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APRIL 9, 2019

China could move to ban mining for bitcoins if a draft list of activities the country’s state planner wants to ban becomes law. As it stands, China is the biggest market for people to purchase computer hardware for cryptocurrency mining. The price of bitcoin was able to surpass $5,000 for the first time since November.

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FEBRUARY 23, 2020

Binance , Nigeria’s cryptocurrency market, has seen sign-ups surge 50 percent so far in 2020. The market is scrambling to provide users with a stablecoin. Reginald Fowler, “an alleged operator behind payment processor Crypto Capital , was charged with wire fraud” on Friday (Feb.

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MAY 10, 2020

That means assets that aren’t acquired by means of exchanging them for payment, and which are used on a “fully operative network” for a “consumptive purchase.” Global Stock Exchange works with blockchain solutions to boost exchanges and cooperation between the cryptocurrency market and traditional ones.

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DECEMBER 17, 2020

Bitcoin reached an all-time high, surging 12 percent to $23,421, more than triple its value since the start of 2020, CNBC reported on Thursday (Dec. 17), citing crypto market data provider Coin Metrics. . 17), Bitcoin’s gains leveled, trading over 9 percent higher at about $22,787. Square and PayPal are both bitcoin enthusiasts.

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JANUARY 20, 2019

Meanwhile, a study by data firm Chainalysis has found that bitcoin as a form of payment doubled in 2018 on darknet market sites. Bitcoin transaction volumes on darknet markets, where people can buy illegal goods, saw an increase over the entire year to reach an average of $2 million daily.

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JANUARY 27, 2019

Business for bitcoin ATM companies seems to be booming, with Coin ATM Radar estimating that there are now 4,213 cryptocurrency ATM machines around the globe, most only offering bitcoin. And Jorge Farias, CEO of the Panama-based startup Cryptobuyer, is planning to open Venezuela’s first bitcoin ATM in Caracas next month.

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AUGUST 7, 2020

German authorities are cracking down on several allegedly illicit cryptocurrency-related operations in the country. The watchdog told KKT UG CEO Adam Gramowski to cease crypto trading business in Germany back in February for reportedly operating without a trading or banking license. Movie2k.to

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MAY 20, 2020

.” The firms will cross-market each of their travel services as the initial step of the merger. In other news, France has become the first nation to test out a blockchain-operational digital euro with successful results, Banque de France announced on Wednesday (May 20).

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AUGUST 18, 2019

The New York State Department of Financial Services (DFS) announced that it has granted a charter under New York Banking Law to Bakkt Trust to operate as a limited liability trust company. Bakkt is now authorized to provide custody services for bitcoin along with the launch of physically delivered bitcoin futures contracts.

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PYMNTS

SEPTEMBER 15, 2017

Bitcoin has been riding a bit of a rollercoaster in the past few weeks since hitting an all-time high of more than $4,800 per digital coin on Aug. To continue the rollercoaster analogy, the cryptocurrency’s value has been on a steep climb all year, and it stands to reason that bitcoin’s skyrocketing value must eventually slow and reverse.

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JULY 11, 2019

House of Representatives Financial Services Committee on Thursday (July 11), and his comments caused a slide in bitcoin value, which fell 7.7 Bitcoin was last down 4.5 Other analysts say the big jumps in value for cryptocurrencies simply follow the pattern of how they react in the market, and double-digit daily moves are common.

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NOVEMBER 1, 2020

number of big crypto custodians like Anchorage, Coinbase, and a number of others, have been contacted by banks about whether they’d be willing to be like the third-party custody providers for national banks whose customers want to invest in bitcoin,” he said, according to CoinDesk. “Well, what I have heard.a

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MARCH 22, 2019

Agustin Carstens, the general manager at the Bank for International Settlements , said that banks shouldn’t issue their own bitcoin-like tokens because it could undermine global financial stability, as well as monetary policy, according to a report by Bloomberg. Central banks do not put a brake on innovations just for the sake of it.

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MARCH 4, 2019

Bitcoin has had its ups and downs over the last few weeks. According to MarketWatch , a single bitcoin on Monday was selling for $3,714.60, down 1.9 Crypto Analyst Willy Woo explained that, since it is currently a bear market, bitcoin’s value could decline even further. on the Kraken exchange.

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AUGUST 30, 2019

Speed to market is critical in an industry that is crying out for modernization while at the same time facing a daunting global regulatory environment.”. Nevada currently has 110 bitcoin ATMs. has more machines than any other country, accounting for almost 3,500 of the global total of 5,500.

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FEBRUARY 25, 2020

Bitcoin is treated as a property, with all the normal rules of taxation applying, which means crypto is liable to be taxed 15 percent under the GST. 24) that virtual currency operator Quoine must pay damages for wrongfully reversing seven trades on the platform, The Straits Times reported.

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MARCH 3, 2020

Algorand was selected after extensive market research among the leading protocol options,” SFB Technologies Co-Founder and CTO Jim Wagner said in the announcement. There are said to be 42 makers responsible for the machines, and the world was introduced to the concept of a bitcoin ATM in 2013. in the fall of 2019.

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JANUARY 26, 2021

In other news, European FinTech SIA is partnering with WizKey to create a platform to allow credit negotiations on blockchain for banks, financial operators and funds, according to a press release.

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OCTOBER 8, 2019

Together, Bitfinex and Tether manipulated a market that, by design, is supposed to be decentralized,” states the lawsuit. In other news, $10 billion worth of bitcoin — or almost 7 percent — is currently held in the wallets of eight major cryptocurrency exchanges. Coin Telegraph reported that Token Analyst found that almost 1.2

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MARCH 2, 2020

Treasury has brought on an additional 20 new bitcoin addresses affiliated with two people to its sanctioned individuals roster, Coindesk reported. The company reportedly applied for an operating license in the country in the past. JVCEA said Tokyo Hash and Digital Asset Markets Inc.

