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Day: November 2, 2023

  1. Home
  2. 2023
  3. November
  4. 02
MicroStrategy’s Michael Saylor Bullish on Bitcoin ETF Approval and Halving Impact
  • bob
  • 2023-11-02
  • Company News
  • Cryptocurrency Market Analysis
  • Investment Insights
  • World

MicroStrategy’s Michael Saylor Bullish on Bitcoin ETF Approval and Halving Impact

MicroStrategy’s founder and executive chairman, Michael Saylor, recently discussed his company’s Bitcoin investments and the potential impact of a spot Bitcoin ETF. Saylor expressed optimism about the approval of a spot Bitcoin ETF, believing it would accelerate adoption and increase institutional awareness of Bitcoin. He also highlighted MicroStrategy’s differentiated offering, which generates a tax-deferred Bitcoin […]

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National Bank of Georgia Partners with Ripple for Central Bank Digital Currency Pilot
  • bob
  • 2023-11-02
  • Central Bank Actions
  • Company News
  • Cryptocurrency Innovations
  • Europe

National Bank of Georgia Partners with Ripple for Central Bank Digital Currency Pilot

The National Bank of Georgia (NBG) has partnered with Ripple to launch a pilot program for a central bank digital currency (CBDC) called the Digital Lari. Ripple’s CBDC platform, built on a private version of the XRP ledger, will enable the NBG to mint, manage, and redeem CBDCs in a flexible and scalable manner. Ripple […]

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SafeMoon Founder and Executives Face Fraud Charges, Cryptocurrency Valuation Plunges
  • bob
  • 2023-11-02
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Financial Scams and Security
  • North America

SafeMoon Founder and Executives Face Fraud Charges, Cryptocurrency Valuation Plunges

SafeMoon, a once-promising cryptocurrency, is now embroiled in a scandal of massive proportions. Its founder and top executives are facing charges of fraudulent activities and money laundering, as alleged by the US Department of Justice. This has sent shockwaves through the crypto community and raised concerns about the integrity of digital currency investments.According to the […]

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PayPal Faces SEC Subpoena Over PYUSD Stablecoin, Adding to Regulatory Scrutiny
  • bob
  • 2023-11-02
  • Company News
  • Cryptocurrency Innovations
  • North America
  • Regulatory Developments

PayPal Faces SEC Subpoena Over PYUSD Stablecoin, Adding to Regulatory Scrutiny

PayPal, the global payments firm, has received a subpoena from the US Securities and Exchange Commission (SEC) regarding its PYUSD stablecoin. The subpoena requests the production of documents, and PayPal has stated that it is cooperating with the SEC in connection with this request. This comes as regulatory scrutiny around stablecoins increases, with Circle, the […]

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UK Crypto Asset Promotion Rules Lead to Confusion and Low Compliance
  • bob
  • 2023-11-02
  • Cryptocurrency Regulations
  • Europe
  • Market Analysis and Predictions
  • Regulatory Developments

UK Crypto Asset Promotion Rules Lead to Confusion and Low Compliance

The United Kingdom’s new rules for promoting crypto assets have caused confusion and a lack of compliance among firms. In response, the Financial Conduct Authority (FCA) has issued additional guidance to help crypto firms adhere to the rules. The FCA’s guidance, released on November 2, aligns with existing rules for high-risk investments and aims to […]

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Dubai Financial Services Authority Approves Ripple’s XRP Cryptocurrency Token
  • bob
  • 2023-11-02
  • Cryptocurrency Innovations
  • Cryptocurrency Regulations
  • Middle East
  • Regulatory Developments

Dubai Financial Services Authority Approves Ripple’s XRP Cryptocurrency Token

Ripple has received official approval from the Dubai Financial Services Authority (DFSA) for its XRP cryptocurrency token. This means that licensed firms in the Dubai International Financial Centre (DIFC) can now incorporate XRP into their virtual asset services. The DFSA’s virtual assets regime now allows for four digital assets, including Bitcoin (BTC), Ethereum (ETH), Litecoin […]

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Swiss Bank SGKB Expands Services to Include Bitcoin and Ethereum Trading
  • bob
  • 2023-11-02
  • Company News
  • Cryptocurrency Innovations
  • Cryptocurrency Market Analysis
  • Europe

Swiss Bank SGKB Expands Services to Include Bitcoin and Ethereum Trading

St. Galler Kantonalbank (SGKB), one of Switzerland’s oldest banks, has made a significant move into the world of cryptocurrency. Through a partnership with SEBA Bank, SGKB now offers its clients the ability to trade and store Bitcoin (BTC) and Ethereum (ETH). This expansion into digital assets puts SGKB at the forefront of Swiss banks embracing […]

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SafeMoon Executives Arrested on Fraud Charges, SFM Token Plunges 65%
  • bob
  • 2023-11-02
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Financial Scams and Security
  • North America

SafeMoon Executives Arrested on Fraud Charges, SFM Token Plunges 65%

SFM, the native cryptocurrency of SafeMoon, has experienced a significant price drop of 65% in just one day. This decline comes after the arrest of the project’s founders, John Karony, Kyle Nagy, and Thomas Smith, on fraud charges. The price of SFM plummeted from $0.0002025 to $0.0000718 as investors rushed to sell their holdings in […]

Read More
SafeMoon Executives Arrested on Fraud Charges, SFM Token Plunges 65%
  • bob
  • 2023-11-02
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Financial Scams and Security
  • North America

SafeMoon Executives Arrested on Fraud Charges, SFM Token Plunges 65%

SFM, the native cryptocurrency of SafeMoon, has experienced a significant price drop of 65% in just one day. This decline comes after the arrest of the project’s founders, John Karony, Kyle Nagy, and Thomas Smith, on fraud charges. The price of SFM plummeted from $0.0002025 to $0.0000718 as investors rushed to sell their holdings in […]

Read More
UK National Crime Agency Forms Specialized Cryptocurrency Team to Combat Crypto Crime
  • bob
  • 2023-11-02
  • Cryptocurrency Regulations
  • Europe
  • Financial Scams and Security
  • Government Policies and Cryptocurrency Adoption

UK National Crime Agency Forms Specialized Cryptocurrency Team to Combat Crypto Crime

The United Kingdom’s National Crime Agency is establishing a specialized digital assets team and is looking to hire six crypto investigators. These investigators will be responsible for conducting advanced tracing on blockchains and providing specialist advice and guidance to support new and existing investigations. The base salary for the role has been criticized by some […]

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