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Russian Deputy PM: Crypto Downturn Justifies Caution in Enforcing Regulation



The Deputy Prime Minister of Russia, Maxim Akimov believes the current downturn in the market justifies caution in enforcing cryptocurrency regulation, Russian Finmarket reports. This statement comes after Mr. Akimov announced that the authors of Russia’s current daft cryptocurrency legislation to make amendments to the bill. The bills “On Digital Financial Assets”- which was adopted […]

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Japan’s Monex Group Launching Crypto Exchange in the US



Monex Group, a major Japanese financial services company and the parent company of cryptocurrency exchange Coincheck, has unveiled its plan to launch a crypto exchange in the U.S. next quarter. The company has also shared its expansion plans for Coincheck in Japan. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations U.S. Expansion […]

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Allianz Asks to Ban Crypto After Calling Bitcoin a ‘Buy’ Under $5K



Allianz CEO has called on global regulators to outlaw cryptocurrency, contradicting the company’s chief financial advisor, who said Bitcoin would be a good buy under $5,000 earlier this year.  ‘You Should Outlaw It’ The Chief Executive of Europe’s biggest asset manager Allianz Global Investors Andreas Utermann expressed his thoughts on the regulation of digital assets, […]

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The Future of Crypto



When the crypto bull market was still in session, the next big thing for Wall Street was set to be Ethereum futures. Now it seems they’re back on the menu.  Futures contracts were originally invented so that farmers and merchants could hedge costs before engaging in a specific venture. For example, imagine you want to […]

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Finland Hands Over Info for 2,700 Danish Traders to Denmark’s Tax Agency



Finnish tax authorities have handed over information on 2,700 bitcoin traders to its Danish counterpart, Skattestyrelsen (SKAT). According to a press release, the traders used an undisclosed Finnish exchange to collectively purchase and sell some $15.65 million worth of bitcoin (102.7 million kronor) between 2015 and 2017. A handful of these investors traded amounts between […]

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After $4M Funding Round, BlockFi Eyes Savings Account, Crypto Credit Cards



BlockFi https://bitcoinmagazine.com/articles/blockfi-gives-hodlers-another-option-borrow-against-crypto-assets/ , the New York-based startup that provides crypto collateralized loans, has raised additional funds to expand its services. The startup announced that it has received an additional $4 million in its recent funding round in a company blog post. The recently revealed funding round comes some months after the company raised $52.5 million […]

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The HTC Exodus 1 ‘Blockchain Phone’ is Here and It’s Underwhelming



This week saw the first reviews of the HTC Exodus 1 blockchain phone, as ‘Genesis Block’ pre-orders started to ship. However, threatening to steal HTC’s thunder came crypto-related trademark applications from Samsung, amid speculation features may arrive early next year. HTC Exodus Arrival So it’s finally here; 7 months on from its announcement in May, […]

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Cambridge Study: ID-Verified Crypto Users More Than Doubled in 2018



The University of Cambridge Center for Alternative Finance says the number of verified cryptocurrency users has increased in 2018 despite the year-long bear market that has seen prices tumble more than 80 percent. Retail Cryptocurrency Adoption is on the Rise According to a study by the Cambridge Center for Alternative Finance, the number of verified […]

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