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4C Newsflash of September 06

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Market Cap at 3:21 (UTC) – $273,201,134,924 billion 

Bitcoin dominance: 71.2% 

BTC $10,855.8 (+2.64%

ETH $176.63 (+2.46%

XRP $0.258288 (+0.70%

Burundi prohibits citizens from trading crypto


According to Bloomberg, the government of Burundi has prohibited their citizens from trading crypto due to the lack of protection. Moreover, one of the central bank microfinance department director said the government would take strong actions to those who went against their will.

Binance launches Binance USD


Binance recently announced that the company had partnered with Pax to launch BUSD, a USDpegged token approved by NYDFS. However, Binance hasn’t revealed the listing date for BUSD.

Poloniex to upgrade XRP wallet


Poloniex will soon upgrade their XRP wallet on September 9th, according to a tweet. The maintenance is expected to happen around 15:15 UTC and the upgrade will allow users to create XRP address freely without Base Reserve deposit. Moreover, deposit confirmations have been significantly reduced from 12 to 2 confirmations.

LINE was granted license for operating crypto exchange


LINE, the largest mobile messaging app in Japan has been granted a license for running crypto exchange. However, further details about the exchange hasn’t been revealed.

Bakkt opens Bitcoin deposit and withdrawal


In a tweet, Bakkt announced that the company has opened it Warehouse to allow Bitcoin deposit and withdrawal. Furthermore, the company expects to launch its Bakkt Bitcoin Daily & Monthly Futures on September 23rd.
 


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