Tag: crypto

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Bitcoin remains the preferred choice in investors’ portfolios (91%), with Ethereum trailing closely behind (78%), indicating strong asset preferences. A recent study by KPMG indicates a resurgence in investor sentiment following a turbulent year in the cryptocurrency market. The research, encompassing approximately 2,400 private crypto investors across Germany, Austria, and Switzerland, provides insights into evolving […]

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SEBI Chief Madhabi Puri Buch highlights the need for instant settlement in traditional markets to prevent investors from shifting to cryptocurrency. SEBI’s head states traditional markets need instant settlements to compete with crypto. “Investors are likely to move to crypto if traditional markets cannot offer tokenization and instantaneous settlement,” said SEBI’s Madhabi Puri Buch. The […]

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Today, the Hong Kong Securities and Futures Commission (SFC) released a cautionary notice, advising investors to stay alert to fake websites pretending to be real virtual asset trading platforms. It highlighted two main culprits: HSKEX, which is falsely claiming to be Hash Blockchain Limited with urls – www.hskexpro.com, www.hskex.com, www.hskexs.com, and www.hskexit.com. Another set, www.oslexu.com […]

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Senator Elizabeth Warren’s well-known campaign against cryptocurrency encounters a significant setback as a senior official from the Treasury Department disputes her criticisms. During a House Financial Services Committee oversight hearing, the testimony directly opposes Warren’s assertions that cryptocurrency serves as the main funding source for terrorist organizations in the Middle East. Dismissing Warren’s Perspective Brian […]

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The former UK Chancellor of the Exchequer, Lord Philip Hammond, has refuted claims that he was involved in unauthorized lobbying activities for the cryptocurrency company Copper. Currently, he is the chairman of Copper, a crypto firm based in Switzerland. His tenure at the company began in January of the previous year, initially serving as an […]

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On Tuesday, the Securities and Exchange Commission approved a final rule that DeFi advocates criticize as “hostile” to the sector. This rule might force projects to register as dealers. The U.S. Securities and Exchange Commission (SEC) broadened its definition of a dealer today, aiming to encompass a wider range of financial operations under its jurisdiction. […]

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Venezuela has officially terminated its Petro cryptocurrency after a tumultuous five-year period. Launched in 2018 by President Nicolas Maduro, the Petro was intended to bolster Venezuela’s national currency, the bolívar, amidst a severe economic crisis. The cryptocurrency was backed by the country’s substantial oil reserves. From the outset, the Petro faced skepticism and legal challenges. […]