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Indian Government Seeks Ban on Major Crypto Exchanges, Including Binance and Kraken

The crypto industry faces another blow as India’s Financial Intelligence Unit (FIU) aims to ban nine prominent exchanges within the country. The list includes industry giants like Binance and Kraken,...
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Cryptocurrency Scammers Continue to Drain Wallets Through Google Ads, Stealing $3 Million in a Single Day

In a relentless spree of deceit, scammers pilfered a staggering $3 million in cryptocurrencies on Christmas Day alone. Operating under the radar, these fraudulent actors capitalized on Google Ads, luring...
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Central Bank of Nigeria Reverses Ban on Crypto Transactions, Introduces New Guidelines

In a remarkable policy shift, the Central Bank of Nigeria (CBN) has overturned its previous ban on crypto transactions within the country. This significant change came through a circular dated...
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BlackRock’s Bitcoin ETF Nears SEC Approval Amidst Redemption Mechanism Debates

BlackRock took a significant step forward in its pursuit of a spot bitcoin exchange-traded fund (ETF) as it revealed plans for its proposed ETF, christened IBIT, in an amended S-1...
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Central Bank Governor Urges Action Amidst Growing Stablecoin Concerns

Bank of Korea Governor Rhee Chang-yong highlighted the challenges posed by the increasing dominance of stablecoins like tether (USDT) and USD Coin (USDC). Despite their name, these digital currencies often...
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KuCoin Settles with New York, to Pay $22 Million and Block State Residents

KuCoin, a prominent crypto exchange, recently agreed to a $22 million settlement with the State of New York. The settlement includes prohibiting state residents from accessing its platform, detailed in...
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Musk and Dorsey Clash Over Crypto Self-Custody: “Not Your Keys, Not Your Wallet

In a recent twist of events, the world’s most affluent entrepreneur, Elon Musk, stumbled in an attempt to engage in discourse with Twitter and Block co-founder Jack Dorsey regarding the...
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El Salvador and Tether Launch ‘Adopting El Salvador Freedom’: Citizenship Offered for $1M in Bitcoin

In a bold move, the government of El Salvador has teamed up with Tether, the stablecoin company, to unveil a pioneering initiative named “Adopting El Salvador Freedom.” Under this initiative,...
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Regulatory Spotlight Intensifies on Binance in Dubai Amid Legal Woes and VARA Scrutiny

In the midst of escalating challenges for Binance, the leading cryptocurrency exchange, regulatory scrutiny has heightened with Dubai’s Virtual Asset Regulator, VARA, closely monitoring its activities following recent legal entanglements....
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AntPool’s Fee Freeze: A Bid to Rectify Record-Breaking Bitcoin Transaction Fee

In a recent development, AntPool, a prominent Bitcoin mining pool, made an announcement regarding a record-breaking transaction and subsequent actions to rectify a significant fee issue. The incident occurred last...
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