Coinsource Receives First BitLicense to Operate Bitcoin ATMs in New York

The world’s largest bitcoin ATM company has finally received official approval to operate in New York. They had previously been operating in New York almost since the company’s inception via a provisional license. Last year, they received coverage in the New Yorker and have frequently been in the news with word of new ATMs across The post Coinsource Receives First BitLicense to Operate Bitcoin ATMs in New York appeared first on CCN

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Blockchain Industry on Track for Nearly 150 Mergers & Acquisitions in 2018

The prolonged cryptocurrency bear market has seen a substantial number of organisations finding new opportunities for growth via consolidations and acquisitions. According to a CNBC report, investors are seeking more and more deals within the blockchain space, even in the face of declining or stagnant crypto prices. Despite market volatility and a peak-to-trough bitcoin price decline of The post Blockchain Industry on Track for Nearly 150 Mergers & Acquisitions in 2018 appeared first on CCN

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Coinbase Forms Political Action Committee Amid Uncertain Regulatory Climate

Coinbase has become the first crypto industry organisation in the USA to form a Political Action Committee (PAC). This was revealed on July 20 in a filing by the United States Federal Election Commission (FEC). The move is the latest in a series of bold moves by the crypto exchange and wallet provider as it The post Coinbase Forms Political Action Committee Amid Uncertain Regulatory Climate appeared first on CCN

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Coinbase Walks Back Claim That SEC Approved Trio of Acquisitions

Cryptocurrency exchange and brokerage giant Coinbase has walked back a claim that it had received explicit approval from the U.S. Securities and Exchange Commission (SEC) to acquire three companies as part of its future plans to list cryptocurrencies that are deemed securities under federal regulations. As CCN reported, the San Francisco-based company had announced earlier The post Coinbase Walks Back Claim That SEC Approved Trio of Acquisitions appeared first on CCN

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Research Suggests Tether Has Banking Relationship with Puerto Rico-based Noble Bank

New research suggests that cryptocurrency startup Tether — creator of dollar-pegged stablecoin USDT — has a banking relationship with Puerto Rican financial institution Noble Bank. On Monday, BitMEX Research published a report examining newly-released data related to Puerto Rico’s financial system for the calendar year ended 2017. This data — which was published by Puerto The post Research Suggests Tether Has Banking Relationship with Puerto Rico-based Noble Bank appeared first on CCN

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Circle’s Coinbase-Like Cryptocurrency Investing App Enters Closed Beta

Fintech startup Circle’s Coinbase-like cryptocurrency investing app “Circle Invest” has entered a closed beta. It’s not clear exactly when the Circle Invest beta opened, but users began reporting that they had received invitations on March 6. I received my invitation the next day, at which time Google Play indicated that roughly 100 users had downloaded The post Circle’s Coinbase-Like Cryptocurrency Investing App Enters Closed Beta appeared first on CCN

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