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Zambia Launches Crackdown on Crypto Companies

The Bank of Zambia has started to clamp down on cryptocurrency-related businesses, mere days after declaring that it does not view digital coins such as BTC as legal tender. The crackdown began on Oct. 14, when the central bank announced an investigation into Heritagecoin Resources Ltd. for allegedly laundering money, according to local media reports. […]

The post Zambia Launches Crackdown on Crypto Companies appeared first on Bitcoin News.

Source: https://news.bitcoin.com/zambia-launches-crackdown-on-crypto-companies/

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Bitcoin After Death: The Perils of Sharing One’s Fortune

If you are a young fortune-hunter toiling away on a computer in a basement, the prospect of death probably isn’t among your top considerations. Equally, if the main draw to crypto is its relative privacy, you may not be particularly eager to share your private keys with your loved ones, as a hacker could sift […]

The post Bitcoin After Death: The Perils of Sharing One’s Fortune appeared first on Bitcoin News.

Source: https://news.bitcoin.com/bitcoin-after-death-the-perils-of-sharing-ones-fortune/

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PR: Roger Ver Joins Azbit Crypto Exchange Advisory Board

We are elated to announce that Roger Ver, CEO of Bitcoin.com and Mate Tokay, COO of Bitcoin.com joined Azbit as our Advisors!

Apparently the subject on everyone's mind today is “Roger Ver is planning to open his own cryptocurrency exchange”. The global crypto community of course took his statement seriously since “Bitcoin Jesus” has a good eye for the major upcoming industry trends.

The post PR: Roger Ver Joins Azbit Crypto Exchange Advisory Board appeared first on Bitcoin News.

Source: https://news.bitcoin.com/pr-roger-ver-joins-azbit-crypto-exchange-advisory-board/

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Research: 1 of 5 New Hedge Funds in 2018 Is a Crypto Fund

New research shows that one out of five hedge funds launched thus far this year has been a cryptocurrency-focused hedge fund. This is a surprising statistic in light of the 2018 bear market, but it may indicate that managers and investors are still optimistic about the long-term outlook and want to capitalize on current low […]

The post Research: 1 of 5 New Hedge Funds in 2018 Is a Crypto Fund appeared first on Bitcoin News.

Source: https://news.bitcoin.com/research-1-out-of-5-hedge-funds-launched-this-year-is-a-crypto-fund/

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Fincen Claims Iran Is Using Crypto to Evade Sanctions

The Financial Crimes Enforcement Network has warned U.S financial institutions that the Iranian government might be dodging economic sanctions by using cryptocurrencies. The document highlights challenges arising from peer-to-peer virtual currency exchanges and encourages banks to monitor blockchain ledgers for transactions tied to the country. Also Read: Church Mining Cryptocurrency to Pay Higher Electricity Rates Iranian […]

The post Fincen Claims Iran Is Using Crypto to Evade Sanctions appeared first on Bitcoin News.

Source: https://news.bitcoin.com/fincen-iran-crypto-sanctions/

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The Daily: Tether Sheds Its Peg

What kind of a world are we living in when bitcoin and tether, two of the stablest currencies in the cryptosphere, break out at the same time? Bitcoin is headed north while tether has taken a tumble in events that are closely linked. Of course, there’s other news in this edition of The Daily, like […]

The post The Daily: Tether Sheds Its Peg appeared first on Bitcoin News.

Source: https://news.bitcoin.com/the-daily-tether-sheds-its-peg/

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Report: Barclays Drops Plan for Cryptocurrency Trading Desk

Barclays (LSE: BARC) has reportedly scrapped its plan to launch a cryptocurrency trading desk. However, it remain unclear whether the U.K. banking giant is acting under pressure from regulators or for other reasons, such as insufficient demand for crypto-related services from hedge funds. Also Read: Research: Corporations Fail to Deliver on Blockchain Hype, Scalability a […]

The post Report: Barclays Drops Plan for Cryptocurrency Trading Desk appeared first on Bitcoin News.

Source: https://news.bitcoin.com/barclays-reportedly-stops-its-cryptocurrency-trading-desk-initiative/

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Korean Government Expected to Announce ICO Stance in November, Official Says

The South Korean government is expected to announce its position on initial coin offerings in November, according to a high-ranking official. The decision will follow the outcome of the survey which the country’s Financial Supervisory Service recently sent out to domestic blockchain companies. Also read: RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision […]

The post Korean Government Expected to Announce ICO Stance in November, Official Says appeared first on Bitcoin News.

Source: https://news.bitcoin.com/south-korea-ico-november/

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Church Mining Cryptocurrency to Pay Higher Electricity Rates

The outcome of a court case in Russia may affect the popular practice of cryptocurrency mining in basements and garages. According to a recent ruling, a church in Irkutsk must pay higher electricity rates for installing and running mining hardware on its premises. ‘Grace’, the religious organization of the local evangelical community, has been taking […]

The post Church Mining Cryptocurrency to Pay Higher Electricity Rates appeared first on Bitcoin News.

Source: https://news.bitcoin.com/church-mining-cryptocurrency-told-to-pay-higher-electricity-rates/

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Bitcoin Markets Comprise Imminent Alternative to Foreign Exchange

A report authored by researchers from the Henryk Niewodniczanski Institute of Nuclear Physics has found that Bitcoin is maturing. The report, courtesy of the Polish Academy of Sciences in Krakow, concludes that Bitcoin carries “concrete potential of imminently becoming a regular market” and “an alternative to the foreign exchange.” Also Read: Research: Corporations Fail to Deliver […]

The post Bitcoin Markets Comprise Imminent Alternative to Foreign Exchange appeared first on Bitcoin News.

Source: https://news.bitcoin.com/bitcoin-alternative-foreign-exchange/

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Source: https://news.bitcoin.com/