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Paraguay Audits Local Crypto Industry to Prepare for FATF-Style Regulations

Paraguay has conducted a mass audit of local cryptocurrency businesses, paving the way for the country’s first virtual asset regulations in 2020.

By Danny NelsonDec 24, 2019

Paraguay's Science and Technology Committee meets to discuss virtual assets. (Photo via Jorge Ramirez)

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10:22 PM

Positive

Crypto execs Armstrong, Garlinghouse among many named to U.S. CFTC advisory group

The Commodity Futures Trading Commission's new chief, Mike Selig, repurposed the agency's previous CEO innovation council, almost tripling its members.

9:20 PM

Negative

Coinbase misses Q4 estimates as transaction revenue falls below $1 billion

"Crypto is cyclical, and experience tells us it’s never as good, or as bad as it seems," said the company.

8:54 PM

Negative

BTC0.00%

+2 Assets

Bitcoin tumbles back near last week's lows as AI fears crush tech and precious metals plunge

The strong correlation between crypto and the software sector reasserted itself on Wednesday

7:43 PM

Negative

Crypto PAC Fairshake seeks to force resistant Texas Democrat Al Green from U.S. House

The super PAC is devoting $1.5 million to get Representative Al Green, a Democrat critical of the crypto industry, defeated by a primary challenger.

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