Bakkt has become the latest crypto firm to get a BitLicense. This morning, the New York Department of Financial Services announced that Bakkt had become the 29th BitLicensee. First granted to Paxos in 2015, the BitLicense is New York’s program for regulating virtual currency firms. With it, Bakkt will have new access to offer crypto trading
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Bitcoin (BTC) fell $2,000 overnight on March 11 after United States-based multinational Oracle dispelled rumors that it had bought 72,000 BTC. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview Data from Cointelegraph Markets and TradingView showed BTC/USD returning to $55,000 on Thursday after hitting local highs of around $57,00. The previous day had delivered strong performance across
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The highly popular right-wing commentator devoted a 15-minute Youtube video to inform his followers of the merits and potential that bitcoin, and cryptocurrencies, in general, as an anti-government monetary system. The grassroots embracement of bitcoin is the first of its kind in the alt-right American universe. Crypto Adoption is Taking a Surprising Right Turn in
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South Korean crypto exchanges that don’t take extensive data collection and identity verification measures could soon be subject to heavy fines.  According to an official announcement Wednesday, South Korea’s Financial Services Commission has come up with a revised proposal for the regulation of virtual assets service providers, or VASPs. The proposal introduces new VASP penalty
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