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Billionaire Buffett still denying Bitcoin

Bitcoin and the crypto industry in general continues to grow. From futures, to ETF’s to KFC’s Bitcoin Bucket, there seems to be no stopping virtual currencies. However, crypto critics are still unconvinced, even after the combined market cap for the industry reached a whopping $800 billion just last week. One of the most well-known naysayers, Warren Buffett, is …

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Bitgo Snaps Up Kingdom Trust, Paving the Way for Custodial Cryptocurrency Offerings

Bitcoin payment specialists Bitgo have announced the acquisition of Kingdom Trust, an investment firm with custody of over $12 billion in assets. The move will enable the South Dakota-based Kingdom Trust Company to offer custodial cryptocurrencies such as bitcoin, ripple, and ethereum to its investors. This will make it easier …

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Russia Finalizes Federal Law on Cryptocurrency Regulation

The Russian government is in the process of finalizing the federal law for the regulation of cryptocurrencies and initial coin offerings. The draft law has now been officially published. It regulates the creation, issuance, storage, and circulation of cryptocurrencies. Legal Crypto Definitions The Russian government has officially published the draft federal …

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All Major Korean Cryptocurrency Exchanges Fail Privacy Tests – 30 Days to Improve

The South Korean Communications Commission has conducted a survey of major cryptocurrency exchanges in the country and found them to have insufficient customer data protection. Eight exchanges have been sanctioned, with 30 days to resolve their issues and safeguard their systems. All Major Exchanges Are in Violation The South Korean …

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