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N-Economy

Indian Exchange Launches Lending Program for 5 Cryptocurrencies

<header class=”article__header”> </header> <strong>An Indian crypto exchange has launched a program that allows its users to earn interest on their cryptocurrencies held at the exchange. Initially, users can lend BTC, USDT, BNB, XRP, and ETH. The CEO of the exchange has shared details about this new offering with news.Bitcoin.com.</strong> Also read: Crypto Enthusiasts Unite in …

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Switzerland’s Largest Online Retailer Starts Accepting 10 Cryptocurrencies

<header class=”article__header”> </header> <strong>The largest Swiss online retailer, Digitec Galaxus, has started accepting crypto payments at its two stores. Customers can choose from 10 cryptocurrencies to pay with including BTC, BCH, BNB, ETH, TRX, OMG, and XRP. One of the stores specializes in consumer electronics while the other focuses on everyday needs.</strong> Also read: SEC …

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Real Estate Giant Holding Live Luxury Home Auction for Bitcoin

<strong>A major Australian real estate group is holding a luxury home auction that can be paid for with two cryptocurrencies. There will be a live auctioneer who will call out bids in BTC. The property owner says he wants to keep as many coins as possible.</strong> Also read: Crypto Enthusiasts Unite in 4 Indian Cities …

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Bank of Mexico’s Attempt to Regulate Crypto ‘Is a Disaster,’ Exchange CEO Explains

</header> <strong>The long-awaited rules on crypto assets recently published by the central bank of Mexico have caused quite a stir. A local cryptocurrency exchange’s CEO explains to news.Bitcoin.com that “the impact goes beyond the crypto industry.” Calling it “a disaster,” he asserts that the people within the central bank “have really shown their ignorance” about …

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Crypto Enthusiasts Unite in 4 Indian Cities to Voice Regulatory Suggestions

<header class=”article__header”> </header> <strong>A community roadshow has been uniting crypto enthusiasts in several cities in India to share their ideas on the country’s crypto regulation. “The best ones will be included in the report to be submitted to the decision makers amongst the government,” the organizer of the events explained.</strong> Also read: Indian Government Confirms …

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Mt Gox CEO Mark Karpeles Found Not Guilty of Embezzlement

<strong>Mark Karpeles, CEO of the now-defunct bitcoin exchange Mt. Gox, has been sentenced by the Tokyo District Court. The court convicted him of record tampering but found him not guilty of embezzlement. He received a suspended jail sentence of two and a half years.</strong> Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF …

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Pwc Report Finds STOs ‘Are Not Fundamentally Different From ICOs’

</header> <strong>Pricewaterhouse Coopers (PWC) has published a report in collaboration with Crypto Valley seeking to provide “a strategic perspective” on the initial coin offering (ICO) and security token offering (STO) sectors. The report finds that security tokens “are not fundamentally different from ICOs,” estimating that their combined total raised almost $20 billion during 2018.</strong> Also …

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Tel Aviv Court Gives Moshe Hogeg 30 Days to Settle $4M Lawsuit

</header> <strong>Moshe Hogeg, the co-founder and chairman of venture capital investment fund Singulariteam, and the alleged head of Stox Technologies, has been given 30 days to settle with a Chinese investor. The disgruntled investor has brought a 17 million Israeli new shekels (approximately $4.23 million) lawsuit against Hogeg for allegedly misappropriating several million dollars worth …

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Mexico’s Central Bank Publishes ‘Catch-22’ Rules Impacting Crypto Exchanges

<header class=”article__header”> </header> <strong>The central bank of Mexico has published rules on crypto assets that put crypto exchanges in “a catch-22 type of situation,” the CEO of a local exchange explained to news.Bitcoin.com. They “essentially stipulated that they wouldn’t authorize any cryptocurrency to be offered by regulated financial companies.”</strong> Also read: SEC Chair Explains Key …

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Invesco Blockchain ETF Trading Commences on London Stock Exchange

<strong>Invesco, an American investment management company that is traded on the S&P 500, has launched an exchange-traded fund (ETF) targeting companies operating in the distributed ledger technology sector. The blockchain ETF will track nearly 50 companies that stand to benefit from growth in the distributed ledger technology industry including Taiwan Semiconductor Manufacturing Company and Apple.</strong> …

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