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Coinbase Faces Legal Setback As Judge Allows Securities Lawsuit To Proceed
Coinbase, the largest cryptocurrency exchange in the US, must answer allegations from customers who claim the company illegally sold securities without proper…
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CFTC Announces Tokenization Forum With Crypto Industry Leaders
The US Commodity Futures Trading Commission (CFTC) is making strides toward integrating stablecoins into financial markets through a new tokenization pilot. Acting…
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Coinbase Joins the UK’s FCA Register, Unlocking New Crypto Horizons
Coinbase announced on February 3, 2025, that it had received approval from the UK’s Financial Conduct Authority (FCA) as an accredited Virtual…
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UBS Expands Blockchain Technology Push With Gold Tokenization Test
The future of gold trading may be shifting to the blockchain as UBS, one of the world’s largest financial institutions, successfully tests…
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Russian Banks Post Record Profits, But Lending Growth Slows
Russia’s banking sector enjoyed a historic year in 2024, raking in 4 trillion roubles ($40.7 billion) in profits. According to a Reuters…
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ECB Report Reveals Shifting Trade Concerns In European Manufacturing Sector
In a survey by the European Central Bank this January, European manufacturers have expressed deeper concerns about competition from Chinese imports compared…
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China Sparks Huge Uproar In The AI Industry With Its Cutting-Edge And Cost-Effective AI Model
China has launched a new cutting-edge AI model called DeepSeek. Released on Monday, January 20, this new model has shaken up the…
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Bitpanda, OKX, And Crypto.com Scores MiCA License
Bitpanda announced on January 27, 2024, that it had obtained the Market in Crypto-Assets (MiCA) license from Germany’s regulator BaFin. Rival crypto…
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Bitcoin Giant MicroStrategy Buys Back Debt Amid Tax Uncertainty
MicroStrategy, the world’s largest corporate Bitcoin holder, announced the redemption of $1.05 billion in convertible senior notes due in 2027. This decision…
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US Banks Seek Buyers For $3B In X Loans Following Revenue Slump
Wall Street banks are preparing to sell $3 billion worth of loans tied to Elon Musk’s acquisition of X, formerly known as…