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Swiss Regulator FINMA Rejects Bitcoin Suisse Application for a Banking License

The Financial Market Supervisory Authority (FINMA) of Switzerland has rejected Bitcoin Suisse’s application for a banking license. AML Weaknesses Contributed to the Rejection The move is a significant setback for the eight-year-old crypto broker, which is flush with cash, on track for a double-digit million-dollar profit in 2020. Furthermore, it is currently dealing with surging
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How Bitcoin Neutrality Is Simply Another Vote for a Crumbling Status Quo

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Career Trader Claims Current Bitcoin Bull Run Is Most “Extraordinarily Orderly” Yet

Bitcoin price is already back headed toward all-time highs set last weekend, after a short-lived, yet steep selloff on the back of a ban potentially hitting India. The full correction thus far was a mere 13% from top to bottom…

Pro-blockchain, anti-crypto? The curious case of China, Russia and India

Crypto RegulationBy Michael Borowiec, contributor to Trezor BlogIn this series, we discussed how the majority of economic superpowers see intrinsic, long-term value in incorporating the cryptocurrency industry into its market structures, as long as it plays by their rules. As with…