Category: USA
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The Daily: Trump Chooses Bitcoin Advocate as Chief of Staff, Congressman Proposes Wall Coins
In today’s edition of The Daily, we feature a couple of stories from the U.S. political scene. President Donald Trump has chosen a known Bitcoin advocate as the Acting White House Chief of Staff. And a congressman proposes to fund the building of a barrier on the U.S.-Mexico border with a “Wall Coins” crowdsale offering.…
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US Law Professor: Confusing Cryptocurrency Regulations Will Hamper Innovation
Carol Goforth is a professor at the University of Arkansas School of Law. She recently published a paper about the consequences of having cryptocurrency regulations fall under a number of conflicting laws, defined by various U.S. authorities, all at the same time. Also Read: IRS to Face Record Number of Crypto-Related Loss Claims Confusing, Prohibitive…
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Colorado Regulator Issued Orders Against 18 ICOs, With More on the Way
The U.S. authorities appear to have greatly increased their focus on initial coin offerings (ICOs). In addition to the big federal bodies that are going after them on a national level, projects are also being targeted by regulators in states such as Colorado, where another another four were put on notice on Tuesday. Also Read:…
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Bitcoin Trader Faces Five Years in US Jail for Unlicensed Money Transmitting Business
Bitcoin trader Jacob Burrell-Campos pleaded guilty this week in a U.S. federal court to operating an unlicensed money transmitting business. The 21-year-old San Diego native is now awaiting sentencing and faces a maximum of five years in jail. Also Read: How to Easily Give BCH as Gifts in Halloween Trick-or-Treat Packages ‘Serious Threat’ to US…
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Survey: 60% of US Voters Want Cryptocurrency Political Donations to Be Legal
Clovr recently surveyed 1,023 registered U.S. voters to learn how the American public views the possibility of political candidates accepting cryptocurrency donations for campaign financing. A majority of 60 percent said cryptocurrency donations should be treated the same as fiat, with only 21 percent disagreeing. Also Read: New ‘Trust Machine’ Blockchain Film Tackles Politics of…
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The Daily: Binance to Expand in Singapore, Uphold Launches Loan Service
In today’s edition of The Daily, we look at a strategic investment that could help Binance to establish a fiat-to-crypto exchange in Singapore. We also focus on a new service that digital payments platform Uphold is launching to lend funds to its clients, as well as a cryptocurrency-backed prepaid card that’s coming to the U.S.…
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Exchanges Roundup: Yobit Unveils Random Coin Pump, Okcoin USA Plans Stablecoin
In recent news pertaining to crypto exchanges, Yobit has announced a “random coin” pump for Oct. 11, the founder of Okgroup has announced Okcoin USA’s plan to launch a stablecoin, and Coinbase’s chief policy officer has predicted that the exchange will attain Japanese regulatory approval by 2019. Also Read: A Bitcoin Rat Is Occupying Wall Street…
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$10 Trillion US Exchange Takes a Step Toward Crypto: Nasdaq Bids for Cinnober
News wires buzzed this week when the National Association of Securities Dealers Automated Quotations (Nasdaq) announced its pending purchase of Swedish crypto-friendly stock exchange Cinnober. Nasdaq made “an USD 190m all cash recommended public offer” to the exchange, which it terms a major “financial technology provider to brokers, exchanges and clearing houses worldwide.” It could…
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US National Insurance Advisory AAIS Introduces IBM Blockchain-Based Reporting Tool
U.S. national insurance advisory AAIS introduces their IBM blockchain-based insurance database and reporting tool
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Investor Files Lawsuit Against AT&T Over Hack That Allegedly Lost Him $24 Mln in Crypto
An American investor has filed a $224 million lawsuit against his telecoms provider AT&T over alleged negligence that he claims caused him to lose $24 million in crypto