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SEC Again Delays Decision on Bitwise Bitcoin ETF Approval
The US SEC said it would hold off on making a decision on the Bitwise ETF proposal filed with NYSE Arca.
tags: Regulation CryptoAssets Fintech ETFs
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Crypto Trading Gets FDIC Protection
The Wild West of cryptocurrency trading is getting something typically associated with the safest of savings accounts: FDIC protection.
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Bitcoin Tops $8,000 as Resurgence of Cryptocurrencies Goes On
Bitcoin strengthened past $8,000 for the first time in about 10 months on Tuesday, crossing another milestone as cryptocurrencies continued their scorching rally.
tags: CryptoAssets Fintech Bitcoin
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Proposal’s Merger Paves Way for New Bitcoin Lightning Features
A new routing proposal is expected to be merged today into the official “specifications” of lightning, the technology many advocates trumpet as the fix to bitcoin’s long-standing payment problems.
tags: Fintech Lightning CryptoAssets
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Facebook’s top-secret blockchain project is moving forward. What is Project Libra?
Facebook is working on a blockchain-based payment solution code-named Project Libra. What are the implications for FacebookCoin, the Facebook ecosystem, and the wider blockchain space?
tags: Facebook CryptoAssets AltCoins Stablecoins Fintech Blockchain
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SEC’s Crypto Czar Says Exchanges That List IEOs May Face Legal Risks
Certain exchanges that facilitate initial exchange offerings may be breaking U.S. securities laws, a top SEC official said.
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Token Taxonomy Act Includes De Minimis Tax Exemption for Crypto
The recently reintroduced US Token Taxonomy Act will create a de minimis tax exemption for crypto transactions under $600.
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Hedge Fund Bitcoin Buying Spree Accelerated 2400% in Q1: Grayscale
Grayscale experienced a 42% uptick in product inflows from $30.1M in 4Q18 to $42.7M in 1Q19, with hedge funds ramping up their investments, from less than $1M in 4Q18 to approximately $24M in 1Q19.
tags: Fintech CryptoAssets
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Microsoft Builds Decentralized Identity Network Atop Bitcoin Blockchain
Microsoft is building a decentralized identity network atop of the bitcoin blockchain. The Identity Overlay Network is based on an evolving set of open standards developed in conjunction with the Decentralized Identity Foundation.
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Whole Foods and Major Retailers Now Accept Cryptocurrency via the Spedn App
Major retailers including Whole Foods, Lowes, Petco, Regal Cinemas, and Gamestop will now accept payments in crypto processed by Flexa using its Spedn custodial wallet.
tags: CryptoAssets Fintech