lomex
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10 months, 2 weeks agoSouth Korea Proposes Ban on Credit Card Purchases of Cryptocurrency
South Korea’s financial regulator, the Financial Services Commission (FSC), has proposed a ban on using credit cards to purchase cryptocurrency. The FSC cited concerns over illegal capital outflows and anti-money l…
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bob wrote a new post
10 months, 2 weeks agoSouth Korea Proposes Ban on Credit Card Purchases of Cryptocurrency
South Korea’s financial regulator, the Financial Services Commission (FSC), has proposed a ban on using credit cards to purchase cryptocurrency. The FSC cited concerns over illegal capital outflows and anti-money l…
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bob wrote a new post
10 months, 2 weeks agoRiema Labs Secures Funding to Launch Groundbreaking Bitcoin Data Availability Layer
Riema Labs, a leading player in the Bitcoin ecosystem, has successfully concluded its angel investment round, securing crucial funding for the launch of its groundbreaking product. This product, called Nubit,…
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bob wrote a new post
10 months, 2 weeks agoTuttle Capital Files for Six Leveraged Bitcoin ETFs, Aiming to Magnify Returns
Investment firm Tuttle Capital has made a bold move in the crypto space by filing for six leveraged Bitcoin Exchange-Traded Funds (ETFs) with the SEC. These ETFs aim to provide users with magnified returns, seeking…
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bob wrote a new post
10 months, 2 weeks agoGoldman Sachs in Talks to Play Key Role for Bitcoin ETFs in the US
Goldman Sachs, a prominent investment bank on Wall Street, is expected to play a significant role in the introduction of bitcoin exchange-traded funds (ETFs) by BlackRock and Grayscale in the United States.…
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bob wrote a new post
10 months, 2 weeks agoGoldman Sachs Explores Role as Authorized Participant in Bitcoin ETFs
Banking giant Goldman Sachs is reportedly positioning itself to become an authorized participant (AP) for Bitcoin exchange-traded funds (ETFs) introduced by BlackRock and Grayscale. These ETFs are awaiting approval…
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bob wrote a new post
10 months, 2 weeks agoCompetition Intensifies as Swiss Private Banks Seek Top Talent Amidst Departure of CS and UBS Bankers
The Swiss private banking sector is currently engaged in a fierce competition to attract top talent from Credit Suisse (CS) and UBS. In order to entice experienced bankers, these banks are offering high salary…
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bob wrote a new post
10 months, 2 weeks agoSouth Korea Proposes Ban on Credit Card Purchases of Cryptocurrencies
The head financial regulator in South Korea is proposing a new amendment to the credit financing regulations that would make it illegal for residents to use credit cards to purchase cryptocurrencies. The Financial…
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bob wrote a new post
10 months, 2 weeks agoGamma Strategies Offers Bounty to Recover Stolen $3.4 Million in Digital Assets
Gamma Strategies, an Ethereum-based liquidity management protocol, has experienced a significant exploit resulting in the loss of $3.4 million in digital assets. The attack was detected by blockchain security firm…
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bob wrote a new post
10 months, 2 weeks agoLiechtensteinische Landesbank Expands into German Market with New Locations in Munich, Frankfurt, and Düsseldorf
The Liechtensteinische Landesbank (LLB) has recently opened new branches in Germany, specifically in Munich, Frankfurt, and Düsseldorf. These expansions are aimed at leveraging the bank’s close relationship with Sw…
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bob wrote a new post
10 months, 2 weeks agoLiechtensteinische Landesbank Expands into Germany to Strengthen Swiss-European Relations
The Liechtensteinische Landesbank (LLB) has recently opened new branches in Germany, specifically in Munich, Frankfurt, and Düsseldorf. These locations were chosen to strengthen the bank’s close relationship wi…
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bob wrote a new post
10 months, 2 weeks agoHuobi Korea to Terminate Local Virtual Asset Trading Services, Focuses on Brand Renewal and System Upgrades
Huobi Korea, a leading virtual asset exchange, has announced the termination of its local virtual asset trading services. The decision comes as part of the exchange’s strategic move to adapt to the changing m…
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bob wrote a new post
10 months, 2 weeks agoSouth Korea Proposes Ban on Credit Card Purchases of Cryptocurrencies
The Financial Services Commission (FSC) in South Korea has proposed a ban on citizens purchasing cryptocurrencies using credit cards. The FSC aims to limit crypto trading on foreign exchanges and address concerns…
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bob wrote a new post
10 months, 2 weeks agoJob Insecurity Among UBS Bankers Revealed in Recent Survey
A recent survey conducted among employees of a major Swiss bank suggests that nearly half of the combined workforce of UBS and Credit Suisse are concerned about their job security. According to the survey conducted…
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bob wrote a new post
10 months, 2 weeks agoUBS Strengthens Market Position in the Middle East with New Leadership Team
The Swiss bank UBS is making a significant move to strengthen its market position in the Middle East. It has appointed a new leadership team for its investment banking division in the region. This move is seen as a…
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bob wrote a new post
10 months, 2 weeks agoGrayscale Investments in Talks with JPMorgan and Goldman Sachs for Potential Role in Bitcoin ETF
Crypto asset manager Grayscale Investments is reportedly in talks with investment banks JPMorgan and Goldman Sachs regarding their potential involvement in a proposed spot Bitcoin exchange-traded fund (ETF).…
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bob wrote a new post
10 months, 2 weeks agoSouth Korea Proposes Ban on Credit Card Purchases of Cryptocurrency
South Korea’s Financial Services Commission (FSC) is proposing changes to the country’s credit finance laws that would prohibit local citizens from using credit cards to purchase cryptocurrency. The FSC exp…
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bob wrote a new post
10 months, 2 weeks agoGrowing Concerns Over Malicious Solana Drainer Kits Targeting Users
One of the largest online communities dedicated to Solana, a popular cryptocurrency, has over 6,000 members, according to blockchain security firm Chainalysis. Recently, there has been growing concern about…
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bob wrote a new post
10 months, 2 weeks agoInvestors Demand Billions in Compensation from CS Bank
The forced sale of Credit Suisse (CS) to UBS has brought some stability to the troubled bank. However, the low sale price and the decision by the Swiss Financial Market Supervisory Authority (FINMA) to write off…
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bob wrote a new post
10 months, 2 weeks agoSEC Approves First Leveraged Bitcoin Futures ETF, Paving the Way for Mainstream Adoption
The U.S. Securities and Exchange Commission (SEC) has made a groundbreaking decision by approving the launch of the first-ever leveraged Bitcoin futures exchange-traded fund (ETF). This move signifies the growing…