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PayPal special! Crypto plans revealed, Bitcoin’s reaction, critics circle: Hodler’s Digest, Oct. 19–25
25.10.2020
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!
Kanye West: Bitcoiners Know the True Liberation of America and Humanity
25.10.2020
U.S. presidential candidate Kanye West professed his respect for bitcoiners during a podcast interview with Joe Rogan. He says bitcoiners “really have a perspective on what the true liberation of America and humanity will be.” Kanye West and Bitcoin Kanye West is one of...
How to build a crypto mining rig in 2020 to earn Bitcoin and Ether
25.10.2020
Mining with home rigs is back, so here’s what those interested need to know to put together their own rig at home
JP Morgan Sees Millennials’ Bitcoin Preference Over Gold as Foundation for Its Long Term Success
25.10.2020
JP Morgan says bitcoin’s 2020 surge is set to continue as the digital cryptocurrency competes better against gold as an alternative currency. In a note, the financial institution says that with millennials set to become a more important market participant in the coming years, their preference...
The UK and US Clamping Down On Crypto Trading – It's Not Yet A Big Deal
25.10.2020
Gavin Brown is the Associate Professor in Financial Technology ant the University of Liverpool.
The sale and promotion of derivatives of bitcoin and other cryptocurrencies to amateur investors is being banned in the UK by the financial regulator, the Financial Conduct Authority (FCA). It is...
Corporate disclosure is the only way to get crypto institutionalized
25.10.2020
Disclosure best practices need to be adopted as their lack is holding the industry back
Unbelievable Bonus From Beaxy.com
25.10.2020
PRESS RELEASE. Beaxy Exchange is running a one-of-a-kind match bonus program that will double your deposit up to $500. For example, when you enroll in the program and deposit $1,000 worth of fiat or crypto, you will receive an additional 500 USDC to use for trading. How to Trade with More on Beaxy...
Gold smuggler's gait gives him away as Paypal launches price action moon mission: Bad crypto news of the week
24.10.2020
Check out this week’s Bad Crypto podcast
CME’s Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto
24.10.2020
The Chicago Mercantile Exchange (CME) has become the second-largest derivatives market for bitcoin futures in terms of open interest. The popular exchange has seen an influx of demand since the recent Paypal announcement and the Bitmex debacle as well. Data shows that the Bitcoin Mercantile...
How US authorities are using old AML tools to crack down on crypto
24.10.2020
With new changes to the Travel Rule up for discussion and a bevy of new cases in the courts, it's time to look at how U.S. AML law is shifting to cope with crypto
China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
24.10.2020
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...
PayPal’s Crypto Offer, BTC’s 13K Break, Bahama’s CBDC and 20 Crypto Jokes
24.10.2020
We saw some major news this crypto week, as BTC broke USD 13,000, PayPal said it will offer buying, selling and holding crypto, and the Bahamas unveiled its Sand Dollar. Following its network update, monero reigned as the best performing coin in the top 15, while Phase 0 of ETH 2.0 might be coming...
Paypal’s Crypto Embrace: Morgan Stanley Says Move Boon for Mass Adoption, Critics Say Payment Giant Violates Crypto Principles
24.10.2020
The entry of Paypal into the cryptocurrency industry continues to expose the divide between traditional crypto space players who are less enthusiastic and non-crypto players who endorse the move. Non-crypto players like the analysts at Morgan Stanely are agreement with the notion that the payments...
Voyager Digital Buys European Crypto Exchange Focused on Institutional Investors
24.10.2020
Crypto-asset broker Voyager Digital Ltd is buying LGO Markets, a French cryptocurrency exchange focused on corporate investors. The two firms will merge under one brand, Voyager, and their two separate native tokens, VGX and LGO, will also merge. The deal grants Voyager, a Canadian Securities...
Prepping for Next Year’s Travel Rule: 25 US Crypto Service Providers Publish Compliance Solutions Paper
24.10.2020
A great number of cryptocurrency businesses are preparing for the upcoming Financial Action Task Force (FATF) rules toward cryptocurrencies, specifically the Travel Rule. This month 25 Virtual Asset Service Providers (VASPs) published a paper that outlines how American-based VASPs aim to comply...
South Korean gov't doesn't know who will protect crypto exchanges from Kim Jong-Un’s hackers
23.10.2020
Can anyone hold North Korea responsible for its attacks on the crypto industry?
US AML watchdog wants info on all international crypto transactions over $250
23.10.2020
The proposed change would cut down FinCEN's longstanding $3,000 threshold
US Moves to Cast a Wider Net for Catching Money Launderers, Crypto or Otherwise
23.10.2020
The Fed and the Financial Crimes Enforcement Network want to lower the threshold for reporting financial transactions and make sure crypto is included
Law Decoded: Government sandboxes, test beds and crypto compromises
23.10.2020
These week's news highlighted how governments test new regimes for cryptocurrency, which can be slow but is certainly some kind of progress
Seoul Unsure Who Takes the Buck for North’s Crypto Raids + More News
23.10.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
The question of who exactly in the South Korean governmental setup is responsible for countering North Korea’s alleged systematic...