After Switzerland Visit, Crypto Concerns Remain for US Regulators

Following a visit to Switzerland to discuss Facebook’s Libra stablecoin, U.S. Representative Maxine Waters still has concerns about the project. Following a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra. Meetings with multiple agencies According to an official statement from Representative Maxine Waters, members of the U.S. House of Representatives Financial Services Committee met with multiple regulatory agencies and lawmakers. These included the State Secretariat for International Financial Matters, the Federal Data Protection and Information Commissioner…

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Brave Expands Crypto Tipping to Reddit and Vimeo After Twitter

Blockchain-based internet browser startup Brave expanded its crypto tipping option by integrating it into Reddit and Vimeo. Blockchain-based internet browser Brave has continued expanding its crypto tipping option by integrating it into Reddit and Vimeo. Reddit and Vimeo follow Twitter Announced on Twitter on Aug. 21, a new version of Brave Browser enables users to tip on ad-free video platform Vimeo and social news site Reddit, using Brave’s native Basic Attention Token (BAT). BAT tipping option on Reddit. Source: Twitter BAT is up about 4.6% over the past 7 days…

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Crypto News From Brazil: Week in Review

From Cointelegraph Brasil: regulators in the country have opened several enforcement actions against alleged crypto scams last week. Last week, Brazilian authorities took regulatory action against crypto-related businesses and several alleged cryptocurrency scams. Earlier this month, legal requirements for crypto-related business tightened in the country, when Brazil’s tax authority, the Department of Federal Revenue (RFB), introduced strict reporting requirements for crypto transactions.  Police search Grupo Bitcoin Banco with alleged excessive force The Military Police of Paraná served a warrant and subsequently searched the offices of crypto trading and investment platform…

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Bitcoin Bombshell, Libra Rivals, Twitter Spats: Hodler’s Digest, Aug. 19–25

Binance unveils its own project to rival Facebook’s Libra, Bitcoin’s dominance may not be what we all thought, and WhatsApp plots digital payments launch. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Binance reveals “Venus” — its own project to rival Facebook’s Libra With Facebook tangled up in regulatory tape and putting Libra…

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Thai SEC Warns Public About New Crypto Scam Operating Overseas

Thailand’s securities regulator warned the public about scam entities posing as legal crypto trading firms operating overseas. Thailand’s securities regulator has warned the public about scam entities posing as legal digital currency trading firms operating overseas. Investor losses are not known The Thai Securities and Exchange Commission (SEC) has discovered a new crypto scam where investors are lured into operating with companies outside the country, local English-language news outlet Bangkok Post reports on Aug. 25. The regulator has become aware of several fraudulent companies involved in the case, including the…

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Internal Revenue Service Sends New Round of Letters to Crypto Holders

The United States tax collecting and legislation authority, the Internal Revenue Service, sends a new round of letters to cryptocurrency holders. Last week, the United States Internal Revenue Service sent another round of letters to crypto traders called CP2000. These notices were sent to traders of some crypto exchanges due to inconsistencies found in their tax reports. Using the information provided by third-party systems — such as crypto exchanges and payment systems — the IRS has been able to determine the amounts traders owe and included the amounts in dollars…

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Top-5 Crypto Performers: ETC, IOTA, ADA, TRX, XLM

Some of the top performers of the past seven days are showing signs of a turnaround. Is it a good time to buy? Let’s look at the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Facebook’s Libra continues to face resistance as central banks, regulators and governments have not been…

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Kraken OTC Head: Bitcoin Is Not Safe Haven Yet

Today’s digital assets trading industry is much like how Wall Street used to be, according to head of OTC at cryptocurrency exchange Kraken Nelson Minier. Head of over-the-counter (OTC) sales at cryptocurrency exchange Kraken Nelson Minier compared today’s cryptocurrency trading industry to how Wall Street used to be, adding that it is still too soon to call Bitcoin a safe haven for investors. During the Nasdaq TradeTalks interview published on Aug. 22, Minier stated: “Wall Street ain’t what it used to be. The first 15 years I was on Wall…

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Mike Tyson Vs. Fight to Fame: Is the Former Champion Involved In Crypto?

Tyson denies any connection with Fight to Fame. Suspected of cryptocurrency fraud, the project claims the opposite, saying the former boxer is a co-founder. United States boxing legend Mike Tyson has denied a connection with the cryptocurrency project Fight to Fame, which is suspected of financial fraud. He announced it in a Twitter post on Aug. 15: “I am not involved with Fight to Fame or their countdown website, nor will I be involved with anything related to Fight to Fame now or in the future. Any media reporting my…

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Waves DEX Now Supports Ethereum-Based ERC-20 Tokens

Waves platform’s built-in decentralized exchange adds support for ERC-20 standard compliant tokens, BTC and ETH to follow soon. Blockchain platform Waves added support for Ethereum-based (ETH) ERC-20 standard compliant tokens to its decentralized exchange (DEX). On Aug. 22, the platform announced that Waves’ built-in DEX began supporting ERC-20 tokens. Recently, Waves team also launched a new gateway with Vostok and Ergo tokens support. High hopes for the feature Waves’ team also expressed hope that the new feature will have a positive impact and will attract new traders and assets to…

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