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Peter Thiel Backs New Blockchain-Based Crypto Exchange that Some View as Coinbase Competitor

Peter Thiel Backs New Blockchain-Based Crypto Exchange that Some View as Coinbase Competitor
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Kraken CEO Jesse Powell on Crypto Regulation: 'I Think There Could Be Some Crackdown'


Kraken CEO Jesse Powell on Crypto Regulation: ‘I Think There Could Be Some Crackdown’
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2 days ago
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Janet Yellen
In a discussion about regulating cryptocurrency, Kraken CEO Jesse Powell told CNBC, “I think there could be some crackdown.”
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Governments around the world have already started pulling rank on the electronic currency. Nigeria, the world’s second-largest cryptocurrency market after the United States, has banned the trading of crypto currencies, according to Deutsche Welle, a German media outlet.
In China, the Inner Mongolia region plans to ban new crypto currency mining projects and shut down existing activity in an effort to cut down on energy consumption, CNBC reports. ....

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