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NEWS

Crypto Industry Anticipates SEC’s Call on Bitcoin ETF Applications as Deadline Nears

In anticipation of the approaching Jan. 10 cutoff for the SEC’s verdict on the Ark Investments and 21Shares spot Bitcoin ETF proposal, reports from Reuters suggest that asset managers may...
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Bitcoin Mining Operation Busted in Indonesia for Electricity Theft Worth Nearly $1 Million

A recent report has shed light on a significant crackdown by the North Sumatra Police Force in Indonesia. The operation targeted a sprawling Bitcoin mining endeavor across 10 locations, resulting...
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Former FTX CEO, Sam Bankman-Fried, Spared Second Trial Amidst Legal Fallout

Former cryptocurrency mogul Sam Bankman-Fried, convicted on multiple counts including fraud and money laundering in November, has been spared a potential second trial by prosecutors. Despite the looming specter of...
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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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Shares of Coinbase, MicroStrategy, and Others Skyrocket, Outshining Bitcoin’s 150% Surge

In a surprising turn of events, the most profitable arena for crypto enthusiasts in 2023 wasn’t the realm of cryptocurrencies itself, but rather the stock market. While Bitcoin surged impressively...
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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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Russia Incorporates Digital Ruble into Tax Code, Bolstering Control and Oversight

Russia’s President Vladimir Putin has officially embedded the nation’s digital ruble into the tax code, a move solidifying the currency’s legal status, as reported by Telesputnik. The amended tax code...
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Hong Kong Poised to Lead Asia with Potential Spot Bitcoin ETFs Following U.S. Approval

Hong Kong stands at the forefront of embracing crypto as it eyes the possibility of introducing spot bitcoin exchange-traded funds (ETFs), riding on the coattails of potential approval in the...
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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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SEC Expected to Greenlight Cash-Based Bitcoin ETFs in 2024, Industry Sources Reveal

Charles Gasparino, reporting for Fox Business, has shed light on the growing confidence within financial circles regarding the Securities and Exchange Commission’s (SEC) anticipated approval of spot Bitcoin Exchange-Traded Funds...
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