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Archiv für Mai 2019

Stablecoins Beat Bitcoin, Says ECB Presidential Hopeful

Francois Villeroy de Galhau of the European Central Bank (ECB) says stablecoins hold more promise than Bitcoin. The ECB policymaker says fiat-pegged crypto will have a place in the legacy financial system. We Prefer Fiat-Pegged Crypto According to Bloomberg, Villeroy believes that cryptocurrencies pegged to fiat will be the ones to experience greater utility within…

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FinCEN Unveils New Bitcoin Guidelines: Here’s What You Need to Know

On Thursday (May 9, 2019), the U.S. Financial Crimes Enforcement Network (FinCEN) published new guidelines showing how anti-money laundering (AML) laws apply to Bitcoin and the rest of the cryptocurrency in general. Mandatory KYC for P2P Bitcoin Trading Platforms In a tweet published on Friday (May 10, 2019) notable cryptocurrency legal expert Jake Chervinsky provided…

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Ban Bitcoin! Urges Congressman After Realizing It Can ‚Disempower‘ the US

It’s not often that politicians tell the truth, the whole truth and nothing but the truth. But US Congressman, Brad Sherman, yesterday introduced a bill to ban bitcoin basically because it erodes the US government’s power internationally. That Call To Outlaw Cryptocurrency In Full Such uncharacteristic honesty set the internet ablaze, with some citing Sherman’s…

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Could Bitcoin’s Biggest Mystery Soon Be Revealed?

Bitcoin has its fair share of mysteries; exactly how it works being one that most users will never understand. But by far the longest standing and most intriguing is the identity of Bitcoin’s creator, Satoshi Nakamoto. Well the GotSatoshi website and Twitter feed is promising a live reveal at 15:50 GMT on May 14th. So…

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Fidelity Set to Roll Out Bitcoin Trading ‚Over the Coming Weeks‘

In addition to launching a custody service, Fidelity Investments appears set to debut Bitcoin (BTC) trading for institutional clients. The news comes amid reports of Ameritrade and E-Trade quietly testing BTC trading on their respective platforms. $2.4 Trillion Dollar Fidelity Targets Bitcoin Trading According to Bloomberg, inside sources say Fidelity Investments plans to launch a…

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Warren Buffett Calls Bitcoin a ‚Gambling Device‘

Warren Buffett has come out with another restatement of his negative position on Bitcoin espousing sentiments with the usual labored anti-BTC buzzwords. Warren Buffet Says Bitcoin ‘Doesn’t Do Anything’ Every so often, the Oracle of Omaha drops some tedious diatribe directed at Bitcoin. This time around, he described the top-ranked cryptocurrency as being nothing but…

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Singapore Students Receive ‚Tamper-Free‘ Digital Certificates On Blockchain

Students at the high-school level and above in Singapore will from this year receive digital certificates upon graduation. The initiative uses blockchain technology to enable an “easy and reliable way” to prove qualifications through tamper-free certification. Authenticating An Education The concept is simple enough. Graduating students receive digital certificates via email, each of which has…

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Mob Rule? The Call To Delist Tether Grows

In case you’ve been away, there’s been a bit of a hoo-hah regarding Tether over the past week or so. This has now descended into open calls for Binance and other exchanges to delist ‘the original stablecoin’. A Strong And Stable Governance The story so far: Payment processor, Crypto Capital Corp, “seizes and safeguards” $850 million…

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Whale Moves $212,000 Million for 57 Cents Using Bitcoin

A bitcoin whale has moved 40,000 BTC (USD $212,000 million) from one Bitcoin address to another on May 1st for a negligible network fee. A Bitcoin whale has moved over 40,000 BTC or over ($212m) moved from one address (bc1q9sh6544xls87x7skjzyfhkty4wq7z76vn7qzq9) to another (bc1q5shngj24323nsrmxv99st02na6srekfctt30ch). There are some theories floating around on Twitter as to who the…

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