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Chinese authorities have dismantled a significant underground banking operation that reportedly utilized cryptocurrencies to evade the nation’s stringent capital controls. Underground Network Circumvents Currency Exchange Limits In a recent operation, Qingdao’s foreign…
Hong Kong’s financial regulatory authorities are gearing up to welcome applications for spot crypto exchange-traded funds (ETFs). This move aligns with the country’s evolving stance on cryptocurrency investments. A Shift Towards Mainstream…
Argentina’s economy, grappling with severe inflation exceeding 140%, has been on a quest for financial stability. This search led to a significant political shift with the election of Javier Milei, a pro-Bitcoin…
Grayscale CEO Michael Sonnenshein recently shared insights on CNBC’s “Squawk Box” program about the potential impact of a Spot Bitcoin ETF approval. He believes that this could open up approximately $30 trillion…
On Thursday, a shocking event unfolded in the world of blockchain technology. Hackers managed to steal $484,000 by injecting harmful code into the Github library of Connect Kit, a key blockchain tool…
KuCoin, a major player in the global cryptocurrency exchange market, recently reached a settlement with New York State, agreeing to a $22 million payment. This settlement is part of New York’s broader…
Senator Elizabeth Warren of Massachusetts has recently bolstered the support for the Digital Asset Anti-Money Laundering Act, a bipartisan initiative. This act represents a significant step towards more stringent regulation of digital…
M&G Investments, a division of M&G Plc, recently spearheaded a $30 million funding round for Global Futures and Options (GFO-X), a digital assets trading platform. This significant financial boost comes just before…
Terra Luna’s Do Kwon is likely to be extradited to the United States, marking the latest development in his ongoing legal troubles. As per a Wall Street Journal report, Montenegro has informally…
Jamie Dimon, the CEO of JP Morgan Chase, has reiterated his strong disapproval of cryptocurrencies. In a recent Senate Banking Committee hearing, he declared that if he had the authority of the…
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