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10 months agoBinance Faces Allegations of Unauthorized Business Operations in the Philippines
The Philippines Securities and Exchange Commission (SEC) has issued a warning against cryptocurrency exchange Binance, claiming that the platform has been operating in the country without the necessary…
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10 months agoNigeria Urged to Implement Regulations for Blockchain Integration
A stakeholder in the blockchain and fintech ecosystem has urged the Nigerian government to implement regulations that will facilitate the widespread integration of blockchain technology in the country. The National…
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10 months agoBIS Innovation Hub Releases Report on Private CBDC Initiative, Project Tourbillon, Highlighting Payment Anonymity
The Bank for International Settlements (BIS) Innovation Hub has released its final report on Project Tourbillon, an initiative focused on developing a “private CBDC” (central bank digital currency). The report exp…
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10 months agoCrypto Security Incidents Continue to Undermine Trust and Adoption
As the number of hacks and exploits in the crypto industry continues to rise, cybersecurity professionals are highlighting the need for improved crypto security measures. In 2023 alone, nearly $1 billion has been…
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10 months agoCharlie Munger, Vice Chairman of Berkshire Hathaway and Fierce Bitcoin Critic, Passes Away at 99
Charlie Munger, the long-time right-hand man of Warren Buffett and vice chairman of Berkshire Hathaway, has passed away at the age of 99. Munger, who played a crucial role in turning Berkshire Hathaway into a…
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10 months agoThai Crypto Exchange Zipmex Offers Creditors 3.35 Cents per Dollar in Restructuring Plan
Embattled Thai cryptocurrency exchange, Zipmex, has proposed a restructuring offer to its creditors. The exchange, which owes its customers $97 million, is offering 3.35 cents per dollar of initial claims, with the…
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10 months agoBinance Faces Regulatory Trouble in the Philippines for Operating Without Approval or License
Cryptocurrency exchange Binance has come under scrutiny in the Philippines for operating without the necessary approval or license from the local securities regulator. The Philippines Securities and Exchange…
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10 months agoCristiano Ronaldo Faces Class-Action Lawsuit Over Promotion of Binance Crypto Exchange
Pro-soccer star Cristiano Ronaldo is facing a proposed class-action lawsuit from plaintiffs who claim they suffered losses due to his promotion of the crypto exchange Binance. The lawsuit alleges that Ronaldo…
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10 months agoKyberSwap Hacker Demands Civility in Negotiations, Threatens Delay
The hacker responsible for the $46 million crypto theft against KyberSwap has issued a warning to the company’s executives and tokenholders. In an on-chain message, the hacker stated that they plan to release a s…
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10 months agoThe Rise of Private Debt: A Growing Concern for Julius Bär and René Benko
Private Debt is a booming form of credit financing that is gaining popularity in the financial world. These loans are privately issued and traded, away from the public markets, making the transactions largely…
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10 months agoGenesis and Digital Currency Group Reach Repayment Deal, Potentially Ending Lawsuit
Bankrupt crypto lender Genesis and its parent company, Digital Currency Group (DCG), have reached a deal to potentially resolve an ongoing lawsuit. Genesis filed a document with a New York Bankruptcy Court stating…
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10 months agoSEC Requests Public Comments on Franklin Templeton and Hashdex Bitcoin ETF Proposals
The United States Securities and Exchange Commission (SEC) has taken the next steps in considering the proposed Bitcoin exchange-traded fund (ETF) bids by Franklin Templeton and Hashdex. The agency has requested…
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10 months agoCourt Allows Jump Crypto to Submit Confidential Information in SEC's Case Against Terraform Labs
A U.S. court has granted permission to Jump Crypto, a “third party” in the SEC’s case against Terraform Labs, to submit certain information confidentially. The SEC has accused Terraform Labs and its founder, Do Kw…
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10 months agoCryptocurrency Co-Founder Criticizes U.S. Regulators for Treating Bitcoin Differently from Other Coins
Cardano co-founder Charles Hoskinson has criticized U.S. regulators for categorizing ADA and other cryptocurrencies as unregistered securities while giving bitcoin a pass. Hoskinson argues that bitcoin could also…
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10 months agoFranklin Templeton Files Updated S-1 for Bitcoin ETF with SEC
Franklin Templeton has submitted an updated filing with the SEC to launch a Bitcoin exchange-traded fund (ETF). This comes shortly after the SEC’s decision to delay a previous proposal. The Franklin Bitcoin ETF, i…
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10 months agoLegendary Investor Charlie Munger, Fierce Critic of Cryptocurrency, Passes Away at 99
Charlie Munger, the legendary investor and longtime partner of Warren Buffett, has passed away at the age of 99. Munger was known for his successful career in investing and his outspoken criticism of…
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10 months agoSEC Case Against Terraform Labs: Judge Approves Confidential Materials from Jump Crypto Holdings
A federal judge has approved the confidential treatment of certain materials produced by Jump Crypto Holdings, the crypto arm of Jump Trading, in the ongoing case against Terraform Labs by the United States…
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10 months agoCoinbase Receives Subpoena from CFTC Regarding Bybit Cryptocurrency Exchange
Coinbase, a popular cryptocurrency exchange, has received a subpoena from the United States Commodity Futures Trading Commission (CFTC). The CFTC is seeking information about another cryptocurrency exchange called…
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10 months agoSEC Delays Decision on Bitcoin ETFs, Potential Approvals Expected in January
The Securities and Exchange Commission (SEC) has postponed its decision on whether to approve or disapprove two bitcoin exchange-traded funds (ETFs) – the Franklin Bitcoin ETF and the Hashdex Bitcoin Futures ETF. T…
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10 months agoInternational Financial Organization Calls for Global Cooperation in Regulating Crypto-Asset Intermediaries
The Financial Stability Board (FSB) is calling for greater cooperation among national regulatory bodies in the regulation of cryptocurrencies. Specifically, the FSB is recommending cross-border collaboration in the…