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Will Spot Bitcoin ETF Approval Be A Boon Or Bane? Here's What Industry Experts Say
Monday, December 18, 2023 - 3:07pm | 683The crypto markets have been rocking with optimism for the past three months over the likelihood that regulators will approve spot Bitcoin ETFs. While a lot of analysts are positive about the approval, some believe that a non-approval may shake up the industry. What Happened: With the Spot Bitcoin...
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Crypto Exchange Giant Coinbase Gets The Axe In Kazakhstan's Regulatory Crackdown
Tuesday, November 7, 2023 - 6:13pm | 729Kazakhstan’s authorities have confirmed the blocking of the website of Coinbase (NASDAQ: COIN), the world’s second-largest crypto exchange. Kazakhstan Blocks Coinbase: The block is a direct response to the company’s operations, which are said to contradict the nation’s...
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Bitget's Ambitious $100M Fund To Invest In Regional Exchanges, Data Analytics Firms, Media Entities
Tuesday, September 12, 2023 - 12:06pm | 441Crypto derivatives and copy trading exchange Bitget unveiled on Wednesday its ambitious Bitget EmpowerX Fund, which has a capital base of $100 million and aims to propel the platform's ecosystem development. The primary focus will be on investing in regional exchanges, data analytics...
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Ripple's Legal Victory Will Be A Rising Tide For The Crypto Industry, Says Cantor Fitzgerald Report
Tuesday, July 18, 2023 - 1:56pm | 650The outcome of the SEC v. Ripple (CRYPTO: XRP) case is seen as a pivotal moment in shaping future U.S. crypto regulation, according to a report by Cantor Fitzgerald. The report, which quoted an interaction with Pacific Street Managing Director Gareth Rhodes, suggested that...
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Vitalik Buterin Says Solana, Other Blockchain Projects Don't Deserve SEC Wrath
Friday, June 30, 2023 - 10:14am | 539Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin expressed concern regarding the U.S. Securities and Exchange Commission's (SEC) recent actions towards Solana (CRYPTO: SOL) and other blockchain projects. In a measured tone, Buterin took to Twitter to voice his apprehension about the...
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Blockstation CEO Predicts Traditional Finance Could Overtake Crypto Exchanges
Thursday, June 29, 2023 - 9:07am | 496Blockstation CEO Jai Waterman believes conventional financial powerhouses could effectively harness their credibility and infrastructural advantages to dominate the digital assets trading landscape. Traditional financial institutions manage the majority of investors' money, Waterman told...
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Bitcoin Miners Flood Exchanges With Over $1B In Bitcoin: What's Behind The Crypto Transfers?
Wednesday, June 28, 2023 - 2:15pm | 460Bitcoin (CRYPTO: BTC) miners have transferred over a billion dollars worth of Bitcoin to cryptocurrency exchanges in the past two weeks, apparently not for selling the tokens. The information on this massive transfer was revealed through a series of tweets from CryptoQuant, which shed light on the...
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Binance Set To Supercharge Transactions With Bitcoin Lightning Network Integration
Tuesday, June 20, 2023 - 11:33am | 488Leading cryptocurrency exchange Binance (CRYPTO: BNB) has announced that it is in the process of integrating the Bitcoin (CRYPTO: BTC) Lightning Network to facilitate deposits and withdrawals. The announcement was made via a tweet from Binance, which confirmed that some users have already noticed...
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Crypto Exchanges Push For Softer Trading Restrictions In Japan To Boost Trading Activity
Tuesday, June 20, 2023 - 10:53am | 495Cryptocurrency exchanges in Japan are rallying for the softening of restrictions on margin trading, despite the tumultuous crash of the global digital asset market last year. A considerable number of industry professionals are advocating for the authorization of retail investors to employ leverage...
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Crypto Can't Dodge The Law With Fancy Talk, Says SEC's Gary Gensler
Thursday, June 8, 2023 - 4:56pm | 528Utility claims cannot be used as a shield for crypto assets or exchanges to escape the purview of securities regulations. That's according to U.S. Securities and Exchange Commission (SEC) chief Gary Gensler who recently spoke at the Piper Sandler Global Exchange and FinTech Conference...
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Crypto Trading In Hong Kong Goes Mainstream — How Investors Will Be Protected
Tuesday, May 23, 2023 - 10:22am | 453Hong Kong's Securities and Futures Commission (SFC) has announced that it will start accepting applications for crypto trading platform licenses beginning June 1. The SFC's new guidelines aim to regulate the crypto industry and protect retail investors. According to the guidelines, licensed...
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SEC Expected To Target Coinbase In Regulatory Action, Says Berenberg Report
Tuesday, May 16, 2023 - 10:49am | 509The Securities and Exchange Commission (SEC) is expected to launch regulatory action against Coinbase Global Inc (NASDAQ: COIN) soon, according to a research report from Berenberg. It's a move that might resemble previous actions against competing cryptocurrency exchanges such as...
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Paradigm Throws Down Gauntlet, Supports Coinbase Against SEC's 'Insincerity'
Thursday, May 11, 2023 - 5:01pm | 371Venture capital firm Paradigm filed an amicus brief in support of Coinbase Global Inc.'s (NASDAQ: COIN) ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC). The lawsuit aims to compel the SEC to respond to Coinbase's rulemaking petition, which seeks practical...
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Coinbase Warns SEC: Don't Mess With Crypto's Big Dog
Thursday, April 27, 2023 - 5:15pm | 489Coinbase Global Inc. (NASDAQ: COIN) is taking steps to prevent the SEC from filing a lawsuit against the firm, emphasizing the challenges the agency might face in such a legal battle. In a detailed response to the SEC's March Wells Notice, which indicated the regulatory agency's intention...
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North Korea's Cyber-Fueled Nuke Financing Triggers Alarm Bells For US, Japan, And South Korea
Monday, April 10, 2023 - 3:33pm | 511Special envoys from the United States, Japan, and South Korea have expressed deep concerns over North Korea's growing nuclear program, highlighting the role of North Korean hackers and IT specialists in fueling the regime's weapons development. According to a report by AFP, North Korea...