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Bitcoin Falls on Fears of Regulatory Trouble for Big Crypto Exchange

Japan’s FSA warns Binance for operating without a license Biggest cryptocurrency fell 4.5% after news first reported told Bloomberg in January that it was working to acquire a license in Japan, but the warning could complicate those efforts. Zhao said on Thursday that the exchange is “engaged in constructive dialogue” with the FSA. While Binance was founded in Hong Kong last year, Zhao has said that his company does not currently have a legal headquarters anywhere in the world.

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Gates Guilty Plea Strengthens Muellers Hand Against Manafort

As the newest cooperator for Special Counsel Robert Mueller, Rick Gates gives prosecutors a powerful weapon in pursuing former Trump campaign chairman Paul Manafort and possible election collusion with Russia. Gates, who pleaded guilty Friday in Washington, was Manafort’s right-hand man and worked with him for a decade in his political consulting firm lobbying on behalf of Ukraine before joining him on Donald Trump’s presidential campaign in 2016. Gates also remained on the Trump campaign after Manafort resigned in August 2016, and he helped plan Trump’s inauguration. In a victory…

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Heres What the World’s Central Banks Really Think About Bitcoin

Eight years since the birth of bitcoin, central banks around the world are increasingly recognizing the potential upsides and downsides of digital currencies. The guardians of the global economy have two sets of issues to address. First is what to do, if anything, about emergence and growth of the private cryptocurrencies that are grabbing more and more attention — with bitcoin now surging toward $10,000. The second question is whether to issue official versions. Following is an overview of how the world’s largest central banks (and some smaller ones) are approaching…

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Three Trump Associates Charged in Russia Collusion Probe

The federal investigation into whether President Read the full indictment here The accusations arrive after a months-long probe into possible crimes including obstruction of justice by Trump and other crimes by his associates. The Read more: Your Guide to Understanding the Trump-Russia Saga Manafort, 68, has been targeted by Mueller for months. A top Republican strategist who also worked extensively for foreign politicians, he left Trump’s campaign after only a few months in 2016. He departed after information surfaced about his work in Ukraine for a pro-Russian party, which intensified…

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Bitcoin More Than Just a Fad, Morgan Stanley CEO Says

Not every Wall Street bank chief is bearish on bitcoin. Morgan Stanley Chief Executive Officer James Gorman takes a more measured view on the cryptocurrency than crosstown rival Jamie Dimon, the JPMorgan Chase & Co. head who earlier this month called it

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