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July 21, 2021 )
The European Commission (EC) has presented another recommendation that would require crypto-resource organizations to gather extra Anti-Money Laundering (AML) data from the individuals who use cryptocurrency for cash transfers. The expressed motivation behind this proposition is to forestall the further engendering of tax evasion action inside the European Union (EU). Under this proposition, according to […]
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July 19, 2021 )
Ethereum co-founder Anthony Di Iorio has declared his aim to leave the cryptocurrency business, communicating worries over his own security. As per a Saturday report from Bloomberg, Di Iorio is hoping to sell his digital asset firm, Decentral, and disavow any remaining crypto projects he is engaged with, expressing that he no longer has a […]
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July 15, 2021 )
Revolut, the UK banking application that offers cryptocurrency investment opportunities, has received $800 million in another funding round. The new venture round is driven by Japanese financial firm SoftBank and US-based hedge fund Tiger Global, which aggregately hold around 5% in Revolut. The investments come as the company has reported massive losses over the past […]
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July 13, 2021 )
Binance clients in the UK are without a fiat cash withdrawal choice on Binance again. As per the Financial News media outlet yesterday, the cryptocurrency exchange sent messages to clients, informing them that they have lost another fiat partner. However, the company apparently has not given any feedback concerning the justification for the most recent […]
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July 9, 2021 )
Steve Wozniak, the co-founder of Apple, has reiterated his positive position on Bitcoin (BTC) in spite of not owning the cryptocurrency. The Woz, who once considered it the “only digital gold,” alluded to BTC as a “miracle of technology” and a “unique mathematical formula” while speaking at Talent Land Digital 2021, a virtual event in […]
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July 8, 2021 )
France and Singapore are effectively investigating the cross-line utilizations of central bank digital currencies (CBDCs). In a joint declaration on Thursday, the Bank of France and the Monetary Authority of Singapore (MAS) announced that they effectively finished an entire cross-border payment and repayment pilot test utilizing CBDCs and blockchain innovation. The CBDC test was directed […]
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July 6, 2021 )
Barclays has revealed it no longer backings wiring assets to Binance, one of the biggest cryptocurrency exchanges by daily volume. The bank declared its issues with wiring assets to Binance in a notice sent to its clients yesterday and moved against the exchange following an announcement by the Financial Conduct Authority (FCA) ordering Binance to […]
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admin (
July 2, 2021 )
Huobi Global, the world’s second-largest cryptocurrency trading platform in terms of exchanged volume, has presented a 24-hour token withdrawal delay for all over-the-counter (OTC) exchanges. The decision hits hard all Huobi clients, some of whom will, in addition, be kept from pulling out their tokens for up to a day and a half if the […]
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June 30, 2021 )
US-based cryptocurrency exchange Coinbase has announced plans to launch a crypto app store offering third-party developed products. According to a blog post written by CEO Brian Armstrong today, the company wants to introduce an app store, with Armstrong explaining that, even though the cryptocurrency economy is still in its early development, it has become clear […]
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June 28, 2021 )
The Financial Conduct Authority (FCA), the UK’s financial watchdog, has told cryptocurrency exchange Binance that it needs to take a break. It had previously questioned the company’s access to the UK market, and has now formally determined that it is not permitted to be operating in the country. Binance can no longer serve British clients […]