The Financial Conduct Authority (FCA), the UK's financial watchdog, released the finalized version of its crypto asset guidelines, detailing which assets do and do not fall under its regulatory reach. "Exchange tokens" like Ether or bitcoin, as well as utility tokens, fall outside the FCA's authority, whereas…
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Chinese importers in Russia have overwhelmingly begun sticking with Tether's USDT to send large sums of money back to their home country, with one Moscow-based over-the-counter trader saying they see anywhere from $10 million to $30 million worth of USDT purchased daily.
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During today's congressional hearing with the Senate Committee on Banking, Housing, and Urban Affairs, committee members met with a panel of experts, including Circle CEO Jeremy Allaire, and expressed some doubts about blockchain and cryptocurrency. One congressman compared the lauded tech advancements to banking moves that brought…
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Coinbase has confirmed that it will list Tezos (XTZ) on Coinbase Pro on Monday, August 5, 2019. Initially, XTZ will have 2 trading pairs, USD and BTC. Support for XTZ will be immediately available in Coinbase’s supported jurisdictions, with the exception of New York State. Listing in…
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Faced with criticism, Facebook is retracting. Harsher regulations may be forged to counter Libra's use. Because of this, they may not launch in 2020.
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In a quarterly report sent to the US Securities and Exchange Commission, Facebook stated that technical barriers and the unclear crypto regulatory landscape in the US could mean that the Libra cryptocurrency might never see the light of day.
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Blockchain smartphone manufacturer Pundi X has partnered with Samsung to add its wallet, XWallet, to the Galaxy S10's blockchain app options. Both companies suggest using the built-in S10 wallet for long-term storage and the XWallet for use in payments.
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The UnionBank-issued stablecoin, PHX, is pegged to the Philippine peso and will help to facilitate transparent and automatic execution of payments to some of the country's more rural banks.
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Over the weekend, over $50 million worth of Bitcoin (BTC) were liquidated at BitMex. Analysts say prices are wildly fluctuating because of the high leverage availed by the P2P trading platform.
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Payments app Square App is looking to develop a symbol for the Satoshi, the smallest unit of bitcoin, and has tasked its Twitter followers with coming up with the design.
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