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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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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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U.S. Court Finalizes Binance’s $2.7 Billion Settlement with CFTC

In a significant legal development, the U.S. District Court for the Northern District of Illinois has officially greenlit the settlement agreement between cryptocurrency exchange giant Binance and the Commodity Futures...
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FTX Estate Submits Revised Bankruptcy Plan in Effort to Resolve Collapse

The estate of the defunct cryptocurrency giant, FTX, has lodged a revised proposal aimed at settling its bankruptcy woes with a Delaware court, as revealed in a filing made public...
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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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Coinbase to Challenge SEC Denial of Rulemaking Petition in Court, Says Chief Legal Officer

In a bold move against the U.S. Securities and Exchange Commission’s (SEC) recent denial, Coinbase Chief Legal Officer Paul Grewal announced today the exchange’s intention to take the SEC to...
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