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Strike App Won’t Support Bitcoin in Argentina

Strike App Won’t Support Bitcoin in Argentina

One Argentinian user, Nicolás, told CoinDesk the app can receive bitcoin payments but immediately converts the cryptocurrency to USDT. He said the Strike wallet only holds USDT. Another Strike user in Argentina, Adam, tweeted that the app was “a disappointment,” describing the app as a custodial wallet that works only with tether under Ethereum’s ERC-20 …

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Banks Won't Rush to Hold Crypto – But OCC's Regulatory Approval Makes It Harder to Ignore

Banks Won’t Rush to Hold Crypto – But OCC’s Regulatory Approval Makes It Harder to Ignore

The Office of the Comptroller of the Currency (OCC), a federal banking regulator in the U.S., is rapidly expanding crypto awareness on Capitol Hill. The OCC published an interpretive letter Wednesday announcing that in its view, nationally chartered banks are able to provide custody services for cryptocurrencies, a move that the industry widely praised as …

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Crypto-friendly CFTC commissioner Quintenz won’t seek re-nomination after term expires this month

Crypto-friendly CFTC commissioner Quintenz won’t seek re-nomination after term expires this month

Brian Quintenz, the crypto-friendly commissioner at the Commodity and Futures Trading Commission (CFTC), will leave his post later this year following the completion of a five-year statutory term. Quintenz has a financial management background and founded investment firm Saeculum Capital Management in 2013. He was nominated by President Barack Obama to take the post of …

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Bitcoin's Recent Recovery Won't Salvage a Terrible Month for Prices

Bitcoin’s Recent Recovery Won’t Salvage a Terrible Month for Prices

While bitcoin has climbed sharply from recent lows below $4,000, it’s still on track to end March with a double-digit price loss. The top cryptocurrency by market value is currently trading near $6,440, representing nearly a 68 percent rise from the low of $3,867 registered on March 13. Even so, prices are still down 24 …

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