Cryptocurrency Analysis and News Portal
The leading cryptocurrency by market value fell to $38,577 during the Asian hours, a level last seen on March 15, according to CryptoX data. Per analytics firm IntoTheBlock, $40,000 was important support, as significant buying activity has happened around that level in the past. The latest decline means the cryptocurrency
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“They’re screwed, I think, unless they can spin up a new entity in an unregulated area, which they might do,” the CEO of one of the firms preparing to use an overseas jurisdiction, who also requested anonymity. “I know that some of these firms have been either in the process
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The U.K.'s Financial Conduct Authority has pushed back its March 31 deadline for select crypto firms to attain full registration. Source
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Cryptocurrency payments app Wirex has withdrawn from the U.K. Financial Conduct Authority's temporary registration regime ahead of the March 31 deadline to obtain full registration. Original Source
Read MoreThe trustee of the now-defunct Japanese cryptocurrency exchange Mt. Gox has obtained another approval to extend the deadline for submitting a rehabilitation plan.Following a motion by Mt. Gox rehabilitation trustee Nobuaki Kobayashi, the Tokyo District Court issued another order to extend the deadline until Dec. 15, 2020, according to an
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