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Gemini Can Provide Crypto Service In Ireland Now, Receives First License

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The Central Bank of Ireland has provided regulatory approval to Gemini, a cryptocurrency exchange. Gemini will now be able to extend crypto services in Ireland. The exchange is situated in Ireland (Dublin), it established its headquarters there in the year 2021.

After a thorough review of the security and compliance programmes, this license was granted to the exchange. Additionally, Gemini is the first ever cryptocurrency exchange to be granted the (Virtual Asset Service Provider) VASP approval in the Ireland.  Read more...

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Huobi Expansion Highly Likely After It Receives FinCEN License

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The United States expansion for Huobi has gone a step further. This is valid as HBIT secures its MSB (Money Service Business) license from the US FinCEN (Financial Crimes Enforcement Network). HBIT is a subsidiary of the digital currency exchange platform, Huobi.

The License Essence

According to the Seychelles-based crypto exchange platform, Huobi, the essence of the license is to create a base for cryptocurrency business dealings. It plans to carry out these business transactions in the US sometime in the future. The company stated this on Tuesday, the 5th of July. This is considered an aspect of its specific objectives to become more accommodating and globally interconnected.  Read more...

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PR: Matrix Exchange Receives Approval From Abu Dhabi Global Market

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PR: Matrix Exchange Receives Approval From Abu Dhabi Global Market

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

Abu Dhabi-based crypto asset exchange, Matrix Exchange announced on July 12 that it has received an In-Principle Approval (IPA) from by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to operate as a crypto asset exchange and custodian in ADGM.  Read more...

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Bitcoin Cash Development Fund Receives Massive Support

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The Bitcoin Cash community has greatly advanced its efforts to support the sustainability of the cryptocurrency with a fundraiser whose contributions are donated to developers. The campaign has already reached the 95% milestone out of an initial goal of raising 800 BCH for the development fund by Aug. 1, 2019.

Also Read: Crypto Cards in Weekly Video Update From Bitcoin.com  Read more...

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Bitstamp Receives New York BitLicense

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Another digital asset platform has received approval to do business in New York.

Bitstamp, one of the largest crypto exchange platforms in Europe, has been granted a virtual currency license from the New York State Department of Financial Services (NYSDFS). The exchange became the 19th firm approved to offer crypto-based services in the world's financial center.

The regulator announced in a press release published on April 9, 2019, that it had granted Bitstamp full authorization to run its digital currency operations in New York. Bitstamp applied for BitLicense through its U.S. subsidiary.  Read more...

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Crypto Exchange Bitstamp Receives New York BitLicense

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Luxembourg-based crypto exchange Bitstamp announced Tuesday that it has become the latest company to gain a coveted BitLicense from the New York State Department of Financial Services. LICENSED: Excited to announce that we’ve obtained a BitLicense! Paving the way to continue ramping up our presence in the States. Read more: https://t.co/O4OTTifl5X pic.twitter.com/HWos4KqCs1 — Bitstamp (@Bitstamp) April […]
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Bitpanda Receives Payment License from the European Union

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BitPanda

In an official blog post published on April 4, 2019, the Viennese cryptocurrency brokerage platform Bitpanda confirmed that it has received a license to operate as a payment service provider in Austria.

Specifically, Bitpanda received the Payment Services Directive 2 (PSD2) license, an order that provides oversight into the operation of service providers in both the European Economic Area (EEA) and the European Union.

With this license in hand, entities in the European financial and technological space can launch new products and services for customers while following clear rules on how to operate within their common market. Bitpanda’s PSD2 was issued by the Austrian financial watchdog Financial Market Authority (FMA).  Read more...

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Bitbond Receives German Regulatory Approval for Its STO

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Bitbond, a Stellar-based blockchain startup that provides business loans, announced this week that it has gained German regulatory approval to conduct a security token offering (STO). According to the announcement, Germany’s Federal Financial Supervisory Authority, better known as BaFin, has approved Bitbond’s plea under the German Banking Act to become a licensed asset broker, making […]
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Palestinian Fundamentalist Group Hamas Receives Funding via Bitcoin

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In a particularly interesting case study for the consequence of Bitcoin’s global impact, the internationally recognized terrorist group Hamas has announced that it will accept bitcoin to fund itself.

The de facto ruling party of the Gaza Strip since the reconciliation agreement with rival group Fatah, Hamas holds a majority of seats in the Palestinian Legislative Council and attempts to act as a government. As Palestine is not internationally recognized as a country, Hamas’ militant arm frequently clashes with Israeli forces.

Just recently, spokesmen for the group made an appeal on Telegram, requesting for bitcoin and publishing a Coinbase address.  Read more...

