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How China Is Clamping Down On Crypto Trading With Social Media

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The Chinese government has a complicated relationship with cryptocurrency: While it seems to be enthusiastic about the applications of blockchain technology, the country has banned initial coin offerings (ICOs) and blocked crypto trading sites. billion fund focused on the blockchain. Why WeChat?

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Blockchain Begins Earning Some Bitcoin-Like Skepticism

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For years, throughout the volatility of cryptocurrency values, some industry experts have assured investors and innovators that blockchain is the disruptor in which the market should place its faith. Bitcoin and blockchain creator Satoshi Nakamoto developed these tools nearly a decade ago, he said. The reality is not quite so great.”.

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Using The Blockchain To Bring Banking To Everyone

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Némethi is not a professional humanitarian or someone who thought much about the refugee crisis until he found himself — a Hungarian national living abroad in Norway — disturbed by his country’s reaction to the flood of refugees fleeing Syria’s civil war. “I The Power of the Blockchain. What’s Next.

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Bitcoin Daily: South Korean Crypto Startup Steals $2.7M In Exit Scam; Venezuela Wants World’s Oil Market To Use Petro

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This time, South Korean blockchain company Pure Bit has reportedly stolen $2.7 According to The Next Web , hours after moving all raised funds out of its wallet, the company shut down its website, deleted its social media accounts and kicked all users off its chat group. Another exit scam has hit the crypto world.

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Bitcoin Daily: SEC, Kik In Court Over Token Sale; Billionaire Tim Draper Eyes Investing In India’s Crypto Sector

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In addition, the regulator disputed Kik’s contentions that half of its sale was just for accredited investors. Beyond Draper, WazirX and Binance publicized their $50 million “ Blockchain for India ” fund earlier this month. The SEC contended that Kik sold tokens to investors with the idea that they would experience a return.

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US Lawmakers Visit Switzerland To Talk Libra

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Waters has been a vocal critic of the social media giant’s plans for its own digital currency. This raises serious privacy, trading, national security and monetary policy concerns for not only Facebook’s over 2 billion users, but also for investors, consumers, and the broader global economy.”. Last month she — along with Reps.

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Starbucks Among 19 Firms Trialing China’s Digital Yuan

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The pilot was announced at a promotional event on Wednesday (April 22) that was organized by the National Development and Reform Commission and was attended by representatives from Tencent and Alipay, the Industrial and Commercial Bank of China, the Agricultural Bank of China, the Bank of China and the China Construction Bank.