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Binance Accused by Chinese State Media of Operating Cryptocurrency Exchange in China
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Binance Accused by Chinese State Media of Operating Cryptocurrency Exchange in China

Chinese state media has reported that Binance is still supporting local users trading cryptocurrency, despite China banning all exchanges in 2017.

Russia Restricts Anonymous Cash Deposits to Online Wallets
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Russia Restricts Anonymous Cash Deposits to Online Wallets

The Russian Government has put strict limits on anonymous deposits made to online wallets. While it is not a complete ban, the initiative by lawmakers is promoted as a step to deter illegal activity such as money laundering and illicit drug transactions and could affect up to 10 million users.

China's Vice President Wang Qishan: World Economy In Deep Recession, Finance Is The Core of Modern Economy
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China's Vice President Wang Qishan: World Economy In Deep Recession, Finance Is The Core of Modern Economy

During Qishan Wang's speech, the Vice President of the People's Republic of China gave an overview of the world trend in economic development and finance.

Central Bank of Nigeria Bans Cryptocurrency Transactions, Says Crypto Breeds Illegal Activities
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Central Bank of Nigeria Bans Cryptocurrency Transactions, Says Crypto Breeds Illegal Activities

The Central Bank of Nigeria (CBN) has once again doubled down on its efforts to ban cryptocurrency transactions stating they are a breeding ground for illegal activities.

Fintech not Big Tech: Square is a Greater Threat to Banks than Google and Amazon
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Fintech not Big Tech: Square is a Greater Threat to Banks than Google and Amazon

A recent survey of 300 senior executives at US-based mid-sized financial institutions found that more than half of bank and credit union executives view Big Tech companies like Amazon and Google as significant threats to the banking industry. Meanwhile only a third believe financial technology (fintech) firms will be a threat in the future, but are they sleeping on Square, Jack Dorsey’s financial technology venture whose stock price recently recorded a 20 month high.

Paxful Exits Venezuela’s P2P Crypto Bitcoin Market Following US Sanctions
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Paxful Exits Venezuela’s P2P Crypto Bitcoin Market Following US Sanctions

Paxful has withdrawn its crypto trading services from Venezuela after the country was classified as high-risk by the Office of Foreign Assets Control (OFAC).

Bitcoin in Africa: Cryptocurrency and P2P Bitcoin Trade Surge Across the African Continent
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Bitcoin in Africa: Cryptocurrency and P2P Bitcoin Trade Surge Across the African Continent

Cryptocurrency adoption and peer-to-peer Bitcoin transactions are on the rise across the African continent. There have been significant advances across Africa for crypto adoption in terms of regulation, trade volume and reported cryptocurrency ownership.

UTXO
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UTXO

UTXO stands for An Unspent Transaction Output. It is one of the key concepts in bitcoin design and it is closed related to modern "payment, settlement, clearance" process in financial system.

Binance Completed Their "Largest Upgrade" in 2 years, What was Improved?
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Binance Completed Their "Largest Upgrade" in 2 years, What was Improved?

Binance upgrades its cryptocurrency exchange platform and says it the biggest upgrade they've done in years.

Are Blockchain and Tokenization the Holy Grail in Eradicating Wealth Inequality?
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Are Blockchain and Tokenization the Holy Grail in Eradicating Wealth Inequality?

Blockchain and tokenization could prove to be ideal in fighting the wealth inequality challenge as they can break the vicious cycle of wealth inequality by prompting ownership of high-performing asset classes. This will enable any person to invest and partially own lucrative assets, such as commercial real estate.

California Man Pleads Guilty to Running Illegal Bitcoin ATMs and Money Laundering
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California Man Pleads Guilty to Running Illegal Bitcoin ATMs and Money Laundering

Kais Mohammad has agreed to plead guilty to federal charges of operating an illegal Bitcoin ATM business that laundered over $25 million.

China's Crypto Adoption is Ahead of the US, According to Chainalysis’ On-Chain Metrics
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China's Crypto Adoption is Ahead of the US, According to Chainalysis’ On-Chain Metrics

Chainalysis recently published a report on the global adoption of cryptocurrencies and found that China is ahead of the US on the list.

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