Chris Skinner

MAY 26, 2017

I’m being asked this a lot as the value of bitcoin and other cryptocurrencies have increased ten-fold in the past few weeks. There’s also underperforming Chinese markets and increased demand for the cryptocurrency in a number of Asian countries, particularly Japan where bitcoin is semi-legitimised. It’s funny.

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MARCH 9, 2020

And, even though the committee is aiming to receive permission to seize digital currency, the outlet reported that multiple nations around the globe have been auctioning seized digital currencies. The report also noted that Erik Finman, a bitcoin investor, was one of the industry players involved in the legislation’s drafting.

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OCTOBER 9, 2020

Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. Among the issues plaguing bitcoin and its peers is the fact that unlike credit card transactions, cryptocurrency payments are almost immediately irreversible. For instance, a new U.S. In unveiling the report , U.S.

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JANUARY 15, 2019

Malaysia’s initial coin offering (ICO) regulations are said to take effect on Tuesday (January 15) per a notice from the Securities Commission (SC) in the country, Coindesk reported. At the same time, it was said that those who engage in digital asset dealing will have to follow rules for anti-money laundering (AML), among other regulations.

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APRIL 1, 2020

In the middle of February, bitcoin reached $10,500 and dropped to as low as $3,867 in mid-March. The value of bitcoins delivered to darknet markets declined to $3.2 The price of bitcoin was $6,538.14 Bitcoin ATM company Blockstale brought the machine to Lagos, Nigeria’s largest city. million from $4.1

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JANUARY 25, 2021

Lastly, while cryptocurrencies might never replace fiat currencies as a medium of exchange, they could replace gold as a store of value, according to research from the Bank of Singapore , The National reported. Governments are very wary of any technology that could potentially displace national currencies,” Mohi-uddin said, per the report.

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JANUARY 19, 2018

Fizzle of the Week: Cryptocurrency Regulation. The saga over bitcoin and its relationship to various regulators has become something of the payments answer to a romantic comedy. So, time to panic in bitcoin land? All in, bitcoin and its crypto cousins lost (then regained, then lost again) a lot of value this week.

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MARCH 5, 2020

The South Korean National Assembly passed new legislation that would lay the groundwork for the legalization and regulation of digital currency as well as digital currency exchanges. The watchdog claimed it has information that the exchange was dealing in regulated activities that needed its permission.

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APRIL 26, 2016

Bitstamp has stamped its name in the record books in the EU for being the first company of its kind to secure a national license to operate as a bitcoin exchange. The company was awarded a license by the Luxembourg government, which recognizes it as a fully regulated, licensed exchange. That included security reviews and audits.

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JULY 22, 2020

The governmental body said that thrifts, along with state and national banks, have a lengthy history of offering custody and safekeeping for digital assets as well as tangible property. The governmental ministry is said to put the code before the National Assembly for the go-ahead prior to Sept. 1 of next year.

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NOVEMBER 26, 2019

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. Department of Justice on illegal financial issues affecting national security.

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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 When Facebook announced Libra on June 18, bitcoin jumped 55 percent in value in nine days, reaching almost $14,000 in value. percent, to $11,164.

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FEBRUARY 19, 2019

Bitcoin jumped to a one-month high as it hit $3,727 this weekend — it’s highest level since Jan. To break above the upper edge of the triangle, bitcoin must make it past $3,760, which is expected to happen sometime this week. Its 24-hour trading volume also rose to above $8 billion for the first time since Dec.

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APRIL 7, 2017

A beacon of hope has emerged for bitcoin just in time for spring — and it’s brought up prices with it. In a major move toward bitcoin legitimacy, Japan recognized bitcoin as a legal payment method on April 1. At the time of writing, one bitcoin was worth $1,176.70, up $42.82 And no, it wasn’t an April Fool’s joke.).

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SEPTEMBER 24, 2020

24), could put digital currency exchanges under one national structure, CoinDesk reported. Every entity in the nation would need to disclose yearly digital currency income if it is above $1,300. The new potential regulations point to future "On Digital Currency" legislation and the new digital currency regulation "On Digital Assets."

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JULY 16, 2019

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In a press conference on Monday (July 15), Mnuchin warned that Libra “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.”.

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BankInovation

DECEMBER 21, 2021

Credit unions are looking for approval to hold digital assets like Bitcoin directly, after a federal regulator clarified they can provide cryptocurrency services to customers by partnering with third parties.

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FEBRUARY 24, 2017

Is there an alternative, profound French phrase or two that can describe what investors have seen this week with bitcoin? Bitcoin is quickly headed toward fresh three-year highs after jumping up over $100 in value since last week’s tracker. 23) morning, bitcoin had broken $1,150 in value, reaching a high of $1,153.04.

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JANUARY 3, 2017

Given the past few days, it seems like 2017 could be a banner year for bitcoin. Bitcoin broke past $1,000 in value on its first day of trading in 2017. At the time of writing, the price of bitcoin sat at $1,027.05. These figures are the highest bitcoin has been since its $1,216.70 Gox collapsed.

