Coingeek: TikTok bans digital currency ads as UK regulator puts them on ‘red alert’

Coingeek: South Korea FSC: Overseas exchanges must register with AML body

Friday, 16 July 2021 03:00

The head of the Financial Services Commission said that these exchanges must comply with the revised laws that requires exchanges to establish banking relationships and verify users’ identities. [...] Read More... The post South Korea FSC: Overseas exchanges must register with AML body appeared first on CoinGeek.

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Coingeek: Anhui Province shuts down block reward miners, cites power shortage

Friday, 16 July 2021 01:00

Anhui cited a directive by the State Grid Corporation of China, the national electricity distributor, which has urged authorities to shut down block reward miners. [...] Read More... The post Anhui Province shuts down block reward miners, cites power shortage appeared first on CoinGeek.

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Coingeek: London police seize $250M in largest digital currency haul in UK

Thursday, 15 July 2021 07:00

The money is alleged to be the proceeds of a money laundering ring, with a 39-year-old woman at the center of the high-stakes crime. [...] Read More... The post London police seize $250M in largest digital currency haul in UK appeared first on CoinGeek.

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Coingeek: 3,800 PS4 consoles seized from alleged Ukraine illegal mining farm

Thursday, 15 July 2021 03:00

Ukraine’s counterintelligence unit announced the raid and seizure in an alleged illegal block reward mining site recently, describing it as the “the largest underground crypto farm.” [...] Read More... The post 3,800 PS4 consoles seized from alleged Ukraine illegal mining farm appeared first on CoinGeek.

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Coingeek: Game Freak should build Pokémon on Bitcoin before someone else does

Tuesday, 13 July 2021 13:00

If the starters were implemented as digital assets on-chain, players could enforce this one starter design provably using the Bitcoin ledger as the source of truth. [...] Read More... The post Game Freak should build Pokémon on Bitcoin before someone else does appeared first on CoinGeek.

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Coingeek: Ghana to start CBDC pilot in September as it seeks to reduce cash reliance

Wednesday, 14 July 2021 01:00

The Ghanaian central bank is in advanced stages in its development of a central bank digital currency, with a pilot set to start in September. [...] Read More... The post Ghana to start CBDC pilot in September as it seeks to reduce cash reliance appeared first on…

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Coingeek: Texas court bans BTC platform PaxForex, imposes $374K penalty

Wednesday, 14 July 2021 03:00

The company is accused of engaging in illegal, off-exchange transactions in these digital currencies as well as foreign currencies and precious metals without registering with the regulators. [...] Read More... The post Texas court bans BTC platform PaxForex, imposes $374K penalty appeared first on CoinGeek.

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Coingeek: How blockchain can become a friend of Indian farmers

Wednesday, 14 July 2021 07:00

India is a technologically advanced nation that also struggles with poverty and a massive divide between the rich and the poor, Nidhi Arora writes. [...] Read More... The post How blockchain can become a friend of Indian farmers appeared first on CoinGeek.

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Coingeek: 80 central banks looking at digital currencies: Christine Lagarde

Wednesday, 14 July 2021 13:00

One of the world’s most powerful central bankers, the European Central Bank's Christine Lagarde, confirmed that she was aware of 80 central banks currently looking at digital currencies. [...] Read More... The post 80 central banks looking at digital currencies: Christine Lagarde appeared first on CoinGeek.

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