China’s Congress Passes Cryptography Law, Effective Jan. 1, 2020

China’s Congress Passes Cryptography Law, Effective Jan. 1, 2020

The Standing Committee of the 13th National People’s Congress in China passed a cryptography law on Saturday that will be effective on January 1, 2020,…

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IRS Followed Bitcoin Transactions, Resulting In Takedown Of The Largest Child Exploitation Site On The Web

IRS Followed Bitcoin Transactions, Resulting In Takedown Of The Largest Child Exploitation Site On The Web

The largest dark web child pornography site in the world has been taken down. That was the word today from the U.S. Attorney’s Office for…

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US Man Pleads Guilty to Running $25 Million Bitcoin Laundering Scheme

US Man Pleads Guilty to Running $25 Million Bitcoin Laundering Scheme

A Los Angeles man has pleaded guilty to running a $25 million Bitcoin (BTC) money laundering scheme and selling methamphetamine. Possible life sentence News outlet…

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Hong Kong Businesses Begin Adopting Bitcoin as a Form of Protest

The pro-democracy, anti-government protest movement in Hong Kong is spurring wider adoption of cryptocurrencies such as Bitcoin (BTC). Yahoo! Finance reported on Aug. 28 that…

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Facebook-Owned WhatsApp Looks to Launch Digital Payments in Indonesia

Facebook-Owned WhatsApp Looks to Launch Digital Payments in Indonesia

Facebook-owned messaging service, WhatsApp, is purportedly in preliminary talks with multiple digital payments firms as well as a state-owned bank to launch digital payment services…

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US lawmakers troubled by Facebook's Libra due to 'pattern of failing to keep consumer data private'

US lawmakers troubled by Facebook’s Libra due to ‘pattern of failing to keep consumer data private’

US lawmakers in a hearing at the House Committee on Financial Services on Wednesday expressed widespread mistrust of Facebook’s cryptocurrency plan, saying the company’s attempt…

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Hacked Bitpoint Exchange Finds $2.3M in Stolen Crypto

Hacked Bitpoint Exchange Finds $2.3M in Stolen Crypto

Japanese cryptocurrency exchange Bitpoint has discovered over 250 million yen ($2.3 million) in cryptocurrency — part of a $32 million sum that was stolen last…

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Indian Authorities Arrest 4 Individuals Accused of Crypto Ponzi Scheme

Indian Authorities Arrest 4 Individuals Accused of Crypto Ponzi Scheme

The Criminal Investigation Department (CID) of India has arrested Vijay Prajapati, Dhiraj Patel, Kamruddin Syed, and Ashiq Shaikh, the alleged creators of the cryptocurrency KBC…

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Chair of House Financial Services Committee Requests Halt on Facebook’s Crypto Project

Chair of House Financial Services Committee Requests Halt on Facebook’s Crypto Project

Rep. Maxine Waters, chairwoman of the United States House of Representatives’ Financial Services Committee is requesting that Facebook halt development on its cryptocurrency, the Libra,…

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Facebook to Unveil ‘Libra Association’ and Launch Testnet Next Week: Report

Facebook to Unveil ‘Libra Association’ and Launch Testnet Next Week

Social media giant Facebook will unveil the Libra Association, which will operate its bespoke cryptocurrency Libra, on June 18, cryptocurrency news outlet The Block reported…

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