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The member states of European Union signed a Declaration to establish a European Blockchain Partnership. According to the official website of European Commission, 22 countries have participated in this agreement to create a Digital Single Market that aims to position Europe as the world leader in blockchain industry.
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their official statement.
“Based on all available evidence and information, [it] has concluded that these allegations are untrue and unfounded.”
The exchange further declared that:
“Among the claims under dispute, Bitfinex has not been party to any official investigation launched in any jurisdiction globally on the basis of the allegations reported in the Polish media. This signals that the relevant authorities have found no reason to act upon the claims made against the Bitfinex platform.”
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The Korean blockchain association has come forward to introduce the self-regulatory standards for cryptocurrency exchanges. 23 South Korean exchange operators have agreed to go under the review that will also request banks for new virtual accounts that the banks have yet to issue.
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The Central Bank of Samoa has launched an investigation into the notorious OneCoin cryptocurrency investment scheme, which is a Bulgaria based pyramid scheme. OneCoin has been subject to numerous investigations by multiple countries like Italy, Finland and India.
This pyramid scheme has already been fined with 2.59 million euros by Italy in 2017. Now, the Samoan officials are investigating if the country’s people have been defrauded.
Last week, the governor of Samoa Central Bank, Maiava Atalina Ainu’u-Enari told the Samoa Observer, “[OneCoin] is a snare that is used to catch people’s money.” It has also been reported by the local media that Samoan church ministers might be a part of this scheme as well though there is no clarity on the same.
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A class action lawsuit has been filed against the Nano and its core team by a US law firm in behalf of the investors that alleges Nano of violating the federal security laws for unregistered selling of securities and leading investors to the exchange, BitGrail which suffered a hacking attack to lose million of XRB ( nano cryptocurrency ) in February 2018.
A cryptocurrency investor law firm in the USA has filed a class action lawsuit against Nano (previously known as RaiBlocks (XRB) on behalf of Nano investors in the United States District Court, Eastern District of New York.
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We could expect another fall of bitcoin's price in the coming week whether we like it or not because India had a lot of people who are engage in crypto and also own cryptocurrency. I guess they are now on a silent mode and monitoring the news and waiting what would happen in the coming days.
outside india no one cares. india counts for nothing in this market. volumes are negligible. there are no significant indian services. no development comes out of there. no one there is mining. we may miss it in the future, but then again you can't miss what you never had. They may have a small contribution for now but u cant deny that ,with such a huge mass they have a great potential to b a big contributer in future. and if they are banned from using it ,it will certainly send a bad message in other countries for sure
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What if they dont overturn the decision. how would they withdraw their fiat?
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The central bank of India (RBI) today, directed all the regulated bodies to not to provide services to any individual and business entities that use or deals in virtual currencies within a specified time period i.e. about 3 months.
RBI bans regulated entities to deal with crypto users Reserve Bank of India (RBI) has barred the regulated entities including banks from providing services to any individual or business entity that deals with virtual currencies.
Today has been the first bi-monthly Monetary Policy Statement of 2018-19 of RBI, where the central bank has given a 3 months period to sever their ties with the entities using virtual currencies.
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With the rise in the cryptocurrency and ICO market, crypto exchanges, which are integral to the market’s liquidity are also on an upward trend. Recent reports suggest that these exchanges charge anywhere between $1 to $3 million to list a token.
Crypto exchanges charges $50k-$3M, while Nasdaq charges $55k In today’s crypto world, crypto exchanges play an extremely important and popular role. A registered exchange, on its way to create the path to liquidity rolls in money. For instance, one of the fastest growing crypto exchange Binance raised around $2 billion in just about six months.
Cryptocurrency exchanges have various ways to earn money among which listing the tokens of an ICO (initial Coin Offering) is one such lucrative option. For a token to be listed on an exchange, it would cost one somewhere around $50,000 to $3 million.
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if you want to stay updated with crypto related news then you can follow COINGAPE : https://t.me/coingape
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it was about time that the crypto community stand for themselves.
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1.Consensus: A highly anticipated Coindesk crypto event 2.SEC’s approval on crypto-based ETFs 3.Putting a hard cap on Ethereum (ETH)
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