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Italian Financial Regulator Issues Cease and Desist Order to Crypto-Related Project

The financial regulator of Italy has barred a cryptocurrency-related project from operations for the provision of allegedly unauthorized investment services, according to an official statement published Dec. 14. Founded in 1974, the Italian National Commission for Companies and the Stock Exchange — or Commissione Nazionale per le Società e la Borsa (CONSOB) — is the government authority of Italy responsible for regulating […]

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Thailand Regulator on Relaxing ICO Rules: We Want to ‘Find Greater Equilibrium’

Thailand’s securities regulator is planning a public hearing with the aim of loosening rules that form a “barrier” to initial coin offerings (ICOs), local English-language news outlet Bangkok Post reported Dec. 20. Thailand — which issued a royal decree to regulate its domestic cryptocurrency markets in May — had revealed its intention to license its first ICO portal in November and an ICO itself […]

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French Parliament Refuses to Ease Taxation for Cryptocurrency Owners

The lower house of the French parliament has rejected the amendments to the 2019 finance bill which would ease crypto-related taxation. French monthly business magazine Capital reported this Tuesday, Dec. 18. The amendments that have been declined by the National Assembly referred to a draft of the government finance bill for 2019. As explained by local crypto news outlet Bitcoin.fr, the Parliament rejected four […]

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Report: Central Bank Digital Currency Could Provide Stability, But Crypto Is Too Volatile

Economic researchers at the Kiel Institute for the World Economy have identified digital currencies issued by a central bank as an opportunity for a more stable financial system, while at the same time rejecting cryptocurrencies, Cointelegraph auf Deutsch reports today, June 27. The Kiel researchers distinguish digital or virtual currencies from cryptocurrencies such as Bitcoin in their report published on the 26th of June, which will […]

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Switzerland Creates Working Group to Help Blockchain Companies Open Bank Accounts

The Financial Director of Zug, Switzerland, Heinz Tännler called on the Swiss Bankers Association (SBA) to create a working group to help blockchain companies open bank accounts, local news outlet cash.ch reported June 26. Since blockchain and crypto companies face difficulties with opening bank accounts in the country, Tännler together with the Financial Director of Zurich Ernst Stocker brought the issue to the attention […]

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Walmart Awarded Patent for Blockchain-Based Medical Records System

U.S. retail giant Walmart has been awarded a patent for a system that would store medical records on a blockchain from a wearable device, according to a patent filing published by the U.S. Patent and Trademark Office. The system, according to the document, will allow medical professionals to retrieve medical data from a patient that is unable to communicate. The patient’s […]

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US: Federal Employees to Disclose Crypto Holdings Following New Guidance

The US Office of Government Ethics (OGE) has ordered federal employees to report their holdings of virtual currency, according to new guidance issued June 18. The guidance will affect around 2 million federal executive branch employees, including the Departments of Homeland Security, the Army, Justice, Veterans Affairs, and others. According to the notice, the OGE “does not consider virtual currency a […]

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Report: CIA Neither Confirms nor Denies Knowledge of True Identity of Satoshi Nakamoto

The U.S. Central Intelligence Agency (CIA) has “neither [confirmed] nor [denied] the existence” of information regarding the real identity of Bitcoin creator Satoshi Nakamoto, Motherboardreported June 14. Motherboard’s Daniel Oberhaus, who mainly covers topics on physics, space, cryptocurrency, and the future of energy, submitted a Freedom of Information Act (FOIA) request to the Federal Bureau of Investigation (FBI) and to the CIA, requesting information regarding the […]

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The reasons for the fall of Bitcoin and the analytics

Hello, dear members! Against the backdrop of a decrease in the Bitcoin rate below the psychological mark of $ 6,500 on June 13, the continuing fluctuation in the range of $ 6,100 to $ 6,490 per coin, and also in accordance with your requests and appeals to the Company’s support service, we are hurrying to […]

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Ripple CEO Claims Bitcoin Is Under Control of Small Group of Miners From China

Ripple’s CEO Brad Garlinghouse said that “Bitcoin is really controlled by China,” speaking at the 2018 Stifel Cross Sector Insight Conference in Boston, financial news outlet TheStreet.com reported June 12. In a recent interview with Stifel Tech Analyst Lee Simpson, Garlinghouse delved into a number of topics related to blockchain technology and the crypto world, and claimed that BTC is under […]