Bitcoin price needs to break out of the $8,200 to $8,500 range or bears could step in to push the price down to $6,500 and below. Around this time last week, the situation was looking increasingly dire for Bitcoin (BTC) and murmurs of a drop to $6,000 and even $3,000 began to circulate amongst traders.…
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A crypto exchange self-regulated organization is being created by crypto exchange OKEx in collaboration with other market participants. Cryptocurrency exchange OKEx announced in a press release shared with Cointelegraph on Oct. 3 the creation of a Self-Regulated Organization (SRO) aiming to standardize crypto exchange compliance practices and policies. A global self-regulatory crypto exchange body Per…
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Major cryptocurrency exchange Binance has partnered with crypto analytics startup Coinfirm to improve its anti-money laundering compliance. Major cryptocurrency exchange Binance has partnered with crypto analytics startup Coinfirm to improve its anti-money laundering (AML) compliance. New platform for FATF compliance The integration of Coinfirm’s blockchain-agnostic AML Platform will purportedly streamline Binance’s compliance with the AML…
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Senior officials in Russia, Mexico and Paraguay have given hints that their respective countries will seek to regulate cryptocurrencies – with an unprecedented three-pronged approach to crypto, a more considered approach and a suggestion to keep tokens well away from conventional finance all on the cards. In Russia, the country’s Deputy Finance Minister, Alexei Read…
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Crypto markets failed to continue new recovery trend as 19 out of the top 20 cryptos by market cap are seeing losses. Thursday, Oct. 3 — Crypto markets have again failed to continue their recovery as almost all the top 20 coins by market cap are seeing significant losses. Market visualization. Source: Coin360 After climbing to highs…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Two American congressmen have suggested that the United States should create a “digital dollar.” Republican congressman French Hill and Democrat Bill Foster have sent a letter to the Read…
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The chief legal counsel at Coinbase responds to concerns that conflicts of interest could compromise the company’s newly-created Crypto Ratings Council. Brian Brooks, the chief legal counsel at major United States digital wallet and exchange Coinbase, has responded to concerns that conflicts of interest could compromise the company’s newly-created Crypto Ratings Council. In an interview…
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Last week for XRP wasn’t one of its best, but this week seems to be bringing plenty of good news. However, it still trades sideways today, despite the most recent announcements, be it XRP community-related, a new platform and tools, or open source projects, as well as a proposal for creating an XRP-collateralized stablecoin. At…
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Two Venezuelan companies have partnered to release a cryptocurrency debit card and point-of-sale system. Two Venezuelan companies have partnered to release a cryptocurrency debit card and point-of-sale (PoS) system. “Crypto transfer device” supports four currencies According to a social media release by state-sanctioned exchange CriptoLAGO on Oct. 1, the joint offering with so-called “investment cryptobank”…
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Rejoice crypto owners with old smartphones you haven’t thrown out or sold yet – there is a new solution to turn them into hardware wallets for Ethereum and Ethereum Classic. For those to whom this is old news and you’ve installed Parity Signer app by now – rejoice you too – as the app’s 3.0…
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