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Christopher Giancarlo Heads Digital Dollar Promotion Center

Christopher-Giancarlo-Heads-Digital-Dollar-Promotion-Center Christopher Giancarlo | Former Chairman of the CFTC

Former Chairman of the Commodity Futures Trading Commission (CFTC) Christopher Giancarlo announced the creation of the Digital Dollar Foundation.

Giancarlo said that a non-profit organization will study the possibilities and prospects of "converting" the US dollar into electronic currency on the blockchain, as well as explore the potential benefits of a "digitized" dollar.

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The United States has lost leadership in the volume of transactions in Bitcoins

USA-has-lost-leadership-in-Bitcoins The United States has lost leadership in the volume of transactions in Bitcoins

For the first time since 2013, the United States has lost leadership in the volume of transactions in Bitcoins. In 2019, transactions with the first cryptocurrency in the amount of $ 8.58 billion were made in Singapore, and only $ 7.46 billion in the United States.

At the same time, according to Crystal Blockchain, an analytical website, Singapore became the leader in accepting transfers in the first cryptocurrency, and in the withdrawal of Bitcoins, the island state of Seychelles, where the BitMEX cryptocurrency derivatives exchange is registered, took first place. Bitcoin worth $ 10.07 billion was sent from there.

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Iranian President proposes to create cryptocurrency for Islamic countries

Hassan-Rouhani-cryptocurrency-for-Islamic-countries Hassan Rouhani | Iranian President

Iranian President Hassan Rouhani proposed creating a cryptocurrency that would be used in Islamic countries as an alternative to the US dollar.

At a conference in Malaysia, Rouhani stated that Islamic countries need to strengthen financial cooperation to counter the "financial hegemony of the United States." He called the US economic sanctions "the main tool for establishing its hegemony and mockery of other nations."

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Nassim Taleb: Bitcoin wins in comparison with state currencies

Nassim-Taleb-Bitcoin-wins Nassim Taleb | The famous American economist and trader

The famous American economist and trader Nassim Taleb remains optimistic about cryptocurrencies and believes that Bitcoin "wins" in comparison with state currencies.

Taleb said that citizens of some countries, such as Lebanon, "lost faith" in state banking systems, so no one should ignore cryptocurrencies, as well as the history of Bitcoin and blockchain.

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The total number of crypto ATMs in the world has reached 6,000 devices

The-total-number-of-crypto-ATMs-in-the-world-has-reached-6000 The total number of crypto ATMs in the world has reached 6,000 devices

According to CoinATMRadar, the number of active crypto ATMs worldwide has exceeded 6,000 for the first time. Of these, three quarters of the devices are located in the United States and Canada.

According to recent data, there are currently 6,004 crypto ATMs installed in the world, more than 65% of which are located in the United States. In addition, 108 devices were installed this month, and data also shows that on average around 11 new crypto ATMs are installed daily in the world.

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Heath Tarbert: Ethereum futures will appear in 2020

Heath-Tarbert-Ethereum-futures Heath Tarbert | Head of CFTC

Heath Tarbert, chairman of the U.S. Commodity Futures Trading Commission (CFTC), believes that Ethereum futures will be launched as early as next year.

During his speech at Georgetown University, Tarbert expressed the view that air futures will appear within 6-12 months, however, the launch of such products does not mean an immediate growth in the cryptocurrency industry.

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Hester Peirce: Digital assets become much more the money of the internet

Hester-Peirce-much-more-the-money-of-the-internet Hester Peirce | SEC Commissioner

Speaking at a cryptocurrency summit hosted by Solidus Labs in New York, SEC Commissioner Hester Peirce expressed confidence that digital assets will continue to grow.

Peirce said that she looks at cryptocurrencies and other digital assets as "transactional mechanisms." At the same time, she believes that the function of preserving wealth is one of the most important for this kind of asset.

"Store of value, I think, is a really important function. I do think that we'll see as technology changes, that they become much more the money of the internet," said a member of the US Securities and Exchange Commission.

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ICORating will pay SEC a penalty for failure to disclose payments for positive reviews on ICO

ICORating-will-pay-SEC-a-penalty ICORating | Russian analytical firm

The US Securities and Exchange Commission (SEC) fined Russian analytical firm ICORating for not reporting payments for positive feedback on various ICO projects.

The analytical company ICORating is engaged in evaluating investments in ICO projects. It includes team members of well-known cryptocurrency projects, for example, NEO.

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US Treasury Secretary: US regulators are developing new rules for cryptocurrency

US-Treasury-Secretary-new-rules-for-cryptocurrency Stephen Mnuchin | US Treasury Secretary

According to US Treasury Secretary Stephen Mnuchin, there is every reason to develop new regulations for cryptocurrency by US regulators.

Over the past few years, the presidential administration has almost completely ignored cryptocurrencies. However, Donald Trump's recent statements about Bitcoin, as well as Facebook's announcement of Libra cryptocurrency project, give a reason to assume that the regulator intends to tackle digital money in order to limit its negative impact on the financial system.

