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According to a Supervisory Memorandum published, Stablecoins may be considered as money by Texas Department of Banking under Texas laws and license requirements. Charles Cooper, Texas Banking Commissioner, talked about how to treat virtual currencies under federal as well as local regulations. He particularly mentioned the introduction of Stablecoins to the market & details regarding […]
A South Korea based crypto exchange named as Bithumb has vectored a court case wherein a sponsor had taken legal action against the corporation on behalf of his loss of approximately $355,000 in a supposed hack. A public economic newspaper The Korea Economic Daily which stated on the result on the 24th of Dec. As […]
The last one year has been a nightmare for the crypto markets with the prices declining almost up to 95% from its all-time highs within the last one year. The last week saw some signs of recovery in the prices of the crypto assets. An overview of the price movement of TRX, BSV, and Dash […]
According to the popular technical news website The Next Web (TNW), an intrapreneur from financial services giant Barclays suggested that blockchains should be created with operational compliance in mind. While reproaching at a Hard Fork decentralized incident, Julian Wilson at Barclays suggested that developers need to reconfigure their approach at the time of building blockchains. […]
The dominating run of the bear market is almost on for the last one year, presenting an opportune moment to analyze how the currently circulated Bitcoins are distributed among the owners. The research firm Delphi which deals in digital assets conducted the analysis and found that 22.9 million Bitcoin addresses own some Bitcoin. However, the […]
G20 Countries have declared and jointly signed an agreement in Bueno Aires, whereby these countries promise to regulate cryptocurrency and combat its negative use for illegal activities like money laundering, financing terrorism in accordance with the regulations and standards of the Financial Action Task Force (FATF). According to Section 25 of the declaration forum, it […]
The complexities of 2018 crypto bear market markedly displayed significant marks of additional distress. As per the prominent cryptocurrency number and the founder Anthony Pompliano of Morgan Creek Digital, significant cost drawdowns in 2018 might be the reason for the cryptocurrency hedge funds shutting up the shop soon. AS per the report published in CCN […]
Shockingly, MapleChange declared before deleting its Twitter account, that they “[had] no more funds to pay anyone back.” On its Twitter page it elaborated, due to a bug,” an unknown group of individuals managed to withdraw funds. The firm states that it is conducting a “thorough investigation” and will be unable to make refunds.” Apparently, […]
In an encouraging move, Binance, a huge cryptocurrency exchange has decided to put an end on money laundering on its platform. The most negative aspect of cryptocurrency is the criminal activities accomplished with the help of it. It is due to the lack of privacy and safety measures. Although, due to Know Your Customer (KYC) […]
Just like smartphones, blockchain technology has taken over the world. Now, how about the combination of these two incredible inventions? Yes, The electronic giant HTC had announced earlier this year that they are aiming to launch a futuristic Blockchain-based phone. The wait is going to be over soon as we know the release date of […]
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