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Crypto-Backed SALT Claims $1.3 Billion Backlog, Suspends New Memberships

Featured Secured Automated Lending Technology (SALT) has an enviable problem if its recent Medium post is to be believed. The membership-based crypto-as-collateral loan platform has declared “a demand of over $1.3b in loan requests” is forcing it to suspend “new membership registrations, loan requests, and purchases of SALT.” Also read: How To Regain Control From Nanny […]

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France Cracks Down on Bitcoin Derivatives

Featured Autorité des marchés financiers (AMF), the independent regulatory body governing France’s stock market, issued two statements today, one on initial coin offerings (ICOs) and another on the prospect of bitcoin derivatives. Both point to more oversight to come for crypto in France, including everything from formal authorizations to a ban on advertisements.   Also […]

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What you should know about consumer prices and the financial magic of living like a minimalist

Happy Wednesday, MarketWatchers! Here are your top personal finance stories of the day. Personal Finance My father is moving to a retirement community — what do we do with his $1.8 million home? This son and daughter wonder whether they should sell, rent or wait to inherit it. My secret tax weapon costs 99 cents […]

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Rural Russia Prepares to Attract Crypto Loans

Finance A proposal was presented at the Russian Expert Council for Non-Bank Credit Organizations to allow rural businesses in the country to receive crypto loans to attract funds from abroad. The chairman of the council, a State Duma member, is asking rural credit cooperatives to study and educate rural residents on cryptocurrency. Also read: Indians Look […]

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Bitcoin Divorce Presents New Challenge for Rabbinical Court in Israel

Regulation While some state authorities and financial regulators might deride bitcoin, more people are using the cryptocurrency in their everyday lives. This has recently become evident by divorce cases around the globe involving bitcoin, with the latest example coming from Israel. Also Read: Half of Large British Businesses Hold Stockpiles of Cryptocurrency Bitcoin Wedding Jewish […]

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Jazzle Games Hopes to Deal a Winning Hand to Investors

Nikita Blows · February 17, 2018 · 1:30 am Jazzle Games hopes to help its members strike it lucky with their platform, which allows members to invest in the construction of casinos and receive a part of the subsequent profits. Gambling is a multi-billion-dollar industry which continues to grow as more and more people find their […]

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Initial Coin Offering Craze Lures Australian Investors

Crowdfunding The hype surrounding the profit-potential associated with initial coin offerings (ICOs) is continuing to attract participation from Australian investors. Despite the potential to incur fast losses just as easily as fast profits, many Australians appear to be dabbling with casual cryptocurrency investment. Also Read: US Regulator Warns Against Pump-and-Dumps and Advises How to Buy Crypto […]

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Two Russian Regions to Develop Large Scale Crypto Mining

Mining The governors of two Russian regions have indicated their readiness to accommodate large crypto mining facilities. Two of the westernmost subjects of the Federation – Kaliningrad and Leningrad – are willing to welcome miners and want to get involved in “bitcoin production”. Local authorities have expressed intentions to take mining out of garages and […]

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US Regulator Warns Against Pump-and-Dumps and Advises How to Buy Crypto

Featured The U.S. Commodity Futures Trading Commission (CFTC) has issued its first warning against pump-and-dump schemes involving cryptocurrencies while giving advice on how to buy crypto. This warning follows previous warnings by two other U.S. regulators. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies CFTC’s Warning The CFTC issued a Customer Protection […]

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Several States Spearhead Bitcoin Adoption in the U.S.

Economy & Regulation U.S. states with positive attitudes have advanced towards bitcoin legalization – a process that a growing number of elected officials consider inevitable, if not desirable. Numerous crypto-friendly bills have been introduced, and some of them have received approval in committees and houses of state legislatures. One wouldn’t necessarily think of states like […]

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