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Venezuelan President Maduro Calls For 10 Countries To… | News

Venezuelan President Nicolas Maduro has asked all 10 countries in the Bolivarian Alliance for the Peoples of Our America (ALBA) to work together on the creation of the Petro, his proposed oil-backed cryptocurrency, according to local sources. During a meeting of ALBA on Jan. 12, Maduro had announced: “I put it on the table, brother governments of the ALBA, the ...

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Russian Businessman Buys Power Stations For Crypto Min… | News

China has long been a cryptocurrency mining stronghold due to low power tariffs and many large mining operations have set up shop nearby power stations. It seems this theme is spilling over to Russia, where the first instance of power stations being bought by investors to house cryptocurrency mining operations is being reported. According to RT, Russian businessman Aleksey Kolesnik ...

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Redefining Sports Betting Industry With Blockchain | News

The development and expansion of Blockchain technology has triggered new opportunities in the betting on the sports industry. A new company founded by Baikov Artyom, a developer of several B2C web applications for consumer services & platforms, aims to streamline the process. By leveraging smart contracts on the Ethereum Blockchain, it allows avid players to take their passion to a ...

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China: After Banning Exchanges, Authorities Move To Cl… | News

Chinese authorities are quietly stepping up a crackdown on cryptocurrency exchanges to include “market-making” platforms and similar services, according to anonymous sources cited by Bloomberg in an article Monday, Jan. 15. As attention focuses on South Korea’s regulatory battle with cryptocurrency trading, Bloomberg reports that across the border, where official crypto-to-fiat exchanges have been banned since September, “exchange-like services” are ...

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Why Market Players Are Enthusiastic About Investing in… | News

Expert Blog is Cointelegraph’s new series of articles by crypto industry leaders. It covers everything from Blockchain technology and cryptocurrencies to ICO regulation and investment analysis. If you want to become our guest author and get published on Cointelegraph, please send us an email at mike@cointelegraph.com. ICO fundraising is still strong despite increased attention on the part of regulating bodies ...

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Singapore Central Bank Head Hopes Crypto Will Recover… | News

Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), expects the cryptocurrency market to recover after a prospective crash, as reported by CNBC. In an interview Monday, Jan. 15, Menon told CNBC: “I do hope when the fever has gone away, when the crash has happened, it will not undermine the much deeper, and more meaningful technology ...

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Cryptocurrencies Occupying Minds of Banks and Regulato… | News

With the rise of interest that hit its peak in late 2017 surrounding cryptocurrencies, it was only a matter of time before the regulators and their kin got stuck into the cryptocurrency world. Banks, central banks, regulators and other financial institutes are racking their brains about this phenomenon, and how to approach it. Regulators, and by association, those in the ...

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South Korea Clarifies Position on Crypto Regulation Am… | News

Stricter regulations for South Korea’s cryptocurrency trading industry were announced Sunday, Jan. 14, amidst continued confusion in mainstream media about a proposed ban on cryptocurrency trading by the country’s Justice Minister last week. Reports in local news agency Yonhap claimed Sunday, Jan. 14, that requirements for Korean traders to use their real names for cryptocurrency trading accounts, a potential regulation ...

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80% Of All Bitcoins Already Mined, Only 4.2 Million Co… | News

Jan. 13 marked an important milestone for Bitcoin when 16.8 million bitcoins (BTC), or 80 percent of the entire Bitcoin supply, were mined. This means only 4.2 million bitcoins, or 20 percent, are left to mine until Bitcoin’s 21 million supply cap is reached. BTC contains the 21 mln cap built into its protocol by Satoshi Nakamoto, first mentioned in ...

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