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Bitcoin-Yuan Divergence Reached New Heights


Bitcoin-yuan divergence reached new heights, once again fueling speculations that Chinese are possibly seeking safety in the world's largest decentralized cryptocurrency. Bitcoin and yuan have been going to different directions for a while now, and their inverse correlation has reached a record...

Tether Announces Its Future Plans to Launch Two New Stablecoins for Users


Tether, the popular crypto-fiat hybrid stablecoin firm, is planning to come in the limelight of the financial sphere, with the launch of two new crypto assets. According to the news, one coin of the controversial crypto firm will be secured with precious and lucrative commodities like gold...

Major Chat App Has a New Crypto Plan for its 80M Users, Aims at Libra


Japan-based major chat app operator Line has updated the white paper for its Link cryptocurrency. And by the looks of things, the company is looking to posit its token as a competitor to Facebook’s forthcoming Libra project. The updated white paper underscores Line’s intentions to allow users...

Bitcoin ETF: How SEC Exemptions Help Firms Offer Interim Products


There are several exemptions the U.S. Securities and Exchange Commission (SEC) offers that allow companies to launch their bitcoin investment products without registration. While waiting for the SEC to approve their bitcoin ETF, some firms have taken advantage of these exemptions to offer...

Paxful along with Coinlogiq Would Open 20 New Crypto ATMs In Colombia


The Peer-to-peer crypto exchange serving Latin America, Paxful has joined hands with the blockchain firm, CoinLogiq to bring cryptocurrency ATM’s to Colombia. Paxful is a crypto trading platform that strives to ensure availability and equality of opportunities to access financial services. They...

Binance to Launch USD-backed Stablecoin, Gets Approval in New York


Major crypto exchange Binance said it partnered with Paxos Trust Company, a crypto custody company and issuer of stablecoins, in order to launch a new stablecoin, Binance USD (BUSD), later this month. "BUSD will be available on the Paxos platform for direct purchase and redemption 1:1 for U.S....

Firefox blocks third-party tracking cookies and cryptominers


This is super interesting stuff from Mozilla: the most recent update of Firefox will now block cryptominers and third-party tracking scripts by default. In the press release they write: For today’s release, Enhanced Tracking Protection will automatically be turned on by default for all users...

Indian Government’s New Report Views Crypto Positively


A new Indian government report has put cryptocurrency in a positive light, viewing the mechanisms surrounding it, including initial coin offerings, as “revolutionizing the global fintech landscape.” The report also discusses the regulation of coins and tokens. Also read: Indian...

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