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Montana Passes Bill To Recognize Utility Tokens And Exempt Them From State Securities

Montana Passes Bill to Recognize Utility Tokens and Exempt Them From State Securities

The United States State of Montana has recognized utility tokens and exempted them from state securities by passing a new bill this month. House bill 584, titled “Generally revise laws relating to cryptocurrency,” was signed by the Governor of Montana Steve Bullock on May 8.Initiated by State Representative Shane Morigeau, the bill had its first…
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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 24

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 24

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Cryptocurrency fund manager Brian Kelly expects Bitcoin to rally further in…
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Crypto Derivatives Platform Vows To Tackle Socialized Losses Seen On Other Exchanges

Crypto Derivatives Platform Vows to Tackle Socialized Losses Seen on Other Exchanges

A crypto futures exchange says its features mean it is well-positioned to solve current problems that exist among rivals.The team behind FTX claims they were driven to act after “hours of feedback” to established exchanges about the problems with their products went ignored.As a result, the company claims that its platform “reduces the likelihood of…
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Facebook In Talks With Coinbase, Winklevoss’ Gemini To Launch Its Globalcoin: FT Report

Facebook in Talks With Coinbase, Winklevoss’ Gemini to Launch Its Globalcoin: FT Report

Social media giant Facebook has reportedly held talks with major United States-based crypto exchanges about the issuance of its own crypto, the Financial Times (FT) reports on May 24.Citing two people familiar with Facebook’s “Globalcoin” project, the FT wrote that Facebook has discussed the initiative with major crypto exchange and wallet Coinbase. The article also…
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Russian State-Owned Holding Giant Proposes To Apply DLT In All Gov’t Data Systems

Russian State-Owned Holding Giant Proposes to Apply DLT in All Gov’t Data Systems

Russian state-owned holding conglomerate Rostec proposed a roadmap on applying blockchain in all the governmental data systems, local financial newspaper Kommersant reports on May 24.An institution under Rostec has reportedly developed a blockchain roadmap worth up to 85 billion rubles ($1.3 billion) that claims to provide an economic impact of up to 1.6 trillion rubles…
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Galaxy Digital Founder Michael Novogratz: One Of The Social Media Cryptos Will Succeed

Galaxy Digital Founder Michael Novogratz: One of the Social Media Cryptos Will Succeed

Michael Novogratz, founder and CEO of cryptocurrency merchant bank Galaxy Digital, has suggested that one of the crypto assets created by social media giants will succeed. Novogratz made his remarks during an interview with CNBC published on May 24.At the end of the interview, Novogratz noted:“I think Facebook’s payment currency, I think Telegram’s gonna have…
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Ethereum Co-Founder Vitalik Buterin Proposes Creating On-Chain Ether Mixer

Ethereum Co-Founder Vitalik Buterin Proposes Creating On-Chain Ether Mixer

Ethereum (ETH) co-founder Vitalik Buterin has proposed creating an on-chain smart contract-based ether mixer in a note on collaborative development platform HackMD on May 24.In his note, Buterin argues that the Ethereum ecosystem needs more privacy, and points out that the default behavior is to do everything through a single account, allowing for all of…
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LocalBitcoins Imposes Restrictions On Iranian Accounts

LocalBitcoins Imposes Restrictions on Iranian Accounts

Major peer-to-peer cryptocurrency exchange LocalBitcoins.com has banned users living in Iran, according to their website as of today, May 24.Screenshot of LocalBitcoin Iranian page as of press timeA source had previously told Cointelegraph in an email that the impetus for restricting Iranian transactions is to comply with financial regulations in Finland, where the headquarters of…
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