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Twitch Streamer Receives a Donation of 20 Bitcoins while Playing Runescape

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An anonymous donor surprised popular Twitch streamer Sick Nerd with a donation of 20 bitcoins. He was streaming Old School RuneScape at the time to his 109,000 followers. Twitch Streamer Nets a Large Bitcoin Donation Initially, Sick Nerd received a donation of 4 BTC. He received more BTC throughout his stream. While the gamer at

The post Twitch Streamer Receives a Donation of 20 Bitcoins while Playing Runescape appeared first on CCN

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Connecticut Software Engineering School Receives $10,000 BTC Donation

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Connecticut Software Engineering School Receives $ 10,000 BTC Donation

During the first week of 2019, Holberton School in New Haven, whose two-year higher education program aims to “drive the digital transformation revolution,” received a large cryptocurrency donation. On Monday it was announced that the cofounder of software suite the Scroll Network, Nathan Pitruzzello, donated $ 10,000 worth of digital currency to the Connecticut school that’s known for recording academic certificates on the BTC chain.

Also read: Thousands of Banned Binance Customers Remain Cut off by the Exchange  Read more...

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Fortnite Receives Game-Altering Update Hours Before WSOE 3

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The role of game publishers in the emerging esports industry is becoming increasingly more controversial as arbitrary updates become the new norm, and Epic Games continued the trend before Sunday’s $ 100,000 WSOE Fortnite Duos tournament. Just hours before the event kicked-off, Fortnite’s publisher pushed a game update that brought a new, potentially game-altering item called […]
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Bitcoin-Friendly Revolut Receives European Banking License, Aims to be ‘Amazon of Banking’

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Revolut, a digital banking alternative that features an in-app bitcoin and cryptocurrency exchange, has received a European banking license as it seeks to expand its offerings and position itself as the “Amazon of banking.” Revolut to Offer Bank Accounts in Europe The London-based unicorn, which remains one of the hottest fintech startups in the United

The post Bitcoin-Friendly Revolut Receives European Banking License, Aims to be ‘Amazon of Banking’ appeared first on CCN

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Ethereum Founder Vitalik Buterin Receives Honorary Doctorate

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vitalikPHD2

Vitalik Buterin left academia four years ago to pursue a career in crypto. Now, the Ethereum founder’s contributions to the industry (and the computer science field at large) have earned him an honorary Ph.D. — in the same year he might have eventually completed his undergrad degree.

In 2014, disenchanted with academics, Buterin accepted a Thiel Fellowship for his preliminary work on Ethereum and dropped out in his freshman year at the University of Waterloo to work on the smart contract platform.  Read more...

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Coinsource Receives BitLicense to Operate Bitcoin ATMs in New York

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Coinsource bitlicense

Bitcoin ATM Operator Coinsource has been granted a BitLicense by the New York Department of Financial Services (NYDFS).

Based in Texas, Coinsource deploys Bitcoin ATMs to key population centers across the world with over 200 machines installed in the U.S. alone.

CEO of Coinsource Sheffield Clark called the announcement a “landmark day for Coinsource” and an “important win for New Yorkers” in a statement.

In an interview with Bitcoin Magazine, Clark noted that he sees the “license as validation of not only our tireless efforts to offer Americans easy, convenient access to an evolving global financial system, but also progress in the acceptance and legitimization of bitcoin as a valuable currency.”  Read more...

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Bitcoin ATM Company Coinsource Receives the 12th New York BitLicense

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Coinsource, the world’s largest Bitcoin ATM company, has become the 12th organization to receive a “BitLicense” from the New York State Department of Financial Services (DFS). DFS Grants Virtual Currency License to Coinsource, Inc. https://t.co/MCYZtgolfQ — NYDFS (@NYDFS) November 1, 2018 According to the announcement, Coinsource is the first DFS virtual currency licensee to operate Bitcoin […]
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Coinsource Receives First BitLicense to Operate Bitcoin ATMs in New York

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The world’s largest bitcoin ATM company has finally received official approval to operate in New York. They had previously been operating in New York almost since the company’s inception via a provisional license. Last year, they received coverage in the New Yorker and have frequently been in the news with word of new ATMs across

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Auckland Startup Receives 300k Grant

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A cryptocurrency startup based in Auckland, US has received a massive $ 330,000 grant from the Crown agency Callaghan Innovation.

As said by BTCwires:

“Callaghan Innovation was established in 2013 with the aim of making businesses more innovative in the country. It is a crown entity; a Crown Research Institute, Industrial Research Limited was merged in the Callaghan Innovation at the time of its inception. It is an innovation agency of New Zealand which activates innovations and helps the businesses to grow faster for a better future.”  Read more...

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Mark Cuban-Backed ICO Receives eSports Crypto Betting License

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Unikrn, an esports company that raised over $ 15 million in its ICO pre-sale last year, has obtained a betting license in the Isle of Man, which is a key step on the way to rolling out its cryptocurrency betting service around the world. In October 2017, CCN reported that the startup raised $ 15 million from accredited

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Bitcoin Cash Speeds toward Blockchain Split as SV Client Receives Formal Release

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Bitcoin SV, the Bitcoin Cash (BCH) software client published by blockchain development firm nChain, is now live on GitHub. Released this week, SV (short for “Satoshi Vision”) version 0.1.0 aims to place the fourth-largest cryptocurrency on track to fulfill pseudonymous developer Satoshi Nakamoto’s vision for Bitcoin to become electronic cash — or at least nChain’s

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