Binance Coin (BNB) Defying Gravity After Sovereign Backing

Binance Coin (BNB) price up 54 percent in last week The government of Argentina is supporting blockchain projects backed by Binance Labs Participation levels explode in recent days Argentina is interested in blockchain projects and an accelerator program in conjunction with Binance Labs. They shall invest $50 in 10 different projects in the next four…

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Texas Updates Regulatory Guidance Regarding Activities Involving Cryptocurrency

The Texas Department of Banking has published new guidance regarding the regulatory treatment of virtual currencies under the Texas Money Services Act. The document states that most transactions involving cryptocurrencies will not be considered a transfer of “monetary value” but the exchange of virtual currencies for fiat will likely be recognized as a “money transmission.”…

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Marshall Islands to Make Cryptocurrency SOV Its Official Money

Marshall Islands, a small country of 53,000 people in the middle of the Pacific Ocean, may become the first sovereign state to make a cryptocurrency its legal tender, which means that its official digital currency must be accepted as a means of payment. Marshall Islands to Launch Legal Tender Cryptocurrency in Q3 2018 Whereas Bitcoin,…

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