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Archive for November 2019

Wall Street Still Doesn’t Get What Bitcoin Might be Used For

Despite being one of the most discussed topics in the last few years, Wall Street still can’t figure out the utility of Bitcoin. Bitcoin Needs Greater Utility, Bakkt CEO Says Adam White, CEO of Bitcoin futures exchange operator Bakkt, said that “there needs to be greater utility” for Bitcoin. Nevertheless, it didn’t stop Bakkt, a…

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De Facto Crypto Ban Will Be Hard to Achieve, Official Says

Russia may prohibit crypto payments for goods and services, but achieving such a ban might be quite difficult. This is the conclusion of Anatoly Aksakov, Chairman of the State Duma Committee on Financial Market. Ban Enforcement Might Be Challenging Aksakov told local media that enforcement on the use of crypto for payments is difficult from…

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Ethereum Researcher Arrested by FBI but ETH Price Unfazed

Ethereum Foundation member Virgil Griffith was arrested on Thursday for traveling to North Korea to hold presentations regarding crypto and blockchain technologies and their use for evading sanctions. ETH price, however, has remained unaffected by the news.  Manhattan U.S. Attorney’s office released an announcement about arresting Virgil Griffith. Griffith is a US citizen and an…

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US Court Allows IRS to View Bitstamp Customer Information

US federal judge allowed the IRS to demand information about users’ assets from Bitstamp crypto exchange, although the agency was also ordered to reduce the number of requests. The IRS’s involvement with the cryptocurrency industry continues to increase. This, in turn, has irked quite some crypto users. One resident of Washington even sent a request to…

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Why is Russia Mirroring China’s Anti Crypto Stance?

Reports are emerging that Russia’s stance on crypto has turned negative. The news comes in the wake of a week of FUD stemming from another ‘bitcoin ban’ in China. It is no surprise that central banks do not favor decentralized currencies in a world where they’re racing to launch their own ones. Russian Central Bank…

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Bitmain Lawsuit Heats Up, Plaintiffs Fight Motion to Dismiss

United Corp, a Florida-based cryptocurrency company that sued Bitmain in December 2018, contested the mining giant’s motion to dismiss the case in a US court this week.  A cryptocurrency company United American Corp claims that China-based Bitmain should not be dismissed from the United States’ antitrust suit, as the mining gear maker requested. The issue…

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BITNEWS 28.11.2019 – NOTICIAS BITCOIN CRIPTOMOEDAS NO BRASIL E NO MUNDO

Cruz Vermelha do Quênia adota a blockchain para projeto de economia informal. Banco do Brasil é autorizado pela Justiça a fechar conta do Mercado Bitcoin. Justiça aceita pedido de recuperação judicial do Grupo Bitcoin Banco. HSBC vai utilizar a blockchain em US$20 bilhões em colocações privadas. União Europeia planeja sistema de pagamentos instantâneos para reduzir…

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