18,…
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Two counties in the U.S. state of Oregon will pilot a blockchain-based voting program for select citizens in November. Two state counties in the United States are implementing blockchain-based mobile voting in the special elections in November. On Oct. 18, the nonprofit Tusk Philanthropies announced its partnership with Jackson and Umatilla Counties in Oregon to…
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German Federal Minister of Finance Olaf Scholz has doubled down on his previous statement that policymakers should prevent the issuance of Libra. German Federal Minister of Finance Olaf Scholz has doubled down on his previous statement that policymakers should prevent the issuance of Facebook’s Libra stablecoin. At the International Monetary Fund and World Bank fall…
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Bitcoin is at a critical crossroad. What are the different possibilities and important levels to watch out for? Let’s analyze the charts. The traditional financial system is heading to a disaster with about $17 trillion in global bonds returning negative-yields. “The whole concept of negative yields, of people paying for the privilege of lending money,…
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