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MARCH 19, 2018

More bad news for bitcoin: The cryptocurrecy fell below $8,000 this past weekend, dropping about 25 percent so far this month. According to The Street , bitcoin has now fallen about 60 percent from the all-time high of more than $19,000 the crypto hit in December. By 2022, Lee believed bitcoin prices could get to $125,000. “It

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MAY 28, 2020

Bitcoin transaction fees are simmering back down to ordinary levels after a heavy wave of them in early May, reports suggest. Though not much information is currently available, the new rules could impose restrictions on profitable sales of cryptocurrency and revenues gleaned from national crypto-mining projects, according to Cointelegraph.

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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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MARCH 17, 2017

It has been another wild ride of a week for bitcoin in the wake of the SEC ruling. At the tail end of last week, the Securities and Exchange Commission ruled the proposed Winklevoss bitcoin ETF a no-go by nixing a proposed rule change that would have led to the fund being listed on the Bats BZX Exchange. The reason? billion.

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MARCH 29, 2017

In another blow to bitcoin legitimacy, the U.S. Securities and Exchange Commission (SEC) has denied the second bitcoin-based ETF bid up for consideration this month — the Intercontinental Exchange, Inc.’s s NYSE Arca exchange’s request to list and trade the SolidX Bitcoin Trust.

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JULY 6, 2020

The feature was shelved at that time, as Expedia’s systems weren’t set up to accept bitcoin payments. Meanwhile, regulated crypto asset program Currency.com is now the holder of a Gibraltar distributed ledger technology (DLT) license, according to a press release. million South African rand ($4.4

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OCTOBER 25, 2019

financial regulators represent the interests and needs of the nation and its financial services stakeholders,” according to a statement. “By promoting knowledge-sharing on innovation in financial services, U.S. Participation in international organizations such as this helps U.S.

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AUGUST 28, 2019

And the United Kingdom’s National Liberal Party (NLP) has posted what it believes is the only coherent policy regarding cryptocurrencies. The sheer volume of transactions makes this a national security threat,” the party wrote in a post on its website. The current policy is a non-policy.

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MAY 31, 2016

In a buying spree that began on Friday (May 27) and carried on through the four days since, Chinese investors managed to push the price of bitcoin up by 16 percent. As of the time this story was written, the price of an individual bitcoin was pushing $550. All in, bitcoin has added $1.2

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MARCH 10, 2017

“What goes up must come down” is, unfortunately, the most appropriate proverb to open this week’s bitcoin tracker. It all started when the price of bitcoin dropped by some $70 on Tuesday (March 7) for no readily apparent reason. Bitcoin would appear to recover, then sink further.

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MARCH 19, 2018

In an interview with The Financial Times , Sarker said Mastercard would be willing to facilitate if the coin in question was a national cryptocurrency that was legitimate and was used as a national digital currency issued by central banks. “If He warned the credit card company has no exposure to the wild swings of bitcoin’s price. “We

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JULY 7, 2020

Regulators are taking in an interest in stablecoins, with the Financial Action Task Force (FATF) noting in a report the digital currencies need to adhere to norms to offer protection from the terrorism financing and money laundering, Bloomberg reported. Swipe, for its part, is available in 31 nations in the European Economic Area.

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JANUARY 17, 2018

Bitcoin saw its price drop by as much as 25 percent. Bitcoin losses, however, were probably felt a bit more acutely — by close of business in New York, bitcoin was trading for $10,370, a 48 percent fall-off from the peak price of $19,783 that it hit in mid-December 2017. The fall was brought on by a variety of factors.

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MARCH 22, 2019

Defunct bitcoin exchange Mt. The exchange’s rehabilitation trustee, Nobuaki Kobayashi, announced that he “approved or disapproved rehabilitation claims regarding MTGOX Bitcoin exchange users’ rights to make claims against MTGOX for return of cryptocurrency and/or cash.”. Gox is getting closer to settling creditors’ accounts.

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APRIL 14, 2017

The past week saw bitcoin (BTC) rise to near-record highs above $1,230, only to fall sharply during Thursday afternoon trading. At the time of writing, one bitcoin was equivalent to $1,174.45, down 3.46 Bitcoin’s come a long way since its infancy in 2008. bitcoin (~$14,681). per payout. Food for thought.).

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OCTOBER 11, 2018

The People’s Bank of China has announced new anti-money laundering (AML) and counter-terrorism financing regulations for online financial institutions (FIs). The report comes after a group of Icelandic thieves recently stole 600 computers used to “mine” bitcoin in what local law enforcement called the biggest theft in the nation’s history.

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MARCH 8, 2018

As regulators crack down on cryptocurrency exchanges, bitcoin slid again on Thursday (March 8) by 7 percent over a 24-hour period. The FSA said a Bit Station manager had used bitcoin from customers for his or her own purposes, according to a translation and wire reports. The popular virtual currency was trading at $9,809.63

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DECEMBER 4, 2019

But not bitcoin. But not bitcoin. The price of bitcoin, that marquee name in cryptocurrencies, has plummeted in the last several weeks, down roughly 20 percent at this writing to a recent $7,400, where the price had been more than $9,400 a month ago. The impact will disproportionately be borne by those who trade in bitcoin.

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