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Trump’s Trade War May Be Driving Chinese Investors to Bitcoin

As the Chinese yuan falls in value due to factors like the ongoing trade war with the U.S., there are signs that locals are increasingly moving funds into bitcoin. According to a Bloomberg analysis of prices over 30 days, the negative correlation between the yuan and bitcoin has fallen to a record low in the …

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US and Poland agree to rigorously evaluate foreign 5G equipment

Sponsored Links JANEK SKARZYNSKI via Getty Images The US and Poland declared today that suppliers of 5G network equipment should be rigorously evaluated for foreign government control. Vice President Mike Pence and Polish President Andrzej Duda signed an agreement to tighten guidelines of 5G network security, The Wall Street Journal reports. The deal didn’t name …

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US Lawmakers to Discuss Facebook Libra on Swiss Visit: Report

A delegation of U.S. lawmakers is set to discuss Facebook’s Libra cryptocurrency project with the Swiss data privacy chief when they visit the country this week. Local news source NZZ am Sonntag said Saturday that a six-member group from the U.S. House of Representatives’ Financial Services Committee plans to meet Adrian Lobsiger, the Swiss Federal Data Protection and Information Commissioner, to …

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The Most Important Aspect of Bitcoin Is the Separation of Money and State

<header class=”article__header”> </header> <strong>Many cryptocurrency supporters believe the technology allows for the separation of money and state in a manner that’s never been seen before. Governments inflict two forms of robbery against nonviolent citizens by forcing them to pay taxes while also stealing from them silently through inflation. Now there’s a wide array of digital …

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Binance’s US Arm to Go Live ‘Within Two Months’

The dedicated U.S. arm of cryptocurrency exchange Binance will go live by November, according to Binance’s CEO. Changpeng “CZ” Zhao told Cheddar in an interview on Wednesday that, while the situation is still “in flux,” he expects the new platform would go live in “a month or two.” Due to uncertainties over the U.S. regulatory situation, Binance …

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Blockchain Firm Settles With SEC Over Unregistered $6.3 Million SAFT

A healthcare-focused blockchain firm has settled charges with the U.S. Securities and Exchange Commission (SEC) over its 2017 ICO. The SEC said on Monday that New England-based SimplyVital Health, Inc. raised around $6.3 million in ether (ETH) via a pre-sale of its HLTH tokens to fund a touted “healthcare-related blockchain ecosystem” called Health Nexus. The pre-sale was notably offered …

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SEC Commissioner: US Could Draw Crypto Policy From These Countries

<header class=”article__header”> </header> <strong>The U.S. Securities and Exchange Commission (SEC) could learn from other countries when finalizing its own crypto regulation, Commissioner Hester Peirce explains. While highlighting peculiar and notable features of the U.S. system, the commissioner emphasizes cross-border considerations, detailing applicable crypto frameworks of several countries.</strong> Also read: G20 Leaders Issue Declaration on Crypto …

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Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto

<header class=”article__header”> </header> <strong>On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description explains the coin could be used outside of …

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Crypto Exchange CEX.IO Expands US Service to Cover 31 States

Cryptocurrency exchange CEX.io now operates in 31 U.S. states and the District of Columbia. Since launching a U.S. office early in July, the London, U.K.-based firm says its compliance team has been working with regulators to satisfy the required checks and audits and be granted money transmitter licenses in the new states. Following that effort, the company …

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Trump announces more tariffs on goods made in China

Sponsored Links Michael Macdonald / EyeEm via Getty Images The US plans to add more tariffs to Chinese imports starting September 1st. President Donald Trump made the announcement on Twitter, stating the nation would impose a 10 percent tariff on $300 billion worth of Chinese goods, in addition to an existing 25 percent tariff on …

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