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Office of Chinese Crypto Exchange BISS Closed, Staff Members Arrested

Chinese authorities shut down local cryptocurrency exchange BISS and arrested 10 people suspected of being involved in its operations.Local media Sohu reported on the actions undertaken by Chinese authorities on Nov. 22. However, the date at which the event itself took place is unclear.The same day, founding partner of

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Facebook Libra’s Five-Member Council Elected as More Members Withdraw

Facebook’s cryptocurrency project, Libra, has announced the selection of a five-member board on Monday. The company has dismissed the recent turmoil over several prominent members leaving, the latest one being an online travel company called Booking Holdings.The head of policy and communications representing the Libra Association, Dante Disparte, says that

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Prosecution to Call Bank of Ireland Members in OneCoin Money Laundering Case

Several individuals are facing criminal proceedings launched against them for participating in the fraudulent digital currency scheme of OneCoin. Konstantin Ignatov, Ruja Ignatova and Mark Scott, continue to face these proceedings at the New York Southern District Court.The whole crypto Ponzi scheme is estimated to be worth billions of dollars

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Two California Council Members Purchase Cannabis with Cryptocurrency

In what was dubbed the first of its kind purchase, two California council members were seen buying marijuana from a local store with cryptocurrency.The council members, Berkeley City’s Ben Bartlett and Emeryville City’s Dianne Martinez, were spotted in a local cannabis shop in Ohana on September 11th, where they reportedly

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Libra Members Consider Quitting Project Due to Gov’t Pressure: Report

At least three of Facebook’s early backers for its planned Libra stablecoin launch are considering withdrawing their support in light of the fierce regulatory pushback.A report from the Financial Times on Aug. 23 alleges that two founding partners of Facebook’s Libra Association have held discussions about what their “right

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