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How the World’s Leading Banks Help Launder $2 Trillion a Year

Some of the most well known banks in the world are also the biggest money launderers. The recent Troika Laundromat affair added another $8 billion to the trillions financial institutions wash every year. Over $2 trillion is laundered annually by criminals who utilize various ways to hide money in

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Putin’s Order: Russia to Adopt Cryptocurrency Regulation by July This Year

Russia’s President Vladimir Putin has instructed his country’s government to adopt federal laws relating to cryptocurrency by July this year. Russia has earlier broadened the definition of “digital financial assets” to include cryptocurrencies. Putin’s latest order resembles one he made regarding crypto regulation last year. Also read: SEC Chair Explains

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Rio Carnival to Feature Bitcoin This Year

Imperatriz Leopoldinense, a prominent Brazilian samba school, has chosen money as the theme of its performance during the 2019 Carnaval do Rio de Janeiro, which will be held in the week of March 2 – 9. Its dancers will tell the history of money, from the first metal coins

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How We Will Remember the Year of the Dog? ICO Market Decline, Trend Toward Compliance and Other Takeaways

Happy Chinese New Year! As the Year of the Yellow Mountain Dog has drawn to a close, it is time to look back at what happened.While there was a promising start in January 2018, when most altcoins were enjoying their all-time highs, the bear eventually took over, and the

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Van Eck Associates CEO: Bitcoin Investors Will Add Gold This Year

Gold and bitcoin markets have have attracted comparisons for some time now, with gold investors taking an interest in the cryptocurrency during the 2017 bull market. But some of these investors are now reintroducing gold to their portfolio, according to Jan Van Eck of Van Eck Associates.  Also read: 8 Food

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US Crypto Investors Incurred $5.7 Billion in Unrealized Losses Last Year

The results of a survey published by Credit Karma estimate that crypto investors in the U.S. realized losses of approximately $1.7 billion during the previous tax season. Additionally, the report finds that U.S. investors incurred a further $5.7 billion in unrealized losses. Also Read: Plaintiff in AT&T SIM-Swapping Case Sues ‘Bitcoin

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Japan Approves 17th Cryptocurrency Exchange – Its First in Over a Year

It has been over a year since Japan’s Financial Services Agency last approved a cryptocurrency exchange to legally operate in the country. Coincheck, which was hacked early last year, has become the 17th fully-registered crypto exchange in the country. The exchange has made numerous improvements after it was acquired

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Leading Crypto Markets Post Worst Year of Monthly Price Action on Record

When looking at monthly market performance, 2018 was the bloodiest year in the history of the cryptocurrency markets. Of the seven largest cryptocurrencies by market cap, only three were able to produce more than two green monthly candles during 2018. Also Read: Bitblock Publishes Alternative Valuation Model That Suggests BTC Is

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144 ICOs Launched During 2017 Failed Last Year

Coinopsy, a website that maintains an active catalog of “dead” cryptocurrencies, currently estimates that 264 altcoins failed to survive the 2018 bear market. Of the projects that did not survive to see 2019, more than half were launched in 2017 through an initial coin offering (ICO). Also Read: Last Year’s Altcoin

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Markets Update: Crypto Traders Enter the New Year With Uncertainty

On the first day of 2019, cryptocurrency prices have been steadily moving sideways in a consolidated pattern after taking some slight losses on New Year’s Eve. At the moment, the entire digital asset economy is worth about $126 billion and global trade volume has been thinning out over the

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