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# bitcoin News

May 23, 2019 by at Adoption
WPTV on May 22, 2019, reported the establishment of the first crypto-themed cafe in the United States. Located in downtown West Palm Beach, Florida, the cafe, according to its owner Nelson Winter, is an initiative to educate people about cryptocurrencies while also giving enthusiasts a place to hangout and discuss....
May 23, 2019 by at Bitcoin
The Israel Tax Authority has won a court case against Noam Copel, a Bitcoin investor and founder of a blockchain startup called DAV, who bought the cryptocurrency in 2011 and sold it in 2013 with a profit of NIS 8.27 million (over $1 million), without paying taxes. Now, an Israeli...
May 23, 2019 by at Bitcoin
In a court transcript from a May 16, 2019, hearing between the New York Attorney General’s (NYAG) office and Tether, the sister company of Bitfinex, Tether has admitted that some of its reserves were also invested in bitcoin and other digital assets, reports The Block on May 21, 2019. The...
May 23, 2019 by at Regulation
A member of the Bank of China Law Research Association says sporadic bitcoin (BTC) trading isn’t illegal in the country despite the trading ban enacted in 2017. This new revelation by cnLedger, a cryptocurrency news source that focuses on China, begs the question of what Chinese law enforcement and regulators...
May 23, 2019 by at Bitcoin, Ethereum
The total crypto market cap lost $12 billion of its value since May 20, 2019, and dropped to $239 billion. The top ten currencies are all in red for the last 24 hours with Stellar (XLM) and Cardano (ADA) being the worst performers with 8.5 percent and 7.6 percent of...
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