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US FinCEN to Roll Out New Cryptocurrency Requirements

US FinCEN to Roll Out New Cryptocurrency Requirements

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$10,173

Bitcoin value bounced off Four-month highs at present across the $10,500 mark, earlier than retreating to the low $10,000s.

Top-20 altcoins carried out effectively till assembly resistance, with Ethereum ending the day down lower than 1%, whereas XRP gained virtually three%. The largest mover was Stellar, gaining virtually Four% for the day.

Top Stories for February 13, 2020 🔥

👉 US FinCEN to Roll Out New Cryptocurrency Requirements

The US Financial Crimes Enforcement Network (FinCEN) will launch new necessities for cryptocurrencies, in accordance to US Treasury Secretary Steven Mnuchin.

The effort will help the federal government in overseeing cryptocurrency transactions, to forestall cash laundering exercise.

👉 Coinbase Pro Launches Margin Trading

Coinbase Pro launched margin buying and selling at present, for eligible people in 23 US States. Institutional prospects in 43 States and 9 different international locations additionally qualify for the brand new function.

Currently the service solely allows up to 3x leverage. Wider entry and extra kinds of collateral belongings are deliberate within the close to future.

👉 Samsung’s Galaxy S20 Phone Will Have Crypto Support

The new Samsung Galaxy S20 will help cryptocurrency storage, in accordance to specs on the official web site.

Although the function was a key promoting level among the many final era of Galaxy telephones, cryptocurrency help seems to not have been extensively promoted for the S20.

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