Bitcoin Back Near $12K, Deutsche Bank Axes 18K Jobs, & Other News

Most Important Crypto News 

One-minute letter by Cointelegraph What's going on with the crypto markets today? Read our price analysis.   Deutsche Bank taking an axe to 18,000 jobs and winding down its investment banking arm paints a bleak picture of traditional finance at a time of booming growth for crypto.   Financial regulators must act quickly to prepare for Facebook's Libra stablecoin, according to European Central Bank executive board member Benoit Coeure.   The Tron office in Beijing has been surrounded by police as a crowd gathered to protest against a Chinese Ponzi scheme that went under a Tron-like name. Tron CEO Justin Sun commented on the news calling out headlines claiming that Tron's office was raided by police as "fake news."   Singapore plans to exempt cryptocurrencies designed for payments from Goods and Services Tax (GST) — the local equivalent of VAT.   SPONSORED: An aggregated liquidity platform says it is determined to address the current points of pain in blockchain trading. 1.5 mln people follow us on social media Download our official free app

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