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NYAG says it will take action if crypto businesses don't 'play by the rules'

NYAG says it will take action if crypto businesses don’t ‘play by the rules’

New York Attorney General (NYAG) issued a stern warning on Monday to crypto firms in the state: “you either play by the rules or we will shut you down.” She also warned investors that the crypto market carries “extreme risks.” In a statement, Attorney General Letitia James says she’s committed to “leveling the playing field” …

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Industry startups cheer the OCC’s crypto custody move, but don’t bet on big banks jumping into bitcoin just yet

Industry startups cheer the OCC’s crypto custody move, but don’t bet on big banks jumping into bitcoin just yet

Quick Take The U.S. Office of the Comptroller of the Currency has opened the door for banks under its regulatory remit to offer crypto custody services. Industry startups cheered the move and pointed to potential business opportunities for the sector. Experts say the real beneficiaries will be small and medium banks — big banks not …

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Don't rule out retail investors just yet

Don’t rule out retail investors just yet

The Bitcoin community has juggled multiple reports and speculations over the past few weeks, all regarding Grayscale’s BTC accumulation, a development that in the minds of many, represents the rise of institutional investors. However, hypnotized by developments such as these, people tend to forget about the market’s reliance on retail investors just a few months …

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Cardano & ETC's performances don't scream 'altcoin season' yet

Cardano & ETC’s performances don’t scream ‘altcoin season’ yet

May 2020 can be identified as a month of two halves. During the start of the month, the bullish narrative surrounding Bitcoin was tremendous. The world’s largest digital asset had recovered a majority of its losses suffered during the month of March and April, setting the crypto-asset up for a pre or post-halving pump. However, …

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Though Polkadot is live, DOT tokens don't technically exist yet...

Though Polkadot is live, DOT tokens don’t technically exist yet…

In what is the latest project the crypto-community has taken a fancy to, the much-anticipated Polkadot project has gone live. The brainchild of Gavin Wood, co-founder of Ethereum and one of the authors of Solidity, went live today after the project announced that it had launched “CC1,” Polkadot’s first chain candidate that might as well …

Though Polkadot is live, DOT tokens don’t technically exist yet… Read More »