99Crypto

Kingdom Trust, a US firm that stores digital currency for investors, will have its custody platform insured by British insurance firm Lloyd's of London, according to an August 28 press release, making it the latest insurer to take advantage of the new crypto industry. Kingdom Trust, who serves…

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Huobi, a Chinese cryptocurrency exchange, has acquired the controlling interest of stock in the Hong Kong company Pantronics Holdings Ltd. It got the controlling stock share through a back door listing deal. A back door listing, which is also referred to as a reverse takeover or a reverse IPO, is…

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According to some reports, Russia's Ministry of Internal Affairs has considered establishing criminal liability for crypto operations that aren't registered. This is according to documents that Izvestia obtained. The interior ministry of Russia has drawn up an amendment of legislation that will only legalize the registered…

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The crypto-currency market appears to be in a holding pattern at this point. Most of the coins are not reporting gains at all. In fact, many have been in the negative in recent days and weeks. The outlier in the group may be Bitcoin itself as it has always been…

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According to the Financial Tribune, the National Cyberspace Center in Iran has revealed the cryptocurrency backed by the state is ready for the draft. The article states the instructions for the national digital currency project came from Hassan Rouhani, the President of Iran. The deputy director responsible for the drafting…

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The government in the United Kingdom is looking at options for DLT or "Distributed Ledger Technology" at the moment. It wants to utilize the form of technology as a means of safeguarding details that involve identities. It wants to utilize it to safeguard digital proof, too. HMCTS or…

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