Coinbase CEO Brian Armstrong says the U.S. Securities and Exchange Commission (SEC) is threatening the crypto exchange with a lawsuit. The SEC tells Coinbase it will sue if the company launches a new lending product known as Lend, according to Armstrong. Armstrong says the SEC claims the product,…
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Crypto companies wishing to operate in the country will have to obtain a license issued by a new regulatory body The post Ukraine legalizes Bitcoin and cryptocurrencies appeared first on The Cryptonomist.
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Decentralized Finance, or DeFi for short, is on the verge of disrupting the traditional banking system. Millions are looking to DeFi as the future of finance. According to crypto analysis firm DeFi Pulse, the total $ value locked in DeFi contracts has risen to over $80 billion…
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Key takeaways El Salvador has implemented Bitcoin as legal tender. The country buys 400BTC, becoming first nation-state to do so. Critics mount pressure. Market remains highly optimistic of future outcome. September 7 has arrived, and with it the delivery of the promised Bitcoin Law implementation in El…
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NFTs seem to have escaped Beijing’s ire for anything decentralized, and Sino Global Capital thinks there is more growth coming for NFTs in China. The asset class has been adopted by a number of wealthy Chinese people, and AliBaba has also set up an NFT exchange. In…
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South Africa's financial regulator has warned that Binance is not authorized to provide financial advice and intermediary services. The post South African financial regulator issues warning about Binance over financial advice and ‘intermediary services’ appeared first on The Block.
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Alexander Lukashenko, the President of Belarus, wants the country's spare electrical power to go towards federal bitcoin mining. The post Belarus’ President Urges Government to Mine Cryptocurrency appeared first on BeInCrypto.
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The Block's Frank Chaparro chats with Brett Harrison, president of FTX.US. The post Brett Harrison of FTX.US on challenging Robinhood and Coinbase while reshaping market structure appeared first on The Block.
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The U.S. Securities and Exchange Commission is filing charges against the crypto lending platform BitConnect and two of its top executives. The SEC alleges BitConnect defrauded retail investors out of $2 billion by selling unregistered investments in a “lending program,” according to a press release. BitConnect claims…
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Users can then use their new BBVA crypto wallet to store, track, buy and sell bitcoin in the BBVA banking app.  The post BBVA Swiss includes a crypto wallet via its new digital investment account  appeared first on The Block.
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