Sweden’s Central Bank Warns of Scammers Selling National Cryptocurrency ‘e-krona’

Sweden’s reserve bank has warned that the individuals and firms purporting to sell the electronic version of the national currency, the e-krona, are fraudsters as the digital currency project ‘has not been concluded’. According to Riksbank, ‘no decision has been taken on issuing e-kronas’ and therefore claims to the contrary were false. Riksbank pointed out

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Crypto Mining Giant Canaan Eyes New York IPO After Hong Kong Snub

The world’s second-largest manufacturer of cryptocurrency mining hardware, Canaan Creative, is now considering going public in the United States rather than in Hong Kong, Bloomberg reports. According to sources who spoke to the business publication, the ASIC manufacturer is looking into the possibility of holding its initial public offering (IPO) in New York in the

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‘Too Early’ for Central Bank Digital Currency: India Shelves Plans for a Crypto Rupee

Plans to issue a state-backed cryptocurrency in India have stalled, months after the country’s central bank gave indications that it was considering the idea. According to The Hindu Business Line, the government is no longer interested in the state-backed digital rupee. Citing a source, the report by the publication indicated that the idea of a

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India Could Legalize Cryptocurrency as Government Panel Mulls Strict Regulations

HODLers in India have a reason to smile in the New Year as holding cryptocurrencies in the country could soon be legalized. According to The New Indian Express, a government committee has already met twice on the matter and a report is likely to be submitted to the country’s Ministry of Finance next month. Per

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China’s Weak Economy Gives US Upper Hand in Trade War: Trump Admin

China’s well-known fears of social instability as a result of worsening economic conditions could be used to the advantage of the United States in the trade negotiations, U.S. Commerce Secretary Wilbur Ross has indicated. This comes as trade talks between the world’s two biggest economies entered a new stage on Monday in Beijing. Speaking to

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New York Governor Cuomo Signs Bill Paving Way for First US Crypto Task Force

The state of New York has created a cryptocurrency task force following the signing of a digital currency study bill by Governor Andrew Cuomo. This was announced by New York State Assemblyman and the chair of the subcommittee on internet and new technologies, Clyde Vanel, who commented that the task force would benefit both the

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Japan’s Financial Watchdog Might Approve Cryptocurrency ETFs After Saying No to Futures

The Financial Services Agency of Japan is considering approving exchange-traded funds which track digital assets, Bloomberg reports. According to sources who confided in Bloomberg, the financial regulator is at the moment gauging sector interest in exchange-traded funds tracking cryptocurrencies. This comes less than a month since the financial watchdog put aside plans for cryptocurrency futures.

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Shots Fired: Craig Wright Calls Bitcoin Evangelist Andreas Antonopoulos ‘Sh*tcoin Expert’

Self-declared creator of bitcoin, Craig Wright, has taken to Twitter to brand bitcoin advocate Andreas Antonopoulos, a ‘shitcoin expert’. Escalating the attacks further, Wright dismissed Antonopoulos’ wealth of knowledge on bitcoin saying that the only correct thing the host of “Let’s Talk Bitcoin” podcast knows is how to ‘spell Bitcoin’. In Craig Wright’s view, Antonopoulos

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Despite Dow Sell-Off, White House Economist Says There’s ‘No Recession in Sight’

The top economic adviser to U.S. President Donald Trump has dismissed fears that the world’s biggest economy is about to slip into a recession, even as the Dow Jones Industrial Average and other market indices have suffered steep declines in recent months. In an interview on Bloomberg TV, the National Economic Council Director Larry Kudlow

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The First Bitcoin Block Was Mined 10 Years Ago Today

Bitcoin’s Genesis block, which was mined on January 3, 2009, at 18:15:05 UTC, is now 10 years old. The Bitcoin Network Turns 10 The marking of the 10th anniversary of Bitcoin’s block 0 is, however, not to be confused with the Bitcoin whitepaper’s 10th birthday which was commemorated last year on October 31 in remembrance

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