BitMine Still Buying The Dip, Tom Lee Has Scooped $1.7B ETH Since Crash

BitMine Immersion Technologies has made its fourth purchase of Ether since the record liquidity flush on October 10. The company scooped up $250 million in ETH from Bitgo and Kraken on Monday, according to Arkham Intelligence which said “These accounts match Bitmine’s prior acquisition pattern.” “Will Tom Lee ever...
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Japan Eyes Major Crypto Rule Shift: Banks Could Soon Hold Bitcoin

Japan’s top regulator is reportedly weighing a policy change that would let banks offer Bitcoin custody and trading services. Japan Considering Allowing Banks To Offer Crypto-Related Services As reported by Japanese newspaper Yomiuri, Japan’s Financial Services Agency (FSA) is considering allowing banks to acquire and hold digital assets like...
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Bolivia’s New Leader Declares War On Corruption With Blockchain

According to reports, Bolivia’s new president has put blockchain at the center of a plan to cut corruption and raise transparency in government finances. Rodrigo Paz Pereira, who won the runoff that ended nearly two decades of rule by the Movement for Socialism, has made clean government a clear...
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South Korea’s FSC To Prohibit Stablecoin Interest Payments In Upcoming Framework

South Korea’s Financial Services Commission (FSC) will reportedly follow US regulatory steps and include a ban on stablecoin interest payments in its highly anticipated framework, expected to be released later this year. FSC To Prohibit Interest Payments on Stablecoins On Monday, Yonhap News reported that Financial Services Commission Chairman...
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