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Altcoin


China’s central bank is reportedly recruiting crypto experts to create its own cryptocurrency despite its less than favorable stance to the market. Exploring the Market The People’s Bank of China (PBoC) appears interested in developing its own cryptocurrency. This is according to job posts by the Digital Currency Research Institute of the PBoC, reports the …

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The central bank of Zambia has advised the citizens that cryptocurrencies are not legal tender and that they should exercise caution trading them. Notice Issued by Zambian Central Bank Bank of Zambia (BoZ), the African nation’s central bank, in a press release has advised its citizens that cryptocurrencies are not recognized by it as legal …

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US-based investment giant Fidelity, reportedly handling $7.4 trillion in client assets, announced that it will be launching a cryptocurrency arm offering digital asset services targeted at institutional investors. Enter Fidelity Fidelity Investments is stepping into the cryptocurrency field, providing custody as well as trade execution services to “sophisticated” investors including market intermediaries, family offices, and …

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Hong Kong’s financial watchdog is looking to tighten investor protection by regulating cryptocurrency trading platforms. The Securities and Futures Commission (SFC), however, is limited by its legal regulatory reach of securities only, according to Carlson Tong Ka-shing, the outgoing chairman. Outgoing SFC Chairman Says Ban on Cryptocurrency Trading “Will Not Work in Today’s Internet World” In …

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Cory Johnson, Ripple’s chief market strategist, has proudly had the chance to introduce Ripple and XRP to Trump’s administration.    Ripple has been having to deal with a great deal of confusion regarding multiple things that are quite provable. Cory Johnson, chief marketing strategist for the San Francisco-based company, tried to clarify a few points during …

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The entire cryptocurrency market is trading in a sea of green today with Bitcoin (BTC) marking a daily high of more than 10 percent. With just a handful of altcoins decreasing in value, stablecoin Tether (USDT), drops down by more than 3 percent. Serious and Sudden Gains The cryptocurrency market rallied today as it gained …

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Amidst confusion and uncertainty prevailing in India, Unocoin launches the first cryptocurrency ATM in the country. India Gets Its First Crypto ATM Unocoin, the oldest cryptocurrency exchange of India, launched the country’s first cryptocurrency ATM earlier on Sunday. The ATM was launched in the southern city of Bengaluru, and the company plans to expand the …

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Barclays has suspended its work on a proposed cryptocurrency trading platform. The UK banking behemoth, for now, prefers not to incorporate digital assets into its legacy trading activities. Not Pursuing Cryptocurrency Trading for Now According to the Financial News, the investment banking giant is halting work on its cryptocurrency trading initiative. Inside sources reveal that …

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The Hong Kong Securities and Futures Commission (SFC) will be working with BitMEX to create clearer regulations for crypto exchanges in the country. While becoming increasingly common, cryptocurrency regulations can be tricky. How far can authorities actually push the process? Tokens that are deemed as securities can be regulated by certain authorities like the SEC but …

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In a recent interview, Jimmy Song, Bitcoin core developer and educator, called EOS a scam and recommended that young developers keep away from such projects. More Criticism for EOS Jimmy Song, a Bitcoin core developer who now spends time educating people around the world about blockchain technology, in a recent interview with an online crypto publication, …

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