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AUGUST 4, 2020

The operator then purportedly moved to a laundering and reimbursement scam that led to the U.S. Secret Service confiscating 1,721,868 tether and 482 bitcoin. bitcoin, according to a Telegram user cited in the report. One investor reportedly put in 82 bitcoin, while nine additional parties reportedly invested at least 10 bitcoin.

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NOVEMBER 26, 2019

“As a licensed exchange, BitBay has to follow the market standards. Compliance with market standards and regulations allows us to provide our clients with legal security and convenience of using the exchange, with the participation of a friendly banking system and the availability of payment operators,” BitBay said.

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PYMNTS

OCTOBER 13, 2020

An operating system that has been active for a minimum of three years, Tron , recently issued a DeFi token. The rebranding initiatives in a number of instances are bringing about a rise in crypto prices last observed in at the height of 2017’s bitcoin bubble.

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MARCH 30, 2018

Bitcoin fell below $7,000 on Thursday (March 29) – and analysts expect sales of bitcoin and other cryptos to increase as the April U.S. The price of bitcoin was $6,826.68 Youbit’s operating company, Yapian Corp., tax deadline approaches, CNBC reported. as of 11:13 p.m., according to CoinDesk.

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Bank Innovation

SEPTEMBER 14, 2016

Kevin Simback and Josie Lee seeded the list of US companies using technology in the broad Digital Mortgage Market – MortgageTech. 1 – Mortgage Enterprise Solutions – this includes offering lending operating system (LOS) providers, marketing/lead gen/application/underwriting/fulfillment/closing platforms, servicing Read More.

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JANUARY 12, 2018

The Feds are seeking to put nearly 4,000 bitcoins on the auction block — currently worth approximately $50 million — seized in criminal, civil and administrative cases, BGR reported. Marshals Service said it will hold an auction in February to dispose of 3,813 bitcoins, which are valued at a sizable $52 million at today’s price.

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AUGUST 6, 2020

McDermott, previously a managing director for Goldman who was in charge of running the company’s internal funding operations, is a veteran of old-school financing markets, according to the network. That comes despite Goldman Sachs’ own track record, in which the bank asserted that bitcoin wasn’t an asset class.

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APRIL 10, 2019

Bitcoin is up as much as 25 percent since the news came during the past week that China might look to ban bitcoin mining. The move may seem like a bit of a head-scratcher: China is ground zero for bitcoin production, as estimated in a paper penned in part by PhD students from Princeton and Florida International.

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OCTOBER 2, 2019

Believe it or not, bitcoin is no longer the most used cryptocurrency, with data from CoinMarketCap.com revealing that the token with the highest daily and monthly trading volume is Tether. Some of the concerning potential patters of trading in the market may start to fall away.”. A number of U.S.

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PYMNTS

APRIL 14, 2019

Bitcoin exchange Bakkt has hired PayPal and Google alum Mike Blandina as its chief product officer. He joins former Worldpay exec Balaji Devarasetty, as well as former Coinbase executive Adam White, who was recently hired as the exchange’s chief operating officer. However, customers will not be paying for their coffees in bitcoin.

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AUGUST 18, 2020

Early this year, Binance said it bolstered resources to take a more in-depth look at the possible ways in which so-called Bulletproof Exchangers were laundering money via the digital currency market. The firm indicated that Bulletproof Exchangers are renowned for lax anti-money laundering (AML) and know-your-customer (KYC) procedures.

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MARCH 15, 2019

With bitcoin, the promise has been … well, mostly promise. And so the future — or futures — now is a bit hazier for bitcoin, at least across one exchange. And so the future — or futures — now is a bit hazier for bitcoin, at least across one exchange. Now, bitcoin trades at about $3,880. And maybe a bit of peril.

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PYMNTS

JANUARY 26, 2019

Misfits Market , Imperfect Produce and Hungry Harvest all offer variations on the “ugly food in a box” motif, offering up elegant solutions to food waste. Restaurants, processed food makers and canners are all markets into which these excess and unsightly foods can flow into, and often do. Bitcoin Profitability Problem for Miners.

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PYMNTS

OCTOBER 14, 2018

Bitcoin was hit with an $18 billion market loss in just three days. Other cryptocurrencies had an even worse week: Ether, the second-largest cryptocurrency by market capitalization, dropped 12 percent, while the third largest, XRP, is down 18 percent in seven days. and Canadian securities regulators.

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NOVEMBER 28, 2018

The UK’s Financial Conduct Authority ( FCA ) revealed that it has launched investigations into 50 cryptocurrency companies over unlicensed operations. In fact, hundreds of crypto “experts” have emerged over the past 18 months, ready to get paid for spreading the word on any of the more than 2,000 cryptocurrencies currently on the market.

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MAY 5, 2020

TokenAnalyst is shuttering its operations, according to a Medium post. David Olsson will serve as global managing director of European and Asian markets, while Wittney Rachlin will serve as chief growth officer. The TokenAnalyst team said it will no longer support the company’s application programming interfaces (APIs) and platform.

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AUGUST 5, 2020

Coinstar now owns and operates more than 22,000 kiosks across nine countries and recycles roughly $3 billion in coins annually worldwide ($2.7 Consumers, he said can buy bitcoin today through its back-end partners that manage digital wallets for the consumer. What we have seen increased significantly is the bitcoin purchases.

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