Central banks in the Eurozone are increasingly turning their attention to the matter of digital fiats as they hurry to meet the needs of citizens who are more and more reluctant to use conventional cross-border payment solutions. But could their Central Bank-issued Digital Currency (CBDC) drives open an unexpected gateway for mainstream Bitcoin (BTC) and…
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Swiss fintech firm Amun AG has received a regulatory green light to go ahead with its plans to expand the offering of crypto-based financial products within the European Union. The firm announced today that the Swedish Financial Supervisory Authority (SFSA) has approved the Base Prospectus which the company previously filed, thus allowing them to proceed…
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Source: Instagram, etoro_official Trading and investing platform eToro confirmed to Cryptonews.com that they are working on a debit card, but declined to comment further for now. What remains unclear, however, is whether this new product will support crypto. Business Insider reported today that they’ve seen a leaked memo, images and emails sent to the company’s…
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Adding to the legal uncertainty surrounding cryptocurrency in Russia, the country’s Ministry of Internal Affairs has confirmed earlier reports that it is cooperating with the Russian Supreme Court and a number of other federal institutions to prepare draft legislation that would allow the authorities to confiscate cryptocurrency, with plans to submit a proposal by the…
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A number of South Korean cryptocurrency exchanges are set to post “huge” losses this year, per a new report. According to media outlet Newsway, industry insiders believe that most exchanges are “expected to suffer massive losses in FY2019.” The industry fears that nobody is safe, with trading volumes down across the board. Losses are expected…
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Kelly Loeffler, CEO of Bakkt. Source: a video screenshot, Youtube, Bill Rich 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. Career news Georgia Governor Brian Kemp on Wednesday appointed Kelly Loeffler, CEO of Bakkt, the much-anticipated digital asset trading…
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As the Australian Federal Police are developing their tech capacities, a recent drug bust of a property in Western Australia allowed officers from the Technology Crime Service to seize not only illegal substances, but also more than AUD 1.52 million (USD 1.04 million) worth of unspecified cryptocurrency on an electronic device. “Using the latest technologies…
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Cryptocurrency usage rates continue to soar in Brazil, despite the recent introduction of tax laws that require traders and investors to declare their Bitcoin and altcoin transactions. Per media outlet G1, Brazilian tax authority the Receita Federal (the Department of Federal Revenue) has released data about crypto tax declarations for the period August to September…
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Source: Instagram, Binance Major crypto exchange Binance has continued its seemingly relentless acquisitions drive with the purchase of analytics service DappReview, an information resource for blockchain-powered decentralized applications (dapps). In a Binance blog post, the company said that it intends to “support DappReview to further develop the dapps ecosystem and foster greater blockchain Read more…
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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. Mining news The International Monetary Fund (IMF) has called on Georgia to report on its crypto mining industry. The country is home to several large cryptocurrency mining centers, with big Read…
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