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Technology

Big-Name Insurers Stepping Up Their Crypto Game – Bitcoin News

Finance A growing number of big-name insurers are getting into the crypto space. They are exploring new product options in this area and meeting with cryptocurrency custodians and trading platforms about coverage. However, exclusions can add up fast for crypto businesses and premiums can be more than five times that of a normal business. Also…

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Ethereum, Coinbase, Robinhood Led by Under 40 Year Olds Killing It – Bitcoin News

News Fortune magazine’s annual 40 Under 40 is out, recently published in print and online, highlighting leaders under forty years of age. This year, the cryptosphere is well represented by Ethereum’s Vitalik Buterin, Coinbase’s Brian Armstrong, and Robinhood’s Vlad Tenev. Wielding billions and billions in valuations, their average age is just a tender 30 years…

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Ukraine’s Financial Stability Council Supports Crypto Regulatory Concept – Bitcoin News

Economy & Regulation Ukraine has taken a positive step towards legalizing cryptocurrencies. A new regulatory concept, one that recognizes coins and tokens as financial instruments, has won support from the members of the country’s Financial Stability Council. The body includes representatives of the National Bank, the Finance Ministry and other government agencies. Also read: Minsk…

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Malta Says Crypto Rules Aren't Yet In Force Amid 'Blockchain Island' Hype – CoinDesk

Malta’s new cryptocurrency regulatory framework has not taken effect just yet. Three bills regarding cryptocurrencies, blockchain and distributed ledger technology, passed by Maltese Members of Parliament in June, set out a number of ambitious changes to the country’s legal landscape overseeing cryptocurrency-related businesses. However, the Malta Financial Services Authority said Friday that one of these laws…

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Why CEOs of Circle, Coinbase, and Major Crypto Firms are Bullish on Ethereum

Executives and operators of major crypto conglomerates, valued at many billions of dollars, have been more optimistic towards Ethereum than bitcoin, the most dominant cryptocurrency in the global market, as of late. Throughout the past year, Circle, the $3 billion cryptocurrency exchange and payments platform, and Coinbase, the $8 billion cryptocurrency brokerage company which also…

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Vietnam's Central Bank Thinks Cryptocurrency Miners Should Be Banned – Bitcoin News

Regulation According to regional reports, the State Bank of Vietnam (SBV) has agreed with a proposal to ban imported cryptocurrency mining machines in order to keep the digital currency economy tethered tightly to the government’s regulatory frameworks. The proposal was introduced by the country’s Ministry of Industry and Trade (MoIT) after the SBV announced that…

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Huobi Launches Service to Build Crypto Exchanges in the Cloud – CoinDesk

Huobi, the world’s third-largest cryptocurrency exchange platform by trade volume, is now offering a business arm to help customers build their own digital asset exchanges. Dubbed the Huobi Cloud, the service is set up to provide clients “a one-stop solution … [to enable] its partners to build secure and stable digital asset exchanges quickly,” according…

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$8K In Reach? 4 Barriers Await Emboldened Bitcoin Bulls – CoinDesk

$8,000? It’s not out of the question. With no price pullback happening in the wake of Tuesday’s sudden surge, the technical charts indicate bitcoin could soon close in on this key psychological benchmark. First, an expected pullback was not without merit (the charts were looking overextended on Tuesday when the 4-hour RSI reached its highest level…

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