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The UK government has prepared a plan to combat economic crime for the years 2019-2022. The document, in addition to other threats, mentions cryptocurrencies, which, according to the authorities, can be used for money laundering and terrorist financing. According to the published document, cryptocurrency companies will obey the requirements of AML / CTF, and the Financial Regulation and Supervision Administration (FCA) will oversee their activities. […]

On the night of July 15, the price of the first cryptocurrency dropped below an important psychological mark of $ 10,000, but the sellers did not manage to gain a foothold there. At the time of writing, Bitcoin is trading at around $ 10,100. The total daily trading volume of Bitcoin, according to Bitwise Asset Management, was $ 2.47 billion. It is worth noting that the company takes into account data from only 10 trusted sites, […]

In anticipation of the next week’s hearings on the proposed Libra digital currency project for Facebook, a bill was introduced in the US, if adopted by which technology giants would not be allowed to create their own assets of this kind. About this writes The Block referring to sources familiar with the situation. According to the publication, a document called Keep Big […]

The developers of the 0x protocol were forced to temporarily suspend their decentralized exchange, explaining this by the discovered vulnerability in version 2.0. According to the representatives of the project, user funds are safe and sound, but they need to migrate to the new version of the platform. Important updatehttps: //t.co/wtdoaoqzIZ – 0x (@ 0xProject) July 13, 2019 As chapter 0x informed Will Warren, a vulnerability in a smart contract, […]

The complexity of the extraction of the first cryptocurrency has reached an absolute historical maximum at around 9.06 trillion. Thus, when recalculating, the growth was 14%. It happened on July 9th. At that moment, the hashrate was slightly below the historical record reached earlier, at 69.3 EH / s. At the time of writing, the aggregate computing power in the Bitcoin network has decreased to 58.1 EH / s, reflecting the price movement of the asset. […]

The Greek court extended the detention of Russian citizen Alexander Vinnik, suspected of laundering at least $ 4 billion through the BTC-e cryptocurrency exchange, until January 25, 2020. This was told by his lawyer Timofey Musatov, reports TASS. “The period of detention of Vinnik was to end on July 25. In particularly exceptional cases, a council of judges should be convened, which may […]

International payment systems Visa and MasterCard may stop working on the territory of the Russian Federation if the State Duma approves amendments to the law “On the National Payment System”, which will be considered at the end of this month, Kommersant reports. APDATE: The Bank of Russia said that the adoption of the amendments does not threaten the work of international payment systems in the Russian Federation. Visa representatives said that they would continue to provide uninterrupted […]

In South Africa, angry investors of the alleged cryptocurrency pyramid set fire to the house of its organizer after the project stopped paying. It is reported by Coindesk. Thus, the company of the former medical worker Sfelele Sgumza Mbati Bitcoin Wallet promised its clients 100 percent return on invested capital in the South African rand. Client deposits were supposed to be invested in cryptocurrencies. According to media reports, Bitcoin Wallet […]