Newsflash of December 9, 2019

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Market Cap at 1:32 (UTC) – $203,954,095,209 billion

Bitcoin dominance: 66.8 %

BTC $7,529.34 (-0.82%)

ETH $149.97 (-0.06%)

XRP $0.228869 (-0.69%)

Ukraine published new law which prevents money laundering using crypto

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Ukraine has recently approved a new anti-laundering law which also includes virtual assets in the list. Per the document, users who send over 30,000 hriven (approx. $1,300) must report to the local authority about the identity of the sender and receiver. Additionally, if the transaction worth less than 30,000 hriven, the sender only need to provide the public address for monitor purpose.

China’s central bank to test digital currency

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A report by Caijing has pointed out that China’s Central Bank has partner with several state-owned companies to test digital currency and electronic payment. Moreover, the report also says that cities in Shenzen and Suzhou will be the first few cities to be chosen for the test.

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