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The new president of the European Central Bank (ECB), Christine Lagarde, has expressed concern that Facebook may use its digital platform to promote Libra and lock-out rival stablecoin operators.In a letter responding to EU lawmakers yesterday, Lagarde said stablecoins addressed many of the problems associated with the existing cross-border payments
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Hong Kong-headquartered cryptocurrency exchange Bitfinex now enables its users to purchase cryptocurrencies with both credit and debit cards.The exchange made the announcement on Dec. 20, saying:“Buy cryptocurrencies with your debit or credit cards on Bitfinex. Whether it's Bitcoin, USDt, Ethereum, or any other ERC20 tokens, pick your favorite and
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Bitcoin (BTC) is trading around $7,200 on Friday, the level that was found following a large swing to the upside on Wednesday. As we move into the weekend, the majority of cryptocurrencies are also trading higher. Nevertheless, Ether (ETH) is still struggling to regain $130 while XRP has been unable
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On December 17, when the bitcoin price fell to as low as $6,500 across major crypto exchanges, the outflow of BTC from exchanges spiked to $606 million.According to data from TokenAnalyst, the outflow of bitcoin nearly tripled on Tuesday from the day prior. Coincidentally, the bitcoin price surged to $7,490
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A year ago, I predicted 2019 would be the year of regulation in the crypto sector, building upon the increased scrutiny we saw in 2018 after the 2017 ICO boom and bust. 2019 didn’t disappoint: From Switzerland to Korea to France to Lithuania came proposals to regulate crypto assets. Towards the
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Alleged BTC-e exchange operator and money launderer Alexander Vinnik is finally being extradited to France.The news was made public by the Russian embassy in Greece, the country in which he has been held since his arrest in July 2017 over allegations that he had laundered at least $4 billion through
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France's Financial Markets Authority (AMF) announced Thursday that it had approved an initial coin offering (ICO) for the first time.The successful recipient of the AMF "ICO visa" – a cryptocurrency fundraising platform called French-ICO – met the minimum guarantees required by law, including a white paper investors could understand, according
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The ICO has announced it will be working with UK Accreditation Service (UKAS) to deliver the ICO-approved certification schemes. The ICO will approve
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This post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Charlie Shrem is the former founder of BitInstant, co-founder of cryptocurrency intelligence service CryptoIQ and host of Untold Stories.A central character in the early rise
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In the countdown to the new year, private equity and hedge fund manager Fortress Investment Group is redoubling its efforts to buy up Bitcoin (BTC) claims from Mt. Gox creditors.A Bloomberg report on Dec. 19 alleged that Fortress’s offer is now roughly 13.5% lower than an initial bid it
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