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Sophia
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Tue Aug 27, 2019 9:44 pm

Pat Gelsinger, the CEO of major cloud computing and virtual machine company VMWare, has condemned Bitcoin (BTC) as being “bad for humanity.”
Antjosh
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Tue Aug 27, 2019 9:45 pm

Hong Kong-based cryptocurrency futures exchange CoinFlex has received $10 million through a funding round that closed last week.
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Sophia
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Tue Aug 27, 2019 9:45 pm

The protracted legal battle involving self-proclaimed Bitcoin (BTC) inventor Craig Wright and the estate of computer scientist David Kleiman could go in Kleiman’s favor.
Antjosh
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Tue Aug 27, 2019 9:46 pm

Over the last 24 months, all major legal systems have been floundering to develop a regulatory framework that can be applied across the blockchain industry.
This lack of a standard foundation has led to the world watching current court cases within the crypto industry with extreme scrutiny, as these will likely provide a precedence to build future regulatory decisions upon.
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Martin12345
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Tue Aug 27, 2019 9:47 pm

The Central Bank of Brazil has moved to classify bought or sold cryptocurrency assets per International Monetary Fund (IMF) guidelines.
Antjosh
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Tue Aug 27, 2019 9:52 pm

Cryptocurrencies can benefit from wider adoption and many believe that with a user base of about two billion people, Facebook can speed up the process. Its Libra project has drawn sharp criticism from regulators, finance ministers and central banks around the world.
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Martin12345
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Tue Aug 27, 2019 9:52 pm

Lolli, an app that provides Bitcoin (BTC) rewards to users when they shop with partner stores, has teamed up with major American pet retailer Petco.
Antjosh
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Tue Aug 27, 2019 9:53 pm

Singaporean private equity firm Makara Capital said it will not invest in Overstock’s blockchain subsidiary tZERO.

In an Overstock investor call on Aug. 26, Overstock’s interim CEO Jonathan Johnson said that Makara recently informed the firm that they “will be not investing in tZERO right now.”
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Martin12345
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Tue Aug 27, 2019 9:54 pm

The Swiss Financial Market Supervisory Authority (FINMA) has reportedly granted two banking and securities dealer licences to crypto-focused banks.
Antjosh
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Tue Aug 27, 2019 9:54 pm

Marcus Swanepoel, CEO of cryptocurrency exchange Luno, says that most of its users use Bitcoin (BTC) as an instrument for investing and speculating. Transacting, however, comprises a small share of the cryptocurrency’s use cases, he explains.
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