Blockchain 

Abra Restricts Americans From Holding EOS and 4 Other Altcoins

California-based crypto wallet service Abra will restrict some services for American users starting from August. Abra will have to enforce some system modifications due to continued regulatory uncertainty in the United States, according to a blog post on July 25. Notably, American users will no longer be able to hold a number of cryptocurrencies, including EOS (EOS). U.S. users can’t hold certain altcoins Specifically, the platform will start migrating its smart contract-based synthetic assets to a native hosted wallet solution, adding that those assets are defined on Abra as anything…

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Bitcoin 

2% of Americans Trust Facebook’s Libra More than Bitcoin: Research

Just 2% of Americans trust Facebook’s Libra more than major cryptocurrency Bitcoin (BTC), according to a recent survey by CivicScience. United States-based polling company CivicScience recently conducted a survey of 1,799 American adults to find out the general trends and public concerns over Facebook’s not-yet-launched cryptocurrency Libra. According to research results released on July 22, at least 40% of respondents claimed that they trusted Libra less than Bitcoin and other cryptocurrencies such as Ether (ETH) and XRP. 35% stressed that they trust Libra much less than Bitcoin, according to the…

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Blockchain 

49% of Americans and Brits Don’t Trust Facebook’s Libra

Almost half of Americans and Brits would not trust Facebook in regards to its long-awaited stablecoin Libra, technology and market-focused news platform Telecoms.com reported on July 22. Facebook’s trust issues could hurt Libra project Citing a survey from instant messaging application Viber, the news outlet reveals that 49% of users in the United Kingdom and the United States said that they would not put trust in the social media giant when it comes to its own digital currency. Those respondents specified that they would not trust Facebook at all in…

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Ethereum 

U.S. Regulator Investigating BitMEX for Allowing Americans to Trade

United States regulator the Commodity Futures Trading Commission (CFTC) is reportedly investigating derivatives giant BitMEX. According to sources citing people familiar with the matter speaking to Bloomberg, the CFTC suspects that BitMEX, which is registered in the Seychelles, allowed U.S. residents to use its platform to trade. Under current law, the U.S. is one of the countries excluded from using BitMEX and similar crypto-based financial services, but users may have sought to circumvent the geoblock using services such as VPNs. The investigation, details of which have not yet been confirmed…

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Bitcoin 

11% of Americans Own Bitcoin, Major Awareness Increased Since 2017

11% of the American population owns the major cryptocurrency bitcoin (BTC), according to a new survey published by Spencer Bogart of venture capital firm Blockchain Capital on April 30. Blockchain Capital partner Bogart today posted the results of a new survey conducted by Harris Poll in order to provide analytics data on bitcoin’s demographic trends. Conducted between April 23, 2019 and April 25, 2019, the survey included answers of 2,052 American adults and represents an expanded version of the previous demographic survey released by the firm in October 2017. According…

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