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Tim Hockey: Bitcoin has become more interesting for traders

Tim-Hockey-Bitcoin-has-become-more-interesting Tim Hockey | CEO of the TD Ameritrade

The CEO of the American brokerage company TD Ameritrade Tim Hockey said that Bitcoin has become much more interesting for traders.

"Customers often ask about Bitcoin, but in the US there are significant regulatory obstacles in order to provide the customer with the opportunity to trade cryptocurrencies. We would be glad to participate in this, but we need to make sure that risks for our clients and ourselves are insignificant," said Hockey in an interview.

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US FTC: “If you raise money by crowdfunding … use the money to work on your idea …”

Andrew-Smithf-FTC Andrew Smith | Director of the Consumer Protection Bureau of FTC

The US Federal Trade Commission (FTC) sued a startup that promised crowdfunding participants a smart backpack, but instead spent money to buy BTC and pay for credit cards.

The lawsuit states that Douglas Monahan and his company iBackPack of Texas raised $ 800,000 to "develop several products," including a smart backpack with batteries for charging phones and laptops. However, instead of releasing the iBackpack, as the FTC claims, Monahan was spending money "on personal goals." The commission also claims that Monahan threatened displeased customers on the Internet.

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Kelly Loeffler: “Bakkt launch day is approaching”

Kelly-Loeffler-Bakkt-launch-day-is-approaching Kelly Loeffler | Head of Bakkt

The head of Bakkt, the platform for institutional clients, Kelly Loeffler: "race day" is nearing, the platform is waiting only for approval of an application from the Commodity Futures Trading Commission (CFTC).

Initially, it was expected that the Bakkt platform would be launched at the beginning of this year, but the start was postponed due to the lack of approval by the company from US regulators. However, the company's management still believes in the launch of the platform already this year.

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Tom Lee: "the price of Bitcoin should be at around $ 14,000"

Tom-Lee-price-of-Bitcoin-should-be-at-around--14000 Tom Lee | Co-founder of Fundstrat Global Advisors

Tom Lee, co-founder of the US research company Fundstrat Global Advisors, expressed the opinion that the price of Bitcoin should be at around $ 14,000.

Lee also said that the old Bitcoin whales returned to the market and began a mass buying up of the first cryptocurrency due to the changing mood in the industry.

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Patrick Byrne: Blockchain revolution «bigger than the Gutenberg press»

Patrick-Byrne-Blockchain-revolution Patrick Byrne | Head of Overstock

The head of the American retail giant Overstock Patrick Byrne emphasized the blockchain's potential in the economy and said that in the future the invention of this technology would be equated with the creation of the Internet.

According to Patrick Byrne, the blockchain revolution we are currently seeing will be more important for future generations than the invention of the first printing press or the creation of the Internet.

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CFTC Chairman: “the blockchain is able to prevent the global financial crisis”

CFTC-Chairman-the-blockchain-is-able-to-prevent-the-global-financial-crisis Christopher Giancarlo | CFTC Chairman

Blockchain could change the financial world during the global financial crisis in 2008.

This opinion was expressed by the Chairman of the US Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, speaking at the fourth annual DC Blockchain Summit in Washington. According to him, the use of the blockchain would change the response of the regulators at that time.

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US SEC recalled the guidelines on primary token allocation

US-SEC-recalled-the-guidelines-on-primary-token-allocation US SEC recalled the guidelines on primary token allocation

The US Securities and Exchange Commission (SEC) recalled the guidelines on primary token allocation (ICO) on its Twitter account. The dedicated section of the regulator's website lists five aspects of the ICO that consumers should be aware. In addition, the SEC has posted information for investors and marketing specialists in the section.

The information has been on the site since last year, but the SEC decided to draw attention to it on social networks this weekend amid ongoing debates about regulating the industry. This material is notable for the fact that the SEC explains its principles regarding ICO in accessible language - it is much easier for all interested parties to familiarize themselves with the information in this format.

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US Department of Homeland Security is going to track cryptocurrency transactions

ICO-NEWS-US-is-going-to-track-cryptocurrency-transactions Kirstjen Nielsen | Secretary of Homeland Security

The Department of Homeland Security (DHS) is investigating the possibility of tracking cryptocurrency-oriented transactions.

A preliminary tender document published by representatives of the DHS Small Business Innovation Research Program discusses the possibility of using cryptocurrency transactions. Although the document emphasizes the possibility of using cryptocurrencies at both commercial and state levels, special attention is paid to analyzing anonymous cryptocurrencies that are used by criminals.

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Former head of the US Federal Reserve received a bit of Bitcoin as a gift

ICO-NEWS-Former-head-of-Fec-received-Bitcoin Janet Yellen | Former head of the US Federal Reserve

Former head of the US Federal Reserve Janet Yellen, known for her extreme skepticism about cryptocurrency, unexpectedly for herself became the owner of a small part of Bitcoin, having received it as a gift.

It is reported that the founder of the Bitcoin-gift service Biterica Raz Suprovichi sent Yellen 0.0031642 BTC (approximately $ 20) via her email address at the University of Berkeley.

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