Daily Archives: November 26, 2022, 11:13 am

No One is Using Some Bitcoin ATMs in the Crypto Downturn – Bloomberg

Amherst County, Virginia, doesn’t have a hospital. It does have a Bitcoin ATM. It’s inside the Dogwood Express Market, a convenience store just down the road from the local used-car dealership. The machine lets people buy, receive and send Bitcoin, the largest cryptocurrency. Whether they choose to do so, however, is another matter. “I’ve never seen anybody even use it,”…

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Bitcoin, Ether Needn’t Follow Financial Rules, Belgian Regulator Says

Cryptocurrencies without an issuer such as bitcoin (BTC) and ether (ETH) are not securities, Belgium’s Financial Services and Markets Authority said Thursday. The regulator said it was getting an increasing number of questions about the regulatory treatment of crypto and hoped to address the most frequently occurring gray areas, including when digital assets can be classified as securities. In jurisdictions…

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How a CoinDesk scoop led to the fall of Sam Bankman-Fried and implosion of FTX | CNN Business

The staggering level of apparent deception staged by former crypto king Sam Bankman-Fried wasn’t uncovered by government investigators or a major powerhouse financial news organization, such as The Wall Street Journal. Instead, the public’s first glimpse of the alleged wrongdoing by Bankman-Fried — known to insiders as SBF — came earlier this month from a small news site unknown to…

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