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Bitcoin Daily: 7,000 Crypto ATMs Worldwide, Data Says; Marshall Islands Plans National Digital Currency

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The appointed organizer for the initiative, SFB Technologies, tapped the Algorand protocol because of its scalability, speed, security and its “ability to effectively implement required compliance controls and the transaction finality needed for a national currency.” At that time, Robocoin put a machine in a café in Vancouver.

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Bitcoin Daily: Nigeria’s Crypto Market Surges; Alleged Crypto Capital Operator Charged With Fraud

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Binance , Nigeria’s cryptocurrency market, has seen sign-ups surge 50 percent so far in 2020. The market is scrambling to provide users with a stablecoin. Reginald Fowler, “an alleged operator behind payment processor Crypto Capital , was charged with wire fraud” on Friday (Feb.

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Bitcoin Daily: Travala.com Combines With TravelbyBit; France Tests Blockchain-Operational Digital Euro

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.” The firms will cross-market each of their travel services as the initial step of the merger. In other news, France has become the first nation to test out a blockchain-operational digital euro with successful results, Banque de France announced on Wednesday (May 20).

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China May Move To Ban Bitcoin Mining

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China could move to ban mining for bitcoins if a draft list of activities the country’s state planner wants to ban becomes law. As it stands, China is the biggest market for people to purchase computer hardware for cryptocurrency mining. The price of bitcoin was able to surpass $5,000 for the first time since November.

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Bitcoin Daily: BitBay Will No Longer Support Monero’s XMR; Bitcoin ATMs Coming To More Shopping Malls

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“As a licensed exchange, BitBay has to follow the market standards. Compliance with market standards and regulations allows us to provide our clients with legal security and convenience of using the exchange, with the participation of a friendly banking system and the availability of payment operators,” BitBay said.

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Bitstamp Secures EU’s First Bitcoin Exchange National License

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Bitstamp has stamped its name in the record books in the EU for being the first company of its kind to secure a national license to operate as a bitcoin exchange. “This is an unprecedented moment for the bitcoin and brings with it a new era of security and transparency to the industry,” the company wrote on its blog.

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Bitcoin Daily: US Banks Eye Third-Party Custodians For Crypto Investors; UK FinTech Cashaa To Launch Crypto Bank In India

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number of big crypto custodians like Anchorage, Coinbase, and a number of others, have been contacted by banks about whether they’d be willing to be like the third-party custody providers for national banks whose customers want to invest in bitcoin,” he said, according to CoinDesk. “Well, what I have heard.a

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