China’s Oldest Science and Tech Publication Accepts BTC for Subscriptions

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On Sunday China’s oldest tech media publication, Beijing Sci-Tech Report (BSTR) also known as ‘Technology life,’ has announced the business is accepting bitcoin core (BTC) for the magazine’s 2019 subscriptions. Also read: Launching a Website on the Bitcoin Cash Network Is Now a Reality  The Publication Beijing Sci-Tech Report Now Accepts BTC for 2019 Subscriptions  …

Why U.S. Congress Won’t Pass Crypto Bills Anytime Soon

Why U.S. Congress Won’t Pass Crypto Bills Anytime Soon

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According to Jake Chervinsky, a government enforcement defense and securities litigation attorney at Kobre & Kim LLP, as of now, the U.S. Congress will not be passing a crypto bill in the foreseeable future. Had drinks yesterday with a friend who's deeply connected in DC. Me: “what do you hear about crypto on the Hill?”Him:…

New POS Terminal by Pundix Allows Nigerians to Make Purchases in Bitcoin

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Indonesian cryptocurrency and payments company Pundix has introduced a point of sale terminal at a shop in Nigeria, allowing people in the West African country to make purchases using cryptocurrency, including bitcoin. The move is seen as key to scaling up cryptocurrency adoption and development in Africa’s biggest bitcoin market. Also read: Payments Platform Wirex Launches…

New Ripple-Led Advocacy Group to Pay DC Lobbyists in XRP

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Ripple is leading a group of organizations launching an advocacy body in Washington D.C. that will pay for lobbying in both U.S. dollars and XRP.

Banks Launder $2.7 Billion Every Day, Crypto Exchanges $9 Million in Two Years

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Earlier this month, Danske Bank, the biggest bank in Denmark, faced its largest scandal to date for laundering more than $230 billion. Despite the billions of dollars banks launder on a daily basis, critics are still focused on crypto exchanges. On Sept. 28, Erik Voorhees, the CEO of popular cryptocurrency exchange ShapeShift, responded to the…

‘Groupon for Cannabis Users’ Sees Stock Jump After Announcing Development of Blockchain-Based Tech

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Leafbuyer Technologies, a company Bloomberg describes as a cross between “Groupon and Yelp for cannabis users,” saw a 40 percent jump in its stock on Thursday after announcing it would roll out a blockchain-based platform soon, according to the publication. Missing out Until then, Leafbuyer had missed the boat on the rise other marijuana-related companies…

US Federal Judge Rules My Big Coin a Commodity, CFTC Can Pursue Charges

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A U.S. federal judge has ruled that My Big Coin is a virtual currency meeting the definition of a commodity, which falls within the jurisdiction of the Commodity Futures Trading Commission (CFTC). This allows the regulator to pursue fraud charges involving the cryptocurrency. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Judge…

RBI Denies Creating Crypto, Blockchain and AI Research Unit

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India’s central bank has reportedly denied setting up a unit to research cryptocurrency, blockchain and artificial intelligence as the media reported last month. This unit was supposed to research, draft rules, and supervise new emerging technologies. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals RBI Denies Setting Up Crypto Research Unit There…