Author: Cointelegraph By Gareth Jenkinson

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Bitcoin Amsterdam highlights hurdles for consensus over improvement proposals

Bitcoin core developers have long been at odds over Bitcoin improvement proposals (BIPs) to address the pain points of the protocol, as was apparent in a heated panel discussion during Bitcoin Amsterdam 2023. Long-time Bitcoin developers Paul Sztorc and Peter Todd brought this to the fore in Amsterdam, with the latter coming across as highly…
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Middle East regulatory clarity drives crypto industry growth — Binance FZE head

Major cryptocurrency exchanges and businesses are being lured to a proverbial crypto oasis around the Persian Gulf, according to Binance FZE’s general manager. Alex Chehade, who heads Binance’s local operation in Dubai, tells Cointelegraph reporter Ezra Reguerra that progressive regulatory frameworks in the region are a major drawcard for startups and established industry players: “What…
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Russian telecoms giant MTS announces ads service targeting Telegram users

Russia’s largest telecommunications firm, MTS, claims it will launch an advertising service targeting Russian Telegram users, but the social messaging application denies it has any agreements in place. The company made the announcement on Oct. 17, outlining the launch of advertising services for clients targeting the audience of specific channels, categories, interests and geolocation. MTS…
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Bitcoin Amsterdam – BTC shines in depths of crypto bear market

Bitcoin’s (BTC) value proposition continues to be a source of confidence for investors and proponents amid prevailing depressed market conditions for the wider cryptocurrency space. This was a key takeaway from in-depth interviews with Bitcoin developers, advocates, analysts and influential figures during the Bitcoin Amsterdam conference hosted at Westergas in Oct. 2023. Jameson Lopp, CEO…
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UK’s ‘Help with Fees’ scheme won’t define crypto as disposable income

British citizens who hope to access legal assistance through the proposed “Help with Fees” (HwF) scheme will not have cryptocurrency holdings classified as disposable income. The United Kingdom’s Ministry of Justice published its response following public consultation over its proposed legal aid scheme to provide equal access to the justice system. HwF aims to provide financial…
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Focus on BTC fundamentals, says Edward Snowden

“We’re contorting ourselves to pass through the keyhole of tyranny.” Edward Snowden’s words ring out in the packed Genesis Stage hall at Bitcoin Amsterdam, stressing the preeminent cryptocurrency’s ever-increasing importance in a world beset by creeping government surveillance, devaluing fiat currencies and restrictive policies. The renowned whistleblower’s address summed up a recurring theme during the…
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SBF seeks to probe FTX lawyers’ roles in $200M Alameda loans

Sam Bankman-Fried’s legal team is looking for permission to probe the alleged involvement of FTX lawyers in the issuance of $200 million worth of loans from Alameda that were approved by Gary Wang. As previously reported in the build-up to the highly anticipated trial, an Oct. 1 court ruling provisionally barred Bankman-Fried from apportioning blame…
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Sam Bankman-Fried $500M Anthropic stake irrelevant to case, prosecutors say

United States prosecutors have requested the court presiding over Sam Bankman-Fried’s trial to bar his legal team from making any arguments relating to the potential recovery of FTX customer assets invested in Anthropic. Bankman-Fried invested $500 million in the artificial intelligence startup in April 2022; however, the U.S. government is set to present evidence that…
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Kraken set to acquire Dutch exchange BCM, eyes European expansion

United States-based exchange Kraken has announced a pending deal to acquire Netherlands-based cryptocurrency exchange Coin Meester B.V. (BCM) as it sets its sights on European expansion. While financial details of the deal have not been disclosed, Kraken and BCM announced the coming acquisition following the European Union’s implementation of its Markets in Crypto-Assets (MiCA) regulatory framework.…
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Crypto cards facilitated $3B payment volume since 2021 exchange deals — Visa exec

The integration of conventional payment cards with cryptocurrency exchanges is playing a crucial role in driving the adoption of digital assets, according to a Visa executive. Speaking to Cointelegraph reporter Ezra Reguerra during a panel at the Blockchain Economy Dubai Summit, Visa’s vice president, head of innovation and design, Akshay Chopra, highlighted the role that…
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