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Cryptocurrency News

Location American Cryptocurrency News for 23 July 2020
Crypto Scammer on the Prowl as YouTube and Twitter Become Central to Bitcoin Scams Bitcoin giveaway scammers are getting away with Bitcoin.
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South Korea to Charge 20% Tax on Bitcoin Profits Under New Law South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation po...
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China Might Introduce Blockchain Standards for Financial Firms China could be on the verge of introducing nationwide blockchain standards to govern the nation's financial organizations, per a new report. According to media outlet Caixin, an unnamed "authoritative" source stated that...
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Signature Bank's Crypto Deposits Grew $1B in Q2

Coin Desk - 23 Jul 2020 22:35
Out of the nearly $8 billion in deposit growth that Signature Bank saw in the second quarter of 2020, $1 billion was raked in by the firm's digital assets team.
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Bitcoin is making gains, Ethereum's DeFi value grows. (CoinDesk)
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It Might Be 'too Early to Celebrate' Russia's New Crypto Law Russia's new crypto legislation was finally approved this week, after a delay of over two years - but it might be that the true battle for crypto regulation in the country is yet to begin. A local expert has hinted that ...
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US Takes Down $25 Million Bitcoin ATM Operation, Seizes 17 Machines The U.S. government has taken down a $25 million bitcoin ATM operation and seized 17 machines along with some cryptocurrencies. The Department of Justice says the man behind this unlicensed bitcoin ATM operation has agre...
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Bitcoin Rallies 5% as US Regulator Greenlights Bank Crypto Custody Bitcoin price surged 5% to $9,664 less than 24-hours after the Office of the Comptroller of the Currency announced U.S. banks can provide crypto custody services.
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We asked four expert cryptographers about Craig Wright's "cryptographic evidence" that he is Bitcoin's creator Satoshi Nakamoto. They aren't buying it.
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Will Big Tech Enable or Destroy Small Business?

Coin Desk - 23 Jul 2020 21:00
More than 50% of COVID-19 related business closures in the US are now permanent. Can tech platforms provide a new avenue for small biz entrepreneurship?
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Wyoming's crypto-friendly Avanti Financial expects to open its doors this October with a new bank-issued digital asset, the Avit.
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Arca's Digital Assets Fund is beating the S&P, crypto indices and bitcoin's price.
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Steve Wozniak Sues Youtube, Google for Promoting Bitcoin Giveaway Scam -- Youtube Denies Fault Apple co-founder Steve Wozniak and 17 other victims have sued Youtube and Google for allowing, promoting, and profiting from bitcoin giveaway scams. However, Youtube insists that it is not at fault for scammers using its...
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Tezos, Litecoin, Elrond Score Victories, Ant Group's AntChain + More News Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news. Crypto adoption news BitGo, a major digital asset financial services...
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English Football Club Hit With Multi-Million Dollar Ransomware Attack Cybersecurity authorities in the UK warned that ransomware could threaten the sports sector.
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The video sharing giant filed a motion to dismiss Ripple's lawsuit that alleges that YouTube did not do enough to stop free XRP giveaway scams, copyright infringement.
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The FSB, Russia's security agency, wants blockchain companies to certify with them. This could push foreign companies out of the market
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Visa said crypto is part of "the future of money," members of the U.S. Senate think the dollar should go digital and OCC will allow banks to custody crypto.
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Binance has partnered with licensed German investment firm CM-Equity to offer crypto asset management and brokerage services in Germany and Europe.
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Bitcoin News Roundup for July 23, 2020

Coin Desk - 23 Jul 2020 18:00
With BTC finally breaking out and ETH up even more, CoinDesk's Markets Daily is back with another crypto news roundup.
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Cambrian has landed $4 million of operating capital from high-flying technology and finance investors to help run its $25 million data-driven crypto-trading fund.
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Ether is struggling to extend Wednesday's price rally amid increased inflow of ether onto cryptocurrency exchanges.
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