AZ Coin News: Rostin Behnam, the acting chair of the CFTC, will reportedly be nominated in the near future to oversee crypto market

CryptoVibes: South Korean Crypto Regulation May Expand To Foreign Firms

Friday, 13 August 2021 16:04

All international and overseas activity outside South Korea that has domestic effects or impacts will be subjected to the amended cryptocurrency regulation. Due to anonymity or pseudonymity, digital assets are believed to be harboring the risks of money laundering and financial terrorism. The Financial Action Task Force…

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The Block: Binance to trace crypto hacked from user account following UK court order

Friday, 13 August 2021 16:42

Following the court order, Binance will take steps to track crypto hacked from a user's account in June. The post Binance to trace crypto hacked from user account following UK court order appeared first on The Block.

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The Block: Fintech firm Chime raises $750 million, scores $25 billion valuation

Friday, 13 August 2021 19:40

Chime Financial, a banking app company, has raised $750 million in a new funding round led by Sequoia Capital Global Equities. The post Fintech firm Chime raises $750 million, scores $25 billion valuation appeared first on The Block.

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Blockworks: ‘Largest Drawdown For Digital Assets Now in the Rearview Mirror’: Markets Wrap

Friday, 13 August 2021 20:10

Cardano’s ADA token shot up 19% in the morning with a smart contract upgrade on the horizon. The post ‘Largest Drawdown For Digital Assets Now in the Rearview Mirror’: Markets Wrap appeared first on Blockworks.

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The Block: CoinFund hires former Citigroup exec as new president and managing partner

Friday, 13 August 2021 21:15

The digital asset investment firm CoinFund has hired Christopher Perkins, formerly an exec at Citigroup, to serve as its new president and managing partner. The post CoinFund hires former Citigroup exec as new president and managing partner appeared first on The Block.

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Decrypt Media: IRS Won't Go After Bitcoin Miners Regardless of ‘Broker’ Definition: Reports

Friday, 13 August 2021 21:36

The Biden administration reportedly isn’t interested in applying the Senate infrastructure bill's definition of "broker" to miners, validators, and developers.

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Decrypt Media: Tech Giant Intel Is Holding Nearly $800K in Coinbase Stock

Friday, 13 August 2021 22:40

Intel makes a small bet on the future of the cryptocurrency market with an investment in leading exchange Coinbase.

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AZ Coin News: Bitcoin price ending the week surging past $47.800 for the first time since May 16th

Saturday, 14 August 2021 02:37

Bitcoin price has regained ground lost from the mild sell-off that sent the cryptocurrency to lows around $43,800. Over the past 24 hours, BTC has dropped 7% to a high of $47,800 since May 16th. At press time, BTC is holding steady at $47,576. BTC/USD 4-hour chart…

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CryptoTicker: Circle USDC Begins Paperwork To Become Digital Currency Bank

Saturday, 14 August 2021 04:04

Circle announced that it has started the paperwork to become approved as a federally chartered digital currency bank. This news comes after seeking a merger with Concord Acquisition Corp on Aug 09. According to the official blog, the USDC stable coin issuer has its eyes set on…

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