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South Korean Banks Drop Crypto Accounts as Government Plans a Ban

News South Korean regulators have announced a plan to ban banks from activities involving cryptocurrencies, prompting major banks in the country to declare they will no longer issue accounts required for crypto trading. South Korea’s top bitcoin exchanges are all effected, including Bithumb, Coinone, and Korbit. Banks that have made announcements i

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That Business Is Absolutely on Fire, Nick Cowan Gives Thoughts on Crypto

Cointelegraph continues publishing interviews with prominent guests of BlockShow Asia 2017, that took place in Singapore in November 2017.This time we talked with Nick Cowan, managing director and founder of GSX, Gibraltar’s first regulated stock exchange. With his 30-years’ experience in the investment business and knowledge about the culture of business across the Eurasian continents, he is

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CFTC Chairman: Cryptocurrencies Are 'Unlike Any Commodity' We’ve Seen

Сryptocurrencies are one of the most challenging asset classes for the Commodity Futures Trading Commission (CFTC), according to a statement by Chairman J. Christopher Giancarlo. He also warned potential investors about the risks associated with cryptocurrencies and Initial Coin Offerings (ICOs).Notable partnershipThe chairman of the CFTC highly commended his Securities and Exchange Commission (S

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Ripple Wakes Up After Long Slumber

There is always something going on in the crypto-land. The weekend saw the big bull and bear action on Bitcoin and the start of the week witnessed Ethereum and Litecoin breaking new tops. LTC continued to surge yesterday reaching an all-time high of $340 according to Coinmarketcap.com. A market correction saw prices return to just below $300 where it currently trades.Ethereum has also enjoyed a bu

Will the Marriage of IoT and ETC Bring the Next Investment Opportunity?

In recent years, The Internet of Things (IoT) has become a catchword of industry insiders in identifying the roadmap of home automation and smart city planning. Now IoT technology leveraged in a host of projects is giving a boost to global informatization.ETC, one of the latest technologies applied to IoT, increase the way how information and value are shared in the digital economy. Its smart cont

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The Music Industry Turns To VR and Blockchain To Reconnect With Audiences

Blockchain technology is well recognized for its property of authentication and universal application. This is a property that is being utilized in the entertainment industry in resolving issues that revolves around reach, capacity, audience satisfaction, and content distribution.Addressing the missed revenuesEach year 60 million concert tickets are sold in the USA alone. The demand for iconic mus

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Bulgaria Could Slash its National Debt Thanks to Seized BTC

Whilst early investors are rejoicing about the recent surge in the price of Bitcoin, the increase is delighting elsewhere too. As part of a national anti-corruption operation in Bulgaria back in May, the government there seized 213,519 BTC from organised criminals. Today, these coins are worth $3.6 billion, or to put it another way, around one fifth of the entire country’s national debt. At the

ZABERCOIN: AN ASSET BACKED, INNOVATIVE AND FUTURISTIC REAL ESTATE UTILITY TOKEN

MISSION STATEMENTTo establish Zabercoin as the preferred real estate utility token by providing a competitive advantage to the investor by outstanding levels of professionalism, ethics, integrity, service, expertise, innovation, and ambition in the global blockchain cryptocurrency real estate market environment.WHAT IS ZABERCOIN?Zabercoin is an innovative and above all stable real estate utility t

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ICOs Can Be Effective Fundraising Tools, SEC Chairman Says

The Chairman of US Securities and Exchange Commission (SEC), Jay Clayton, issued a public statement on Monday regarding cryptocurrencies and Initial Coin Offerings (ICOs).The statement serves as a warning directed to both “Main Street” investors and market professionals and concludes that most tokens sold in ICOs to date are likely securities under US law.Warning to “Main Street” investors

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Bulgaria Seizes Enough Bitcoin to Pay Off 1/5 of National Debt

Following an undercover bust of an underground crime network, Bulgaria has seized enough Bitcoin to settle a fifth of its national debt.According to ZeroHedge, the Bulgarian crime enforcement agency and the Southeast European Law Enforcement Center caught 23 Bulgarian criminals and confiscated a total of 213,519 Bitcoins - roughly valued at $3.5 bln.The syndicate had hacked Bulgarian customs compu

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