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Author Archives: Top News Editor

Texas Issues Cease-and-desist Order Against Crypto Firm DavorCoin

Texas State Securities Board has issued an emergency cease-and-desist order against cryptocurrency trading company DavorCoin, which is offering investments in a cryptocurrency lending program. It is the fourth such restriction order that the Texas authorities are issuing in just over ...

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Bitcoin Trades Below $6,000 Briefly, Lowest In 3 Months

Bitcoin plunged to its lowest price in three-months Tuesday, when global mainstream markets also witnessed a collapse across the board. At one stage the most popular digital currency briefly fell below $6,000 to its lowest since mid-November, according to CoinDesk. ...

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Crypto Daily RoundUp – Feb. 6

Bitcoin’s free fall continues and its price fell below $6,000 early Tuesday as the curbs and regulations on cryptocurrencies rise. But this did not alarm Singapore’s de facto central bank, which said that there was no need to ban cryptocurrency ...

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Australia Keeps Rate Unchanged

Australia’s central bank maintained its key interest rate at its first meeting of the year and remained upbeat about growth prospects despite slow household income growth. The board of the Reserve Bank of Australia, governed by Philip Lowe, maintained the ...

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Japan’s Peach To Accept Bitcoin For Airline Tickets

Peach Aviation Ltd. has denied reports that it shelved plans to accept bitcoin as payment for airline tickets. The leading Japanese low-cost airline had announced in May that it would accept bitcoin through a partnership with Japanese cryptocurrency exchange, Bitpoint ...

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Crypto Ads ‘disappear’ From Chinese Social Media

China’s major social media networks and search engines reportedly do not appear to be publishing paid adverts for cryptocurrency-related products or companies. South China Morning Post quoted Weibo as saying that it does not currently allow advertising relating to cryptocurrencies, ...

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Crypto Daily Roundup – Feb. 5

Major banks are concerned over their customers buying cryptocurrencies using credit cards and some has banned the practice. Mimicking Facebook’s move, Chinese social media website have shunned cryptocurrency-related advertisements. And India continues to talk tough on cryptocurrencies, even refusing to ...

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