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Crypto Recap July 5: South Korea Will Officially Legalize Cryptos

Author: CoinLive News Team Jul 6, 2018 at 05:37

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South Korea Will Officially Legalize Cryptocurrency and Blockchain-Based Industries

South Korea plans to categorize cryptocurrency exchanges as legal entities in a move that will lay a solid and formal foundation for the legitimacy of crypto and blockchain technology.

IBM Signs $740 Million Deal With Australian Gov’t to Use Blockchain for Data Security

IBM has signed a five-year AU$1 billion ($740 million) deal with the Australian government to use blockchain and other new technologies to improve data security, Bloomberg reports Thursday, July 5.

YouTube Added as Defendant in Class Action Lawsuit Against BitConnect

According to court documents filed July 3, YouTube has been added as a defendant in a class action lawsuit against BitConnect.

Dutch Speed Trading Firm Enters Crypto Market Despite Regulator’s Warnings

Amsterdam-based speed trader Flow Traders NV has entered the cryptocurrency market despite the warnings of the Dutch Authority for the Financial Markets (AFM) ...

The EU's Biggest ETF Firm Expands Into Crypto Products

Europe's largest trader of exchange-traded funds (ETFs) is now entering the crypto world.

India's Ruling Party Accused of Involvement in 'Mega Bitcoin Scam'

The Indian National Congress (INC) party, the largest political party in the nation, is accusing the ruling Bharatiya Janta Party (BJP) of money laundering through bitcoin.

Bittrex and Partner on New Crypto Trading Platform

Bittrex, a U.S.-based cryptocurrency exchange platform, and, a fintech startup based in London, are set to launch a new EU-focused crypto trading platform.

Up 50%: Ethos Rallies Big After Crypto Wallet Launch

Gravity-defying might be the best way to describe the "ethos" token market this week.

‘Stop Trying to Create Money!’: BIS Chief Carstens on Cryptocurrency

No, that’s not a direct quote, but it more or less sums up international banking chief Agustín Carstens’ thoughts on cryptocurrency, both as a technological development and an economic pursuit.



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