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Muhammad bin Ibrahim, governor of Bank Negara Malaysia (BNM), told reporters at a symposium on September 19 that the institution wants to develop rules for those trading and exchanging cryptocurrencies. That process would also involve the reinforcing of existing regulations on money laundering and terrorism financing, he said, according to regional news source Free Malaysia
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News of strict regulations coming out of China has been all the talk in the crypto world over the past two weeks. Cryptos sold off across the board, and the total market cap dropping nearly 40% from an All-Time high of $179.8 billion. Open to American Buyers Recently, a leading developer of blockchain-based distributed applications,
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A major supermarket chain in South Africa, Pick n Pay, has started a trial to accept bitcoin payments in-store at its head office location. A payment technology company named Electrum provides the payments platform, with bitcoin exchange Luno providing the Bitcoin payment infrastructure. Pick n Pay Trials Bitcoin Payments ” In what is potentially a
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It’s been over forty-eight days since the hard fork, and the Bitcoin Cash (BCH) network is alive and well. Five Different Development Teams Are Working With the Bitcoin Cash Project As the blockchain’s days continue, BCH developers have been revealing the upcoming plans to improve the cryptocurrency’s protocol. Discussions revolving around bitcoin cash development shows
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Pictures of “Technical Preplan on Blocking Bitcoin overseas Transaction” were circulated in Wechat group and later posted on weibo around 18pm 16 September. The document describes the preplan of blocking bitcoin exchanges and Bitcoin blockchain data-syncing, along with a list of overseas exchanges. The news caused panic sell, a daily low of 16,661 was observed
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Blockchain technology allows us to push the boundaries of what we thought was once possible. The combination of blockchain technology with other technologies and experiences, allows us to transform online interaction. The Deep aims to do this using an unprecedented concept: A blockchain-powered virtual world. This world will have all the characteristics of a blockchain-based project, combined
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