CFTC Investigating BitMEX, US Congressman: Bitcoin an ‘Unstoppable Force,’ & Other News

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Daily digest by Cointelegraph Price Analysis 19/07: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSV, TRX, XLM   Bitcoin continues to be the strongest cryptocurrency. Attempts to suppress the rise of cryptocurrencies will only cause a temporary hurdle in the short term. Breaking: US Regulator Investigating Crypto Exchange BitMEX —  Report  According to Bloomberg sources citing people familiar with the matter speaking on July 19, the CFTC suspects that BitMEX allowed U.S. residents to use its platform to trade. Bitcoin an 'Unstoppable Force,' US Congressman Tells Crypto Hearing During testimony on July 17, U.S. Rep. Patrick McHenry, who represents North Carolina's 10th District, told lawmakers directly that attempts to stop Bitcoin were futile. BlackRock CEO: We Don't Need Libra, We Need Technology   CEO of the world's largest exchange-traded fund provider BlackRock, Larry Fink, claimed that he does not consider Facebook's Libra a cryptocurrency, arguing that the world does not need to create a new currency to fix the issue of democratize global money transactions. Ex-CEO of BTC-e Exchange's Spin-Off WEX Is Arrested in Italy Dmitri Vasilyev, who reopened BTC-e exchange as WEX.nz in September 2017, was detained by Italian prosecutors. While no official statement has been disclosed to date, BBC Russia reported the arrest on July 19. In the report, the publication cited an unnamed friend of Vasilev and two anonymous WEX investors. The reason for detention remains unclear. ⁠Get the news first and join the discussion in our chat — subscribe to our Telegram channel  Quote of the day "The world that Satoshi Nakamoto, author of the Bitcoin whitepaper envisioned, and others are building, is an unstoppable force" Patrick McHenry U.S. Congressman Tweet it 1.5 mln people follow us on social media Download our official free app →

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