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China: Cryptocurrency traders find ways to get around state regulators

Industry observers are certain that Chinese investors will always find ways to circumvent increasingly tightening controls over cryptocurrency trading by mainland authorities, making it practically impossible to ever impose a complete shutdown on trading.The Shanghai Securities Times, a newspaper affiliated with the country’s financial and markets regulators, on August 23 reported that

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Despite Ban, China Keeps Trading Cryptocurrency Thanks to Tether and VPNs, Says Report

Chinese traders are using virtual private networks (VPNs) as a major tool to circumvent the ongoing government crackdown on cryptocurrency trading, local media outlet South China Morning Post (SCMP) reported September 8.According to SCMP, referencing reports from Beijing-affiliated Shanghai Securities Times, traders have begun leveraging stablecoin Tether (USDT) as a

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Weak User Counts Signal ‘Panic Sell’ For Most Cryptocurrency Tokens: Researcher

Last week, cryptocurrency researcher Kevin Rooke questioned the ability of Ethereum and EOS to support decentralized applications (dApps), given the dearth of users on those blockchains. Now he’s wondering if most cryptocurrencies are getting enough use. He recently observed in a tweet that only 27 cyrptocurrency tokens had 400 or more

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Bitcoin Fork Faces Cryptocurrency Exchange Delisting after 51% Attack

Three months after Bitcoin Gold fell prey to a high-profile 51 percent attack, one of the cryptocurrency exchanges affected by that exploit is threatening to delist BTG unless the coin’s developers help cover its losses. Last week, the Bitcoin Gold organization announced on its official website that Bittrex, a top-30 cryptocurrency

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Coinbase Looks for Possible Cryptocurrency ETF with the help of BlackRock

Citing unnamed sources, Business Insider’s Frank Chaparro reported today that Coinbase had contacted BlackRock for advice on how to go about creating a crypto ETF for retail investors. In July, we have reported on the existence of a crypto/blockchain working group within BlackRock, the New York-based investment giant who manages the popular iShares line

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Iranian Authorities Consider Mining Of Cryptocurrency An Industry

Iranian Authorities have agreed to consider the mining of cryptocurrency as an industry. Iran’s Secretary of the Supreme Cyberspace Council disclosed that different departments of the government share the same sentiment. Iranian Authorities Acceptance According to the secretary, the mining of digital currency is now being increasingly accepted by the Iranian

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Iran Crypto | The Iranian Government Finally Recognizes Cryptocurrency

Iran’s Supreme Cyberspace Council Secretary, Abolhassan Firoozabadi, just revealed that various entities within the country’s government have accepted cryptocurrency mining as an industry. The local news agency IBENA reported the Iran crypto news just this morning. According to this report, Firoozabadi stressed that the mining of crypto has been approved, but a

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